Suite number:
Suite 4E
Project:
Address:
Toronto C02, Ontario
Developer:
Brandy Lane Homes
Property type:
condo
Bathrooms:
2
Bedrooms:
2
Size:
882 sqft
Occupancy Date:
Dec 2024
Price, CAD
$1,600,000
Available
ROI
Want to own a unit? —
Investment Period: 5 years
Yearly Return on Investment in Year 5
16.74%
Cumulative Return on Investment in Year 5
78.68%
Property Price at the End of Year 5
$2,061,000
Deposit Schedule
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 | $83,000 | $88,000 | $92,000 | $97,000 | $102,000 | $107,000 | $113,000 | $119,000 | $125,000 | $131,000 | $1,056,000 |
| rent income | $21,000 | $27,000 | $28,000 | $29,000 | $30,000 | $32,000 | $33,000 | $34,000 | $36,000 | $37,000 | $308,000 |
| mortgage principal reduction | $17,000 | $21,000 | $22,000 | $23,000 | $25,000 | $26,000 | $27,000 | $28,000 | $29,000 | $31,000 | $250,000 |
| deposit interest | - | - | - | - | - | - | - | - | - | - | - |
| gst hst rebate | $24,000 | - | - | - | - | - | - | - | - | - | $24,000 |
| total income return | $146,000 | $136,000 | $142,000 | $149,000 | $157,000 | $164,000 | $173,000 | $181,000 | $190,000 | $199,000 | $1,637,000 |
Expense/ Investment
| Category | Y1 | Y2 | Y3 | Y4 | Y5 | Y6 | Y7 | Y8 | Y9 | Y10 | Total |
|---|---|---|---|---|---|---|---|---|---|---|---|
| deposit | - | - | - | - | - | - | - | - | - | - | - |
| remaining balance payment | $320,000 | - | - | - | - | - | - | - | - | - | $320,000 |
| closing cost | $96,000 | - | - | - | - | - | - | - | - | - | $96,000 |
| operating expense | $17,000 | $21,000 | $22,000 | $22,000 | $23,000 | $24,000 | $24,000 | $25,000 | $26,000 | $27,000 | $231,000 |
| mortgage payment | $65,000 | $78,000 | $78,000 | $78,000 | $78,000 | $78,000 | $78,000 | $78,000 | $78,000 | $78,000 | $765,000 |
| total expense investment | $498,000 | $99,000 | $99,000 | $100,000 | $101,000 | $101,000 | $102,000 | $103,000 | $104,000 | $105,000 | $1,412,000 |
Other
| Category | Y1 | Y2 | Y3 | Y4 | Y5 | Y6 | Y7 | Y8 | Y9 | Y10 | Total |
|---|---|---|---|---|---|---|---|---|---|---|---|
| net gain loss | -$352,210 | $37,000 | $43,000 | $49,000 | $56,000 | $63,000 | $70,000 | $78,000 | $86,000 | $95,000 | $225,000 |
| cumulative roi | $26 | $43 | $57 | $68 | $79 | $88 | $97 | $105 | $113 | $121 | $798 |
The Davies
Address: Toronto C02, Ontario
Price Range: $1,600,000 - $3,400,000
Avail. suites: 4
2—2.5 bd
882—2900 SqFt