Suite number:
SUITE 15 Level 2
Project:
Address:
Toronto C07, Ontario
Developer:
Addington Developments
Property type:
condo
Bathrooms:
1
Bedrooms:
0
Size:
375 sqft
Occupancy Date:
Jan 2027
$557,900
Available
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Investment Period: 5 years
Yearly Return on Investment in Year 5
18.61%
Cumulative Return on Investment in Year 5
90.91%
Property Price at the End of Year 5
$719,000
Deposit Schedule
$10,000 at Signing
Total up to 5% in 30 days
$27,895
5% in 120 days
$27,895
10% on Occupancy
$55,790
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 | $29,000 | $31,000 | $32,000 | $34,000 | $36,000 | $37,000 | $39,000 | $41,000 | $44,000 | $46,000 | $368,000 |
rent income | - | - | $6,000 | $7,000 | $7,000 | $7,000 | $8,000 | $8,000 | $8,000 | $9,000 | $61,000 |
mortgage principal reduction | - | - | $7,000 | $8,000 | $8,000 | $8,000 | $9,000 | $9,000 | $9,000 | $10,000 | $67,000 |
deposit interest | $2,000 | $3,000 | $230 | - | - | - | - | - | - | - | $5,000 |
gst hst rebate | - | - | $24,000 | - | - | - | - | - | - | - | $24,000 |
total income return | $31,000 | $33,000 | $69,000 | $48,000 | $51,000 | $53,000 | $56,000 | $58,000 | $61,000 | $64,000 | $525,000 |
Expense/ Investment
Category | Y1 | Y2 | Y3 | Y4 | Y5 | Y6 | Y7 | Y8 | Y9 | Y10 | Total |
---|---|---|---|---|---|---|---|---|---|---|---|
deposit | $56,000 | - | $56,000 | - | - | - | - | - | - | - | $112,000 |
remaining balance payment | - | - | - | - | - | - | - | - | - | - | - |
closing cost | - | - | $54,000 | - | - | - | - | - | - | - | $54,000 |
operating expense | - | - | $5,000 | $5,000 | $5,000 | $6,000 | $6,000 | $6,000 | $6,000 | $6,000 | $45,000 |
mortgage payment | - | - | $25,000 | $27,000 | $27,000 | $27,000 | $27,000 | $27,000 | $27,000 | $27,000 | $215,000 |
total expense investment | $56,000 | - | $140,000 | $32,000 | $33,000 | $33,000 | $33,000 | $33,000 | $33,000 | $33,000 | $425,000 |
Other
Category | Y1 | Y2 | Y3 | Y4 | Y5 | Y6 | Y7 | Y8 | Y9 | Y10 | Total |
---|---|---|---|---|---|---|---|---|---|---|---|
net gain loss | -$24,923 | $33,000 | -$70,628 | $16,000 | $18,000 | $20,000 | $23,000 | $25,000 | $28,000 | $31,000 | $99,000 |
cumulative roi | $55 | $115 | $70 | $81 | $91 | $100 | $108 | $115 | $123 | $130 | $988 |
Addington Park Condos
Address: Toronto C07, Ontario
Price Range: $539,000 - $1,330,000
Avail. suites: 52
0—2.5 bd
365—895 SqFt