Suite number:
1D
Project:
Address:
Toronto, Ontario
Developer:
First Avenue Properties
Property type:
condo
Floor plan:
Bathrooms:
1
Bedrooms:
1
Size:
492 sqft
Occupancy Date:
Sep 2028
Price, CAD
$571,900
Available
ROI
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Investment Period: 5 years
Yearly Return on Investment in Year 5
22.23%
Cumulative Return on Investment in Year 5
108.93%
Property Price at the End of Year 5
$737,000
Deposit Schedule
$5,000 at Signing
Total up to 5% in 30 days
$28,595
5% in 180 days
$28,595
5% in 365 days
$28,595
5% on Occupancy
$28,595
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 | $30,000 | $31,000 | $33,000 | $35,000 | $36,000 | $38,000 | $40,000 | $42,000 | $45,000 | $47,000 | $377,000 |
rent income | - | - | - | $9,000 | $12,000 | $12,000 | $13,000 | $13,000 | $14,000 | $15,000 | $88,000 |
mortgage principal reduction | - | - | - | $5,000 | $7,000 | $8,000 | $8,000 | $8,000 | $9,000 | $9,000 | $55,000 |
deposit interest | $2,000 | $5,000 | $4,000 | $1,000 | - | - | - | - | - | - | $13,000 |
gst hst rebate | - | - | - | $24,000 | - | - | - | - | - | - | $24,000 |
total income return | $32,000 | $36,000 | $37,000 | $74,000 | $56,000 | $58,000 | $61,000 | $64,000 | $67,000 | $71,000 | $557,000 |
Expense/ Investment
Category | Y1 | Y2 | Y3 | Y4 | Y5 | Y6 | Y7 | Y8 | Y9 | Y10 | Total |
---|---|---|---|---|---|---|---|---|---|---|---|
deposit | $57,000 | $29,000 | - | $29,000 | - | - | - | - | - | - | $114,000 |
remaining balance payment | - | - | - | - | - | - | - | - | - | - | - |
closing cost | - | - | - | $56,000 | - | - | - | - | - | - | $56,000 |
operating expense | - | - | - | $5,000 | $6,000 | $7,000 | $7,000 | $7,000 | $7,000 | $7,000 | $46,000 |
mortgage payment | - | - | - | $21,000 | $29,000 | $29,000 | $29,000 | $29,000 | $29,000 | $29,000 | $193,000 |
total expense investment | $57,000 | $29,000 | - | $111,000 | $35,000 | $35,000 | $35,000 | $36,000 | $36,000 | $36,000 | $410,000 |
Other
Category | Y1 | Y2 | Y3 | Y4 | Y5 | Y6 | Y7 | Y8 | Y9 | Y10 | Total |
---|---|---|---|---|---|---|---|---|---|---|---|
net gain loss | -$25,402 | $8,000 | $37,000 | -$37,608 | $20,000 | $23,000 | $26,000 | $29,000 | $32,000 | $35,000 | $147,000 |
cumulative roi | $56 | $80 | $123 | $98 | $109 | $119 | $127 | $136 | $144 | $153 | $1,000 |
Wilson West
Address: Toronto, Ontario
Price Range: $533,000 - $1,072,000
Avail. suites: 40
0—3 bd
457—1129 SqFt