Suite number:
1022 (Terrace)
Project:
Address:
Toronto W01, Ontario
Developer:
Curated Properties
Property type:
condo
Floor plan:
Bathrooms:
2
Bedrooms:
3
Size:
1022 sqft
Occupancy Date:
Jan 2028
Price, CAD
$1,300,900
Available
ROI
15,78%
Monthly Expenses
- condo fees— $695
- property taxes— $325
- property management— $184
- repairs and maintenance— $92
Total: $1,296
Want to own a unit? —
Investment Period: 5 years
Yearly Return on Investment in Year 5
24.36%
Cumulative Return on Investment in Year 5
109.74%
Property Price at the End of Year 5
$1,676,000
Deposit Schedule
$10,000 at Signing
Total up to 5% in 30 days
$65,045
2.5% in 120 days
$32,523
2.5% in 270 days
$32,523
2.5% in 540 days
$32,523
2.5% in 720 days
$32,523
Net Gain (Loss)
- Net Gain Loss
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Property Price Appreciation
- 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 | $859,000 |
rent income | - | - | - | $33,000 | $37,000 | $39,000 | $40,000 | $42,000 | $44,000 | $46,000 | $281,000 |
mortgage principal reduction | - | - | - | $15,000 | $17,000 | $18,000 | $18,000 | $19,000 | $20,000 | $21,000 | $128,000 |
deposit interest | -$4,584 | $12,000 | $10,000 | $250 | - | - | - | - | - | - | $18,000 |
gst hst rebate | - | - | - | $24,000 | - | - | - | - | - | - | $24,000 |
total income return | $63,000 | $84,000 | $85,000 | $150,000 | $137,000 | $143,000 | $150,000 | $158,000 | $166,000 | $174,000 | $1,310,000 |
Expense/ Investment
Category | Y1 | Y2 | Y3 | Y4 | Y5 | Y6 | Y7 | Y8 | Y9 | Y10 | Total |
---|---|---|---|---|---|---|---|---|---|---|---|
deposit | $130,000 | $65,000 | - | $65,000 | - | - | - | - | - | - | $260,000 |
remaining balance payment | - | - | - | - | - | - | - | - | - | - | - |
closing cost | - | - | - | $85,000 | - | - | - | - | - | - | $85,000 |
operating expense | - | - | - | $14,000 | $16,000 | $16,000 | $17,000 | $17,000 | $17,000 | $18,000 | $115,000 |
mortgage payment | - | - | - | $60,000 | $65,000 | $65,000 | $65,000 | $65,000 | $65,000 | $65,000 | $451,000 |
total expense investment | $130,000 | $65,000 | - | $225,000 | $81,000 | $81,000 | $82,000 | $82,000 | $83,000 | $83,000 | $912,000 |
Other
Category | Y1 | Y2 | Y3 | Y4 | Y5 | Y6 | Y7 | Y8 | Y9 | Y10 | Total |
---|---|---|---|---|---|---|---|---|---|---|---|
net gain loss | -$67,219 | $19,000 | $85,000 | -$74,103 | $56,000 | $62,000 | $69,000 | $76,000 | $83,000 | $91,000 | $398,000 |
cumulative roi | $52 | $75 | $119 | $96 | $110 | $123 | $135 | $146 | $158 | $169 | $1,000 |
8 Temple
Address: Toronto W01, Ontario
Price Range: $720,000 - $1,785,000
Avail. suites: 26
1—3.5 bd
447—1351 SqFt
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80% of Original Price
Options for changing mortgage terms
The rental rate per square foot.