Suite number:
A367 BF - 617
Project:
Address:
Toronto C01, Ontario
Developer:
Originate Developments
Property type:
condo
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
21.60%
Cumulative Return on Investment in Year 5
106.43%
Property Price at the End of Year 5
$733,000
Deposit Schedule
$10,000 at Signing
Total up to 5% in 0 days
$28,450
5% in 0 days
$28,450
5% in 15 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 | - | - | $5,000 | $7,000 | $7,000 | $7,000 | $8,000 | $8,000 | $8,000 | $9,000 | $59,000 |
| mortgage principal reduction | - | - | $6,000 | $8,000 | $8,000 | $8,000 | $9,000 | $9,000 | $10,000 | $10,000 | $67,000 |
| deposit interest | $5,000 | $3,000 | $328 | - | - | - | - | - | - | - | $8,000 |
| gst hst rebate | - | - | $24,000 | - | - | - | - | - | - | - | $24,000 |
| total income return | $34,000 | $34,000 | $69,000 | $49,000 | $51,000 | $54,000 | $56,000 | $59,000 | $62,000 | $65,000 | $534,000 |
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 | - | - | $55,000 | - | - | - | - | - | - | - | $55,000 |
| operating expense | - | - | $4,000 | $5,000 | $6,000 | $6,000 | $6,000 | $6,000 | $6,000 | $7,000 | $47,000 |
| mortgage payment | - | - | $23,000 | $28,000 | $28,000 | $28,000 | $28,000 | $28,000 | $28,000 | $28,000 | $217,000 |
| total expense investment | $57,000 | - | $111,000 | $33,000 | $33,000 | $33,000 | $34,000 | $34,000 | $34,000 | $34,000 | $403,000 |
Other
| Category | Y1 | Y2 | Y3 | Y4 | Y5 | Y6 | Y7 | Y8 | Y9 | Y10 | Total |
|---|---|---|---|---|---|---|---|---|---|---|---|
| net gain loss | -$22,546 | $34,000 | -$42,142 | $16,000 | $18,000 | $20,000 | $23,000 | $25,000 | $28,000 | $31,000 | $130,000 |
| cumulative roi | $60 | $120 | $87 | $97 | $106 | $114 | $122 | $129 | $135 | $142 | $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