Suite number:
1814 - 1H - B
Project:
Address:
Toronto C08, Ontario
Developer:
Graywood Developments
Property type:
condo
Bathrooms:
1
Bedrooms:
1
Size:
508 sqft
Occupancy Date:
May 2025
$742,900
Available
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Investment Period: 5 years
Yearly Return on Investment in Year 5
16.43%
Cumulative Return on Investment in Year 5
80.27%
Property Price at the End of Year 5
$957,000
Deposit Schedule
$5,000 at Signing
Total up to 2.5% in 30 days
$18,573
2.5% in 90 days
$18,573
10% on Occupancy
$74,290
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 | $39,000 | $41,000 | $43,000 | $45,000 | $47,000 | $50,000 | $52,000 | $55,000 | $58,000 | $61,000 | $490,000 |
rent income | $7,000 | $12,000 | $13,000 | $13,000 | $14,000 | $14,000 | $15,000 | $16,000 | $16,000 | $17,000 | $137,000 |
mortgage principal reduction | $5,000 | $9,000 | $10,000 | $10,000 | $11,000 | $11,000 | $12,000 | $13,000 | $13,000 | $14,000 | $109,000 |
deposit interest | $204 | - | - | - | - | - | - | - | - | - | $204 |
gst hst rebate | $24,000 | - | - | - | - | - | - | - | - | - | $24,000 |
total income return | $75,000 | $62,000 | $65,000 | $69,000 | $72,000 | $76,000 | $79,000 | $83,000 | $87,000 | $92,000 | $761,000 |
Expense/ Investment
Category | Y1 | Y2 | Y3 | Y4 | Y5 | Y6 | Y7 | Y8 | Y9 | Y10 | Total |
---|---|---|---|---|---|---|---|---|---|---|---|
deposit | $111,000 | - | - | - | - | - | - | - | - | - | $111,000 |
remaining balance payment | $37,000 | - | - | - | - | - | - | - | - | - | $37,000 |
closing cost | $63,000 | - | - | - | - | - | - | - | - | - | $63,000 |
operating expense | $4,000 | $7,000 | $7,000 | $7,000 | $8,000 | $8,000 | $8,000 | $8,000 | $8,000 | $9,000 | $74,000 |
mortgage payment | $22,000 | $37,000 | $37,000 | $37,000 | $37,000 | $37,000 | $37,000 | $37,000 | $37,000 | $37,000 | $357,000 |
total expense investment | $238,000 | $44,000 | $44,000 | $45,000 | $45,000 | $45,000 | $45,000 | $45,000 | $46,000 | $46,000 | $643,000 |
Other
Category | Y1 | Y2 | Y3 | Y4 | Y5 | Y6 | Y7 | Y8 | Y9 | Y10 | Total |
---|---|---|---|---|---|---|---|---|---|---|---|
net gain loss | -$162,601 | $18,000 | $21,000 | $24,000 | $27,000 | $31,000 | $34,000 | $38,000 | $42,000 | $46,000 | $118,000 |
cumulative roi | $30 | $45 | $59 | $70 | $80 | $90 | $99 | $107 | $116 | $124 | $820 |
The Goode Condos
Address: Toronto C08, Ontario
Price Range: $478,000 - $1,780,000
Avail. suites: 22
0—15 bd
263—1179 SqFt