Suite number:
418 (Lakeside Collection)
Project:
Address:
Toronto C08, Ontario
Developer:
Tridel
Property type:
condo
Floor plan:
Bathrooms:
2
Bedrooms:
2
Size:
1600 sqft
Occupancy Date:
Jan 2025
Price, CAD
$2,095,000
Available
ROI
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Investment Period: 5 years
Yearly Return on Investment in Year 5
18.13%
Cumulative Return on Investment in Year 5
84.58%
Property Price at the End of Year 5
$2,699,000
Deposit Schedule
$5 at Signing
Total up to 15% in 9999 days
$314,250
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 | $109,000 | $115,000 | $121,000 | $127,000 | $133,000 | $140,000 | $148,000 | $155,000 | $163,000 | $172,000 | $1,383,000 |
rent income | $43,000 | $49,000 | $51,000 | $53,000 | $55,000 | $58,000 | $60,000 | $63,000 | $65,000 | $68,000 | $564,000 |
mortgage principal reduction | $24,000 | $27,000 | $28,000 | $30,000 | $31,000 | $33,000 | $34,000 | $36,000 | $38,000 | $39,000 | $320,000 |
deposit interest | - | - | - | - | - | - | - | - | - | - | - |
gst hst rebate | $24,000 | - | - | - | - | - | - | - | - | - | $24,000 |
total income return | $199,000 | $190,000 | $200,000 | $209,000 | $220,000 | $231,000 | $242,000 | $254,000 | $266,000 | $279,000 | $2,290,000 |
Expense/ Investment
Category | Y1 | Y2 | Y3 | Y4 | Y5 | Y6 | Y7 | Y8 | Y9 | Y10 | Total |
---|---|---|---|---|---|---|---|---|---|---|---|
deposit | $314,000 | - | - | - | - | - | - | - | - | - | $314,000 |
remaining balance payment | $105,000 | - | - | - | - | - | - | - | - | - | $105,000 |
closing cost | $118,000 | - | - | - | - | - | - | - | - | - | $118,000 |
operating expense | $20,000 | $22,000 | $23,000 | $23,000 | $24,000 | $24,000 | $25,000 | $25,000 | $26,000 | $27,000 | $239,000 |
mortgage payment | $96,000 | $105,000 | $105,000 | $105,000 | $105,000 | $105,000 | $105,000 | $105,000 | $105,000 | $105,000 | $1,040,000 |
total expense investment | $653,000 | $127,000 | $128,000 | $128,000 | $129,000 | $129,000 | $130,000 | $130,000 | $131,000 | $132,000 | $1,817,000 |
Other
Category | Y1 | Y2 | Y3 | Y4 | Y5 | Y6 | Y7 | Y8 | Y9 | Y10 | Total |
---|---|---|---|---|---|---|---|---|---|---|---|
net gain loss | -$454,111 | $63,000 | $72,000 | $81,000 | $91,000 | $101,000 | $112,000 | $123,000 | $135,000 | $148,000 | $473,000 |
cumulative roi | $26 | $44 | $59 | $72 | $85 | $96 | $107 | $118 | $128 | $139 | $873 |
Aqualuna Condos
Address: Toronto C08, Ontario
Price Range: $1,095,000 - $3,850,000
Avail. suites: 12
1—3.5 bd
802—4622 SqFt