Suite number:
Residence 05 Tower Collection 586 Sqft
Address:
Toronto C08, Ontario
Developer:
Pinnacle International
Property type:
condo
Bathrooms:
1
Bedrooms:
1
Size:
586 sqft
Occupancy Date:
Dec 2022
$932,900
Available
Want to own a unit? —
Investment Period: 5 years
Yearly Return on Investment in Year 5
33.08%
Cumulative Return on Investment in Year 5
160.04%
Property Price at the End of Year 5
$1,202,000
Deposit Schedule
$5,000 at Signing
Net Gain (Loss)
Get Expert Advice
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 | $48,000 | $51,000 | $54,000 | $56,000 | $59,000 | $62,000 | $66,000 | $69,000 | $73,000 | $77,000 | $616,000 |
rent income | - | - | - | - | - | - | - | - | - | - | - |
mortgage principal reduction | $36,000 | $14,000 | $14,000 | $15,000 | $16,000 | $16,000 | $17,000 | $18,000 | $19,000 | $20,000 | $184,000 |
deposit interest | - | - | - | - | - | - | - | - | - | - | - |
gst hst rebate | - | - | - | - | - | - | - | - | - | - | - |
total income return | $84,000 | $65,000 | $68,000 | $71,000 | $75,000 | $79,000 | $83,000 | $87,000 | $91,000 | $96,000 | $800,000 |
Expense/ Investment
Category | Y1 | Y2 | Y3 | Y4 | Y5 | Y6 | Y7 | Y8 | Y9 | Y10 | Total |
---|---|---|---|---|---|---|---|---|---|---|---|
deposit | - | - | - | - | - | - | - | - | - | - | - |
remaining balance payment | - | - | - | - | - | - | - | - | - | - | - |
closing cost | - | - | - | - | - | - | - | - | - | - | - |
operating expense | - | - | - | - | - | - | - | - | - | - | - |
mortgage payment | $45,000 | $45,000 | $45,000 | $45,000 | $45,000 | $45,000 | $45,000 | $45,000 | $45,000 | $45,000 | $454,000 |
total expense investment | $45,000 | $45,000 | $45,000 | $45,000 | $45,000 | $45,000 | $45,000 | $45,000 | $45,000 | $45,000 | $454,000 |
Other
Category | Y1 | Y2 | Y3 | Y4 | Y5 | Y6 | Y7 | Y8 | Y9 | Y10 | Total |
---|---|---|---|---|---|---|---|---|---|---|---|
net gain loss | $39,000 | $19,000 | $23,000 | $26,000 | $30,000 | $33,000 | $37,000 | $42,000 | $46,000 | $51,000 | $346,000 |
cumulative roi | $185 | $164 | $159 | $159 | $160 | $162 | $165 | $169 | $172 | $176 | $2,000 |
The Prestige Condos at Pinnacle One Yonge
Address: Toronto C08, Ontario
Price Range: $921,000 - $3,185,000
Avail. suites: 10
1—3.5 bd
508—1873 SqFt