Suite number:
2111 - 1F
Project:
Address:
Toronto C08, Ontario
Developer:
Graywood Developments
Property type:
condo
Bathrooms:
1
Bedrooms:
1
Size:
486 sqft
Occupancy Date:
May 2025
$779,900
Available
Want to own a unit? —
Investment Period: 5 years
Yearly Return on Investment in Year 5
16.36%
Cumulative Return on Investment in Year 5
79.60%
Property Price at the End of Year 5
$1,005,000
Deposit Schedule
$5,000 at Signing
Total up to 2.5% in 30 days
$19,498
2.5% in 90 days
$19,498
10% on Occupancy
$77,990
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 | $40,000 | $43,000 | $45,000 | $47,000 | $50,000 | $52,000 | $55,000 | $58,000 | $61,000 | $64,000 | $515,000 |
rent income | $7,000 | $12,000 | $12,000 | $13,000 | $13,000 | $14,000 | $14,000 | $15,000 | $16,000 | $16,000 | $132,000 |
mortgage principal reduction | $6,000 | $10,000 | $10,000 | $11,000 | $11,000 | $12,000 | $13,000 | $13,000 | $14,000 | $14,000 | $114,000 |
deposit interest | $215 | - | - | - | - | - | - | - | - | - | $215 |
gst hst rebate | $24,000 | - | - | - | - | - | - | - | - | - | $24,000 |
total income return | $77,000 | $64,000 | $67,000 | $71,000 | $74,000 | $78,000 | $82,000 | $86,000 | $90,000 | $95,000 | $784,000 |
Expense/ Investment
Category | Y1 | Y2 | Y3 | Y4 | Y5 | Y6 | Y7 | Y8 | Y9 | Y10 | Total |
---|---|---|---|---|---|---|---|---|---|---|---|
deposit | $117,000 | - | - | - | - | - | - | - | - | - | $117,000 |
remaining balance payment | $39,000 | - | - | - | - | - | - | - | - | - | $39,000 |
closing cost | $65,000 | - | - | - | - | - | - | - | - | - | $65,000 |
operating expense | $4,000 | $7,000 | $7,000 | $7,000 | $8,000 | $8,000 | $8,000 | $8,000 | $8,000 | $8,000 | $73,000 |
mortgage payment | $23,000 | $39,000 | $39,000 | $39,000 | $39,000 | $39,000 | $39,000 | $39,000 | $39,000 | $39,000 | $374,000 |
total expense investment | $247,000 | $46,000 | $46,000 | $46,000 | $47,000 | $47,000 | $47,000 | $47,000 | $47,000 | $47,000 | $668,000 |
Other
Category | Y1 | Y2 | Y3 | Y4 | Y5 | Y6 | Y7 | Y8 | Y9 | Y10 | Total |
---|---|---|---|---|---|---|---|---|---|---|---|
net gain loss | -$170,613 | $18,000 | $21,000 | $24,000 | $28,000 | $31,000 | $35,000 | $39,000 | $43,000 | $47,000 | $116,000 |
cumulative roi | $30 | $45 | $58 | $69 | $80 | $89 | $98 | $106 | $114 | $122 | $811 |
The Goode Condos
Address: Toronto C08, Ontario
Price Range: $478,000 - $1,780,000
Avail. suites: 22
0—15 bd
263—1179 SqFt