Suite number:
S1
Project:
Address:
Toronto, Ontario
Developer:
Tridel
Property type:
condo
Floor plan:
Bathrooms:
1
Bedrooms:
0
Size:
412 sqft
Occupancy Date:
Jun 2028
Price, CAD
$699,000
Available
ROI
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Investment Period: 5 years
Yearly Return on Investment in Year 5
21.43%
Cumulative Return on Investment in Year 5
103.84%
Property Price at the End of Year 5
$901,000
Deposit Schedule
$5 at Signing
Total up to 5% in 120 days
$34,950
5% in 270 days
$34,950
5% on Occupancy
$34,950
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 | $36,000 | $38,000 | $40,000 | $42,000 | $45,000 | $47,000 | $49,000 | $52,000 | $55,000 | $57,000 | $461,000 |
rent income | - | - | - | $7,000 | $8,000 | $8,000 | $8,000 | $9,000 | $9,000 | $9,000 | $57,000 |
mortgage principal reduction | - | - | - | $9,000 | $9,000 | $9,000 | $10,000 | $10,000 | $11,000 | $11,000 | $70,000 |
deposit interest | $4,000 | $7,000 | $5,000 | - | - | - | - | - | - | - | $16,000 |
gst hst rebate | - | - | - | $24,000 | - | - | - | - | - | - | $24,000 |
total income return | $40,000 | $46,000 | $46,000 | $82,000 | $61,000 | $64,000 | $67,000 | $71,000 | $74,000 | $78,000 | $629,000 |
Expense/ Investment
Category | Y1 | Y2 | Y3 | Y4 | Y5 | Y6 | Y7 | Y8 | Y9 | Y10 | Total |
---|---|---|---|---|---|---|---|---|---|---|---|
deposit | $70,000 | $35,000 | - | - | - | - | - | - | - | - | $105,000 |
remaining balance payment | - | - | $35,000 | - | - | - | - | - | - | - | $35,000 |
closing cost | - | - | $61,000 | - | - | - | - | - | - | - | $61,000 |
operating expense | - | - | - | $6,000 | $6,000 | $6,000 | $7,000 | $7,000 | $7,000 | $7,000 | $46,000 |
mortgage payment | - | - | - | $35,000 | $35,000 | $35,000 | $35,000 | $35,000 | $35,000 | $35,000 | $245,000 |
total expense investment | $70,000 | $35,000 | $96,000 | $41,000 | $41,000 | $41,000 | $42,000 | $42,000 | $42,000 | $42,000 | $492,000 |
Other
Category | Y1 | Y2 | Y3 | Y4 | Y5 | Y6 | Y7 | Y8 | Y9 | Y10 | Total |
---|---|---|---|---|---|---|---|---|---|---|---|
net gain loss | -$30,037 | $11,000 | -$50,738 | $41,000 | $20,000 | $23,000 | $26,000 | $29,000 | $32,000 | $36,000 | $136,000 |
cumulative roi | $57 | $81 | $71 | $95 | $104 | $111 | $118 | $125 | $131 | $137 | $1,000 |
Queen Church Condos
Address: Toronto, Ontario
Price Range: $699,000 - $1,357,000
Avail. suites: 12
0—3 bd
412—814 SqFt