Suite number:
1K+D
Project:
Address:
Toronto C08, Ontario
Developer:
Reserve Properties
Property type:
condo
Bathrooms:
2
Bedrooms:
1.5
Size:
568 sqft
Occupancy Date:
May 2027
Price, CAD
$933,900
Available
ROI
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Investment Period: 5 years
Yearly Return on Investment in Year 5
21.68%
Cumulative Return on Investment in Year 5
99.80%
Property Price at the End of Year 5
$1,203,000
Deposit Schedule
$10,000 at Signing
Total up to 2.5% in 30 days
$23,348
2.5% in 90 days
$23,348
2.5% in 730 days
$23,348
12.5% on Occupancy
$116,738
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 | $48,000 | $51,000 | $54,000 | $57,000 | $59,000 | $63,000 | $66,000 | $69,000 | $73,000 | $77,000 | $616,000 |
| rent income | - | - | $12,000 | $20,000 | $21,000 | $22,000 | $23,000 | $24,000 | $25,000 | $26,000 | $175,000 |
| mortgage principal reduction | - | - | $7,000 | $12,000 | $13,000 | $14,000 | $14,000 | $15,000 | $15,000 | $16,000 | $106,000 |
| deposit interest | $2,000 | $2,000 | $4,000 | - | - | - | - | - | - | - | $8,000 |
| gst hst rebate | - | - | $24,000 | - | - | - | - | - | - | - | $24,000 |
| total income return | $50,000 | $54,000 | $100,000 | $89,000 | $94,000 | $98,000 | $103,000 | $108,000 | $114,000 | $119,000 | $929,000 |
Expense/ Investment
| Category | Y1 | Y2 | Y3 | Y4 | Y5 | Y6 | Y7 | Y8 | Y9 | Y10 | Total |
|---|---|---|---|---|---|---|---|---|---|---|---|
| deposit | $47,000 | - | $140,000 | - | - | - | - | - | - | - | $187,000 |
| remaining balance payment | - | - | - | - | - | - | - | - | - | - | - |
| closing cost | - | - | $69,000 | - | - | - | - | - | - | - | $69,000 |
| operating expense | - | - | $5,000 | $10,000 | $10,000 | $10,000 | $10,000 | $11,000 | $11,000 | $11,000 | $79,000 |
| mortgage payment | - | - | $26,000 | $45,000 | $45,000 | $45,000 | $45,000 | $45,000 | $45,000 | $45,000 | $344,000 |
| total expense investment | $47,000 | - | $241,000 | $55,000 | $55,000 | $56,000 | $56,000 | $56,000 | $57,000 | $57,000 | $679,000 |
Other
| Category | Y1 | Y2 | Y3 | Y4 | Y5 | Y6 | Y7 | Y8 | Y9 | Y10 | Total |
|---|---|---|---|---|---|---|---|---|---|---|---|
| net gain loss | $4,000 | $54,000 | -$141,388 | $34,000 | $38,000 | $43,000 | $47,000 | $52,000 | $57,000 | $62,000 | $250,000 |
| cumulative roi | $108 | $222 | $72 | $87 | $100 | $111 | $122 | $133 | $143 | $153 | $1,000 |
8 Elm on Yonge
Address: Toronto C08, Ontario
Price Range: $711,000 - $1,545,000
Avail. suites: 18
0—3.5 bd
292—998 SqFt