Suite number:
SUITE 13 - Level 2
Project:
Address:
Toronto C07, Ontario
Developer:
Addington Developments
Property type:
condo
Bathrooms:
2
Bedrooms:
2
Size:
725 sqft
Occupancy Date:
Jan 2027
$1,017,900
Available
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Investment Period: 5 years
Yearly Return on Investment in Year 5
21.10%
Cumulative Return on Investment in Year 5
97.80%
Property Price at the End of Year 5
$1,311,000
Deposit Schedule
$10,000 at Signing
Total up to 5% in 30 days
$50,895
5% in 120 days
$50,895
10% on Occupancy
$101,790
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 | $53,000 | $56,000 | $59,000 | $62,000 | $65,000 | $68,000 | $72,000 | $75,000 | $79,000 | $84,000 | $672,000 |
rent income | - | - | $19,000 | $22,000 | $23,000 | $24,000 | $25,000 | $26,000 | $27,000 | $28,000 | $195,000 |
mortgage principal reduction | - | - | $12,000 | $14,000 | $14,000 | $15,000 | $16,000 | $16,000 | $17,000 | $18,000 | $122,000 |
deposit interest | $4,000 | $5,000 | $421 | - | - | - | - | - | - | - | $9,000 |
gst hst rebate | - | - | $24,000 | - | - | - | - | - | - | - | $24,000 |
total income return | $56,000 | $61,000 | $114,000 | $97,000 | $102,000 | $107,000 | $112,000 | $118,000 | $124,000 | $130,000 | $1,022,000 |
Expense/ Investment
Category | Y1 | Y2 | Y3 | Y4 | Y5 | Y6 | Y7 | Y8 | Y9 | Y10 | Total |
---|---|---|---|---|---|---|---|---|---|---|---|
deposit | $102,000 | - | $102,000 | - | - | - | - | - | - | - | $204,000 |
remaining balance payment | - | - | - | - | - | - | - | - | - | - | - |
closing cost | - | - | $73,000 | - | - | - | - | - | - | - | $73,000 |
operating expense | - | - | $10,000 | $11,000 | $11,000 | $11,000 | $12,000 | $12,000 | $13,000 | $13,000 | $92,000 |
mortgage payment | - | - | $45,000 | $50,000 | $50,000 | $50,000 | $50,000 | $50,000 | $50,000 | $50,000 | $392,000 |
total expense investment | $102,000 | - | $229,000 | $60,000 | $61,000 | $61,000 | $61,000 | $62,000 | $62,000 | $62,000 | $760,000 |
Other
Category | Y1 | Y2 | Y3 | Y4 | Y5 | Y6 | Y7 | Y8 | Y9 | Y10 | Total |
---|---|---|---|---|---|---|---|---|---|---|---|
net gain loss | -$45,472 | $61,000 | -$114,931 | $37,000 | $42,000 | $46,000 | $51,000 | $56,000 | $62,000 | $67,000 | $262,000 |
cumulative roi | $55 | $115 | $71 | $85 | $98 | $109 | $120 | $130 | $140 | $150 | $1,000 |
Addington Park Condos
Address: Toronto C07, Ontario
Price Range: $539,000 - $1,330,000
Avail. suites: 52
0—2.5 bd
365—895 SqFt