Suite number:
1BDF
Project:
Address:
Toronto W08, Ontario
Developer:
Mattamy Homes Canada
Property type:
condo
Bathrooms:
1
Bedrooms:
1.5
Size:
568 sqft
Occupancy Date:
Dec 2028
Price, CAD
$610,990
Available
ROI
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Investment Period: 5 years
Yearly Return on Investment in Year 5
36.67%
Cumulative Return on Investment in Year 5
110.89%
Property Price at the End of Year 5
$787,000
Deposit Schedule
$5,000 at Signing
Total up to 5% in 30 days
$30,550
2.5% in 210 days
$15,275
2.5% in 600 days
$15,275
10% on Occupancy
$61,099
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 | $32,000 | $33,000 | $35,000 | $37,000 | $39,000 | $41,000 | $43,000 | $45,000 | $48,000 | $50,000 | $403,000 |
| rent income | - | - | - | - | $20,000 | $21,000 | $22,000 | $23,000 | $23,000 | $24,000 | $133,000 |
| mortgage principal reduction | - | - | - | - | $8,000 | $8,000 | $8,000 | $9,000 | $9,000 | $10,000 | $51,000 |
| deposit interest | -$4,339 | $4,000 | $3,000 | $3,000 | - | - | - | - | - | - | $5,000 |
| gst hst rebate | - | - | - | - | $24,000 | - | - | - | - | - | $24,000 |
| total income return | $27,000 | $37,000 | $38,000 | $40,000 | $90,000 | $70,000 | $73,000 | $76,000 | $80,000 | $84,000 | $616,000 |
Expense/ Investment
| Category | Y1 | Y2 | Y3 | Y4 | Y5 | Y6 | Y7 | Y8 | Y9 | Y10 | Total |
|---|---|---|---|---|---|---|---|---|---|---|---|
| deposit | $46,000 | $15,000 | - | $61,000 | - | - | - | - | - | - | $122,000 |
| remaining balance payment | - | - | - | - | - | - | - | - | - | - | - |
| closing cost | - | - | - | $58,000 | - | - | - | - | - | - | $58,000 |
| operating expense | - | - | - | - | $8,000 | $8,000 | $9,000 | $9,000 | $9,000 | $9,000 | $52,000 |
| mortgage payment | - | - | - | - | $31,000 | $31,000 | $31,000 | $31,000 | $31,000 | $31,000 | $184,000 |
| total expense investment | $46,000 | $15,000 | - | $119,000 | $39,000 | $39,000 | $39,000 | $39,000 | $40,000 | $40,000 | $416,000 |
Other
| Category | Y1 | Y2 | Y3 | Y4 | Y5 | Y6 | Y7 | Y8 | Y9 | Y10 | Total |
|---|---|---|---|---|---|---|---|---|---|---|---|
| net gain loss | -$18,482 | $22,000 | $38,000 | -$79,022 | $52,000 | $31,000 | $34,000 | $37,000 | $41,000 | $44,000 | $201,000 |
| cumulative roi | $69 | $107 | $168 | $82 | $111 | $124 | $137 | $150 | $162 | $175 | $1,000 |
The Clove
Address: Toronto W08, Ontario
Price Range: $485,000 - $990,000
Avail. suites: 22
0—3.5 bd
373—1091 SqFt