Suite number:
C496 - 315
Project:
Address:
Toronto C01, Ontario
Developer:
Originate Developments
Property type:
condo
Bathrooms:
1
Bedrooms:
2
Size:
496 sqft
Occupancy Date:
Jan 2027
Price, CAD
$793,990
Available
ROI
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Investment Period: 5 years
Yearly Return on Investment in Year 5
23.89%
Cumulative Return on Investment in Year 5
114.04%
Property Price at the End of Year 5
$1,023,000
Deposit Schedule
$10,000 at Signing
Total up to 5% in 0 days
$39,700
5% in 0 days
$39,700
5% in 15 days
$39,700
5% on Occupancy
$39,700
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 | $41,000 | $43,000 | $46,000 | $48,000 | $51,000 | $53,000 | $56,000 | $59,000 | $62,000 | $65,000 | $524,000 |
| rent income | - | - | $12,000 | $15,000 | $16,000 | $16,000 | $17,000 | $18,000 | $19,000 | $19,000 | $132,000 |
| mortgage principal reduction | - | - | $9,000 | $11,000 | $11,000 | $12,000 | $12,000 | $13,000 | $13,000 | $14,000 | $94,000 |
| deposit interest | $7,000 | $4,000 | $457 | - | - | - | - | - | - | - | $11,000 |
| gst hst rebate | - | - | $24,000 | - | - | - | - | - | - | - | $24,000 |
| total income return | $48,000 | $48,000 | $91,000 | $74,000 | $77,000 | $81,000 | $85,000 | $89,000 | $94,000 | $98,000 | $785,000 |
Expense/ Investment
| Category | Y1 | Y2 | Y3 | Y4 | Y5 | Y6 | Y7 | Y8 | Y9 | Y10 | Total |
|---|---|---|---|---|---|---|---|---|---|---|---|
| deposit | $79,000 | - | $40,000 | - | - | - | - | - | - | - | $119,000 |
| remaining balance payment | - | - | - | - | - | - | - | - | - | - | - |
| closing cost | - | - | $64,000 | - | - | - | - | - | - | - | $64,000 |
| operating expense | - | - | $7,000 | $8,000 | $8,000 | $9,000 | $9,000 | $9,000 | $9,000 | $10,000 | $68,000 |
| mortgage payment | - | - | $32,000 | $39,000 | $39,000 | $39,000 | $39,000 | $39,000 | $39,000 | $39,000 | $303,000 |
| total expense investment | $79,000 | - | $142,000 | $47,000 | $47,000 | $47,000 | $47,000 | $48,000 | $48,000 | $48,000 | $554,000 |
Other
| Category | Y1 | Y2 | Y3 | Y4 | Y5 | Y6 | Y7 | Y8 | Y9 | Y10 | Total |
|---|---|---|---|---|---|---|---|---|---|---|---|
| net gain loss | -$31,462 | $48,000 | -$51,376 | $27,000 | $30,000 | $34,000 | $38,000 | $42,000 | $46,000 | $50,000 | $232,000 |
| cumulative roi | $60 | $120 | $89 | $103 | $114 | $124 | $134 | $143 | $152 | $160 | $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