Suite number:
1BDO
Project:
Address:
Toronto W08, Ontario
Developer:
Mattamy Homes Canada
Property type:
condo
Bathrooms:
1
Bedrooms:
1.5
Size:
585 sqft
Occupancy Date:
Dec 2028
Price, CAD
$625,990
Available
ROI
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Investment Period: 5 years
Yearly Return on Investment in Year 5
36.54%
Cumulative Return on Investment in Year 5
111.09%
Property Price at the End of Year 5
$806,000
Deposit Schedule
$5,000 at Signing
Total up to 5% in 30 days
$31,300
2.5% in 210 days
$15,650
2.5% in 600 days
$15,650
10% on Occupancy
$62,599
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 | $32,000 | $34,000 | $36,000 | $38,000 | $40,000 | $42,000 | $44,000 | $46,000 | $49,000 | $51,000 | $413,000 |
| rent income | - | - | - | - | $20,000 | $21,000 | $22,000 | $23,000 | $24,000 | $25,000 | $137,000 |
| mortgage principal reduction | - | - | - | - | $8,000 | $8,000 | $8,000 | $9,000 | $9,000 | $10,000 | $52,000 |
| deposit interest | -$4,445 | $4,000 | $3,000 | $3,000 | - | - | - | - | - | - | $5,000 |
| gst hst rebate | - | - | - | - | $24,000 | - | - | - | - | - | $24,000 |
| total income return | $28,000 | $38,000 | $39,000 | $41,000 | $92,000 | $71,000 | $75,000 | $78,000 | $82,000 | $86,000 | $631,000 |
Expense/ Investment
| Category | Y1 | Y2 | Y3 | Y4 | Y5 | Y6 | Y7 | Y8 | Y9 | Y10 | Total |
|---|---|---|---|---|---|---|---|---|---|---|---|
| deposit | $47,000 | $16,000 | - | $63,000 | - | - | - | - | - | - | $125,000 |
| remaining balance payment | - | - | - | - | - | - | - | - | - | - | - |
| closing cost | - | - | - | $58,000 | - | - | - | - | - | - | $58,000 |
| operating expense | - | - | - | - | $8,000 | $9,000 | $9,000 | $9,000 | $9,000 | $9,000 | $54,000 |
| mortgage payment | - | - | - | - | $31,000 | $31,000 | $31,000 | $31,000 | $31,000 | $31,000 | $188,000 |
| total expense investment | $47,000 | $16,000 | - | $121,000 | $40,000 | $40,000 | $40,000 | $40,000 | $41,000 | $41,000 | $425,000 |
Other
| Category | Y1 | Y2 | Y3 | Y4 | Y5 | Y6 | Y7 | Y8 | Y9 | Y10 | Total |
|---|---|---|---|---|---|---|---|---|---|---|---|
| net gain loss | -$18,936 | $22,000 | $39,000 | -$80,141 | $52,000 | $31,000 | $35,000 | $38,000 | $42,000 | $46,000 | $206,000 |
| cumulative roi | $69 | $107 | $168 | $82 | $111 | $125 | $138 | $150 | $163 | $176 | $1,000 |
The Clove
Address: Toronto W08, Ontario
Price Range: $485,000 - $990,000
Avail. suites: 22
0—3.5 bd
373—1091 SqFt