Suite number:
222
Project:
Address:
Toronto E06, Ontario
Developer:
Diamond Kilmer Developments
Property type:
condo
Floor plan:
Bathrooms:
2
Bedrooms:
2.5
Size:
732 sqft
Occupancy Date:
Jun 2028
Price, CAD
$799,900
Available
ROI
16,03%
Monthly Expenses
- condo fees— $505
- property taxes— $200
- property management— $132
- repairs and maintenance— $66
Total: $903
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Investment Period: 5 years
Yearly Return on Investment in Year 5
24.44%
Cumulative Return on Investment in Year 5
113.43%
Property Price at the End of Year 5
$1,031,000
Deposit Schedule
$10,000 at Signing
Total up to 5% in 30 days
$39,995
0% in 78 days
$1,000
5% in 108 days
$39,995
10% on Occupancy
$79,990
Net Gain (Loss)
- Net Gain Loss
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Property Price Appreciation
- 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 | $41,000 | $44,000 | $46,000 | $48,000 | $51,000 | $54,000 | $56,000 | $59,000 | $62,000 | $66,000 | $528,000 |
| rent income | - | - | - | $15,000 | $26,000 | $27,000 | $29,000 | $30,000 | $31,000 | $32,000 | $190,000 |
| mortgage principal reduction | - | - | - | $6,000 | $10,000 | $11,000 | $11,000 | $12,000 | $12,000 | $13,000 | $74,000 |
| deposit interest | $3,000 | $4,000 | $4,000 | $2,000 | - | - | - | - | - | - | $13,000 |
| gst hst rebate | - | - | - | $24,000 | - | - | - | - | - | - | $24,000 |
| total income return | $44,000 | $48,000 | $50,000 | $95,000 | $87,000 | $92,000 | $96,000 | $101,000 | $106,000 | $111,000 | $829,000 |
Expense/ Investment
| Category | Y1 | Y2 | Y3 | Y4 | Y5 | Y6 | Y7 | Y8 | Y9 | Y10 | Total |
|---|---|---|---|---|---|---|---|---|---|---|---|
| deposit | $81,000 | - | - | $80,000 | - | - | - | - | - | - | $161,000 |
| remaining balance payment | - | - | - | - | - | - | - | - | - | - | - |
| closing cost | - | - | - | $65,000 | - | - | - | - | - | - | $65,000 |
| operating expense | - | - | - | $6,000 | $11,000 | $11,000 | $12,000 | $12,000 | $12,000 | $12,000 | $76,000 |
| mortgage payment | - | - | - | $23,000 | $40,000 | $40,000 | $40,000 | $40,000 | $40,000 | $40,000 | $264,000 |
| total expense investment | $81,000 | - | - | $175,000 | $51,000 | $51,000 | $52,000 | $52,000 | $52,000 | $52,000 | $566,000 |
Other
| Category | Y1 | Y2 | Y3 | Y4 | Y5 | Y6 | Y7 | Y8 | Y9 | Y10 | Total |
|---|---|---|---|---|---|---|---|---|---|---|---|
| net gain loss | -$36,527 | $48,000 | $50,000 | -$80,488 | $36,000 | $40,000 | $44,000 | $49,000 | $54,000 | $58,000 | $263,000 |
| cumulative roi | $55 | $114 | $176 | $99 | $113 | $127 | $140 | $152 | $165 | $178 | $1,000 |
Birchley Park
Address: Toronto E06, Ontario
Price Range: $532,000 - $989,000
Avail. suites: 24
0—3 bd
374—951 SqFt
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80% of Original Price
Options for changing mortgage terms
The rental rate per square foot.