Suite number:
2A+M
Project:
Address:
Toronto, Ontario
Developer:
Reserve Properties
Property type:
condo
Floor plan:
Bathrooms:
2
Bedrooms:
2.5
Size:
596 sqft
Occupancy Date:
May 2027
Price, CAD
$1,282,900
Available
ROI
Want to own a unit? —
Investment Period: 5 years
Yearly Return on Investment in Year 5
19.33%
Cumulative Return on Investment in Year 5
88.53%
Property Price at the End of Year 5
$1,653,000
Deposit Schedule
$10,000 at Signing
Total up to 2.5% in 30 days
$32,073
2.5% in 90 days
$32,073
15% on Occupancy
$192,435
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 | $67,000 | $70,000 | $74,000 | $78,000 | $82,000 | $86,000 | $90,000 | $95,000 | $100,000 | $105,000 | $847,000 |
| rent income | - | $9,000 | $21,000 | $22,000 | $23,000 | $24,000 | $25,000 | $26,000 | $27,000 | $28,000 | $206,000 |
| mortgage principal reduction | - | $7,000 | $16,000 | $17,000 | $18,000 | $19,000 | $20,000 | $20,000 | $21,000 | $23,000 | $160,000 |
| deposit interest | $3,000 | $2,000 | - | - | - | - | - | - | - | - | $4,000 |
| gst hst rebate | - | $24,000 | - | - | - | - | - | - | - | - | $24,000 |
| total income return | $69,000 | $111,000 | $111,000 | $117,000 | $123,000 | $129,000 | $135,000 | $142,000 | $149,000 | $156,000 | $1,241,000 |
Expense/ Investment
| Category | Y1 | Y2 | Y3 | Y4 | Y5 | Y6 | Y7 | Y8 | Y9 | Y10 | Total |
|---|---|---|---|---|---|---|---|---|---|---|---|
| deposit | $64,000 | $192,000 | - | - | - | - | - | - | - | - | $257,000 |
| remaining balance payment | - | - | - | - | - | - | - | - | - | - | - |
| closing cost | - | $85,000 | - | - | - | - | - | - | - | - | $85,000 |
| operating expense | - | $4,000 | $11,000 | $11,000 | $11,000 | $12,000 | $12,000 | $12,000 | $12,000 | $13,000 | $98,000 |
| mortgage payment | - | $27,000 | $64,000 | $64,000 | $64,000 | $64,000 | $64,000 | $64,000 | $64,000 | $64,000 | $541,000 |
| total expense investment | $64,000 | $308,000 | $75,000 | $75,000 | $76,000 | $76,000 | $76,000 | $76,000 | $77,000 | $77,000 | $980,000 |
Other
| Category | Y1 | Y2 | Y3 | Y4 | Y5 | Y6 | Y7 | Y8 | Y9 | Y10 | Total |
|---|---|---|---|---|---|---|---|---|---|---|---|
| net gain loss | $5,000 | -$197,216 | $36,000 | $41,000 | $47,000 | $53,000 | $59,000 | $65,000 | $72,000 | $79,000 | $261,000 |
| cumulative roi | $108 | $48 | $64 | $77 | $89 | $99 | $109 | $118 | $127 | $135 | $972 |
8 Elm on Yonge
Address: Toronto, Ontario
Price Range: $711,000 - $1,545,000
Avail. suites: 18
0—3.5 bd
292—998 SqFt