Suite number:
A349 - 718
Project:
Address:
Toronto C01, Ontario
Developer:
Originate Developments
Property type:
condo
Floor plan:
Bathrooms:
1
Bedrooms:
0
Size:
349 sqft
Occupancy Date:
Jan 2027
Price, CAD
$551,990
Available
ROI
Want to own a unit? —
Investment Period: 5 years
Yearly Return on Investment in Year 5
20.74%
Cumulative Return on Investment in Year 5
103.12%
Property Price at the End of Year 5
$711,000
Deposit Schedule
$10,000 at Signing
Total up to 5% in -286 days
$27,600
5% in 15 days
$27,600
5% in 79 days
$27,600
5% on Occupancy
$27,600
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 | $30,000 | $32,000 | $33,000 | $35,000 | $37,000 | $39,000 | $41,000 | $43,000 | $45,000 | $364,000 |
| rent income | - | - | $6,000 | $6,000 | $7,000 | $7,000 | $7,000 | $8,000 | $8,000 | $8,000 | $56,000 |
| mortgage principal reduction | - | - | $6,000 | $7,000 | $7,000 | $8,000 | $8,000 | $9,000 | $9,000 | $9,000 | $64,000 |
| deposit interest | $5,000 | $3,000 | $71 | - | - | - | - | - | - | - | $8,000 |
| gst hst rebate | - | - | $24,000 | - | - | - | - | - | - | - | $24,000 |
| total income return | $34,000 | $33,000 | $68,000 | $47,000 | $49,000 | $52,000 | $54,000 | $57,000 | $60,000 | $63,000 | $516,000 |
Expense/ Investment
| Category | Y1 | Y2 | Y3 | Y4 | Y5 | Y6 | Y7 | Y8 | Y9 | Y10 | Total |
|---|---|---|---|---|---|---|---|---|---|---|---|
| deposit | $55,000 | - | $28,000 | - | - | - | - | - | - | - | $83,000 |
| remaining balance payment | - | - | - | - | - | - | - | - | - | - | - |
| closing cost | - | - | $56,000 | - | - | - | - | - | - | - | $56,000 |
| operating expense | - | - | $5,000 | $5,000 | $5,000 | $5,000 | $6,000 | $6,000 | $6,000 | $6,000 | $44,000 |
| mortgage payment | - | - | $25,000 | $28,000 | $28,000 | $28,000 | $28,000 | $28,000 | $28,000 | $28,000 | $219,000 |
| total expense investment | $55,000 | - | $113,000 | $33,000 | $33,000 | $33,000 | $33,000 | $33,000 | $33,000 | $34,000 | $401,000 |
Other
| Category | Y1 | Y2 | Y3 | Y4 | Y5 | Y6 | Y7 | Y8 | Y9 | Y10 | Total |
|---|---|---|---|---|---|---|---|---|---|---|---|
| net gain loss | -$21,623 | $33,000 | -$45,472 | $14,000 | $16,000 | $19,000 | $21,000 | $24,000 | $26,000 | $29,000 | $116,000 |
| cumulative roi | $61 | $121 | $84 | $94 | $103 | $111 | $118 | $125 | $131 | $138 | $1,000 |
Reside on Richmond
Address: Toronto C01, Ontario
Price Range: $552,000 - $1,434,000
Avail. suites: 21
0—3 bd
349—1091 SqFt