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
18.72%
Cumulative Return on Investment in Year 5
90.06%
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
2.5% in 600 days
$17,400
7.5% on Occupancy
$52,199
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 | $37,000 | $38,000 | $40,000 | $42,000 | $44,000 | $47,000 | $49,000 | $52,000 | $54,000 | $57,000 | $460,000 |
rent income | - | $2,000 | $12,000 | $12,000 | $13,000 | $13,000 | $14,000 | $15,000 | $15,000 | $16,000 | $112,000 |
mortgage principal reduction | - | $1,000 | $9,000 | $9,000 | $10,000 | $10,000 | $10,000 | $11,000 | $12,000 | $12,000 | $84,000 |
deposit interest | $2,000 | $3,000 | - | - | - | - | - | - | - | - | $5,000 |
gst hst rebate | - | $24,000 | - | - | - | - | - | - | - | - | $24,000 |
total income return | $39,000 | $68,000 | $61,000 | $64,000 | $67,000 | $70,000 | $74,000 | $77,000 | $81,000 | $85,000 | $685,000 |
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 | - | $1,000 | $7,000 | $8,000 | $8,000 | $8,000 | $8,000 | $8,000 | $8,000 | $9,000 | $65,000 |
mortgage payment | - | $6,000 | $35,000 | $35,000 | $35,000 | $35,000 | $35,000 | $35,000 | $35,000 | $35,000 | $285,000 |
total expense investment | $70,000 | $138,000 | $42,000 | $42,000 | $43,000 | $43,000 | $43,000 | $43,000 | $43,000 | $43,000 | $550,000 |
Other
Category | Y1 | Y2 | Y3 | Y4 | Y5 | Y6 | Y7 | Y8 | Y9 | Y10 | Total |
---|---|---|---|---|---|---|---|---|---|---|---|
net gain loss | -$30,669 | -$69,533 | $18,000 | $21,000 | $24,000 | $27,000 | $31,000 | $34,000 | $38,000 | $42,000 | $135,000 |
cumulative roi | $56 | $53 | $68 | $80 | $90 | $100 | $108 | $117 | $125 | $133 | $930 |
Express 2 Condos
Address: Toronto, Ontario
Price Range: $589,000 - $882,000
Avail. suites: 36
1—2 bd
392—716 SqFt