Suite number:
1S+D
Project:
Address:
Toronto C08, Ontario
Developer:
Reserve Properties
Property type:
condo
Bathrooms:
1
Bedrooms:
1.5
Size:
504 sqft
Occupancy Date:
May 2027
Price, CAD
$913,900
Available
ROI
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Investment Period: 5 years
Yearly Return on Investment in Year 5
21.42%
Cumulative Return on Investment in Year 5
98.79%
Property Price at the End of Year 5
$1,177,000
Deposit Schedule
$10,000 at Signing
Total up to 2.5% in 30 days
$22,848
2.5% in 90 days
$22,848
2.5% in 730 days
$22,848
12.5% on Occupancy
$114,238
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 | $47,000 | $50,000 | $53,000 | $55,000 | $58,000 | $61,000 | $64,000 | $68,000 | $71,000 | $75,000 | $603,000 |
| rent income | - | - | $10,000 | $18,000 | $19,000 | $20,000 | $21,000 | $21,000 | $22,000 | $23,000 | $155,000 |
| mortgage principal reduction | - | - | $7,000 | $12,000 | $13,000 | $13,000 | $14,000 | $14,000 | $15,000 | $16,000 | $104,000 |
| deposit interest | $2,000 | $2,000 | $4,000 | - | - | - | - | - | - | - | $8,000 |
| gst hst rebate | - | - | $24,000 | - | - | - | - | - | - | - | $24,000 |
| total income return | $49,000 | $52,000 | $97,000 | $86,000 | $90,000 | $94,000 | $99,000 | $104,000 | $109,000 | $114,000 | $894,000 |
Expense/ Investment
| Category | Y1 | Y2 | Y3 | Y4 | Y5 | Y6 | Y7 | Y8 | Y9 | Y10 | Total |
|---|---|---|---|---|---|---|---|---|---|---|---|
| deposit | $46,000 | - | $137,000 | - | - | - | - | - | - | - | $183,000 |
| remaining balance payment | - | - | - | - | - | - | - | - | - | - | - |
| closing cost | - | - | $69,000 | - | - | - | - | - | - | - | $69,000 |
| operating expense | - | - | $5,000 | $9,000 | $9,000 | $9,000 | $10,000 | $10,000 | $10,000 | $10,000 | $72,000 |
| mortgage payment | - | - | $26,000 | $44,000 | $44,000 | $44,000 | $44,000 | $44,000 | $44,000 | $44,000 | $337,000 |
| total expense investment | $46,000 | - | $237,000 | $53,000 | $53,000 | $54,000 | $54,000 | $54,000 | $55,000 | $55,000 | $660,000 |
Other
| Category | Y1 | Y2 | Y3 | Y4 | Y5 | Y6 | Y7 | Y8 | Y9 | Y10 | Total |
|---|---|---|---|---|---|---|---|---|---|---|---|
| net gain loss | $3,000 | $52,000 | -$139,244 | $32,000 | $36,000 | $40,000 | $45,000 | $49,000 | $54,000 | $59,000 | $233,000 |
| cumulative roi | $108 | $222 | $72 | $86 | $99 | $110 | $120 | $130 | $140 | $149 | $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