Suite number:
The Coltrane
Project:
Address:
Toronto, Ontario
Developer:
The Sher Corporation
Property type:
condo
Floor plan:
Bathrooms:
2
Bedrooms:
3
Size:
1453 sqft
Occupancy Date:
Mar 2025
Price, CAD
$2,069,990
Available
ROI
Want to own a unit? —
Investment Period: 5 years
Yearly Return on Investment in Year 5
24.47%
Cumulative Return on Investment in Year 5
114.68%
Property Price at the End of Year 5
$2,667,000
Deposit Schedule
$5,000 at Signing
Total up to 5% in -287 days
$103,500
5% in -196 days
$103,500
5% on Occupancy
$103,500
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 | $108,000 | $113,000 | $119,000 | $125,000 | $132,000 | $139,000 | $146,000 | $153,000 | $161,000 | $170,000 | $1,367,000 |
rent income | $42,000 | $53,000 | $55,000 | $57,000 | $60,000 | $62,000 | $65,000 | $68,000 | $71,000 | $74,000 | $605,000 |
mortgage principal reduction | $21,000 | $27,000 | $28,000 | $29,000 | $31,000 | $32,000 | $34,000 | $35,000 | $37,000 | $39,000 | $313,000 |
deposit interest | $5,000 | - | - | - | - | - | - | - | - | - | $5,000 |
gst hst rebate | $24,000 | - | - | - | - | - | - | - | - | - | $24,000 |
total income return | $200,000 | $192,000 | $202,000 | $212,000 | $222,000 | $233,000 | $244,000 | $256,000 | $269,000 | $282,000 | $2,313,000 |
Expense/ Investment
Category | Y1 | Y2 | Y3 | Y4 | Y5 | Y6 | Y7 | Y8 | Y9 | Y10 | Total |
---|---|---|---|---|---|---|---|---|---|---|---|
deposit | $103,000 | - | - | - | - | - | - | - | - | - | $103,000 |
remaining balance payment | $103,000 | - | - | - | - | - | - | - | - | - | $103,000 |
closing cost | $117,000 | - | - | - | - | - | - | - | - | - | $117,000 |
operating expense | $19,000 | $24,000 | $24,000 | $25,000 | $25,000 | $26,000 | $26,000 | $27,000 | $28,000 | $28,000 | $252,000 |
mortgage payment | $86,000 | $104,000 | $104,000 | $104,000 | $104,000 | $104,000 | $104,000 | $104,000 | $104,000 | $104,000 | $1,019,000 |
total expense investment | $430,000 | $127,000 | $128,000 | $128,000 | $129,000 | $130,000 | $130,000 | $131,000 | $131,000 | $132,000 | $1,596,000 |
Other
Category | Y1 | Y2 | Y3 | Y4 | Y5 | Y6 | Y7 | Y8 | Y9 | Y10 | Total |
---|---|---|---|---|---|---|---|---|---|---|---|
net gain loss | -$229,546 | $65,000 | $74,000 | $83,000 | $93,000 | $104,000 | $114,000 | $126,000 | $138,000 | $150,000 | $718,000 |
cumulative roi | $42 | $66 | $85 | $101 | $115 | $127 | $140 | $151 | $163 | $174 | $1,000 |
UOVO Boutique Residences
Address: Toronto, Ontario
Price Range: $1,000,000 - $4,000,000
Avail. suites: 19
1.5—3.5 bd
733—1996 SqFt