Suite number:
407 - A5
Project:
Address:
Toronto C01, Ontario
Developer:
Fieldgate Urban
Property type:
condo
Bathrooms:
1
Bedrooms:
0
Size:
356 sqft
Occupancy Date:
Jan 2025
$498,990
Available
Want to own a unit? —
Investment Period: 5 years
Yearly Return on Investment in Year 5
15.16%
Cumulative Return on Investment in Year 5
77.65%
Property Price at the End of Year 5
$643,000
Deposit Schedule
$10,000 at Signing
Total up to 2% in 30 days
$9,980
8% on Occupancy
$39,919
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 | $26,000 | $27,000 | $29,000 | $30,000 | $32,000 | $33,000 | $35,000 | $37,000 | $39,000 | $41,000 | $329,000 |
rent income | $5,000 | $6,000 | $7,000 | $7,000 | $7,000 | $8,000 | $8,000 | $8,000 | $9,000 | $9,000 | $75,000 |
mortgage principal reduction | $5,000 | $7,000 | $7,000 | $7,000 | $8,000 | $8,000 | $8,000 | $9,000 | $9,000 | $10,000 | $78,000 |
deposit interest | $56 | - | - | - | - | - | - | - | - | - | $56 |
gst hst rebate | $24,000 | - | - | - | - | - | - | - | - | - | $24,000 |
total income return | $60,000 | $40,000 | $42,000 | $45,000 | $47,000 | $49,000 | $52,000 | $54,000 | $57,000 | $60,000 | $506,000 |
Expense/ Investment
Category | Y1 | Y2 | Y3 | Y4 | Y5 | Y6 | Y7 | Y8 | Y9 | Y10 | Total |
---|---|---|---|---|---|---|---|---|---|---|---|
deposit | $50,000 | - | - | - | - | - | - | - | - | - | $50,000 |
remaining balance payment | $50,000 | - | - | - | - | - | - | - | - | - | $50,000 |
closing cost | $52,000 | - | - | - | - | - | - | - | - | - | $52,000 |
operating expense | $4,000 | $5,000 | $5,000 | $5,000 | $6,000 | $6,000 | $6,000 | $6,000 | $6,000 | $7,000 | $57,000 |
mortgage payment | $20,000 | $24,000 | $24,000 | $24,000 | $24,000 | $24,000 | $24,000 | $24,000 | $24,000 | $24,000 | $239,000 |
total expense investment | $176,000 | $29,000 | $30,000 | $30,000 | $30,000 | $30,000 | $30,000 | $30,000 | $31,000 | $31,000 | $447,000 |
Other
Category | Y1 | Y2 | Y3 | Y4 | Y5 | Y6 | Y7 | Y8 | Y9 | Y10 | Total |
---|---|---|---|---|---|---|---|---|---|---|---|
net gain loss | -$115,637 | $11,000 | $13,000 | $15,000 | $17,000 | $19,000 | $21,000 | $24,000 | $26,000 | $29,000 | $59,000 |
cumulative roi | $33 | $47 | $58 | $68 | $78 | $86 | $94 | $102 | $109 | $116 | $791 |
The Twelve Hundred
Address: Toronto C01, Ontario
Price Range: $497,000 - $650,000
Avail. suites: 4
0—3 bd
321—819 SqFt