Suite number:
C223
Project:
Address:
Toronto C13, Ontario
Developer:
Solotex Group
Property type:
townhouse
Bathrooms:
2
Bedrooms:
2.5
Size:
1493 sqft
Occupancy Date:
Dec 2023
Price, CAD
$1,599,990
Available
ROI
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Investment Period: 5 years
Yearly Return on Investment in Year 5
32.78%
Cumulative Return on Investment in Year 5
153.14%
Property Price at the End of Year 5
$2,061,000
Deposit Schedule
$10,000 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 | $83,000 | $88,000 | $92,000 | $97,000 | $102,000 | $107,000 | $113,000 | $119,000 | $125,000 | $131,000 | $1,056,000 |
| rent income | - | - | - | - | - | - | - | - | - | - | - |
| mortgage principal reduction | $39,000 | $22,000 | $23,000 | $25,000 | $26,000 | $27,000 | $28,000 | $29,000 | $31,000 | $32,000 | $282,000 |
| deposit interest | - | - | - | - | - | - | - | - | - | - | - |
| gst hst rebate | - | - | - | - | - | - | - | - | - | - | - |
| total income return | $122,000 | $110,000 | $116,000 | $121,000 | $128,000 | $134,000 | $141,000 | $148,000 | $155,000 | $163,000 | $1,338,000 |
Expense/ Investment
| Category | Y1 | Y2 | Y3 | Y4 | Y5 | Y6 | Y7 | Y8 | Y9 | Y10 | Total |
|---|---|---|---|---|---|---|---|---|---|---|---|
| deposit | - | - | - | - | - | - | - | - | - | - | - |
| remaining balance payment | - | - | - | - | - | - | - | - | - | - | - |
| closing cost | - | - | - | - | - | - | - | - | - | - | - |
| operating expense | - | - | - | - | - | - | - | - | - | - | - |
| mortgage payment | $78,000 | $78,000 | $78,000 | $78,000 | $78,000 | $78,000 | $78,000 | $78,000 | $78,000 | $78,000 | $778,000 |
| total expense investment | $78,000 | $78,000 | $78,000 | $78,000 | $78,000 | $78,000 | $78,000 | $78,000 | $78,000 | $78,000 | $778,000 |
Other
| Category | Y1 | Y2 | Y3 | Y4 | Y5 | Y6 | Y7 | Y8 | Y9 | Y10 | Total |
|---|---|---|---|---|---|---|---|---|---|---|---|
| net gain loss | $44,000 | $32,000 | $38,000 | $44,000 | $50,000 | $56,000 | $63,000 | $70,000 | $78,000 | $86,000 | $559,000 |
| cumulative roi | $156 | $149 | $149 | $150 | $153 | $156 | $160 | $164 | $168 | $172 | $2,000 |
The Vic Towns
Address: Toronto C13, Ontario
Price Range: $1,200,000 - $1,700,000
Avail. suites: 13
2—2.5 bd
1002—1660 SqFt