Suite number:

1BDJ

Project:
Address:
Toronto, Ontario
Developer:
Mattamy Homes Canada
Property type:
condo
Floor plan:
Bathrooms:
1
Bedrooms:
1.5
Size:
579 sqft
Occupancy Date:
Dec 2028
Price, CAD
$672,990
Available
ROI
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Investment Period: 5 years
Yearly Return on Investment in Year 5

22.55%

Cumulative Return on Investment in Year 5

104.24%

Property Price at the End of Year 5

$867,000

Deposit Schedule
$5,000 at Signing
Total up to 5% in 30 days
$33,650
2.5% in 210 days
$16,825
2.5% in 600 days
$16,825
10% on Occupancy
$67,299
Net Gain (Loss)
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Property Price Appreciation
Investment Details (10-Year Period)
Income/Return
CategoryY1Y2Y3Y4Y5Y6Y7Y8Y9Y10Total
property price appreciation$35,000$37,000$39,000$41,000$43,000$45,000$47,000$50,000$52,000$55,000$444,000
rent income---$17,000$21,000$22,000$23,000$24,000$25,000$26,000$157,000
mortgage principal reduction---$7,000$9,000$9,000$10,000$10,000$10,000$11,000$65,000
deposit interest-$3,393$4,000$3,000$512------$4,000
gst hst rebate---$24,000------$24,000
total income return$32,000$41,000$42,000$89,000$72,000$76,000$80,000$84,000$88,000$92,000$695,000
Expense/ Investment
CategoryY1Y2Y3Y4Y5Y6Y7Y8Y9Y10Total
deposit$50,000$17,000-$67,000------$135,000
remaining balance payment-----------
closing cost---$60,000------$60,000
operating expense---$7,000$9,000$9,000$9,000$9,000$9,000$10,000$62,000
mortgage payment---$28,000$34,000$34,000$34,000$34,000$34,000$34,000$230,000
total expense investment$50,000$17,000-$163,000$42,000$43,000$43,000$43,000$43,000$43,000$487,000
Other
CategoryY1Y2Y3Y4Y5Y6Y7Y8Y9Y10Total
net gain loss-$18,972$24,000$42,000-$73,826$30,000$33,000$37,000$41,000$45,000$49,000$208,000
cumulative roi$69$107$170$90$104$117$130$142$154$166$1,000
The Clove
Address: Toronto, Ontario
Price Range: $444,000 - $1,007,000
Avail. suites: 18
0—3.5 bd
373—1091 SqFt