Suite number:
3808 (Newport)
Project:
Address:
Toronto W06, Ontario
Developer:
The Conservatory Group
Property type:
condo
Bathrooms:
1
Bedrooms:
2
Size:
642 sqft
Occupancy Date:
Jan 2025
$1,010,400
Available
Want to own a unit? —
Investment Period: 5 years
Yearly Return on Investment in Year 5
17.18%
Cumulative Return on Investment in Year 5
82.90%
Property Price at the End of Year 5
$1,302,000
Deposit Schedule
$5,000 at Signing
Total up to 15% in 10269 days
$151,560
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 | $52,000 | $55,000 | $58,000 | $61,000 | $64,000 | $68,000 | $71,000 | $75,000 | $79,000 | $83,000 | $667,000 |
rent income | $17,000 | $20,000 | $20,000 | $21,000 | $22,000 | $23,000 | $24,000 | $25,000 | $26,000 | $27,000 | $226,000 |
mortgage principal reduction | $12,000 | $14,000 | $14,000 | $15,000 | $16,000 | $16,000 | $17,000 | $18,000 | $19,000 | $19,000 | $159,000 |
deposit interest | - | - | - | - | - | - | - | - | - | - | - |
gst hst rebate | $24,000 | - | - | - | - | - | - | - | - | - | $24,000 |
total income return | $106,000 | $88,000 | $93,000 | $97,000 | $102,000 | $107,000 | $112,000 | $118,000 | $124,000 | $130,000 | $1,076,000 |
Expense/ Investment
Category | Y1 | Y2 | Y3 | Y4 | Y5 | Y6 | Y7 | Y8 | Y9 | Y10 | Total |
---|---|---|---|---|---|---|---|---|---|---|---|
deposit | $152,000 | - | - | - | - | - | - | - | - | - | $152,000 |
remaining balance payment | $51,000 | - | - | - | - | - | - | - | - | - | $51,000 |
closing cost | $72,000 | - | - | - | - | - | - | - | - | - | $72,000 |
operating expense | $9,000 | $10,000 | $11,000 | $11,000 | $11,000 | $12,000 | $12,000 | $12,000 | $13,000 | $13,000 | $115,000 |
mortgage payment | $45,000 | $49,000 | $49,000 | $49,000 | $49,000 | $49,000 | $49,000 | $49,000 | $49,000 | $49,000 | $487,000 |
total expense investment | $329,000 | $60,000 | $60,000 | $60,000 | $61,000 | $61,000 | $61,000 | $62,000 | $62,000 | $62,000 | $877,000 |
Other
Category | Y1 | Y2 | Y3 | Y4 | Y5 | Y6 | Y7 | Y8 | Y9 | Y10 | Total |
---|---|---|---|---|---|---|---|---|---|---|---|
net gain loss | -$223,203 | $29,000 | $33,000 | $37,000 | $42,000 | $46,000 | $51,000 | $56,000 | $62,000 | $67,000 | $199,000 |
cumulative roi | $29 | $45 | $59 | $72 | $83 | $93 | $103 | $113 | $122 | $131 | $850 |
Water's Edge at The Cove
Address: Toronto W06, Ontario
Price Range: $778,000 - $2,585,000
Avail. suites: 19
1—3 bd
466—1477 SqFt