Suite number:
1101-2
Project:
Address:
Toronto W08, Ontario
Developer:
Harhay Developments
Property type:
condo
Floor plan:
Bathrooms:
1
Bedrooms:
1
Size:
538 sqft
Occupancy Date:
Jun 2027
Price, CAD
$704,900
Available
ROI
Want to own a unit? —
Investment Period: 5 years
Yearly Return on Investment in Year 5
20.04%
Cumulative Return on Investment in Year 5
94.30%
Property Price at the End of Year 5
$908,000
Deposit Schedule
$10,000 at Signing
Total up to 5% in 30 days
$35,245
2.5% in 180 days
$17,623
2.5% in 365 days
$17,623
2.5% in 720 days
$17,623
7.5% on Occupancy
$52,868
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 | $37,000 | $39,000 | $41,000 | $43,000 | $45,000 | $47,000 | $50,000 | $52,000 | $55,000 | $58,000 | $465,000 |
rent income | - | - | $6,000 | $13,000 | $13,000 | $14,000 | $15,000 | $15,000 | $16,000 | $17,000 | $109,000 |
mortgage principal reduction | - | - | $4,000 | $9,000 | $9,000 | $10,000 | $10,000 | $11,000 | $11,000 | $12,000 | $77,000 |
deposit interest | -$2,173 | $6,000 | $2,000 | - | - | - | - | - | - | - | $5,000 |
gst hst rebate | - | - | $24,000 | - | - | - | - | - | - | - | $24,000 |
total income return | $34,000 | $44,000 | $77,000 | $64,000 | $68,000 | $71,000 | $75,000 | $78,000 | $82,000 | $86,000 | $680,000 |
Expense/ Investment
Category | Y1 | Y2 | Y3 | Y4 | Y5 | Y6 | Y7 | Y8 | Y9 | Y10 | Total |
---|---|---|---|---|---|---|---|---|---|---|---|
deposit | $53,000 | $35,000 | $53,000 | - | - | - | - | - | - | - | $141,000 |
remaining balance payment | - | - | - | - | - | - | - | - | - | - | - |
closing cost | - | - | $62,000 | - | - | - | - | - | - | - | $62,000 |
operating expense | - | - | $4,000 | $8,000 | $8,000 | $8,000 | $9,000 | $9,000 | $9,000 | $9,000 | $64,000 |
mortgage payment | - | - | $18,000 | $35,000 | $35,000 | $35,000 | $35,000 | $35,000 | $35,000 | $35,000 | $265,000 |
total expense investment | $53,000 | $35,000 | $136,000 | $43,000 | $43,000 | $44,000 | $44,000 | $44,000 | $44,000 | $44,000 | $531,000 |
Other
Category | Y1 | Y2 | Y3 | Y4 | Y5 | Y6 | Y7 | Y8 | Y9 | Y10 | Total |
---|---|---|---|---|---|---|---|---|---|---|---|
net gain loss | -$18,490 | $9,000 | -$58,950 | $21,000 | $24,000 | $27,000 | $31,000 | $34,000 | $38,000 | $42,000 | $149,000 |
cumulative roi | $69 | $89 | $71 | $84 | $94 | $104 | $113 | $121 | $130 | $138 | $1,000 |
The 9Hundred Condos
Address: Toronto W08, Ontario
Price Range: $680,000 - $1,217,000
Avail. suites: 102
1—3.5 bd
491—1123 SqFt