Suite number:
Scoll-1
Project:
Address:
Toronto C02, Ontario
Developer:
Great Gulf
Property type:
condo
Floor plan:
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
31.78%
Cumulative Return on Investment in Year 5
150.70%
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 | $77,000 | $36,000 | $38,000 | $39,000 | $41,000 | $43,000 | $45,000 | $48,000 | $50,000 | $52,000 | $470,000 |
| deposit interest | - | - | - | - | - | - | - | - | - | - | - |
| gst hst rebate | - | - | - | - | - | - | - | - | - | - | - |
| total income return | $212,000 | $178,000 | $187,000 | $197,000 | $207,000 | $218,000 | $229,000 | $240,000 | $253,000 | $266,000 | $2,186,000 |
Expense/ Investment
| Category | Y1 | Y2 | Y3 | Y4 | Y5 | Y6 | Y7 | Y8 | Y9 | Y10 | Total |
|---|---|---|---|---|---|---|---|---|---|---|---|
| deposit | - | - | - | - | - | - | - | - | - | - | - |
| remaining balance payment | - | - | - | - | - | - | - | - | - | - | - |
| closing cost | - | - | - | - | - | - | - | - | - | - | - |
| operating expense | - | - | - | - | - | - | - | - | - | - | - |
| mortgage payment | $130,000 | $130,000 | $130,000 | $130,000 | $130,000 | $130,000 | $130,000 | $130,000 | $130,000 | $130,000 | $1,302,000 |
| total expense investment | $130,000 | $130,000 | $130,000 | $130,000 | $130,000 | $130,000 | $130,000 | $130,000 | $130,000 | $130,000 | $1,302,000 |
Other
| Category | Y1 | Y2 | Y3 | Y4 | Y5 | Y6 | Y7 | Y8 | Y9 | Y10 | Total |
|---|---|---|---|---|---|---|---|---|---|---|---|
| net gain loss | $82,000 | $48,000 | $57,000 | $67,000 | $77,000 | $87,000 | $98,000 | $110,000 | $123,000 | $136,000 | $884,000 |
| cumulative roi | $163 | $150 | $148 | $149 | $151 | $153 | $157 | $160 | $164 | $168 | $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