Suite number:
617 - C-645
Project:
Address:
Toronto C08, Ontario
Developer:
Alterra
Property type:
condo
Floor plan:
Bathrooms:
2
Bedrooms:
2
Size:
645 sqft
Occupancy Date:
Mar 2025
Price, CAD
$839,990
Available
ROI
Want to own a unit? —
Investment Period: 5 years
Yearly Return on Investment in Year 5
17.28%
Cumulative Return on Investment in Year 5
84.16%
Property Price at the End of Year 5
$1,082,000
Deposit Schedule
$10,000 at Signing
Total up to 5% in 30 days
$42,000
5% on Occupancy
$42,000
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 | $44,000 | $46,000 | $48,000 | $51,000 | $53,000 | $56,000 | $59,000 | $62,000 | $66,000 | $69,000 | $554,000 |
| rent income | $16,000 | $20,000 | $20,000 | $21,000 | $22,000 | $23,000 | $24,000 | $25,000 | $26,000 | $27,000 | $225,000 |
| mortgage principal reduction | $9,000 | $11,000 | $11,000 | $12,000 | $12,000 | $13,000 | $14,000 | $14,000 | $15,000 | $16,000 | $127,000 |
| deposit interest | - | - | - | - | - | - | - | - | - | - | - |
| gst hst rebate | $24,000 | - | - | - | - | - | - | - | - | - | $24,000 |
| total income return | $92,000 | $76,000 | $80,000 | $84,000 | $88,000 | $92,000 | $97,000 | $102,000 | $107,000 | $112,000 | $930,000 |
Expense/ Investment
| Category | Y1 | Y2 | Y3 | Y4 | Y5 | Y6 | Y7 | Y8 | Y9 | Y10 | Total |
|---|---|---|---|---|---|---|---|---|---|---|---|
| deposit | $84,000 | - | - | - | - | - | - | - | - | - | $84,000 |
| remaining balance payment | $84,000 | - | - | - | - | - | - | - | - | - | $84,000 |
| closing cost | $67,000 | - | - | - | - | - | - | - | - | - | $67,000 |
| operating expense | $7,000 | $9,000 | $9,000 | $9,000 | $10,000 | $10,000 | $10,000 | $10,000 | $11,000 | $11,000 | $97,000 |
| mortgage payment | $35,000 | $42,000 | $42,000 | $42,000 | $42,000 | $42,000 | $42,000 | $42,000 | $42,000 | $42,000 | $414,000 |
| total expense investment | $278,000 | $51,000 | $51,000 | $52,000 | $52,000 | $52,000 | $52,000 | $52,000 | $53,000 | $53,000 | $746,000 |
Other
| Category | Y1 | Y2 | Y3 | Y4 | Y5 | Y6 | Y7 | Y8 | Y9 | Y10 | Total |
|---|---|---|---|---|---|---|---|---|---|---|---|
| net gain loss | -$185,639 | $25,000 | $29,000 | $32,000 | $36,000 | $40,000 | $45,000 | $49,000 | $54,000 | $59,000 | $184,000 |
| cumulative roi | $29 | $46 | $60 | $73 | $84 | $95 | $106 | $116 | $126 | $136 | $870 |
28 Eastern
Address: Toronto C08, Ontario
Price Range: $700,000 - $1,130,000
Avail. suites: 8
1.5—3 bd
537—918 SqFt