Suite number:
C6
Project:
Address:
Toronto, Ontario
Developer:
Sierra Communities
Property type:
condo
Floor plan:
Bathrooms:
2
Bedrooms:
1.5
Size:
599 sqft
Occupancy Date:
May 2026
Price, CAD
$782,900
Available
ROI
Want to own a unit? —
Investment Period: 5 years
Yearly Return on Investment in Year 5
18.98%
Cumulative Return on Investment in Year 5
91.61%
Property Price at the End of Year 5
$1,009,000
Deposit Schedule
$10,000 at Signing
Total up to 5% in 30 days
$39,145
5% in 180 days
$39,145
5% on Occupancy
$39,145
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 | $41,000 | $43,000 | $45,000 | $47,000 | $50,000 | $52,000 | $55,000 | $58,000 | $61,000 | $64,000 | $517,000 |
rent income | $2,000 | $21,000 | $22,000 | $23,000 | $24,000 | $25,000 | $26,000 | $27,000 | $28,000 | $29,000 | $227,000 |
mortgage principal reduction | $788 | $10,000 | $10,000 | $11,000 | $11,000 | $12,000 | $12,000 | $13,000 | $14,000 | $14,000 | $107,000 |
deposit interest | $2,000 | - | - | - | - | - | - | - | - | - | $2,000 |
gst hst rebate | - | $24,000 | - | - | - | - | - | - | - | - | $24,000 |
total income return | $46,000 | $98,000 | $77,000 | $81,000 | $85,000 | $89,000 | $93,000 | $98,000 | $103,000 | $108,000 | $877,000 |
Expense/ Investment
Category | Y1 | Y2 | Y3 | Y4 | Y5 | Y6 | Y7 | Y8 | Y9 | Y10 | Total |
---|---|---|---|---|---|---|---|---|---|---|---|
deposit | $117,000 | - | - | - | - | - | - | - | - | - | $117,000 |
remaining balance payment | $39,000 | - | - | - | - | - | - | - | - | - | $39,000 |
closing cost | $65,000 | - | - | - | - | - | - | - | - | - | $65,000 |
operating expense | $711 | $9,000 | $9,000 | $9,000 | $9,000 | $9,000 | $10,000 | $10,000 | $10,000 | $10,000 | $85,000 |
mortgage payment | $3,000 | $39,000 | $39,000 | $39,000 | $39,000 | $39,000 | $39,000 | $39,000 | $39,000 | $39,000 | $356,000 |
total expense investment | $225,000 | $48,000 | $48,000 | $48,000 | $48,000 | $49,000 | $49,000 | $49,000 | $49,000 | $50,000 | $663,000 |
Other
Category | Y1 | Y2 | Y3 | Y4 | Y5 | Y6 | Y7 | Y8 | Y9 | Y10 | Total |
---|---|---|---|---|---|---|---|---|---|---|---|
net gain loss | -$179,775 | $50,000 | $29,000 | $33,000 | $36,000 | $40,000 | $45,000 | $49,000 | $53,000 | $58,000 | $214,000 |
cumulative roi | $20 | $49 | $65 | $79 | $92 | $104 | $116 | $127 | $139 | $151 | $940 |
Motto Condos
Address: Toronto, Ontario
Price Range: $490,000 - $1,411,000
Avail. suites: 18
1—3.5 bd
362—1361 SqFt