Suite number:
Residence 02 Palatial Collection
Address:
Toronto C08, Ontario
Developer:
Pinnacle International
Property type:
condo
Bathrooms:
3
Bedrooms:
3.5
Size:
1694 sqft
Occupancy Date:
Dec 2022
Price, CAD
$2,784,900
Available
ROI
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Investment Period: 5 years
Yearly Return on Investment in Year 5
33.08%
Cumulative Return on Investment in Year 5
160.04%
Property Price at the End of Year 5
$3,588,000
Deposit Schedule
$5,000 at Signing
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 | $144,000 | $152,000 | $160,000 | $169,000 | $177,000 | $187,000 | $196,000 | $206,000 | $217,000 | $229,000 | $1,838,000 |
| rent income | - | - | - | - | - | - | - | - | - | - | - |
| mortgage principal reduction | $106,000 | $41,000 | $43,000 | $45,000 | $47,000 | $49,000 | $51,000 | $53,000 | $56,000 | $58,000 | $549,000 |
| deposit interest | - | - | - | - | - | - | - | - | - | - | - |
| gst hst rebate | - | - | - | - | - | - | - | - | - | - | - |
| total income return | $251,000 | $193,000 | $203,000 | $213,000 | $224,000 | $235,000 | $247,000 | $260,000 | $273,000 | $287,000 | $2,387,000 |
Expense/ Investment
| Category | Y1 | Y2 | Y3 | Y4 | Y5 | Y6 | Y7 | Y8 | Y9 | Y10 | Total |
|---|---|---|---|---|---|---|---|---|---|---|---|
| deposit | - | - | - | - | - | - | - | - | - | - | - |
| remaining balance payment | - | - | - | - | - | - | - | - | - | - | - |
| closing cost | - | - | - | - | - | - | - | - | - | - | - |
| operating expense | - | - | - | - | - | - | - | - | - | - | - |
| mortgage payment | $135,000 | $135,000 | $135,000 | $135,000 | $135,000 | $135,000 | $135,000 | $135,000 | $135,000 | $135,000 | $1,355,000 |
| total expense investment | $135,000 | $135,000 | $135,000 | $135,000 | $135,000 | $135,000 | $135,000 | $135,000 | $135,000 | $135,000 | $1,355,000 |
Other
| Category | Y1 | Y2 | Y3 | Y4 | Y5 | Y6 | Y7 | Y8 | Y9 | Y10 | Total |
|---|---|---|---|---|---|---|---|---|---|---|---|
| net gain loss | $115,000 | $58,000 | $67,000 | $78,000 | $89,000 | $100,000 | $112,000 | $124,000 | $138,000 | $152,000 | $1,032,000 |
| cumulative roi | $185 | $164 | $159 | $159 | $160 | $162 | $165 | $169 | $172 | $176 | $2,000 |
The Prestige Condos at Pinnacle One Yonge
Address: Toronto C08, Ontario
Price Range: $921,000 - $3,185,000
Avail. suites: 10
1—3.5 bd
508—1873 SqFt