Suite number:
PH03 - B1-537
Project:
Address:
Toronto C08, Ontario
Developer:
Alterra
Property type:
condo
Floor plan:
Bathrooms:
1
Bedrooms:
1.5
Size:
537 sqft
Occupancy Date:
Mar 2025
Price, CAD
$799,990
Available
ROI
Want to own a unit? —
Investment Period: 5 years
Yearly Return on Investment in Year 5
17.51%
Cumulative Return on Investment in Year 5
85.61%
Property Price at the End of Year 5
$1,031,000
Deposit Schedule
$10,000 at Signing
Total up to 5% in 30 days
$40,000
5% on Occupancy
$40,000
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 | $41,000 | $44,000 | $46,000 | $48,000 | $51,000 | $54,000 | $56,000 | $59,000 | $62,000 | $66,000 | $528,000 |
| rent income | $16,000 | $19,000 | $20,000 | $21,000 | $22,000 | $23,000 | $24,000 | $25,000 | $26,000 | $27,000 | $224,000 |
| mortgage principal reduction | $8,000 | $10,000 | $11,000 | $11,000 | $12,000 | $12,000 | $13,000 | $14,000 | $14,000 | $15,000 | $121,000 |
| deposit interest | - | - | - | - | - | - | - | - | - | - | - |
| gst hst rebate | $24,000 | - | - | - | - | - | - | - | - | - | $24,000 |
| total income return | $89,000 | $73,000 | $77,000 | $81,000 | $85,000 | $89,000 | $93,000 | $98,000 | $103,000 | $108,000 | $896,000 |
Expense/ Investment
| Category | Y1 | Y2 | Y3 | Y4 | Y5 | Y6 | Y7 | Y8 | Y9 | Y10 | Total |
|---|---|---|---|---|---|---|---|---|---|---|---|
| deposit | $80,000 | - | - | - | - | - | - | - | - | - | $80,000 |
| remaining balance payment | $80,000 | - | - | - | - | - | - | - | - | - | $80,000 |
| closing cost | $65,000 | - | - | - | - | - | - | - | - | - | $65,000 |
| operating expense | $7,000 | $8,000 | $8,000 | $9,000 | $9,000 | $9,000 | $9,000 | $9,000 | $10,000 | $10,000 | $87,000 |
| mortgage payment | $33,000 | $40,000 | $40,000 | $40,000 | $40,000 | $40,000 | $40,000 | $40,000 | $40,000 | $40,000 | $394,000 |
| total expense investment | $266,000 | $48,000 | $48,000 | $49,000 | $49,000 | $49,000 | $49,000 | $49,000 | $50,000 | $50,000 | $707,000 |
Other
| Category | Y1 | Y2 | Y3 | Y4 | Y5 | Y6 | Y7 | Y8 | Y9 | Y10 | Total |
|---|---|---|---|---|---|---|---|---|---|---|---|
| net gain loss | -$176,200 | $25,000 | $29,000 | $32,000 | $36,000 | $40,000 | $44,000 | $49,000 | $53,000 | $58,000 | $190,000 |
| cumulative roi | $30 | $46 | $61 | $74 | $86 | $97 | $108 | $119 | $129 | $140 | $889 |
28 Eastern
Address: Toronto C08, Ontario
Price Range: $700,000 - $1,130,000
Avail. suites: 8
1.5—3 bd
537—918 SqFt