Suite number:
Scoll-1
Project:
Address:
Toronto C02, Ontario
Developer:
Great Gulf
Property type:
condo
Bathrooms:
2
Bedrooms:
2
Size:
1193 sqft
Occupancy Date:
Aug 2023
Price, CAD
$2,599,990
Available
ROI
Want to own a unit? —
Investment Period: 5 years
Yearly Return on Investment in Year 5
32.90%
Cumulative Return on Investment in Year 5
155.98%
Property Price at the End of Year 5
$3,350,000
Deposit Schedule
$10,000 at Signing
Total up to 5% in 9999 days
$130,000
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 | $135,000 | $142,000 | $150,000 | $157,000 | $166,000 | $174,000 | $183,000 | $193,000 | $203,000 | $213,000 | $1,716,000 |
| rent income | - | - | - | - | - | - | - | - | - | - | - |
| mortgage principal reduction | $78,000 | $37,000 | $39,000 | $41,000 | $42,000 | $44,000 | $46,000 | $49,000 | $51,000 | $53,000 | $480,000 |
| deposit interest | - | - | - | - | - | - | - | - | - | - | - |
| gst hst rebate | - | - | - | - | - | - | - | - | - | - | - |
| total income return | $212,000 | $179,000 | $188,000 | $198,000 | $208,000 | $219,000 | $230,000 | $241,000 | $254,000 | $267,000 | $2,196,000 |
Expense/ Investment
| Category | Y1 | Y2 | Y3 | Y4 | Y5 | Y6 | Y7 | Y8 | Y9 | Y10 | Total |
|---|---|---|---|---|---|---|---|---|---|---|---|
| deposit | - | - | - | - | - | - | - | - | - | - | - |
| remaining balance payment | - | - | - | - | - | - | - | - | - | - | - |
| closing cost | - | - | - | - | - | - | - | - | - | - | - |
| operating expense | - | - | - | - | - | - | - | - | - | - | - |
| mortgage payment | $126,000 | $126,000 | $126,000 | $126,000 | $126,000 | $126,000 | $126,000 | $126,000 | $126,000 | $126,000 | $1,265,000 |
| total expense investment | $126,000 | $126,000 | $126,000 | $126,000 | $126,000 | $126,000 | $126,000 | $126,000 | $126,000 | $126,000 | $1,265,000 |
Other
| Category | Y1 | Y2 | Y3 | Y4 | Y5 | Y6 | Y7 | Y8 | Y9 | Y10 | Total |
|---|---|---|---|---|---|---|---|---|---|---|---|
| net gain loss | $86,000 | $53,000 | $62,000 | $72,000 | $82,000 | $92,000 | $103,000 | $115,000 | $127,000 | $140,000 | $931,000 |
| cumulative roi | $168 | $155 | $153 | $154 | $156 | $159 | $162 | $166 | $170 | $174 | $2,000 |
8 Cumberland Condo
Address: Toronto C02, Ontario
Price Range: $1,250,000 - $2,900,000
Avail. suites: 6
0—3 bd
399—1845 SqFt