Suite number:
B486 - 322
Project:
Address:
Toronto C01, Ontario
Developer:
Originate Developments
Property type:
condo
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
22.99%
Cumulative Return on Investment in Year 5
111.15%
Property Price at the End of Year 5
$886,000
Deposit Schedule
$10,000 at Signing
Total up to 5% in 0 days
$34,400
5% in 0 days
$34,400
5% in 15 days
$34,400
5% on Occupancy
$34,400
Net Gain (Loss)
Get Expert Advice
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 | - | - | $9,000 | $12,000 | $12,000 | $13,000 | $13,000 | $14,000 | $15,000 | $15,000 | $103,000 |
| mortgage principal reduction | - | - | $7,000 | $9,000 | $10,000 | $10,000 | $11,000 | $11,000 | $12,000 | $12,000 | $82,000 |
| deposit interest | $6,000 | $4,000 | $396 | - | - | - | - | - | - | - | $10,000 |
| gst hst rebate | - | - | $24,000 | - | - | - | - | - | - | - | $24,000 |
| total income return | $42,000 | $41,000 | $81,000 | $63,000 | $66,000 | $69,000 | $72,000 | $76,000 | $80,000 | $84,000 | $673,000 |
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 | - | - | $59,000 | - | - | - | - | - | - | - | $59,000 |
| operating expense | - | - | $6,000 | $7,000 | $8,000 | $8,000 | $8,000 | $8,000 | $9,000 | $9,000 | $62,000 |
| mortgage payment | - | - | $28,000 | $33,000 | $33,000 | $33,000 | $33,000 | $33,000 | $33,000 | $33,000 | $262,000 |
| total expense investment | $69,000 | - | $128,000 | $41,000 | $41,000 | $41,000 | $41,000 | $42,000 | $42,000 | $42,000 | $487,000 |
Other
| Category | Y1 | Y2 | Y3 | Y4 | Y5 | Y6 | Y7 | Y8 | Y9 | Y10 | Total |
|---|---|---|---|---|---|---|---|---|---|---|---|
| net gain loss | -$27,262 | $41,000 | -$46,873 | $22,000 | $25,000 | $28,000 | $31,000 | $34,000 | $38,000 | $41,000 | $186,000 |
| cumulative roi | $60 | $120 | $88 | $101 | $111 | $121 | $129 | $137 | $145 | $153 | $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