Suite number:
B465 - 1107
Project:
Address:
Toronto C01, Ontario
Developer:
Originate Developments
Property type:
condo
Bathrooms:
1
Bedrooms:
1
Size:
465 sqft
Occupancy Date:
Jan 2027
$781,990
Available
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Investment Period: 5 years
Yearly Return on Investment in Year 5
23.09%
Cumulative Return on Investment in Year 5
110.36%
Property Price at the End of Year 5
$1,007,000
Deposit Schedule
$10,000 at Signing
Total up to 5% in 0 days
$39,100
5% in 0 days
$39,100
5% in 15 days
$39,100
5% on Occupancy
$39,100
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 | $41,000 | $43,000 | $45,000 | $47,000 | $50,000 | $52,000 | $55,000 | $58,000 | $61,000 | $64,000 | $516,000 |
rent income | - | - | $9,000 | $11,000 | $12,000 | $12,000 | $13,000 | $13,000 | $14,000 | $15,000 | $99,000 |
mortgage principal reduction | - | - | $8,000 | $10,000 | $11,000 | $11,000 | $12,000 | $13,000 | $13,000 | $14,000 | $93,000 |
deposit interest | $7,000 | $4,000 | $450 | - | - | - | - | - | - | - | $11,000 |
gst hst rebate | - | - | $24,000 | - | - | - | - | - | - | - | $24,000 |
total income return | $47,000 | $47,000 | $87,000 | $69,000 | $73,000 | $76,000 | $80,000 | $84,000 | $88,000 | $92,000 | $743,000 |
Expense/ Investment
Category | Y1 | Y2 | Y3 | Y4 | Y5 | Y6 | Y7 | Y8 | Y9 | Y10 | Total |
---|---|---|---|---|---|---|---|---|---|---|---|
deposit | $78,000 | - | $39,000 | - | - | - | - | - | - | - | $117,000 |
remaining balance payment | - | - | - | - | - | - | - | - | - | - | - |
closing cost | - | - | $63,000 | - | - | - | - | - | - | - | $63,000 |
operating expense | - | - | $6,000 | $7,000 | $8,000 | $8,000 | $8,000 | $8,000 | $9,000 | $9,000 | $63,000 |
mortgage payment | - | - | $32,000 | $38,000 | $38,000 | $38,000 | $38,000 | $38,000 | $38,000 | $38,000 | $298,000 |
total expense investment | $78,000 | - | $140,000 | $45,000 | $46,000 | $46,000 | $46,000 | $46,000 | $47,000 | $47,000 | $541,000 |
Other
Category | Y1 | Y2 | Y3 | Y4 | Y5 | Y6 | Y7 | Y8 | Y9 | Y10 | Total |
---|---|---|---|---|---|---|---|---|---|---|---|
net gain loss | -$30,986 | $47,000 | -$53,135 | $24,000 | $27,000 | $30,000 | $34,000 | $37,000 | $41,000 | $45,000 | $201,000 |
cumulative roi | $60 | $120 | $88 | $100 | $110 | $119 | $128 | $135 | $143 | $150 | $1,000 |
Reside on Richmond
Address: Toronto C01, Ontario
Price Range: $552,000 - $1,434,000
Avail. suites: 21
0—3 bd
349—1091 SqFt