Suite number:
A367 BF - 617
Project:
Address:
Toronto, 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
22.08%
Cumulative Return on Investment in Year 5
108.90%
Property Price at the End of Year 5
$733,000
Deposit Schedule
$10,000 at Signing
Total up to 5% in -415 days
$28,450
5% in -50 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 | - | $3,000 | $7,000 | $7,000 | $7,000 | $7,000 | $8,000 | $8,000 | $8,000 | $9,000 | $63,000 |
| mortgage principal reduction | - | $3,000 | $7,000 | $8,000 | $8,000 | $8,000 | $9,000 | $9,000 | $10,000 | $10,000 | $71,000 |
| deposit interest | $3,000 | $817 | - | - | - | - | - | - | - | - | $4,000 |
| gst hst rebate | - | $24,000 | - | - | - | - | - | - | - | - | $24,000 |
| total income return | $33,000 | $61,000 | $46,000 | $49,000 | $51,000 | $54,000 | $56,000 | $59,000 | $62,000 | $65,000 | $538,000 |
Expense/ Investment
| Category | Y1 | Y2 | Y3 | Y4 | Y5 | Y6 | Y7 | Y8 | Y9 | Y10 | Total |
|---|---|---|---|---|---|---|---|---|---|---|---|
| deposit | $28,000 | $28,000 | - | - | - | - | - | - | - | - | $57,000 |
| remaining balance payment | - | - | - | - | - | - | - | - | - | - | - |
| closing cost | - | $56,000 | - | - | - | - | - | - | - | - | $56,000 |
| operating expense | - | $2,000 | $5,000 | $6,000 | $6,000 | $6,000 | $6,000 | $6,000 | $6,000 | $6,000 | $49,000 |
| mortgage payment | - | $12,000 | $28,000 | $28,000 | $28,000 | $28,000 | $28,000 | $28,000 | $28,000 | $28,000 | $240,000 |
| total expense investment | $28,000 | $99,000 | $34,000 | $34,000 | $34,000 | $34,000 | $34,000 | $34,000 | $35,000 | $35,000 | $402,000 |
Other
| Category | Y1 | Y2 | Y3 | Y4 | Y5 | Y6 | Y7 | Y8 | Y9 | Y10 | Total |
|---|---|---|---|---|---|---|---|---|---|---|---|
| net gain loss | $4,000 | -$37,262 | $13,000 | $15,000 | $17,000 | $20,000 | $22,000 | $25,000 | $28,000 | $31,000 | $136,000 |
| cumulative roi | $115 | $77 | $90 | $100 | $109 | $116 | $123 | $130 | $137 | $143 | $1,000 |
Reside on Richmond
Address: Toronto, Ontario
Price Range: $552,000 - $1,434,000
Avail. suites: 21
0—3 bd
349—1091 SqFt