Suite number:
1408
Project:
Address:
Toronto C10, Ontario
Developer:
Tribute Communities
Property type:
condo
Floor plan:
Bathrooms:
2
Bedrooms:
2
Size:
782 sqft
Occupancy Date:
Jul 2025
Price, CAD
$1,182,000
Available
ROI
Want to own a unit? —
Investment Period: 5 years
Yearly Return on Investment in Year 5
17.69%
Cumulative Return on Investment in Year 5
83.86%
Property Price at the End of Year 5
$1,523,000
Deposit Schedule
$5 at Signing
Total up to 5% in 90 days
$59,100
6% on Occupancy
$70,920
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 | $61,000 | $65,000 | $68,000 | $72,000 | $75,000 | $79,000 | $83,000 | $88,000 | $92,000 | $97,000 | $780,000 |
rent income | $13,000 | $23,000 | $24,000 | $26,000 | $27,000 | $28,000 | $29,000 | $30,000 | $31,000 | $33,000 | $265,000 |
mortgage principal reduction | $8,000 | $15,000 | $16,000 | $16,000 | $17,000 | $18,000 | $19,000 | $20,000 | $21,000 | $22,000 | $173,000 |
deposit interest | $1,000 | - | - | - | - | - | - | - | - | - | $1,000 |
gst hst rebate | $24,000 | - | - | - | - | - | - | - | - | - | $24,000 |
total income return | $108,000 | $103,000 | $108,000 | $114,000 | $119,000 | $125,000 | $131,000 | $138,000 | $145,000 | $152,000 | $1,243,000 |
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 | $81,000 | - | - | - | - | - | - | - | - | - | $81,000 |
operating expense | $7,000 | $11,000 | $12,000 | $12,000 | $12,000 | $12,000 | $13,000 | $13,000 | $13,000 | $14,000 | $119,000 |
mortgage payment | $35,000 | $59,000 | $59,000 | $59,000 | $59,000 | $59,000 | $59,000 | $59,000 | $59,000 | $59,000 | $567,000 |
total expense investment | $358,000 | $71,000 | $71,000 | $71,000 | $71,000 | $72,000 | $72,000 | $72,000 | $73,000 | $73,000 | $1,003,000 |
Other
Category | Y1 | Y2 | Y3 | Y4 | Y5 | Y6 | Y7 | Y8 | Y9 | Y10 | Total |
---|---|---|---|---|---|---|---|---|---|---|---|
net gain loss | -$249,923 | $33,000 | $37,000 | $42,000 | $48,000 | $53,000 | $59,000 | $66,000 | $72,000 | $79,000 | $240,000 |
cumulative roi | $28 | $45 | $60 | $72 | $84 | $95 | $105 | $114 | $124 | $133 | $860 |
Y&S Condos
Address: Toronto C10, Ontario
Price Range: $1,182,000 - $1,999,000
Avail. suites: 10
2—3 bd
782—1224 SqFt