Suite number:
MA1-05
Project:
Address:
Scarborough, Ontario
Developer:
95 Developments Inc
Property type:
condo
Floor plan:
Bathrooms:
1
Bedrooms:
1
Size:
560 sqft
Occupancy Date:
Jan 2025
Price, CAD
$549,990
Available
ROI
Want to own a unit? —
Investment Period: 5 years
Yearly Return on Investment in Year 5
16.92%
Cumulative Return on Investment in Year 5
85.90%
Property Price at the End of Year 5
$709,000
Deposit Schedule
$5,000 at Signing
Total up to 5% in 30 days
$27,500
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 | $29,000 | $30,000 | $32,000 | $33,000 | $35,000 | $37,000 | $39,000 | $41,000 | $43,000 | $45,000 | $363,000 |
| rent income | $12,000 | $14,000 | $14,000 | $15,000 | $15,000 | $16,000 | $17,000 | $17,000 | $18,000 | $19,000 | $157,000 |
| mortgage principal reduction | $6,000 | $7,000 | $7,000 | $8,000 | $8,000 | $9,000 | $9,000 | $9,000 | $10,000 | $10,000 | $84,000 |
| deposit interest | - | - | - | - | - | - | - | - | - | - | - |
| gst hst rebate | $24,000 | - | - | - | - | - | - | - | - | - | $24,000 |
| total income return | $71,000 | $51,000 | $53,000 | $56,000 | $59,000 | $61,000 | $64,000 | $68,000 | $71,000 | $74,000 | $628,000 |
Expense/ Investment
| Category | Y1 | Y2 | Y3 | Y4 | Y5 | Y6 | Y7 | Y8 | Y9 | Y10 | Total |
|---|---|---|---|---|---|---|---|---|---|---|---|
| deposit | $27,000 | - | - | - | - | - | - | - | - | - | $27,000 |
| remaining balance payment | $82,000 | - | - | - | - | - | - | - | - | - | $82,000 |
| closing cost | $48,000 | - | - | - | - | - | - | - | - | - | $48,000 |
| operating expense | $6,000 | $7,000 | $7,000 | $7,000 | $7,000 | $7,000 | $7,000 | $8,000 | $8,000 | $8,000 | $71,000 |
| mortgage payment | $25,000 | $28,000 | $28,000 | $28,000 | $28,000 | $28,000 | $28,000 | $28,000 | $28,000 | $28,000 | $273,000 |
| total expense investment | $189,000 | $34,000 | $34,000 | $34,000 | $35,000 | $35,000 | $35,000 | $35,000 | $35,000 | $35,000 | $502,000 |
Other
| Category | Y1 | Y2 | Y3 | Y4 | Y5 | Y6 | Y7 | Y8 | Y9 | Y10 | Total |
|---|---|---|---|---|---|---|---|---|---|---|---|
| net gain loss | -$118,488 | $17,000 | $19,000 | $21,000 | $24,000 | $27,000 | $30,000 | $33,000 | $36,000 | $39,000 | $126,000 |
| cumulative roi | $33 | $49 | $62 | $75 | $86 | $97 | $107 | $117 | $127 | $137 | $890 |
The Garden Series 2
Address: Scarborough, Ontario
Price Range: $500,000 - $1,045,000
Avail. suites: 9
1—4 bd
471—1226 SqFt