Suite number:
923 - E21
Project:
Address:
Toronto, Ontario
Developer:
Collecdev
Property type:
condo
Floor plan:
Bathrooms:
2
Bedrooms:
2
Size:
646 sqft
Occupancy Date:
Mar 2024
Price, CAD
$559,990
Available
ROI
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Investment Period: 5 years
Yearly Return on Investment in Year 5
31.73%
Cumulative Return on Investment in Year 5
149.62%
Property Price at the End of Year 5
$721,000
Deposit Schedule
$5 at Signing
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 | $29,000 | $31,000 | $32,000 | $34,000 | $36,000 | $38,000 | $39,000 | $42,000 | $44,000 | $46,000 | $370,000 |
| rent income | - | - | - | - | - | - | - | - | - | - | - |
| mortgage principal reduction | $15,000 | $8,000 | $8,000 | $8,000 | $9,000 | $9,000 | $10,000 | $10,000 | $11,000 | $11,000 | $99,000 |
| deposit interest | - | - | - | - | - | - | - | - | - | - | - |
| gst hst rebate | - | - | - | - | - | - | - | - | - | - | - |
| total income return | $44,000 | $38,000 | $40,000 | $42,000 | $44,000 | $47,000 | $49,000 | $52,000 | $54,000 | $57,000 | $469,000 |
Expense/ Investment
| Category | Y1 | Y2 | Y3 | Y4 | Y5 | Y6 | Y7 | Y8 | Y9 | Y10 | Total |
|---|---|---|---|---|---|---|---|---|---|---|---|
| deposit | - | - | - | - | - | - | - | - | - | - | - |
| remaining balance payment | - | - | - | - | - | - | - | - | - | - | - |
| closing cost | - | - | - | - | - | - | - | - | - | - | - |
| operating expense | - | - | - | - | - | - | - | - | - | - | - |
| mortgage payment | $28,000 | $28,000 | $28,000 | $28,000 | $28,000 | $28,000 | $28,000 | $28,000 | $28,000 | $28,000 | $280,000 |
| total expense investment | $28,000 | $28,000 | $28,000 | $28,000 | $28,000 | $28,000 | $28,000 | $28,000 | $28,000 | $28,000 | $280,000 |
Other
| Category | Y1 | Y2 | Y3 | Y4 | Y5 | Y6 | Y7 | Y8 | Y9 | Y10 | Total |
|---|---|---|---|---|---|---|---|---|---|---|---|
| net gain loss | $16,000 | $10,000 | $12,000 | $14,000 | $16,000 | $19,000 | $21,000 | $24,000 | $26,000 | $29,000 | $189,000 |
| cumulative roi | $158 | $148 | $146 | $147 | $150 | $152 | $156 | $159 | $163 | $167 | $2,000 |
Nordic Condos
Address: Toronto, Ontario
Price Range: $400,000 - $700,000
Avail. suites: 3
1—3 bd
440—810 SqFt