Suite number:
1408
Project:
Address:
Toronto C10, Ontario
Developer:
Tribute Communities
Property type:
condo
Bathrooms:
2
Bedrooms:
2
Size:
782 sqft
Occupancy Date:
Dec 2024
Price, CAD
$1,182,000
Available
ROI
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Investment Period: 5 years
Yearly Return on Investment in Year 5
17.61%
Cumulative Return on Investment in Year 5
84.20%
Property Price at the End of Year 5
$1,523,000
Deposit Schedule
$5 at Signing
Total up to 11% in 10269 days
$130,020
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 | $61,000 | $65,000 | $68,000 | $72,000 | $75,000 | $79,000 | $83,000 | $88,000 | $92,000 | $97,000 | $780,000 |
| rent income | $21,000 | $24,000 | $25,000 | $26,000 | $27,000 | $28,000 | $29,000 | $31,000 | $32,000 | $33,000 | $276,000 |
| mortgage principal reduction | $14,000 | $16,000 | $17,000 | $17,000 | $18,000 | $19,000 | $20,000 | $21,000 | $22,000 | $23,000 | $186,000 |
| deposit interest | - | - | - | - | - | - | - | - | - | - | - |
| gst hst rebate | $24,000 | - | - | - | - | - | - | - | - | - | $24,000 |
| total income return | $120,000 | $104,000 | $109,000 | $115,000 | $120,000 | $126,000 | $133,000 | $139,000 | $146,000 | $153,000 | $1,266,000 |
Expense/ Investment
| Category | Y1 | Y2 | Y3 | Y4 | Y5 | Y6 | Y7 | Y8 | Y9 | Y10 | Total |
|---|---|---|---|---|---|---|---|---|---|---|---|
| deposit | $130,000 | - | - | - | - | - | - | - | - | - | $130,000 |
| remaining balance payment | $106,000 | - | - | - | - | - | - | - | - | - | $106,000 |
| closing cost | $79,000 | - | - | - | - | - | - | - | - | - | $79,000 |
| operating expense | $10,000 | $12,000 | $12,000 | $12,000 | $13,000 | $13,000 | $13,000 | $14,000 | $14,000 | $15,000 | $128,000 |
| mortgage payment | $53,000 | $57,000 | $57,000 | $57,000 | $57,000 | $57,000 | $57,000 | $57,000 | $57,000 | $57,000 | $570,000 |
| total expense investment | $379,000 | $69,000 | $69,000 | $70,000 | $70,000 | $71,000 | $71,000 | $71,000 | $72,000 | $72,000 | $1,014,000 |
Other
| Category | Y1 | Y2 | Y3 | Y4 | Y5 | Y6 | Y7 | Y8 | Y9 | Y10 | Total |
|---|---|---|---|---|---|---|---|---|---|---|---|
| net gain loss | -$258,381 | $35,000 | $40,000 | $45,000 | $50,000 | $56,000 | $62,000 | $68,000 | $74,000 | $81,000 | $252,000 |
| cumulative roi | $28 | $45 | $60 | $72 | $84 | $95 | $105 | $115 | $125 | $135 | $865 |
Y&S Condos
Address: Toronto C10, Ontario
Price Range: $1,182,000 - $1,999,000
Avail. suites: 10
2—3 bd
782—1224 SqFt