Suite number:
Niki
Project:
Address:
Toronto C09, Ontario
Developer:
Menkes Developments Ltd.
Property type:
condo
Bathrooms:
1
Bedrooms:
0
Size:
372 sqft
Occupancy Date:
Mar 2025
Price, CAD
$687,990
Available
ROI
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Investment Period: 5 years
Yearly Return on Investment in Year 5
16.39%
Cumulative Return on Investment in Year 5
80.50%
Property Price at the End of Year 5
$886,000
Deposit Schedule
$10,000 at Signing
Total up to 5% in 30 days
$24,400
10% on Occupancy
$68,799
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 | $36,000 | $38,000 | $40,000 | $42,000 | $44,000 | $46,000 | $48,000 | $51,000 | $54,000 | $56,000 | $454,000 |
| rent income | $3,000 | $7,000 | $7,000 | $7,000 | $8,000 | $8,000 | $8,000 | $9,000 | $9,000 | $9,000 | $75,000 |
| mortgage principal reduction | $5,000 | $10,000 | $10,000 | $11,000 | $11,000 | $12,000 | $12,000 | $13,000 | $13,000 | $14,000 | $110,000 |
| deposit interest | $695 | - | - | - | - | - | - | - | - | - | $695 |
| gst hst rebate | $24,000 | - | - | - | - | - | - | - | - | - | $24,000 |
| total income return | $68,000 | $54,000 | $57,000 | $60,000 | $63,000 | $66,000 | $69,000 | $72,000 | $76,000 | $79,000 | $663,000 |
Expense/ Investment
| Category | Y1 | Y2 | Y3 | Y4 | Y5 | Y6 | Y7 | Y8 | Y9 | Y10 | Total |
|---|---|---|---|---|---|---|---|---|---|---|---|
| deposit | $103,000 | - | - | - | - | - | - | - | - | - | $103,000 |
| remaining balance payment | $34,000 | - | - | - | - | - | - | - | - | - | $34,000 |
| closing cost | $59,000 | - | - | - | - | - | - | - | - | - | $59,000 |
| operating expense | $3,000 | $7,000 | $7,000 | $7,000 | $7,000 | $8,000 | $8,000 | $8,000 | $8,000 | $9,000 | $72,000 |
| mortgage payment | $16,000 | $32,000 | $32,000 | $32,000 | $32,000 | $32,000 | $32,000 | $32,000 | $32,000 | $32,000 | $300,000 |
| total expense investment | $216,000 | $38,000 | $38,000 | $39,000 | $39,000 | $39,000 | $39,000 | $40,000 | $40,000 | $40,000 | $568,000 |
Other
| Category | Y1 | Y2 | Y3 | Y4 | Y5 | Y6 | Y7 | Y8 | Y9 | Y10 | Total |
|---|---|---|---|---|---|---|---|---|---|---|---|
| net gain loss | -$147,700 | $16,000 | $18,000 | $21,000 | $24,000 | $26,000 | $29,000 | $33,000 | $36,000 | $39,000 | $95,000 |
| cumulative roi | $31 | $47 | $60 | $71 | $80 | $89 | $98 | $105 | $113 | $120 | $814 |
Welcome to refined living at Adagio by Menkes, a new luxury boutique condominium in Yorkville. Designed as an elegant modern retreat in the heart of the city and inspired by the distinguished history of the address. Adagio promises a rewarding life. ...
Address: Toronto C09, Ontario
Price Range: $688,000 - $1,860,000
Avail. suites: 15
0—3 bd
372—993 SqFt