Suite number:
811
Project:
Address:
Toronto, Ontario
Developer:
Canderel Residential Inc.
Property type:
condo
Floor plan:
Bathrooms:
2
Bedrooms:
2
Size:
700 sqft
Occupancy Date:
Jan 2025
Price, CAD
$1,149,900
Available
ROI
Want to own a unit? —
Investment Period: 5 years
Yearly Return on Investment in Year 5
39.18%
Cumulative Return on Investment in Year 5
188.07%
Property Price at the End of Year 5
$1,482,000
Deposit Schedule
$10,000 at Signing
Total up to 15% in 9999 days
$172,485
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 | $60,000 | $63,000 | $66,000 | $70,000 | $73,000 | $77,000 | $81,000 | $85,000 | $90,000 | $94,000 | $759,000 |
| rent income | $20,000 | $21,000 | $22,000 | $23,000 | $24,000 | $25,000 | $26,000 | $27,000 | $29,000 | $30,000 | $248,000 |
| mortgage principal reduction | $14,000 | $15,000 | $16,000 | $16,000 | $17,000 | $18,000 | $19,000 | $20,000 | $21,000 | $22,000 | $177,000 |
| deposit interest | - | - | - | - | - | - | - | - | - | - | - |
| gst hst rebate | $24,000 | - | - | - | - | - | - | - | - | - | $24,000 |
| total income return | $118,000 | $99,000 | $104,000 | $109,000 | $115,000 | $120,000 | $126,000 | $132,000 | $139,000 | $146,000 | $1,208,000 |
Expense/ Investment
| Category | Y1 | Y2 | Y3 | Y4 | Y5 | Y6 | Y7 | Y8 | Y9 | Y10 | Total |
|---|---|---|---|---|---|---|---|---|---|---|---|
| deposit | - | - | - | - | - | - | - | - | - | - | - |
| remaining balance payment | - | - | - | - | - | - | - | - | - | - | - |
| closing cost | - | - | - | - | - | - | - | - | - | - | - |
| operating expense | $11,000 | $11,000 | $12,000 | $12,000 | $12,000 | $12,000 | $13,000 | $13,000 | $13,000 | $14,000 | $123,000 |
| mortgage payment | $58,000 | $58,000 | $58,000 | $58,000 | $58,000 | $58,000 | $58,000 | $58,000 | $58,000 | $58,000 | $576,000 |
| total expense investment | $69,000 | $69,000 | $69,000 | $69,000 | $70,000 | $70,000 | $70,000 | $71,000 | $71,000 | $71,000 | $698,000 |
Other
| Category | Y1 | Y2 | Y3 | Y4 | Y5 | Y6 | Y7 | Y8 | Y9 | Y10 | Total |
|---|---|---|---|---|---|---|---|---|---|---|---|
| net gain loss | $50,000 | $30,000 | $35,000 | $40,000 | $45,000 | $50,000 | $56,000 | $62,000 | $68,000 | $75,000 | $510,000 |
| cumulative roi | $221 | $191 | $185 | $186 | $188 | $192 | $197 | $202 | $208 | $215 | $2,000 |
908 St. Clair
Address: Toronto, Ontario
Price Range: $903,000 - $1,630,000
Avail. suites: 10
1—3.5 bd
460—2013 SqFt