Suite number:
1025 - Yorkdale 505
Project:
Address:
Toronto, Ontario
Developer:
Malibu Investments Inc.
Property type:
condo
Floor plan:
Bathrooms:
1
Bedrooms:
1
Size:
505 sqft
Occupancy Date:
Mar 2027
Price, CAD
$695,990
Available
ROI
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Investment Period: 5 years
Yearly Return on Investment in Year 5
17.91%
Cumulative Return on Investment in Year 5
86.60%
Property Price at the End of Year 5
$897,000
Deposit Schedule
$10,000 at Signing
Total up to 5% in 30 days
$34,800
5% in 120 days
$34,800
10% on Occupancy
$69,599
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 | $36,000 | $38,000 | $40,000 | $42,000 | $44,000 | $47,000 | $49,000 | $52,000 | $54,000 | $57,000 | $459,000 |
rent income | - | $7,000 | $12,000 | $13,000 | $13,000 | $14,000 | $14,000 | $15,000 | $16,000 | $16,000 | $119,000 |
mortgage principal reduction | - | $5,000 | $9,000 | $9,000 | $10,000 | $10,000 | $11,000 | $11,000 | $12,000 | $12,000 | $89,000 |
deposit interest | $2,000 | $1,000 | - | - | - | - | - | - | - | - | $4,000 |
gst hst rebate | - | $24,000 | - | - | - | - | - | - | - | - | $24,000 |
total income return | $39,000 | $75,000 | $61,000 | $64,000 | $67,000 | $70,000 | $74,000 | $78,000 | $82,000 | $86,000 | $695,000 |
Expense/ Investment
Category | Y1 | Y2 | Y3 | Y4 | Y5 | Y6 | Y7 | Y8 | Y9 | Y10 | Total |
---|---|---|---|---|---|---|---|---|---|---|---|
deposit | $70,000 | $70,000 | - | - | - | - | - | - | - | - | $139,000 |
remaining balance payment | - | - | - | - | - | - | - | - | - | - | - |
closing cost | - | $61,000 | - | - | - | - | - | - | - | - | $61,000 |
operating expense | - | $4,000 | $7,000 | $8,000 | $8,000 | $8,000 | $8,000 | $8,000 | $9,000 | $9,000 | $69,000 |
mortgage payment | - | $20,000 | $35,000 | $35,000 | $35,000 | $35,000 | $35,000 | $35,000 | $35,000 | $35,000 | $299,000 |
total expense investment | $70,000 | $156,000 | $42,000 | $42,000 | $43,000 | $43,000 | $43,000 | $43,000 | $43,000 | $44,000 | $568,000 |
Other
Category | Y1 | Y2 | Y3 | Y4 | Y5 | Y6 | Y7 | Y8 | Y9 | Y10 | Total |
---|---|---|---|---|---|---|---|---|---|---|---|
net gain loss | -$31,082 | -$80,270 | $19,000 | $21,000 | $24,000 | $28,000 | $31,000 | $34,000 | $38,000 | $42,000 | $127,000 |
cumulative roi | $55 | $50 | $64 | $76 | $87 | $96 | $105 | $114 | $122 | $130 | $900 |
Express 2 Condos
Address: Toronto, Ontario
Price Range: $589,000 - $882,000
Avail. suites: 36
1—2 bd
392—716 SqFt