Suite number:
801 sq. ft.
Project:
Address:
Toronto C08, Ontario
Developer:
Minto Communities
Property type:
condo
Bathrooms:
2
Bedrooms:
2.5
Size:
801 sqft
Occupancy Date:
Dec 2024
Price, CAD
$1,162,900
Available
ROI
Want to own a unit? —
Investment Period: 5 years
Yearly Return on Investment in Year 5
18.34%
Cumulative Return on Investment in Year 5
87.76%
Property Price at the End of Year 5
$1,498,000
Deposit Schedule
$10,000 at Signing
Total up to $58,150 in 10029 days
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 | $60,000 | $64,000 | $67,000 | $70,000 | $74,000 | $78,000 | $82,000 | $86,000 | $91,000 | $95,000 | $767,000 |
| rent income | $26,000 | $29,000 | $30,000 | $32,000 | $33,000 | $35,000 | $36,000 | $38,000 | $39,000 | $41,000 | $339,000 |
| mortgage principal reduction | $14,000 | $16,000 | $16,000 | $17,000 | $18,000 | $19,000 | $20,000 | $20,000 | $21,000 | $22,000 | $183,000 |
| deposit interest | - | - | - | - | - | - | - | - | - | - | - |
| gst hst rebate | $24,000 | - | - | - | - | - | - | - | - | - | $24,000 |
| total income return | $124,000 | $108,000 | $114,000 | $119,000 | $125,000 | $131,000 | $138,000 | $144,000 | $151,000 | $159,000 | $1,314,000 |
Expense/ Investment
| Category | Y1 | Y2 | Y3 | Y4 | Y5 | Y6 | Y7 | Y8 | Y9 | Y10 | Total |
|---|---|---|---|---|---|---|---|---|---|---|---|
| deposit | $58,000 | - | - | - | - | - | - | - | - | - | $58,000 |
| remaining balance payment | $174,000 | - | - | - | - | - | - | - | - | - | $174,000 |
| closing cost | $78,000 | - | - | - | - | - | - | - | - | - | $78,000 |
| operating expense | $12,000 | $13,000 | $13,000 | $14,000 | $14,000 | $15,000 | $15,000 | $16,000 | $16,000 | $17,000 | $145,000 |
| mortgage payment | $52,000 | $57,000 | $57,000 | $57,000 | $57,000 | $57,000 | $57,000 | $57,000 | $57,000 | $57,000 | $561,000 |
| total expense investment | $374,000 | $70,000 | $70,000 | $70,000 | $71,000 | $71,000 | $72,000 | $72,000 | $73,000 | $73,000 | $1,016,000 |
Other
| Category | Y1 | Y2 | Y3 | Y4 | Y5 | Y6 | Y7 | Y8 | Y9 | Y10 | Total |
|---|---|---|---|---|---|---|---|---|---|---|---|
| net gain loss | -$250,664 | $39,000 | $44,000 | $49,000 | $54,000 | $60,000 | $66,000 | $72,000 | $79,000 | $85,000 | $297,000 |
| cumulative roi | $28 | $46 | $61 | $75 | $88 | $100 | $111 | $122 | $134 | $145 | $910 |
The Saint
Address: Toronto C08, Ontario
Price Range: $1,160,000 - $1,400,000
Avail. suites: 9
0—3 bd
380—1014 SqFt