Suite number:
1D+D
Project:
Address:
Toronto, Ontario
Developer:
Reserve Properties
Property type:
condo
Floor plan:
Bathrooms:
1
Bedrooms:
1.5
Size:
509 sqft
Occupancy Date:
May 2027
Price, CAD
$939,900
Available
ROI
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Investment Period: 5 years
Yearly Return on Investment in Year 5
20.62%
Cumulative Return on Investment in Year 5
95.56%
Property Price at the End of Year 5
$1,211,000
Deposit Schedule
$10,000 at Signing
Total up to 2.5% in 30 days
$23,498
2.5% in 90 days
$23,498
2.5% in 730 days
$23,498
12.5% on Occupancy
$117,488
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 | $49,000 | $51,000 | $54,000 | $57,000 | $60,000 | $63,000 | $66,000 | $70,000 | $73,000 | $77,000 | $620,000 |
| rent income | - | - | $13,000 | $18,000 | $19,000 | $20,000 | $21,000 | $22,000 | $23,000 | $24,000 | $160,000 |
| mortgage principal reduction | - | - | $9,000 | $12,000 | $13,000 | $13,000 | $14,000 | $15,000 | $15,000 | $16,000 | $106,000 |
| deposit interest | $2,000 | $2,000 | $3,000 | - | - | - | - | - | - | - | $8,000 |
| gst hst rebate | - | - | $24,000 | - | - | - | - | - | - | - | $24,000 |
| total income return | $51,000 | $54,000 | $103,000 | $87,000 | $92,000 | $96,000 | $101,000 | $106,000 | $111,000 | $117,000 | $917,000 |
Expense/ Investment
| Category | Y1 | Y2 | Y3 | Y4 | Y5 | Y6 | Y7 | Y8 | Y9 | Y10 | Total |
|---|---|---|---|---|---|---|---|---|---|---|---|
| deposit | $47,000 | - | $141,000 | - | - | - | - | - | - | - | $188,000 |
| remaining balance payment | - | - | - | - | - | - | - | - | - | - | - |
| closing cost | - | - | $71,000 | - | - | - | - | - | - | - | $71,000 |
| operating expense | - | - | $7,000 | $9,000 | $9,000 | $9,000 | $9,000 | $10,000 | $10,000 | $10,000 | $73,000 |
| mortgage payment | - | - | $35,000 | $47,000 | $47,000 | $47,000 | $47,000 | $47,000 | $47,000 | $47,000 | $365,000 |
| total expense investment | $47,000 | - | $254,000 | $56,000 | $56,000 | $56,000 | $57,000 | $57,000 | $57,000 | $57,000 | $697,000 |
Other
| Category | Y1 | Y2 | Y3 | Y4 | Y5 | Y6 | Y7 | Y8 | Y9 | Y10 | Total |
|---|---|---|---|---|---|---|---|---|---|---|---|
| net gain loss | $4,000 | $54,000 | -$150,789 | $31,000 | $35,000 | $40,000 | $44,000 | $49,000 | $54,000 | $60,000 | $221,000 |
| cumulative roi | $108 | $223 | $70 | $84 | $96 | $106 | $116 | $126 | $135 | $144 | $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