Suite number:
B3
Project:
Address:
Toronto E08, Ontario
Developer:
Skale Developments
Property type:
condo
Bathrooms:
1
Bedrooms:
1.5
Size:
523 sqft
Occupancy Date:
Feb 2027
$604,000
Available
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Investment Period: 5 years
Yearly Return on Investment in Year 5
20.84%
Cumulative Return on Investment in Year 5
101.79%
Property Price at the End of Year 5
$778,000
Deposit Schedule
$10,000 at Signing
Total up to 2.5% in 30 days
$15,100
2.5% in 90 days
$15,100
2.5% in 365 days
$15,100
2.5% in 540 days
$15,100
2.5% in 720 days
$15,100
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 | $31,000 | $33,000 | $35,000 | $37,000 | $38,000 | $40,000 | $43,000 | $45,000 | $47,000 | $50,000 | $399,000 |
rent income | - | - | $15,000 | $19,000 | $20,000 | $21,000 | $22,000 | $23,000 | $23,000 | $24,000 | $167,000 |
mortgage principal reduction | - | - | $6,000 | $8,000 | $8,000 | $9,000 | $9,000 | $9,000 | $10,000 | $10,000 | $69,000 |
deposit interest | $1,000 | $6,000 | $532 | - | - | - | - | - | - | - | $7,000 |
gst hst rebate | - | - | $24,000 | - | - | - | - | - | - | - | $24,000 |
total income return | $32,000 | $39,000 | $81,000 | $63,000 | $66,000 | $70,000 | $73,000 | $77,000 | $80,000 | $84,000 | $666,000 |
Expense/ Investment
Category | Y1 | Y2 | Y3 | Y4 | Y5 | Y6 | Y7 | Y8 | Y9 | Y10 | Total |
---|---|---|---|---|---|---|---|---|---|---|---|
deposit | $30,000 | $45,000 | $45,000 | - | - | - | - | - | - | - | $121,000 |
remaining balance payment | - | - | - | - | - | - | - | - | - | - | - |
closing cost | - | - | $58,000 | - | - | - | - | - | - | - | $58,000 |
operating expense | - | - | $7,000 | $8,000 | $8,000 | $8,000 | $9,000 | $9,000 | $9,000 | $9,000 | $67,000 |
mortgage payment | - | - | $25,000 | $30,000 | $30,000 | $30,000 | $30,000 | $30,000 | $30,000 | $30,000 | $237,000 |
total expense investment | $30,000 | $45,000 | $135,000 | $38,000 | $38,000 | $39,000 | $39,000 | $39,000 | $39,000 | $39,000 | $482,000 |
Other
Category | Y1 | Y2 | Y3 | Y4 | Y5 | Y6 | Y7 | Y8 | Y9 | Y10 | Total |
---|---|---|---|---|---|---|---|---|---|---|---|
net gain loss | $2,000 | -$6,569 | -$53,874 | $25,000 | $28,000 | $31,000 | $34,000 | $38,000 | $41,000 | $45,000 | $184,000 |
cumulative roi | $108 | $94 | $74 | $88 | $102 | $115 | $127 | $139 | $151 | $163 | $1,000 |
Residences at Bluffers Park
Address: Toronto E08, Ontario
Price Range: $517,000 - $1,156,000
Avail. suites: 19
1—3.5 bd
430—1082 SqFt