Suite number:
204
Project:
Address:
Toronto E01, Ontario
Developer:
Grid Developments
Property type:
condo
Bathrooms:
2
Bedrooms:
2
Size:
858 sqft
Occupancy Date:
Nov 2022
Price, CAD
$929,900
Available
ROI
Want to own a unit? —
Investment Period: 5 years
Yearly Return on Investment in Year 5
33.13%
Cumulative Return on Investment in Year 5
161.22%
Property Price at the End of Year 5
$1,198,000
Deposit Schedule
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 | $48,000 | $51,000 | $54,000 | $56,000 | $59,000 | $62,000 | $66,000 | $69,000 | $73,000 | $76,000 | $614,000 |
| rent income | - | - | - | - | - | - | - | - | - | - | - |
| mortgage principal reduction | $38,000 | $14,000 | $14,000 | $15,000 | $16,000 | $16,000 | $17,000 | $18,000 | $19,000 | $20,000 | $187,000 |
| deposit interest | - | - | - | - | - | - | - | - | - | - | - |
| gst hst rebate | - | - | - | - | - | - | - | - | - | - | - |
| total income return | $86,000 | $65,000 | $68,000 | $71,000 | $75,000 | $79,000 | $83,000 | $87,000 | $91,000 | $96,000 | $800,000 |
Expense/ Investment
| Category | Y1 | Y2 | Y3 | Y4 | Y5 | Y6 | Y7 | Y8 | Y9 | Y10 | Total |
|---|---|---|---|---|---|---|---|---|---|---|---|
| deposit | - | - | - | - | - | - | - | - | - | - | - |
| remaining balance payment | - | - | - | - | - | - | - | - | - | - | - |
| closing cost | - | - | - | - | - | - | - | - | - | - | - |
| operating expense | - | - | - | - | - | - | - | - | - | - | - |
| mortgage payment | $45,000 | $45,000 | $45,000 | $45,000 | $45,000 | $45,000 | $45,000 | $45,000 | $45,000 | $45,000 | $452,000 |
| total expense investment | $45,000 | $45,000 | $45,000 | $45,000 | $45,000 | $45,000 | $45,000 | $45,000 | $45,000 | $45,000 | $452,000 |
Other
| Category | Y1 | Y2 | Y3 | Y4 | Y5 | Y6 | Y7 | Y8 | Y9 | Y10 | Total |
|---|---|---|---|---|---|---|---|---|---|---|---|
| net gain loss | $41,000 | $19,000 | $23,000 | $26,000 | $30,000 | $33,000 | $37,000 | $42,000 | $46,000 | $51,000 | $348,000 |
| cumulative roi | $190 | $166 | $161 | $160 | $161 | $163 | $166 | $169 | $173 | $177 | $2,000 |
The Lofthouse Condominiums
Address: Toronto E01, Ontario
Price Range: $930,000 - $930,000
Avail. suites: 1
1.5—3 bd
708—1145 SqFt