Suite number:
1509 - 0B
Project:
Address:
Toronto C08, Ontario
Developer:
Graywood Developments
Property type:
condo
Floor plan:
Bathrooms:
1
Bedrooms:
0
Size:
267 sqft
Occupancy Date:
May 2025
Price, CAD
$477,900
Available
ROI
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Investment Period: 5 years
Yearly Return on Investment in Year 5
14.92%
Cumulative Return on Investment in Year 5
76.32%
Property Price at the End of Year 5
$616,000
Deposit Schedule
$5,000 at Signing
Total up to 2.5% in 30 days
$11,948
2.5% in 90 days
$11,948
10% on Occupancy
$47,790
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 | $25,000 | $26,000 | $27,000 | $29,000 | $30,000 | $32,000 | $34,000 | $35,000 | $37,000 | $39,000 | $315,000 |
| rent income | $3,000 | $5,000 | $5,000 | $5,000 | $5,000 | $6,000 | $6,000 | $6,000 | $6,000 | $7,000 | $54,000 |
| mortgage principal reduction | $3,000 | $6,000 | $6,000 | $7,000 | $7,000 | $7,000 | $8,000 | $8,000 | $8,000 | $9,000 | $70,000 |
| deposit interest | $131 | - | - | - | - | - | - | - | - | - | $131 |
| gst hst rebate | $24,000 | - | - | - | - | - | - | - | - | - | $24,000 |
| total income return | $55,000 | $37,000 | $39,000 | $41,000 | $43,000 | $45,000 | $47,000 | $50,000 | $52,000 | $55,000 | $464,000 |
Expense/ Investment
| Category | Y1 | Y2 | Y3 | Y4 | Y5 | Y6 | Y7 | Y8 | Y9 | Y10 | Total |
|---|---|---|---|---|---|---|---|---|---|---|---|
| deposit | $72,000 | - | - | - | - | - | - | - | - | - | $72,000 |
| remaining balance payment | $24,000 | - | - | - | - | - | - | - | - | - | $24,000 |
| closing cost | $53,000 | - | - | - | - | - | - | - | - | - | $53,000 |
| operating expense | $2,000 | $4,000 | $4,000 | $4,000 | $4,000 | $4,000 | $4,000 | $4,000 | $5,000 | $5,000 | $40,000 |
| mortgage payment | $14,000 | $24,000 | $24,000 | $24,000 | $24,000 | $24,000 | $24,000 | $24,000 | $24,000 | $24,000 | $229,000 |
| total expense investment | $164,000 | $28,000 | $28,000 | $28,000 | $28,000 | $28,000 | $28,000 | $28,000 | $28,000 | $29,000 | $418,000 |
Other
| Category | Y1 | Y2 | Y3 | Y4 | Y5 | Y6 | Y7 | Y8 | Y9 | Y10 | Total |
|---|---|---|---|---|---|---|---|---|---|---|---|
| net gain loss | -$109,283 | $9,000 | $11,000 | $13,000 | $15,000 | $17,000 | $19,000 | $21,000 | $24,000 | $26,000 | $46,000 |
| cumulative roi | $33 | $46 | $58 | $67 | $76 | $84 | $92 | $99 | $106 | $113 | $776 |
The Goode Condos
Address: Toronto C08, Ontario
Price Range: $478,000 - $1,780,000
Avail. suites: 22
0—15 bd
263—1179 SqFt