Suite number:
B486 - 322
Project:
Address:
Toronto C01, 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
Want to own a unit? —
Investment Period: 5 years
Yearly Return on Investment in Year 5
22.22%
Cumulative Return on Investment in Year 5
108.01%
Property Price at the End of Year 5
$886,000
Deposit Schedule
$10,000 at Signing
Total up to 5% in -286 days
$34,400
5% in 15 days
$34,400
5% in 79 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 | - | - | $10,000 | $12,000 | $12,000 | $13,000 | $13,000 | $14,000 | $15,000 | $15,000 | $105,000 |
| mortgage principal reduction | - | - | $8,000 | $9,000 | $9,000 | $10,000 | $10,000 | $11,000 | $11,000 | $12,000 | $80,000 |
| deposit interest | $6,000 | $4,000 | $88 | - | - | - | - | - | - | - | $10,000 |
| gst hst rebate | - | - | $24,000 | - | - | - | - | - | - | - | $24,000 |
| total income return | $42,000 | $41,000 | $82,000 | $62,000 | $65,000 | $69,000 | $72,000 | $76,000 | $79,000 | $83,000 | $672,000 |
Expense/ Investment
| Category | Y1 | Y2 | Y3 | Y4 | Y5 | Y6 | Y7 | Y8 | Y9 | Y10 | Total |
|---|---|---|---|---|---|---|---|---|---|---|---|
| deposit | $69,000 | - | $34,000 | - | - | - | - | - | - | - | $103,000 |
| remaining balance payment | - | - | - | - | - | - | - | - | - | - | - |
| closing cost | - | - | $61,000 | - | - | - | - | - | - | - | $61,000 |
| operating expense | - | - | $7,000 | $7,000 | $7,000 | $8,000 | $8,000 | $8,000 | $8,000 | $8,000 | $61,000 |
| mortgage payment | - | - | $32,000 | $34,000 | $34,000 | $34,000 | $34,000 | $34,000 | $34,000 | $34,000 | $273,000 |
| total expense investment | $69,000 | - | $133,000 | $42,000 | $42,000 | $42,000 | $42,000 | $42,000 | $43,000 | $43,000 | $498,000 |
Other
| Category | Y1 | Y2 | Y3 | Y4 | Y5 | Y6 | Y7 | Y8 | Y9 | Y10 | Total |
|---|---|---|---|---|---|---|---|---|---|---|---|
| net gain loss | -$26,951 | $41,000 | -$51,624 | $21,000 | $24,000 | $27,000 | $30,000 | $33,000 | $37,000 | $41,000 | $174,000 |
| cumulative roi | $61 | $121 | $86 | $98 | $108 | $117 | $125 | $133 | $141 | $149 | $1,000 |
Reside on Richmond
Address: Toronto C01, Ontario
Price Range: $552,000 - $1,434,000
Avail. suites: 21
0—3 bd
349—1091 SqFt