Suite number:
B22
Project:
Address:
Toronto W02, Ontario
Developer:
Sierra Communities
Property type:
condo
Bathrooms:
1
Bedrooms:
1
Size:
438 sqft
Occupancy Date:
May 2026
$612,900
Available
Want to own a unit? —
Investment Period: 5 years
Yearly Return on Investment in Year 5
18.44%
Cumulative Return on Investment in Year 5
90.61%
Property Price at the End of Year 5
$790,000
Deposit Schedule
$10,000 at Signing
Total up to 5% in 0 days
$30,645
5% in 30 days
$30,645
5% in 180 days
$30,645
5% on Occupancy
$30,645
Net Gain (Loss)
Get Expert Advice
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 | $34,000 | $35,000 | $37,000 | $39,000 | $41,000 | $43,000 | $45,000 | $48,000 | $50,000 | $404,000 |
rent income | - | $5,000 | $10,000 | $11,000 | $11,000 | $12,000 | $12,000 | $13,000 | $13,000 | $14,000 | $103,000 |
mortgage principal reduction | - | $4,000 | $8,000 | $8,000 | $9,000 | $9,000 | $10,000 | $10,000 | $11,000 | $11,000 | $80,000 |
deposit interest | $2,000 | $3,000 | - | - | - | - | - | - | - | - | $5,000 |
gst hst rebate | - | $24,000 | - | - | - | - | - | - | - | - | $24,000 |
total income return | $34,000 | $69,000 | $54,000 | $56,000 | $59,000 | $62,000 | $65,000 | $68,000 | $72,000 | $75,000 | $616,000 |
Expense/ Investment
Category | Y1 | Y2 | Y3 | Y4 | Y5 | Y6 | Y7 | Y8 | Y9 | Y10 | Total |
---|---|---|---|---|---|---|---|---|---|---|---|
deposit | $61,000 | $61,000 | - | - | - | - | - | - | - | - | $123,000 |
remaining balance payment | - | - | - | - | - | - | - | - | - | - | - |
closing cost | - | $56,000 | - | - | - | - | - | - | - | - | $56,000 |
operating expense | - | $3,000 | $6,000 | $6,000 | $6,000 | $7,000 | $7,000 | $7,000 | $7,000 | $7,000 | $56,000 |
mortgage payment | - | $15,000 | $30,000 | $30,000 | $30,000 | $30,000 | $30,000 | $30,000 | $30,000 | $30,000 | $253,000 |
total expense investment | $61,000 | $136,000 | $36,000 | $36,000 | $36,000 | $36,000 | $37,000 | $37,000 | $37,000 | $37,000 | $489,000 |
Other
Category | Y1 | Y2 | Y3 | Y4 | Y5 | Y6 | Y7 | Y8 | Y9 | Y10 | Total |
---|---|---|---|---|---|---|---|---|---|---|---|
net gain loss | -$27,212 | -$66,130 | $18,000 | $21,000 | $23,000 | $26,000 | $29,000 | $32,000 | $35,000 | $38,000 | $128,000 |
cumulative roi | $56 | $53 | $68 | $80 | $91 | $101 | $110 | $119 | $127 | $136 | $939 |
Motto Condos
Address: Toronto W02, Ontario
Price Range: $490,000 - $1,411,000
Avail. suites: 19
1—3.5 bd
362—1361 SqFt