Suite number:
2W+D
Project:
Address:
Toronto W08, Ontario
Developer:
Tridel
Property type:
condo
Bathrooms:
2.5
Bedrooms:
2
Size:
1817 sqft
Occupancy Date:
Jan 2025
Price, CAD
$2,555,000
Available
ROI
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Investment Period: 5 years
Yearly Return on Investment in Year 5
18.28%
Cumulative Return on Investment in Year 5
84.72%
Property Price at the End of Year 5
$3,292,000
Deposit Schedule
$5 at Signing
Total up to 15% in 330 days
$383,250
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 | $132,000 | $140,000 | $147,000 | $155,000 | $163,000 | $171,000 | $180,000 | $189,000 | $199,000 | $210,000 | $1,686,000 |
| rent income | $44,000 | $55,000 | $57,000 | $60,000 | $62,000 | $65,000 | $68,000 | $71,000 | $74,000 | $77,000 | $634,000 |
| mortgage principal reduction | $27,000 | $34,000 | $36,000 | $37,000 | $39,000 | $41,000 | $43,000 | $45,000 | $47,000 | $49,000 | $399,000 |
| deposit interest | $710 | - | - | - | - | - | - | - | - | - | $710 |
| gst hst rebate | $24,000 | - | - | - | - | - | - | - | - | - | $24,000 |
| total income return | $229,000 | $229,000 | $240,000 | $252,000 | $264,000 | $277,000 | $291,000 | $305,000 | $320,000 | $336,000 | $2,744,000 |
Expense/ Investment
| Category | Y1 | Y2 | Y3 | Y4 | Y5 | Y6 | Y7 | Y8 | Y9 | Y10 | Total |
|---|---|---|---|---|---|---|---|---|---|---|---|
| deposit | $383,000 | - | - | - | - | - | - | - | - | - | $383,000 |
| remaining balance payment | $128,000 | - | - | - | - | - | - | - | - | - | $128,000 |
| closing cost | $140,000 | - | - | - | - | - | - | - | - | - | $140,000 |
| operating expense | $23,000 | $28,000 | $29,000 | $30,000 | $31,000 | $32,000 | $33,000 | $34,000 | $35,000 | $36,000 | $310,000 |
| mortgage payment | $104,000 | $124,000 | $124,000 | $124,000 | $124,000 | $124,000 | $124,000 | $124,000 | $124,000 | $124,000 | $1,222,000 |
| total expense investment | $777,000 | $152,000 | $153,000 | $154,000 | $155,000 | $156,000 | $157,000 | $158,000 | $159,000 | $160,000 | $2,183,000 |
Other
| Category | Y1 | Y2 | Y3 | Y4 | Y5 | Y6 | Y7 | Y8 | Y9 | Y10 | Total |
|---|---|---|---|---|---|---|---|---|---|---|---|
| net gain loss | -$548,242 | $77,000 | $87,000 | $98,000 | $109,000 | $121,000 | $134,000 | $147,000 | $161,000 | $175,000 | $560,000 |
| cumulative roi | $25 | $44 | $59 | $73 | $85 | $96 | $107 | $117 | $127 | $137 | $869 |
Edenbridge on The Kingsway
Address: Toronto W08, Ontario
Price Range: $2,165,000 - $2,905,000
Avail. suites: 9
1—2.5 bd
637—2379 SqFt