Suite number:
A-458
Project:
Address:
Toronto, Ontario
Developer:
Equiton Developments
Property type:
condo
Floor plan:
Bathrooms:
1
Bedrooms:
0
Size:
458 sqft
Occupancy Date:
Oct 2027
Price, CAD
$479,900
Available
ROI
Want to own a unit? —
Investment Period: 5 years
Yearly Return on Investment in Year 5
17.74%
Cumulative Return on Investment in Year 5
88.03%
Property Price at the End of Year 5
$618,000
Deposit Schedule
$5,000 at Signing
Total up to 10% in 360 days
$47,990
2.5% in 540 days
$11,998
2.5% on Occupancy
$11,998
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 | $25,000 | $26,000 | $28,000 | $29,000 | $31,000 | $32,000 | $34,000 | $36,000 | $37,000 | $39,000 | $317,000 |
rent income | - | - | $8,000 | $8,000 | $9,000 | $9,000 | $9,000 | $10,000 | $10,000 | $11,000 | $74,000 |
mortgage principal reduction | - | - | $6,000 | $6,000 | $7,000 | $7,000 | $7,000 | $8,000 | $8,000 | $8,000 | $56,000 |
deposit interest | $284 | $3,000 | - | - | - | - | - | - | - | - | $3,000 |
gst hst rebate | - | - | $24,000 | - | - | - | - | - | - | - | $24,000 |
total income return | $25,000 | $29,000 | $66,000 | $44,000 | $46,000 | $48,000 | $50,000 | $53,000 | $56,000 | $58,000 | $474,000 |
Expense/ Investment
Category | Y1 | Y2 | Y3 | Y4 | Y5 | Y6 | Y7 | Y8 | Y9 | Y10 | Total |
---|---|---|---|---|---|---|---|---|---|---|---|
deposit | $48,000 | $24,000 | - | - | - | - | - | - | - | - | $72,000 |
remaining balance payment | - | $24,000 | - | - | - | - | - | - | - | - | $24,000 |
closing cost | - | $53,000 | - | - | - | - | - | - | - | - | $53,000 |
operating expense | - | - | $6,000 | $6,000 | $6,000 | $6,000 | $6,000 | $7,000 | $7,000 | $7,000 | $51,000 |
mortgage payment | - | - | $24,000 | $24,000 | $24,000 | $24,000 | $24,000 | $24,000 | $24,000 | $24,000 | $192,000 |
total expense investment | $48,000 | $101,000 | $30,000 | $30,000 | $30,000 | $30,000 | $30,000 | $31,000 | $31,000 | $31,000 | $392,000 |
Other
Category | Y1 | Y2 | Y3 | Y4 | Y5 | Y6 | Y7 | Y8 | Y9 | Y10 | Total |
---|---|---|---|---|---|---|---|---|---|---|---|
net gain loss | -$22,822 | -$71,684 | $36,000 | $14,000 | $16,000 | $18,000 | $20,000 | $22,000 | $25,000 | $27,000 | $82,000 |
cumulative roi | $52 | $37 | $67 | $78 | $88 | $97 | $105 | $113 | $120 | $128 | $886 |
Maxium Condos
Address: Toronto, Ontario
Price Range: $400,000 - $1,450,000
Avail. suites: 46
0—3.5 bd
337—1156 SqFt