Suite number:
3001 - 0I
Project:
Address:
Toronto C08, Ontario
Developer:
Graywood Developments
Property type:
condo
Bathrooms:
1
Bedrooms:
0
Size:
346 sqft
Occupancy Date:
May 2025
Price, CAD
$575,900
Available
ROI
Want to own a unit? —
Investment Period: 5 years
Yearly Return on Investment in Year 5
15.81%
Cumulative Return on Investment in Year 5
78.99%
Property Price at the End of Year 5
$742,000
Deposit Schedule
$5,000 at Signing
Total up to 2.5% in 30 days
$14,398
2.5% in 90 days
$14,398
10% on Occupancy
$57,590
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 | $30,000 | $31,000 | $33,000 | $35,000 | $37,000 | $39,000 | $41,000 | $43,000 | $45,000 | $47,000 | $380,000 |
| rent income | $3,000 | $6,000 | $6,000 | $7,000 | $7,000 | $7,000 | $8,000 | $8,000 | $8,000 | $9,000 | $69,000 |
| mortgage principal reduction | $4,000 | $8,000 | $8,000 | $8,000 | $9,000 | $9,000 | $10,000 | $10,000 | $10,000 | $11,000 | $86,000 |
| deposit interest | $433 | - | - | - | - | - | - | - | - | - | $433 |
| gst hst rebate | $24,000 | - | - | - | - | - | - | - | - | - | $24,000 |
| total income return | $61,000 | $45,000 | $48,000 | $50,000 | $52,000 | $55,000 | $58,000 | $61,000 | $64,000 | $67,000 | $560,000 |
Expense/ Investment
| Category | Y1 | Y2 | Y3 | Y4 | Y5 | Y6 | Y7 | Y8 | Y9 | Y10 | Total |
|---|---|---|---|---|---|---|---|---|---|---|---|
| deposit | $86,000 | - | - | - | - | - | - | - | - | - | $86,000 |
| remaining balance payment | $29,000 | - | - | - | - | - | - | - | - | - | $29,000 |
| closing cost | $55,000 | - | - | - | - | - | - | - | - | - | $55,000 |
| operating expense | $2,000 | $5,000 | $5,000 | $5,000 | $5,000 | $6,000 | $6,000 | $6,000 | $6,000 | $6,000 | $52,000 |
| mortgage payment | $14,000 | $28,000 | $28,000 | $28,000 | $28,000 | $28,000 | $28,000 | $28,000 | $28,000 | $28,000 | $266,000 |
| total expense investment | $187,000 | $33,000 | $33,000 | $33,000 | $33,000 | $34,000 | $34,000 | $34,000 | $34,000 | $34,000 | $489,000 |
Other
| Category | Y1 | Y2 | Y3 | Y4 | Y5 | Y6 | Y7 | Y8 | Y9 | Y10 | Total |
|---|---|---|---|---|---|---|---|---|---|---|---|
| net gain loss | -$125,577 | $12,000 | $14,000 | $17,000 | $19,000 | $21,000 | $24,000 | $27,000 | $30,000 | $33,000 | $71,000 |
| cumulative roi | $32 | $47 | $59 | $70 | $79 | $88 | $96 | $103 | $111 | $118 | $801 |
The Goode Condos
Address: Toronto C08, Ontario
Price Range: $478,000 - $1,780,000
Avail. suites: 22
0—15 bd
263—1179 SqFt