Suite number:
2B / 2B + D (Sky Loft Collection)
Project:
Address:
Toronto C01, Ontario
Developer:
Concord Adex
Property type:
condo
Bathrooms:
2.5
Bedrooms:
2
Size:
1262 sqft
Occupancy Date:
Jan 2025
Price, CAD
$1,300,000
Available
ROI
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Investment Period: 5 years
Yearly Return on Investment in Year 5
18.73%
Cumulative Return on Investment in Year 5
88.95%
Property Price at the End of Year 5
$1,675,000
Deposit Schedule
$5 at Signing
Total up to 15% in 10484 days
$195,000
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 | $67,000 | $71,000 | $75,000 | $79,000 | $83,000 | $87,000 | $92,000 | $96,000 | $101,000 | $107,000 | $858,000 |
| rent income | $31,000 | $38,000 | $40,000 | $42,000 | $43,000 | $45,000 | $47,000 | $49,000 | $51,000 | $54,000 | $440,000 |
| mortgage principal reduction | $14,000 | $17,000 | $18,000 | $19,000 | $20,000 | $21,000 | $22,000 | $23,000 | $24,000 | $25,000 | $203,000 |
| deposit interest | $361 | - | - | - | - | - | - | - | - | - | $361 |
| gst hst rebate | $24,000 | - | - | - | - | - | - | - | - | - | $24,000 |
| total income return | $136,000 | $127,000 | $133,000 | $139,000 | $146,000 | $153,000 | $161,000 | $168,000 | $177,000 | $185,000 | $1,526,000 |
Expense/ Investment
| Category | Y1 | Y2 | Y3 | Y4 | Y5 | Y6 | Y7 | Y8 | Y9 | Y10 | Total |
|---|---|---|---|---|---|---|---|---|---|---|---|
| deposit | $195,000 | - | - | - | - | - | - | - | - | - | $195,000 |
| remaining balance payment | $65,000 | - | - | - | - | - | - | - | - | - | $65,000 |
| closing cost | $84,000 | - | - | - | - | - | - | - | - | - | $84,000 |
| operating expense | $16,000 | $19,000 | $20,000 | $21,000 | $21,000 | $22,000 | $23,000 | $23,000 | $24,000 | $25,000 | $213,000 |
| mortgage payment | $53,000 | $63,000 | $63,000 | $63,000 | $63,000 | $63,000 | $63,000 | $63,000 | $63,000 | $63,000 | $622,000 |
| total expense investment | $412,000 | $83,000 | $83,000 | $84,000 | $84,000 | $85,000 | $86,000 | $87,000 | $87,000 | $88,000 | $1,179,000 |
Other
| Category | Y1 | Y2 | Y3 | Y4 | Y5 | Y6 | Y7 | Y8 | Y9 | Y10 | Total |
|---|---|---|---|---|---|---|---|---|---|---|---|
| net gain loss | -$275,867 | $44,000 | $50,000 | $56,000 | $62,000 | $68,000 | $75,000 | $82,000 | $89,000 | $97,000 | $347,000 |
| cumulative roi | $28 | $46 | $62 | $76 | $89 | $101 | $113 | $125 | $136 | $148 | $924 |
Concord Canada House
Address: Toronto C01, Ontario
Price Range: $600,000 - $1,600,000
Avail. suites: 8
1—4 bd
0—2308 SqFt