Suite number:
Suite 4E
Project:
Address:
Toronto C02, Ontario
Developer:
Brandy Lane Homes
Property type:
condo
Floor plan:
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
16.40%
Cumulative Return on Investment in Year 5
77.04%
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 | $16,000 | $21,000 | $22,000 | $23,000 | $24,000 | $25,000 | $26,000 | $27,000 | $29,000 | $30,000 | $242,000 |
| deposit interest | - | - | - | - | - | - | - | - | - | - | - |
| gst hst rebate | $24,000 | - | - | - | - | - | - | - | - | - | $24,000 |
| total income return | $145,000 | $135,000 | $141,000 | $149,000 | $156,000 | $164,000 | $172,000 | $180,000 | $189,000 | $199,000 | $1,629,000 |
Expense/ Investment
| Category | Y1 | Y2 | Y3 | Y4 | Y5 | Y6 | Y7 | Y8 | Y9 | Y10 | Total |
|---|---|---|---|---|---|---|---|---|---|---|---|
| deposit | - | - | - | - | - | - | - | - | - | - | - |
| remaining balance payment | $320,000 | - | - | - | - | - | - | - | - | - | $320,000 |
| closing cost | $97,000 | - | - | - | - | - | - | - | - | - | $97,000 |
| operating expense | $17,000 | $21,000 | $21,000 | $22,000 | $22,000 | $23,000 | $23,000 | $24,000 | $24,000 | $25,000 | $221,000 |
| mortgage payment | $67,000 | $80,000 | $80,000 | $80,000 | $80,000 | $80,000 | $80,000 | $80,000 | $80,000 | $80,000 | $788,000 |
| total expense investment | $501,000 | $101,000 | $101,000 | $102,000 | $102,000 | $103,000 | $103,000 | $104,000 | $104,000 | $105,000 | $1,427,000 |
Other
| Category | Y1 | Y2 | Y3 | Y4 | Y5 | Y6 | Y7 | Y8 | Y9 | Y10 | Total |
|---|---|---|---|---|---|---|---|---|---|---|---|
| net gain loss | -$356,375 | $34,000 | $40,000 | $47,000 | $54,000 | $61,000 | $69,000 | $77,000 | $85,000 | $94,000 | $203,000 |
| cumulative roi | $26 | $42 | $56 | $67 | $77 | $86 | $95 | $103 | $111 | $119 | $782 |
The Davies
Address: Toronto C02, Ontario
Price Range: $1,600,000 - $3,400,000
Avail. suites: 4
2—2.5 bd
882—2900 SqFt