Suite number:
706 - B3
Project:
Address:
Toronto C01, Ontario
Developer:
Fieldgate Urban
Property type:
condo
Bathrooms:
3
Bedrooms:
1
Size:
464 sqft
Occupancy Date:
Jan 2025
Price, CAD
$649,990
Available
ROI
Want to own a unit? —
Investment Period: 5 years
Yearly Return on Investment in Year 5
16.24%
Cumulative Return on Investment in Year 5
80.85%
Property Price at the End of Year 5
$837,000
Deposit Schedule
$10,000 at Signing
Total up to 2% in 30 days
$13,000
8% on Occupancy
$51,999
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 | $34,000 | $36,000 | $37,000 | $39,000 | $41,000 | $44,000 | $46,000 | $48,000 | $51,000 | $53,000 | $429,000 |
| rent income | $9,000 | $11,000 | $12,000 | $12,000 | $13,000 | $13,000 | $14,000 | $14,000 | $15,000 | $16,000 | $130,000 |
| mortgage principal reduction | $7,000 | $9,000 | $9,000 | $10,000 | $10,000 | $10,000 | $11,000 | $11,000 | $12,000 | $12,000 | $101,000 |
| deposit interest | $56 | - | - | - | - | - | - | - | - | - | $56 |
| gst hst rebate | $24,000 | - | - | - | - | - | - | - | - | - | $24,000 |
| total income return | $74,000 | $56,000 | $58,000 | $61,000 | $64,000 | $67,000 | $71,000 | $74,000 | $78,000 | $82,000 | $684,000 |
Expense/ Investment
| Category | Y1 | Y2 | Y3 | Y4 | Y5 | Y6 | Y7 | Y8 | Y9 | Y10 | Total |
|---|---|---|---|---|---|---|---|---|---|---|---|
| deposit | $65,000 | - | - | - | - | - | - | - | - | - | $65,000 |
| remaining balance payment | $65,000 | - | - | - | - | - | - | - | - | - | $65,000 |
| closing cost | $58,000 | - | - | - | - | - | - | - | - | - | $58,000 |
| operating expense | $6,000 | $7,000 | $7,000 | $7,000 | $8,000 | $8,000 | $8,000 | $8,000 | $9,000 | $9,000 | $77,000 |
| mortgage payment | $26,000 | $32,000 | $32,000 | $32,000 | $32,000 | $32,000 | $32,000 | $32,000 | $32,000 | $32,000 | $311,000 |
| total expense investment | $220,000 | $39,000 | $39,000 | $39,000 | $39,000 | $40,000 | $40,000 | $40,000 | $40,000 | $41,000 | $576,000 |
Other
| Category | Y1 | Y2 | Y3 | Y4 | Y5 | Y6 | Y7 | Y8 | Y9 | Y10 | Total |
|---|---|---|---|---|---|---|---|---|---|---|---|
| net gain loss | -$146,186 | $17,000 | $19,000 | $22,000 | $25,000 | $28,000 | $31,000 | $34,000 | $37,000 | $41,000 | $108,000 |
| cumulative roi | $31 | $46 | $59 | $71 | $81 | $90 | $99 | $108 | $117 | $125 | $827 |
The Twelve Hundred
Address: Toronto C01, Ontario
Price Range: $497,000 - $650,000
Avail. suites: 4
0—3 bd
321—819 SqFt