Suite number:
The Evans (Penthouse and Lower Penthouse Suites)
Project:
Address:
Toronto C03, Ontario
Developer:
The Sher Corporation
Property type:
condo
Bathrooms:
2
Bedrooms:
3
Size:
1427 sqft
Occupancy Date:
Aug 2024
Price, CAD
$2,319,990
Available
ROI
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Investment Period: 5 years
Yearly Return on Investment in Year 5
32.63%
Cumulative Return on Investment in Year 5
149.81%
Property Price at the End of Year 5
$2,989,000
Deposit Schedule
$5,000 at Signing
Total up to 5% in 0 days
$116,000
5% in 0 days
$116,000
5% on Occupancy
$116,000
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 | $120,000 | $127,000 | $133,000 | $140,000 | $148,000 | $155,000 | $164,000 | $172,000 | $181,000 | $190,000 | $1,531,000 |
| rent income | - | - | - | - | - | - | - | - | - | - | - |
| mortgage principal reduction | $40,000 | $32,000 | $33,000 | $35,000 | $36,000 | $38,000 | $40,000 | $42,000 | $44,000 | $46,000 | $385,000 |
| deposit interest | - | - | - | - | - | - | - | - | - | - | - |
| gst hst rebate | - | - | - | - | - | - | - | - | - | - | - |
| total income return | $161,000 | $159,000 | $167,000 | $175,000 | $184,000 | $193,000 | $203,000 | $214,000 | $224,000 | $236,000 | $1,916,000 |
Expense/ Investment
| Category | Y1 | Y2 | Y3 | Y4 | Y5 | Y6 | Y7 | Y8 | Y9 | Y10 | Total |
|---|---|---|---|---|---|---|---|---|---|---|---|
| deposit | - | - | - | - | - | - | - | - | - | - | - |
| remaining balance payment | - | - | - | - | - | - | - | - | - | - | - |
| closing cost | - | - | - | - | - | - | - | - | - | - | - |
| operating expense | - | - | - | - | - | - | - | - | - | - | - |
| mortgage payment | $113,000 | $113,000 | $113,000 | $113,000 | $113,000 | $113,000 | $113,000 | $113,000 | $113,000 | $113,000 | $1,128,000 |
| total expense investment | $113,000 | $113,000 | $113,000 | $113,000 | $113,000 | $113,000 | $113,000 | $113,000 | $113,000 | $113,000 | $1,128,000 |
Other
| Category | Y1 | Y2 | Y3 | Y4 | Y5 | Y6 | Y7 | Y8 | Y9 | Y10 | Total |
|---|---|---|---|---|---|---|---|---|---|---|---|
| net gain loss | $48,000 | $46,000 | $54,000 | $62,000 | $71,000 | $81,000 | $90,000 | $101,000 | $112,000 | $123,000 | $788,000 |
| cumulative roi | $142 | $141 | $144 | $146 | $150 | $153 | $157 | $161 | $165 | $170 | $2,000 |
UOVO Boutique Residences
Address: Toronto C03, Ontario
Price Range: $1,000,000 - $4,000,000
Avail. suites: 19
1.5—3.5 bd
733—1996 SqFt