Suite number:
203 - LONDON
Project:
Address:
Toronto, Ontario
Developer:
Emblem Developments
Property type:
condo
Floor plan:
Bathrooms:
2
Bedrooms:
3
Size:
954 sqft
Occupancy Date:
Mar 2028
Price, CAD
$1,229,990
Available
ROI
16,30%
Monthly Expenses
- condo fees— $658
- property taxes— $307
- property management— $172
- repairs and maintenance— $86
Total: $1,223
Want to own a unit? —
Investment Period: 5 years
Yearly Return on Investment in Year 5
25.07%
Cumulative Return on Investment in Year 5
115.84%
Property Price at the End of Year 5
$1,585,000
Deposit Schedule
$10,000 at Signing
Total up to 2.5% in 30 days
$30,750
2.5% in 90 days
$30,750
2.5% in 200 days
$30,750
2.5% in 400 days
$30,750
2.5% in 800 days
$30,750
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 | $65,000 | $67,000 | $71,000 | $74,000 | $78,000 | $82,000 | $87,000 | $91,000 | $96,000 | $101,000 | $813,000 |
rent income | - | - | - | $28,000 | $35,000 | $36,000 | $38,000 | $39,000 | $41,000 | $43,000 | $258,000 |
mortgage principal reduction | - | - | - | $13,000 | $16,000 | $17,000 | $17,000 | $18,000 | $19,000 | $20,000 | $120,000 |
deposit interest | $4,000 | $8,000 | $11,000 | $5,000 | - | - | - | - | - | - | $27,000 |
gst hst rebate | - | - | - | $24,000 | - | - | - | - | - | - | $24,000 |
total income return | $68,000 | $75,000 | $82,000 | $144,000 | $129,000 | $135,000 | $142,000 | $149,000 | $156,000 | $164,000 | $1,242,000 |
Expense/ Investment
Category | Y1 | Y2 | Y3 | Y4 | Y5 | Y6 | Y7 | Y8 | Y9 | Y10 | Total |
---|---|---|---|---|---|---|---|---|---|---|---|
deposit | $92,000 | $31,000 | $31,000 | $92,000 | - | - | - | - | - | - | $246,000 |
remaining balance payment | - | - | - | - | - | - | - | - | - | - | - |
closing cost | - | - | - | $83,000 | - | - | - | - | - | - | $83,000 |
operating expense | - | - | - | $12,000 | $15,000 | $15,000 | $16,000 | $16,000 | $16,000 | $17,000 | $107,000 |
mortgage payment | - | - | - | $51,000 | $62,000 | $62,000 | $62,000 | $62,000 | $62,000 | $62,000 | $421,000 |
total expense investment | $92,000 | $31,000 | $31,000 | $238,000 | $77,000 | $77,000 | $77,000 | $78,000 | $78,000 | $78,000 | $857,000 |
Other
Category | Y1 | Y2 | Y3 | Y4 | Y5 | Y6 | Y7 | Y8 | Y9 | Y10 | Total |
---|---|---|---|---|---|---|---|---|---|---|---|
net gain loss | -$24,118 | $44,000 | $51,000 | -$94,366 | $52,000 | $58,000 | $64,000 | $71,000 | $78,000 | $85,000 | $385,000 |
cumulative roi | $74 | $116 | $146 | $102 | $116 | $128 | $140 | $151 | $162 | $173 | $1,000 |
Allure Condos
Address: Toronto, Ontario
Price Range: $740,000 - $1,330,000
Avail. suites: 26
0—3 bd
428—954 SqFt
Proforma Calculator
80% of Original Price
Options for changing mortgage terms
The rental rate per square foot.