Suite number:
The Baker (Penthouse and Lower Penthouse Suites)
Project:
Address:
Toronto, Ontario
Developer:
The Sher Corporation
Property type:
condo
Floor plan:
Bathrooms:
2
Bedrooms:
2.5
Size:
930 sqft
Occupancy Date:
Mar 2025
Price, CAD
$1,569,990
Available
ROI
Want to own a unit? —
Investment Period: 5 years
Yearly Return on Investment in Year 5
23.15%
Cumulative Return on Investment in Year 5
109.60%
Property Price at the End of Year 5
$2,023,000
Deposit Schedule
$5,000 at Signing
Total up to 5% in -287 days
$78,500
5% in -196 days
$78,500
5% on Occupancy
$78,500
Net Gain (Loss)
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Property Price Appreciation
Investment Details (10-Year Period)
Income/Return
| Category | Y1 | Y2 | Y3 | Y4 | Y5 | Y6 | Y7 | Y8 | Y9 | Y10 | Total |
|---|---|---|---|---|---|---|---|---|---|---|---|
| property price appreciation | $82,000 | $86,000 | $90,000 | $95,000 | $100,000 | $105,000 | $111,000 | $116,000 | $122,000 | $129,000 | $1,036,000 |
| rent income | $27,000 | $34,000 | $35,000 | $37,000 | $38,000 | $40,000 | $42,000 | $43,000 | $45,000 | $47,000 | $387,000 |
| mortgage principal reduction | $16,000 | $20,000 | $21,000 | $22,000 | $23,000 | $24,000 | $26,000 | $27,000 | $28,000 | $29,000 | $237,000 |
| deposit interest | $4,000 | - | - | - | - | - | - | - | - | - | $4,000 |
| gst hst rebate | $24,000 | - | - | - | - | - | - | - | - | - | $24,000 |
| total income return | $153,000 | $140,000 | $147,000 | $154,000 | $161,000 | $169,000 | $178,000 | $187,000 | $196,000 | $205,000 | $1,689,000 |
Expense/ Investment
| Category | Y1 | Y2 | Y3 | Y4 | Y5 | Y6 | Y7 | Y8 | Y9 | Y10 | Total |
|---|---|---|---|---|---|---|---|---|---|---|---|
| deposit | $78,000 | - | - | - | - | - | - | - | - | - | $78,000 |
| remaining balance payment | $78,000 | - | - | - | - | - | - | - | - | - | $78,000 |
| closing cost | $96,000 | - | - | - | - | - | - | - | - | - | $96,000 |
| operating expense | $13,000 | $16,000 | $16,000 | $17,000 | $17,000 | $17,000 | $18,000 | $18,000 | $19,000 | $19,000 | $169,000 |
| mortgage payment | $66,000 | $79,000 | $79,000 | $79,000 | $79,000 | $79,000 | $79,000 | $79,000 | $79,000 | $79,000 | $773,000 |
| total expense investment | $332,000 | $94,000 | $95,000 | $95,000 | $96,000 | $96,000 | $96,000 | $97,000 | $97,000 | $98,000 | $1,196,000 |
Other
| Category | Y1 | Y2 | Y3 | Y4 | Y5 | Y6 | Y7 | Y8 | Y9 | Y10 | Total |
|---|---|---|---|---|---|---|---|---|---|---|---|
| net gain loss | -$179,189 | $45,000 | $52,000 | $59,000 | $66,000 | $73,000 | $81,000 | $90,000 | $99,000 | $108,000 | $493,000 |
| cumulative roi | $42 | $65 | $82 | $97 | $110 | $121 | $132 | $142 | $153 | $163 | $1,000 |
UOVO Boutique Residences
Address: Toronto, Ontario
Price Range: $1,000,000 - $4,000,000
Avail. suites: 19
1.5—3.5 bd
733—1996 SqFt