Suite number:
603
Project:
Address:
Toronto C10, Ontario
Developer:
Gairloch
Property type:
condo
Bathrooms:
2.5
Bedrooms:
2
Size:
1346 sqft
Occupancy Date:
Mar 2024
Price, CAD
$2,420,000
Available
ROI
Want to own a unit? —
Investment Period: 5 years
Yearly Return on Investment in Year 5
35.20%
Cumulative Return on Investment in Year 5
164.13%
Property Price at the End of Year 5
$3,118,000
Deposit Schedule
$10,000 at Signing
Total up to 20% in 665 days
$484,000
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 | $125,000 | $132,000 | $139,000 | $146,000 | $154,000 | $162,000 | $171,000 | $179,000 | $189,000 | $199,000 | $1,597,000 |
| rent income | - | - | - | - | - | - | - | - | - | - | - |
| mortgage principal reduction | $58,000 | $36,000 | $38,000 | $39,000 | $41,000 | $43,000 | $44,000 | $46,000 | $48,000 | $50,000 | $444,000 |
| deposit interest | - | - | - | - | - | - | - | - | - | - | - |
| gst hst rebate | - | - | - | - | - | - | - | - | - | - | - |
| total income return | $183,000 | $169,000 | $177,000 | $186,000 | $195,000 | $205,000 | $215,000 | $226,000 | $237,000 | $249,000 | $2,041,000 |
Expense/ Investment
| Category | Y1 | Y2 | Y3 | Y4 | Y5 | Y6 | Y7 | Y8 | Y9 | Y10 | Total |
|---|---|---|---|---|---|---|---|---|---|---|---|
| deposit | - | - | - | - | - | - | - | - | - | - | - |
| remaining balance payment | - | - | - | - | - | - | - | - | - | - | - |
| closing cost | - | - | - | - | - | - | - | - | - | - | - |
| operating expense | - | - | - | - | - | - | - | - | - | - | - |
| mortgage payment | $111,000 | $111,000 | $111,000 | $111,000 | $111,000 | $111,000 | $111,000 | $111,000 | $111,000 | $111,000 | $1,109,000 |
| total expense investment | $111,000 | $111,000 | $111,000 | $111,000 | $111,000 | $111,000 | $111,000 | $111,000 | $111,000 | $111,000 | $1,109,000 |
Other
| Category | Y1 | Y2 | Y3 | Y4 | Y5 | Y6 | Y7 | Y8 | Y9 | Y10 | Total |
|---|---|---|---|---|---|---|---|---|---|---|---|
| net gain loss | $72,000 | $58,000 | $66,000 | $75,000 | $84,000 | $94,000 | $104,000 | $115,000 | $126,000 | $138,000 | $932,000 |
| cumulative roi | $165 | $159 | $159 | $161 | $164 | $168 | $171 | $175 | $180 | $184 | $2,000 |
1414 Bayview
Address: Toronto C10, Ontario
Price Range: $1,299,000 - $4,980,000
Avail. suites: 17
1—3 bd
507—2125 SqFt