Suite number:
Flora
Project:
Address:
Toronto C09, Ontario
Developer:
Menkes Developments Ltd.
Property type:
condo
Bathrooms:
2
Bedrooms:
2
Size:
778 sqft
Occupancy Date:
Mar 2025
Price, CAD
$1,312,990
Available
ROI
Want to own a unit? —
Investment Period: 5 years
Yearly Return on Investment in Year 5
18.42%
Cumulative Return on Investment in Year 5
86.60%
Property Price at the End of Year 5
$1,692,000
Deposit Schedule
$10,000 at Signing
Total up to 5% in 30 days
$55,650
10% on Occupancy
$131,299
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 | $68,000 | $72,000 | $76,000 | $79,000 | $84,000 | $88,000 | $93,000 | $97,000 | $102,000 | $108,000 | $867,000 |
| rent income | $11,000 | $23,000 | $24,000 | $25,000 | $26,000 | $28,000 | $29,000 | $30,000 | $31,000 | $33,000 | $260,000 |
| mortgage principal reduction | $9,000 | $19,000 | $20,000 | $20,000 | $21,000 | $22,000 | $23,000 | $24,000 | $25,000 | $26,000 | $209,000 |
| deposit interest | $1,000 | - | - | - | - | - | - | - | - | - | $1,000 |
| gst hst rebate | $24,000 | - | - | - | - | - | - | - | - | - | $24,000 |
| total income return | $114,000 | $114,000 | $119,000 | $125,000 | $131,000 | $138,000 | $144,000 | $151,000 | $159,000 | $166,000 | $1,362,000 |
Expense/ Investment
| Category | Y1 | Y2 | Y3 | Y4 | Y5 | Y6 | Y7 | Y8 | Y9 | Y10 | Total |
|---|---|---|---|---|---|---|---|---|---|---|---|
| deposit | $197,000 | - | - | - | - | - | - | - | - | - | $197,000 |
| remaining balance payment | $66,000 | - | - | - | - | - | - | - | - | - | $66,000 |
| closing cost | $84,000 | - | - | - | - | - | - | - | - | - | $84,000 |
| operating expense | $7,000 | $14,000 | $15,000 | $15,000 | $16,000 | $16,000 | $17,000 | $17,000 | $18,000 | $19,000 | $155,000 |
| mortgage payment | $30,000 | $60,000 | $60,000 | $60,000 | $60,000 | $60,000 | $60,000 | $60,000 | $60,000 | $60,000 | $572,000 |
| total expense investment | $384,000 | $75,000 | $75,000 | $76,000 | $76,000 | $77,000 | $77,000 | $78,000 | $78,000 | $79,000 | $1,074,000 |
Other
| Category | Y1 | Y2 | Y3 | Y4 | Y5 | Y6 | Y7 | Y8 | Y9 | Y10 | Total |
|---|---|---|---|---|---|---|---|---|---|---|---|
| net gain loss | -$270,380 | $39,000 | $44,000 | $50,000 | $55,000 | $61,000 | $67,000 | $74,000 | $80,000 | $88,000 | $288,000 |
| cumulative roi | $28 | $46 | $61 | $75 | $87 | $98 | $108 | $118 | $127 | $136 | $883 |
Welcome to refined living at Adagio by Menkes, a new luxury boutique condominium in Yorkville. Designed as an elegant modern retreat in the heart of the city and inspired by the distinguished history of the address. Adagio promises a rewarding life. ...
Address: Toronto C09, Ontario
Price Range: $688,000 - $1,860,000
Avail. suites: 15
0—3 bd
372—993 SqFt