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
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Investment Period: 5 years
Yearly Return on Investment in Year 5
20.87%
Cumulative Return on Investment in Year 5
94.86%
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
2.5% in 730 days
$32,073
12.5% on Occupancy
$160,363
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 | - | - | $16,000 | $21,000 | $22,000 | $23,000 | $24,000 | $25,000 | $27,000 | $28,000 | $187,000 |
| mortgage principal reduction | - | - | $12,000 | $16,000 | $17,000 | $18,000 | $19,000 | $20,000 | $21,000 | $22,000 | $145,000 |
| deposit interest | $3,000 | $3,000 | $4,000 | - | - | - | - | - | - | - | $10,000 |
| gst hst rebate | - | - | $24,000 | - | - | - | - | - | - | - | $24,000 |
| total income return | $69,000 | $74,000 | $129,000 | $116,000 | $121,000 | $127,000 | $134,000 | $140,000 | $147,000 | $155,000 | $1,213,000 |
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 | - | - | $8,000 | $11,000 | $11,000 | $11,000 | $12,000 | $12,000 | $12,000 | $12,000 | $90,000 |
| mortgage payment | - | - | $48,000 | $64,000 | $64,000 | $64,000 | $64,000 | $64,000 | $64,000 | $64,000 | $498,000 |
| total expense investment | $64,000 | - | $333,000 | $75,000 | $75,000 | $76,000 | $76,000 | $76,000 | $76,000 | $77,000 | $929,000 |
Other
| Category | Y1 | Y2 | Y3 | Y4 | Y5 | Y6 | Y7 | Y8 | Y9 | Y10 | Total |
|---|---|---|---|---|---|---|---|---|---|---|---|
| net gain loss | $5,000 | $74,000 | -$204,101 | $40,000 | $46,000 | $52,000 | $58,000 | $64,000 | $71,000 | $78,000 | $284,000 |
| cumulative roi | $108 | $223 | $70 | $83 | $95 | $105 | $115 | $124 | $132 | $141 | $1,000 |
8 Elm on Yonge
Address: Toronto, Ontario
Price Range: $711,000 - $1,545,000
Avail. suites: 18
0—3.5 bd
292—998 SqFt