Suite number:
B486 - 322
Project:
Address:
Toronto, Ontario
Developer:
Originate Developments
Property type:
condo
Floor plan:
Bathrooms:
1
Bedrooms:
1
Size:
486 sqft
Occupancy Date:
Jan 2027
Price, CAD
$687,990
Available
ROI
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Investment Period: 5 years
Yearly Return on Investment in Year 5
23.77%
Cumulative Return on Investment in Year 5
115.01%
Property Price at the End of Year 5
$886,000
Deposit Schedule
$10,000 at Signing
Total up to 5% in -415 days
$34,400
5% in -50 days
$34,400
5% in 15 days
$34,400
5% on Occupancy
$34,400
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 | $36,000 | $38,000 | $40,000 | $42,000 | $44,000 | $46,000 | $48,000 | $51,000 | $54,000 | $56,000 | $454,000 |
| rent income | - | $5,000 | $12,000 | $12,000 | $13,000 | $13,000 | $14,000 | $14,000 | $15,000 | $15,000 | $112,000 |
| mortgage principal reduction | - | $3,000 | $9,000 | $9,000 | $10,000 | $10,000 | $10,000 | $11,000 | $12,000 | $12,000 | $86,000 |
| deposit interest | $4,000 | $988 | - | - | - | - | - | - | - | - | $5,000 |
| gst hst rebate | - | $24,000 | - | - | - | - | - | - | - | - | $24,000 |
| total income return | $40,000 | $71,000 | $60,000 | $63,000 | $66,000 | $69,000 | $73,000 | $76,000 | $80,000 | $84,000 | $681,000 |
Expense/ Investment
| Category | Y1 | Y2 | Y3 | Y4 | Y5 | Y6 | Y7 | Y8 | Y9 | Y10 | Total |
|---|---|---|---|---|---|---|---|---|---|---|---|
| deposit | $34,000 | $34,000 | - | - | - | - | - | - | - | - | $69,000 |
| remaining balance payment | - | - | - | - | - | - | - | - | - | - | - |
| closing cost | - | $61,000 | - | - | - | - | - | - | - | - | $61,000 |
| operating expense | - | $3,000 | $7,000 | $7,000 | $8,000 | $8,000 | $8,000 | $8,000 | $8,000 | $8,000 | $65,000 |
| mortgage payment | - | $14,000 | $34,000 | $34,000 | $34,000 | $34,000 | $34,000 | $34,000 | $34,000 | $34,000 | $290,000 |
| total expense investment | $34,000 | $113,000 | $42,000 | $42,000 | $42,000 | $42,000 | $42,000 | $42,000 | $43,000 | $43,000 | $485,000 |
Other
| Category | Y1 | Y2 | Y3 | Y4 | Y5 | Y6 | Y7 | Y8 | Y9 | Y10 | Total |
|---|---|---|---|---|---|---|---|---|---|---|---|
| net gain loss | $5,000 | -$41,877 | $18,000 | $21,000 | $24,000 | $27,000 | $30,000 | $34,000 | $37,000 | $41,000 | $196,000 |
| cumulative roi | $115 | $78 | $93 | $105 | $115 | $124 | $132 | $140 | $148 | $156 | $1,000 |
Reside on Richmond
Address: Toronto, Ontario
Price Range: $552,000 - $1,434,000
Avail. suites: 21
0—3 bd
349—1091 SqFt