Suite number:
2G
Project:
Address:
Toronto C08, Ontario
Developer:
Tridel
Property type:
condo
Floor plan:
Bathrooms:
2
Bedrooms:
2
Size:
684 sqft
Occupancy Date:
Jun 2028
Price, CAD
$1,298,000
Available
ROI
Want to own a unit? —
Investment Period: 5 years
Yearly Return on Investment in Year 5
25.08%
Cumulative Return on Investment in Year 5
115.85%
Property Price at the End of Year 5
$1,672,000
Deposit Schedule
$5 at Signing
Total up to 5% in 120 days
$64,900
5% in 270 days
$64,900
5% on Occupancy
$64,900
Net Gain (Loss)
Get Expert Advice
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 | $67,000 | $71,000 | $75,000 | $79,000 | $83,000 | $87,000 | $91,000 | $96,000 | $101,000 | $107,000 | $857,000 |
rent income | - | - | - | $12,000 | $21,000 | $21,000 | $22,000 | $23,000 | $24,000 | $25,000 | $149,000 |
mortgage principal reduction | - | - | - | $9,000 | $16,000 | $17,000 | $18,000 | $19,000 | $20,000 | $21,000 | $121,000 |
deposit interest | $7,000 | $13,000 | $10,000 | $4,000 | - | - | - | - | - | - | $34,000 |
gst hst rebate | - | - | - | $24,000 | - | - | - | - | - | - | $24,000 |
total income return | $74,000 | $84,000 | $85,000 | $127,000 | $120,000 | $126,000 | $132,000 | $138,000 | $145,000 | $153,000 | $1,184,000 |
Expense/ Investment
Category | Y1 | Y2 | Y3 | Y4 | Y5 | Y6 | Y7 | Y8 | Y9 | Y10 | Total |
---|---|---|---|---|---|---|---|---|---|---|---|
deposit | $130,000 | $65,000 | - | - | - | - | - | - | - | - | $195,000 |
remaining balance payment | - | - | - | $65,000 | - | - | - | - | - | - | $65,000 |
closing cost | - | - | - | $85,000 | - | - | - | - | - | - | $85,000 |
operating expense | - | - | - | $7,000 | $12,000 | $12,000 | $12,000 | $12,000 | $13,000 | $13,000 | $80,000 |
mortgage payment | - | - | - | $38,000 | $65,000 | $65,000 | $65,000 | $65,000 | $65,000 | $65,000 | $428,000 |
total expense investment | $130,000 | $65,000 | - | $195,000 | $77,000 | $77,000 | $77,000 | $77,000 | $78,000 | $78,000 | $853,000 |
Other
Category | Y1 | Y2 | Y3 | Y4 | Y5 | Y6 | Y7 | Y8 | Y9 | Y10 | Total |
---|---|---|---|---|---|---|---|---|---|---|---|
net gain loss | -$55,767 | $20,000 | $85,000 | -$67,719 | $43,000 | $49,000 | $55,000 | $61,000 | $68,000 | $75,000 | $331,000 |
cumulative roi | $57 | $81 | $125 | $106 | $116 | $125 | $133 | $141 | $148 | $156 | $1,000 |
Queen Church Condos
Address: Toronto C08, Ontario
Price Range: $699,000 - $1,357,000
Avail. suites: 11
0—3 bd
412—814 SqFt