Suite number:
A367 BF - 617
Project:
Address:
Toronto C01, Ontario
Developer:
Originate Developments
Property type:
condo
Floor plan:
Bathrooms:
1
Bedrooms:
0
Size:
367 sqft
Occupancy Date:
Jan 2027
Price, CAD
$568,990
Available
ROI
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Investment Period: 5 years
Yearly Return on Investment in Year 5
20.86%
Cumulative Return on Investment in Year 5
103.35%
Property Price at the End of Year 5
$733,000
Deposit Schedule
$10,000 at Signing
Total up to 5% in -286 days
$28,450
5% in 15 days
$28,450
5% in 79 days
$28,450
5% on Occupancy
$28,450
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 | $34,000 | $36,000 | $38,000 | $40,000 | $42,000 | $44,000 | $47,000 | $376,000 |
rent income | - | - | $6,000 | $7,000 | $7,000 | $7,000 | $8,000 | $8,000 | $8,000 | $9,000 | $59,000 |
mortgage principal reduction | - | - | $6,000 | $7,000 | $8,000 | $8,000 | $8,000 | $9,000 | $9,000 | $10,000 | $66,000 |
deposit interest | $5,000 | $3,000 | $73 | - | - | - | - | - | - | - | $8,000 |
gst hst rebate | - | - | $24,000 | - | - | - | - | - | - | - | $24,000 |
total income return | $35,000 | $34,000 | $69,000 | $48,000 | $51,000 | $53,000 | $56,000 | $59,000 | $62,000 | $65,000 | $533,000 |
Expense/ Investment
Category | Y1 | Y2 | Y3 | Y4 | Y5 | Y6 | Y7 | Y8 | Y9 | Y10 | Total |
---|---|---|---|---|---|---|---|---|---|---|---|
deposit | $57,000 | - | $28,000 | - | - | - | - | - | - | - | $85,000 |
remaining balance payment | - | - | - | - | - | - | - | - | - | - | - |
closing cost | - | - | $56,000 | - | - | - | - | - | - | - | $56,000 |
operating expense | - | - | $5,000 | $5,000 | $6,000 | $6,000 | $6,000 | $6,000 | $6,000 | $6,000 | $46,000 |
mortgage payment | - | - | $26,000 | $28,000 | $28,000 | $28,000 | $28,000 | $28,000 | $28,000 | $28,000 | $226,000 |
total expense investment | $57,000 | - | $116,000 | $34,000 | $34,000 | $34,000 | $34,000 | $34,000 | $35,000 | $35,000 | $413,000 |
Other
Category | Y1 | Y2 | Y3 | Y4 | Y5 | Y6 | Y7 | Y8 | Y9 | Y10 | Total |
---|---|---|---|---|---|---|---|---|---|---|---|
net gain loss | -$22,289 | $34,000 | -$46,531 | $15,000 | $17,000 | $19,000 | $22,000 | $25,000 | $27,000 | $30,000 | $120,000 |
cumulative roi | $61 | $121 | $84 | $95 | $103 | $111 | $118 | $125 | $132 | $138 | $1,000 |
Reside on Richmond
Address: Toronto C01, Ontario
Price Range: $552,000 - $1,434,000
Avail. suites: 21
0—3 bd
349—1091 SqFt