Suite number:
1C(L/W)
Project:
Address:
Toronto C03, Ontario
Developer:
Blackdoor Development Company
Property type:
condo
Floor plan:
Bathrooms:
Bedrooms:
Size:
1751 sqft
Occupancy Date:
Jan 2025
Price, CAD
$2,409,900
Available
ROI
Want to own a unit? —
Investment Period: 5 years
Yearly Return on Investment in Year 5
17.96%
Cumulative Return on Investment in Year 5
83.46%
Property Price at the End of Year 5
$3,105,000
Deposit Schedule
$30,000 at Signing
Total up to 15% in 9999 days
$361,485
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 | $125,000 | $132,000 | $139,000 | $146,000 | $153,000 | $161,000 | $170,000 | $179,000 | $188,000 | $198,000 | $1,590,000 |
| rent income | $56,000 | $64,000 | $66,000 | $69,000 | $72,000 | $75,000 | $78,000 | $82,000 | $85,000 | $89,000 | $737,000 |
| mortgage principal reduction | $27,000 | $31,000 | $33,000 | $34,000 | $36,000 | $38,000 | $39,000 | $41,000 | $43,000 | $45,000 | $368,000 |
| deposit interest | - | - | - | - | - | - | - | - | - | - | - |
| gst hst rebate | $24,000 | - | - | - | - | - | - | - | - | - | $24,000 |
| total income return | $232,000 | $226,000 | $238,000 | $249,000 | $261,000 | $274,000 | $288,000 | $302,000 | $317,000 | $332,000 | $2,719,000 |
Expense/ Investment
| Category | Y1 | Y2 | Y3 | Y4 | Y5 | Y6 | Y7 | Y8 | Y9 | Y10 | Total |
|---|---|---|---|---|---|---|---|---|---|---|---|
| deposit | $361,000 | - | - | - | - | - | - | - | - | - | $361,000 |
| remaining balance payment | $120,000 | - | - | - | - | - | - | - | - | - | $120,000 |
| closing cost | $134,000 | - | - | - | - | - | - | - | - | - | $134,000 |
| operating expense | $32,000 | $36,000 | $36,000 | $37,000 | $38,000 | $39,000 | $40,000 | $41,000 | $42,000 | $43,000 | $384,000 |
| mortgage payment | $111,000 | $121,000 | $121,000 | $121,000 | $121,000 | $121,000 | $121,000 | $121,000 | $121,000 | $121,000 | $1,197,000 |
| total expense investment | $759,000 | $156,000 | $157,000 | $158,000 | $159,000 | $160,000 | $161,000 | $162,000 | $162,000 | $163,000 | $2,197,000 |
Other
| Category | Y1 | Y2 | Y3 | Y4 | Y5 | Y6 | Y7 | Y8 | Y9 | Y10 | Total |
|---|---|---|---|---|---|---|---|---|---|---|---|
| net gain loss | -$526,380 | $70,000 | $80,000 | $91,000 | $103,000 | $115,000 | $127,000 | $140,000 | $154,000 | $169,000 | $523,000 |
| cumulative roi | $25 | $43 | $58 | $71 | $83 | $95 | $106 | $116 | $126 | $137 | $860 |
The Rhodes
Address: Toronto C03, Ontario
Price Range: $1,370,000 - $5,170,000
Avail. suites: 13
1.5—3.5 bd
998—2915 SqFt