Suite number:
Residence 03 Palatial Collection
Address:
Toronto C08, Ontario
Developer:
Pinnacle International
Property type:
condo
Floor plan:
Bathrooms:
2
Bedrooms:
2
Size:
1215 sqft
Occupancy Date:
Dec 2022
Price, CAD
$1,969,900
Available
ROI
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Investment Period: 5 years
Yearly Return on Investment in Year 5
31.93%
Cumulative Return on Investment in Year 5
153.99%
Property Price at the End of Year 5
$2,538,000
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 | $102,000 | $108,000 | $113,000 | $119,000 | $125,000 | $132,000 | $139,000 | $146,000 | $154,000 | $162,000 | $1,300,000 |
| rent income | - | - | - | - | - | - | - | - | - | - | - |
| mortgage principal reduction | $72,000 | $28,000 | $29,000 | $31,000 | $32,000 | $34,000 | $35,000 | $37,000 | $39,000 | $41,000 | $377,000 |
| deposit interest | - | - | - | - | - | - | - | - | - | - | - |
| gst hst rebate | - | - | - | - | - | - | - | - | - | - | - |
| total income return | $174,000 | $136,000 | $143,000 | $150,000 | $158,000 | $166,000 | $174,000 | $183,000 | $192,000 | $202,000 | $1,677,000 |
Expense/ Investment
| Category | Y1 | Y2 | Y3 | Y4 | Y5 | Y6 | Y7 | Y8 | Y9 | Y10 | Total |
|---|---|---|---|---|---|---|---|---|---|---|---|
| deposit | - | - | - | - | - | - | - | - | - | - | - |
| remaining balance payment | - | - | - | - | - | - | - | - | - | - | - |
| closing cost | - | - | - | - | - | - | - | - | - | - | - |
| operating expense | - | - | - | - | - | - | - | - | - | - | - |
| mortgage payment | $99,000 | $99,000 | $99,000 | $99,000 | $99,000 | $99,000 | $99,000 | $99,000 | $99,000 | $99,000 | $986,000 |
| total expense investment | $99,000 | $99,000 | $99,000 | $99,000 | $99,000 | $99,000 | $99,000 | $99,000 | $99,000 | $99,000 | $986,000 |
Other
| Category | Y1 | Y2 | Y3 | Y4 | Y5 | Y6 | Y7 | Y8 | Y9 | Y10 | Total |
|---|---|---|---|---|---|---|---|---|---|---|---|
| net gain loss | $76,000 | $37,000 | $44,000 | $51,000 | $59,000 | $67,000 | $75,000 | $84,000 | $94,000 | $104,000 | $690,000 |
| cumulative roi | $177 | $157 | $153 | $153 | $154 | $156 | $159 | $162 | $166 | $170 | $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