Suite number:
3J
Project:
Address:
Toronto, Ontario
Developer:
Tridel
Property type:
condo
Floor plan:
Bathrooms:
2
Bedrooms:
3
Size:
1076 sqft
Occupancy Date:
Jun 2025
Price, CAD
$1,555,000
Available
ROI
Want to own a unit? —
Investment Period: 5 years
Yearly Return on Investment in Year 5
18.70%
Cumulative Return on Investment in Year 5
87.70%
Property Price at the End of Year 5
$2,003,000
Deposit Schedule
$5 at Signing
Total up to 5% in 60 days
$77,750
5% in 90 days
$77,750
5% on Occupancy
$77,750
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 | $81,000 | $85,000 | $89,000 | $94,000 | $99,000 | $104,000 | $110,000 | $115,000 | $121,000 | $128,000 | $1,026,000 |
rent income | $22,000 | $39,000 | $40,000 | $42,000 | $44,000 | $46,000 | $48,000 | $50,000 | $52,000 | $54,000 | $435,000 |
mortgage principal reduction | $11,000 | $20,000 | $21,000 | $22,000 | $23,000 | $24,000 | $25,000 | $26,000 | $28,000 | $29,000 | $227,000 |
deposit interest | $3,000 | - | - | - | - | - | - | - | - | - | $3,000 |
gst hst rebate | $24,000 | - | - | - | - | - | - | - | - | - | $24,000 |
total income return | $141,000 | $143,000 | $150,000 | $158,000 | $165,000 | $174,000 | $182,000 | $191,000 | $201,000 | $210,000 | $1,715,000 |
Expense/ Investment
Category | Y1 | Y2 | Y3 | Y4 | Y5 | Y6 | Y7 | Y8 | Y9 | Y10 | Total |
---|---|---|---|---|---|---|---|---|---|---|---|
deposit | $233,000 | - | - | - | - | - | - | - | - | - | $233,000 |
remaining balance payment | $78,000 | - | - | - | - | - | - | - | - | - | $78,000 |
closing cost | $96,000 | - | - | - | - | - | - | - | - | - | $96,000 |
operating expense | $10,000 | $17,000 | $18,000 | $18,000 | $19,000 | $19,000 | $19,000 | $20,000 | $20,000 | $21,000 | $181,000 |
mortgage payment | $45,000 | $78,000 | $78,000 | $78,000 | $78,000 | $78,000 | $78,000 | $78,000 | $78,000 | $78,000 | $746,000 |
total expense investment | $462,000 | $95,000 | $96,000 | $96,000 | $96,000 | $97,000 | $97,000 | $98,000 | $98,000 | $99,000 | $1,334,000 |
Other
Category | Y1 | Y2 | Y3 | Y4 | Y5 | Y6 | Y7 | Y8 | Y9 | Y10 | Total |
---|---|---|---|---|---|---|---|---|---|---|---|
net gain loss | -$321,510 | $48,000 | $55,000 | $62,000 | $69,000 | $77,000 | $85,000 | $93,000 | $102,000 | $112,000 | $381,000 |
cumulative roi | $27 | $46 | $61 | $75 | $88 | $100 | $111 | $122 | $133 | $144 | $906 |
MRKT Alexandra Park
Address: Toronto, Ontario
Price Range: $1,145,000 - $1,810,000
Avail. suites: 6
1—3.5 bd
717—1322 SqFt