Suite number:
922 (Terrace Collection)
Project:
Address:
Toronto C08, Ontario
Developer:
Tridel
Property type:
condo
Bathrooms:
2.5
Bedrooms:
2
Size:
2275 sqft
Occupancy Date:
Jan 2025
$3,850,000
Available
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Investment Period: 5 years
Yearly Return on Investment in Year 5
18.02%
Cumulative Return on Investment in Year 5
82.75%
Property Price at the End of Year 5
$4,960,000
Deposit Schedule
$5 at Signing
Total up to 15% in 755 days
$577,500
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 | $200,000 | $211,000 | $222,000 | $233,000 | $245,000 | $258,000 | $271,000 | $285,000 | $300,000 | $316,000 | $2,541,000 |
rent income | $55,000 | $69,000 | $72,000 | $75,000 | $78,000 | $82,000 | $85,000 | $89,000 | $93,000 | $97,000 | $794,000 |
mortgage principal reduction | $41,000 | $52,000 | $54,000 | $56,000 | $59,000 | $62,000 | $65,000 | $68,000 | $71,000 | $74,000 | $601,000 |
deposit interest | $1,000 | - | - | - | - | - | - | - | - | - | $1,000 |
gst hst rebate | $24,000 | - | - | - | - | - | - | - | - | - | $24,000 |
total income return | $321,000 | $331,000 | $347,000 | $364,000 | $382,000 | $401,000 | $421,000 | $442,000 | $463,000 | $486,000 | $3,960,000 |
Expense/ Investment
Category | Y1 | Y2 | Y3 | Y4 | Y5 | Y6 | Y7 | Y8 | Y9 | Y10 | Total |
---|---|---|---|---|---|---|---|---|---|---|---|
deposit | $578,000 | - | - | - | - | - | - | - | - | - | $578,000 |
remaining balance payment | $193,000 | - | - | - | - | - | - | - | - | - | $193,000 |
closing cost | $204,000 | - | - | - | - | - | - | - | - | - | $204,000 |
operating expense | $28,000 | $34,000 | $35,000 | $37,000 | $38,000 | $39,000 | $40,000 | $41,000 | $43,000 | $44,000 | $380,000 |
mortgage payment | $156,000 | $187,000 | $187,000 | $187,000 | $187,000 | $187,000 | $187,000 | $187,000 | $187,000 | $187,000 | $1,841,000 |
total expense investment | $1,158,000 | $222,000 | $223,000 | $224,000 | $225,000 | $226,000 | $227,000 | $229,000 | $230,000 | $231,000 | $3,196,000 |
Other
Category | Y1 | Y2 | Y3 | Y4 | Y5 | Y6 | Y7 | Y8 | Y9 | Y10 | Total |
---|---|---|---|---|---|---|---|---|---|---|---|
net gain loss | -$837,045 | $109,000 | $125,000 | $141,000 | $157,000 | $175,000 | $194,000 | $213,000 | $233,000 | $255,000 | $765,000 |
cumulative roi | $24 | $43 | $58 | $71 | $83 | $94 | $104 | $114 | $123 | $133 | $845 |
Aqualuna Condos
Address: Toronto C08, Ontario
Price Range: $1,095,000 - $3,850,000
Avail. suites: 10
1—3.5 bd
802—4622 SqFt