Suite number:
714 - 2F
Project:
Address:
Toronto, Ontario
Developer:
Canderel Residential Inc.
Property type:
condo
Floor plan:
Bathrooms:
2
Bedrooms:
2
Size:
662 sqft
Occupancy Date:
Jan 2026
Price, CAD
$1,079,900
Available
ROI
Want to own a unit? —
Investment Period: 5 years
Yearly Return on Investment in Year 5
17.13%
Cumulative Return on Investment in Year 5
81.75%
Property Price at the End of Year 5
$1,391,000
Deposit Schedule
$10,000 at Signing
Total up to 5% in 30 days
$53,995
10% on Occupancy
$107,990
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 | $56,000 | $59,000 | $62,000 | $65,000 | $69,000 | $72,000 | $76,000 | $80,000 | $84,000 | $89,000 | $713,000 |
rent income | $13,000 | $20,000 | $21,000 | $22,000 | $22,000 | $23,000 | $24,000 | $26,000 | $27,000 | $28,000 | $225,000 |
mortgage principal reduction | $9,000 | $14,000 | $14,000 | $15,000 | $16,000 | $17,000 | $17,000 | $18,000 | $19,000 | $20,000 | $160,000 |
deposit interest | $553 | - | - | - | - | - | - | - | - | - | $553 |
gst hst rebate | $24,000 | - | - | - | - | - | - | - | - | - | $24,000 |
total income return | $102,000 | $93,000 | $97,000 | $102,000 | $107,000 | $112,000 | $118,000 | $124,000 | $130,000 | $136,000 | $1,122,000 |
Expense/ Investment
Category | Y1 | Y2 | Y3 | Y4 | Y5 | Y6 | Y7 | Y8 | Y9 | Y10 | Total |
---|---|---|---|---|---|---|---|---|---|---|---|
deposit | $162,000 | - | - | - | - | - | - | - | - | - | $162,000 |
remaining balance payment | $54,000 | - | - | - | - | - | - | - | - | - | $54,000 |
closing cost | $77,000 | - | - | - | - | - | - | - | - | - | $77,000 |
operating expense | $7,000 | $11,000 | $11,000 | $11,000 | $11,000 | $12,000 | $12,000 | $12,000 | $12,000 | $13,000 | $111,000 |
mortgage payment | $36,000 | $54,000 | $54,000 | $54,000 | $54,000 | $54,000 | $54,000 | $54,000 | $54,000 | $54,000 | $523,000 |
total expense investment | $336,000 | $65,000 | $65,000 | $65,000 | $65,000 | $66,000 | $66,000 | $66,000 | $66,000 | $67,000 | $927,000 |
Other
Category | Y1 | Y2 | Y3 | Y4 | Y5 | Y6 | Y7 | Y8 | Y9 | Y10 | Total |
---|---|---|---|---|---|---|---|---|---|---|---|
net gain loss | -$233,424 | $28,000 | $32,000 | $37,000 | $42,000 | $47,000 | $52,000 | $58,000 | $64,000 | $70,000 | $195,000 |
cumulative roi | $28 | $45 | $59 | $71 | $82 | $92 | $101 | $111 | $120 | $129 | $836 |
908 St. Clair
Address: Toronto, Ontario
Price Range: $890,000 - $1,330,000
Avail. suites: 10
1—3.5 bd
460—2013 SqFt