Suite number:
1005
Project:
Address:
Toronto C15, Ontario
Developer:
Originate Developments
Property type:
condo
Bathrooms:
1
Bedrooms:
1
Size:
462 sqft
Occupancy Date:
Mar 2025
Price, CAD
$781,000
Available
ROI
Want to own a unit? —
Investment Period: 5 years
Yearly Return on Investment in Year 5
16.46%
Cumulative Return on Investment in Year 5
80.25%
Property Price at the End of Year 5
$1,006,000
Deposit Schedule
$10,000 at Signing
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 | $40,000 | $43,000 | $45,000 | $47,000 | $50,000 | $52,000 | $55,000 | $58,000 | $61,000 | $64,000 | $515,000 |
| rent income | $7,000 | $11,000 | $12,000 | $12,000 | $13,000 | $13,000 | $14,000 | $14,000 | $15,000 | $16,000 | $126,000 |
| mortgage principal reduction | $7,000 | $10,000 | $11,000 | $11,000 | $12,000 | $12,000 | $13,000 | $14,000 | $14,000 | $15,000 | $119,000 |
| deposit interest | $158 | - | - | - | - | - | - | - | - | - | $158 |
| gst hst rebate | $24,000 | - | - | - | - | - | - | - | - | - | $24,000 |
| total income return | $79,000 | $64,000 | $67,000 | $71,000 | $74,000 | $78,000 | $82,000 | $86,000 | $90,000 | $95,000 | $785,000 |
Expense/ Investment
| Category | Y1 | Y2 | Y3 | Y4 | Y5 | Y6 | Y7 | Y8 | Y9 | Y10 | Total |
|---|---|---|---|---|---|---|---|---|---|---|---|
| deposit | $10,000 | - | - | - | - | - | - | - | - | - | $10,000 |
| remaining balance payment | $146,000 | - | - | - | - | - | - | - | - | - | $146,000 |
| closing cost | $63,000 | - | - | - | - | - | - | - | - | - | $63,000 |
| operating expense | $5,000 | $7,000 | $8,000 | $8,000 | $8,000 | $8,000 | $9,000 | $9,000 | $9,000 | $9,000 | $79,000 |
| mortgage payment | $25,000 | $38,000 | $38,000 | $38,000 | $38,000 | $38,000 | $38,000 | $38,000 | $38,000 | $38,000 | $367,000 |
| total expense investment | $249,000 | $45,000 | $46,000 | $46,000 | $46,000 | $46,000 | $47,000 | $47,000 | $47,000 | $47,000 | $666,000 |
Other
| Category | Y1 | Y2 | Y3 | Y4 | Y5 | Y6 | Y7 | Y8 | Y9 | Y10 | Total |
|---|---|---|---|---|---|---|---|---|---|---|---|
| net gain loss | -$170,963 | $19,000 | $22,000 | $25,000 | $28,000 | $32,000 | $35,000 | $39,000 | $43,000 | $47,000 | $119,000 |
| cumulative roi | $30 | $46 | $59 | $70 | $80 | $90 | $98 | $107 | $115 | $123 | $817 |
Six99
Address: Toronto C15, Ontario
Price Range: $635,000 - $1,998,000
Avail. suites: 22
1—3 bd
389—1198 SqFt