Suite number:
Allegro
Project:
Address:
Toronto C09, Ontario
Developer:
Menkes Developments Ltd.
Property type:
condo
Bathrooms:
2
Bedrooms:
2
Size:
905 sqft
Occupancy Date:
Mar 2025
Price, CAD
$1,522,990
Available
ROI
Want to own a unit? —
Investment Period: 5 years
Yearly Return on Investment in Year 5
17.41%
Cumulative Return on Investment in Year 5
81.89%
Property Price at the End of Year 5
$1,962,000
Deposit Schedule
$10,000 at Signing
Total up to 5% in 30 days
$76,150
10% on Occupancy
$152,299
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 | $79,000 | $83,000 | $88,000 | $92,000 | $97,000 | $102,000 | $107,000 | $113,000 | $119,000 | $125,000 | $1,005,000 |
| rent income | $20,000 | $27,000 | $28,000 | $30,000 | $31,000 | $32,000 | $34,000 | $35,000 | $37,000 | $38,000 | $313,000 |
| mortgage principal reduction | $15,000 | $20,000 | $21,000 | $22,000 | $23,000 | $24,000 | $25,000 | $27,000 | $28,000 | $29,000 | $235,000 |
| deposit interest | $612 | - | - | - | - | - | - | - | - | - | $612 |
| gst hst rebate | $24,000 | - | - | - | - | - | - | - | - | - | $24,000 |
| total income return | $138,000 | $131,000 | $137,000 | $144,000 | $151,000 | $159,000 | $167,000 | $175,000 | $183,000 | $192,000 | $1,577,000 |
Expense/ Investment
| Category | Y1 | Y2 | Y3 | Y4 | Y5 | Y6 | Y7 | Y8 | Y9 | Y10 | Total |
|---|---|---|---|---|---|---|---|---|---|---|---|
| deposit | $228,000 | - | - | - | - | - | - | - | - | - | $228,000 |
| remaining balance payment | $76,000 | - | - | - | - | - | - | - | - | - | $76,000 |
| closing cost | $93,000 | - | - | - | - | - | - | - | - | - | $93,000 |
| operating expense | $12,000 | $17,000 | $17,000 | $18,000 | $19,000 | $19,000 | $20,000 | $20,000 | $21,000 | $22,000 | $186,000 |
| mortgage payment | $56,000 | $74,000 | $74,000 | $74,000 | $74,000 | $74,000 | $74,000 | $74,000 | $74,000 | $74,000 | $722,000 |
| total expense investment | $465,000 | $91,000 | $92,000 | $92,000 | $93,000 | $93,000 | $94,000 | $94,000 | $95,000 | $96,000 | $1,305,000 |
Other
| Category | Y1 | Y2 | Y3 | Y4 | Y5 | Y6 | Y7 | Y8 | Y9 | Y10 | Total |
|---|---|---|---|---|---|---|---|---|---|---|---|
| net gain loss | -$327,361 | $40,000 | $46,000 | $52,000 | $59,000 | $65,000 | $73,000 | $80,000 | $88,000 | $97,000 | $272,000 |
| cumulative roi | $27 | $44 | $58 | $71 | $82 | $92 | $102 | $111 | $120 | $128 | $834 |
Adagio Condos
Address: Toronto C09, Ontario
Price Range: $688,000 - $1,860,000
Avail. suites: 15
0—3 bd
372—993 SqFt