Suite number:
326 - 3B+D
Project:
Address:
Toronto C08, Ontario
Developer:
Graywood Developments
Property type:
condo
Bathrooms:
2
Bedrooms:
3.5
Size:
1179 sqft
Occupancy Date:
May 2025
Price, CAD
$1,341,900
Available
ROI
Want to own a unit? —
Investment Period: 5 years
Yearly Return on Investment in Year 5
20.30%
Cumulative Return on Investment in Year 5
95.28%
Property Price at the End of Year 5
$1,729,000
Deposit Schedule
$5,000 at Signing
Total up to 2.5% in 30 days
$33,548
2.5% in 90 days
$33,548
10% on Occupancy
$134,190
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 | $70,000 | $73,000 | $77,000 | $81,000 | $85,000 | $90,000 | $95,000 | $99,000 | $105,000 | $110,000 | $886,000 |
| rent income | $21,000 | $42,000 | $44,000 | $46,000 | $48,000 | $50,000 | $52,000 | $54,000 | $57,000 | $59,000 | $474,000 |
| mortgage principal reduction | $9,000 | $18,000 | $19,000 | $19,000 | $20,000 | $21,000 | $22,000 | $23,000 | $24,000 | $25,000 | $201,000 |
| deposit interest | $982 | - | - | - | - | - | - | - | - | - | $982 |
| gst hst rebate | $24,000 | - | - | - | - | - | - | - | - | - | $24,000 |
| total income return | $124,000 | $133,000 | $140,000 | $147,000 | $154,000 | $161,000 | $169,000 | $177,000 | $186,000 | $195,000 | $1,585,000 |
Expense/ Investment
| Category | Y1 | Y2 | Y3 | Y4 | Y5 | Y6 | Y7 | Y8 | Y9 | Y10 | Total |
|---|---|---|---|---|---|---|---|---|---|---|---|
| deposit | $201,000 | - | - | - | - | - | - | - | - | - | $201,000 |
| remaining balance payment | $67,000 | - | - | - | - | - | - | - | - | - | $67,000 |
| closing cost | $86,000 | - | - | - | - | - | - | - | - | - | $86,000 |
| operating expense | $8,000 | $17,000 | $17,000 | $18,000 | $18,000 | $19,000 | $20,000 | $20,000 | $21,000 | $22,000 | $180,000 |
| mortgage payment | $33,000 | $65,000 | $65,000 | $65,000 | $65,000 | $65,000 | $65,000 | $65,000 | $65,000 | $65,000 | $620,000 |
| total expense investment | $395,000 | $82,000 | $83,000 | $83,000 | $84,000 | $84,000 | $85,000 | $86,000 | $86,000 | $87,000 | $1,154,000 |
Other
| Category | Y1 | Y2 | Y3 | Y4 | Y5 | Y6 | Y7 | Y8 | Y9 | Y10 | Total |
|---|---|---|---|---|---|---|---|---|---|---|---|
| net gain loss | -$271,065 | $51,000 | $57,000 | $63,000 | $70,000 | $77,000 | $84,000 | $92,000 | $100,000 | $108,000 | $431,000 |
| cumulative roi | $28 | $47 | $65 | $81 | $95 | $109 | $123 | $137 | $151 | $164 | $1,000 |
The Goode Condos
Address: Toronto C08, Ontario
Price Range: $478,000 - $1,780,000
Avail. suites: 22
0—15 bd
263—1179 SqFt