Suite number:
116
Project:
Address:
Toronto W02, Ontario
Developer:
Medallion Capital Group
Property type:
condo
Floor plan:
Bathrooms:
2
Bedrooms:
2
Size:
1480 sqft
Occupancy Date:
Mar 2023
Status
This property is sold
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Investment Period: 5 years
Yearly Return on Investment in Year 5
31.86%
Cumulative Return on Investment in Year 5
152.34%
Property Price at the End of Year 5
$3,240,000
Deposit Schedule
$5,000 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 | $130,000 | $138,000 | $145,000 | $152,000 | $160,000 | $168,000 | $177,000 | $186,000 | $196,000 | $206,000 | $1,660,000 |
rent income | - | - | - | - | - | - | - | - | - | - | - |
mortgage principal reduction | $83,000 | $35,000 | $37,000 | $39,000 | $40,000 | $42,000 | $44,000 | $47,000 | $49,000 | $51,000 | $468,000 |
deposit interest | - | - | - | - | - | - | - | - | - | - | - |
gst hst rebate | - | - | - | - | - | - | - | - | - | - | - |
total income return | $214,000 | $173,000 | $182,000 | $191,000 | $201,000 | $211,000 | $222,000 | $233,000 | $245,000 | $258,000 | $2,128,000 |
Expense/ Investment
Category | Y1 | Y2 | Y3 | Y4 | Y5 | Y6 | Y7 | Y8 | Y9 | Y10 | Total |
---|---|---|---|---|---|---|---|---|---|---|---|
deposit | - | - | - | - | - | - | - | - | - | - | - |
remaining balance payment | - | - | - | - | - | - | - | - | - | - | - |
closing cost | - | - | - | - | - | - | - | - | - | - | - |
operating expense | - | - | - | - | - | - | - | - | - | - | - |
mortgage payment | $126,000 | $126,000 | $126,000 | $126,000 | $126,000 | $126,000 | $126,000 | $126,000 | $126,000 | $126,000 | $1,259,000 |
total expense investment | $126,000 | $126,000 | $126,000 | $126,000 | $126,000 | $126,000 | $126,000 | $126,000 | $126,000 | $126,000 | $1,259,000 |
Other
Category | Y1 | Y2 | Y3 | Y4 | Y5 | Y6 | Y7 | Y8 | Y9 | Y10 | Total |
---|---|---|---|---|---|---|---|---|---|---|---|
net gain loss | $88,000 | $47,000 | $56,000 | $65,000 | $75,000 | $85,000 | $96,000 | $107,000 | $119,000 | $132,000 | $868,000 |
cumulative roi | $170 | $153 | $150 | $151 | $152 | $155 | $158 | $161 | $165 | $169 | $2,000 |