Suite number:
2R+D (Signature Collection)
Project:
Address:
Toronto W08, Ontario
Developer:
Tridel
Property type:
condo
Bathrooms:
2.5
Bedrooms:
2
Size:
1567 sqft
Occupancy Date:
Jan 2025
$2,230,000
Available
Want to own a unit? —
Investment Period: 5 years
Yearly Return on Investment in Year 5
18.22%
Cumulative Return on Investment in Year 5
84.74%
Property Price at the End of Year 5
$2,873,000
Deposit Schedule
$5 at Signing
Total up to 15% in 330 days
$334,500
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 | $116,000 | $122,000 | $128,000 | $135,000 | $142,000 | $149,000 | $157,000 | $165,000 | $174,000 | $183,000 | $1,472,000 |
rent income | $38,000 | $47,000 | $50,000 | $52,000 | $54,000 | $56,000 | $59,000 | $61,000 | $64,000 | $66,000 | $547,000 |
mortgage principal reduction | $24,000 | $30,000 | $31,000 | $33,000 | $34,000 | $36,000 | $37,000 | $39,000 | $41,000 | $43,000 | $348,000 |
deposit interest | $620 | - | - | - | - | - | - | - | - | - | $620 |
gst hst rebate | $24,000 | - | - | - | - | - | - | - | - | - | $24,000 |
total income return | $202,000 | $199,000 | $209,000 | $219,000 | $230,000 | $241,000 | $253,000 | $266,000 | $279,000 | $292,000 | $2,391,000 |
Expense/ Investment
Category | Y1 | Y2 | Y3 | Y4 | Y5 | Y6 | Y7 | Y8 | Y9 | Y10 | Total |
---|---|---|---|---|---|---|---|---|---|---|---|
deposit | $335,000 | - | - | - | - | - | - | - | - | - | $335,000 |
remaining balance payment | $112,000 | - | - | - | - | - | - | - | - | - | $112,000 |
closing cost | $123,000 | - | - | - | - | - | - | - | - | - | $123,000 |
operating expense | $20,000 | $24,000 | $25,000 | $26,000 | $27,000 | $28,000 | $28,000 | $29,000 | $30,000 | $31,000 | $269,000 |
mortgage payment | $90,000 | $108,000 | $108,000 | $108,000 | $108,000 | $108,000 | $108,000 | $108,000 | $108,000 | $108,000 | $1,067,000 |
total expense investment | $680,000 | $133,000 | $134,000 | $134,000 | $135,000 | $136,000 | $137,000 | $138,000 | $139,000 | $140,000 | $1,905,000 |
Other
Category | Y1 | Y2 | Y3 | Y4 | Y5 | Y6 | Y7 | Y8 | Y9 | Y10 | Total |
---|---|---|---|---|---|---|---|---|---|---|---|
net gain loss | -$477,261 | $67,000 | $76,000 | $85,000 | $95,000 | $105,000 | $116,000 | $128,000 | $140,000 | $153,000 | $486,000 |
cumulative roi | $26 | $44 | $59 | $73 | $85 | $96 | $107 | $117 | $127 | $137 | $869 |
Edenbridge on The Kingsway
Address: Toronto W08, Ontario
Price Range: $2,165,000 - $2,905,000
Avail. suites: 9
1—2.5 bd
637—2379 SqFt