Suite number:
C20
Project:
Address:
Toronto W07, Ontario
Developer:
Urban Capital
Property type:
condo
Bathrooms:
2
Bedrooms:
2
Size:
905 sqft
Occupancy Date:
Jan 2025
$795,000
Available
Want to own a unit? —
Investment Period: 5 years
Yearly Return on Investment in Year 5
19.15%
Cumulative Return on Investment in Year 5
93.97%
Property Price at the End of Year 5
$1,024,000
Deposit Schedule
$5,000 at Signing
Total up to 5% in 0 days
$39,750
5% on Occupancy
$39,750
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 | $41,000 | $43,000 | $46,000 | $48,000 | $51,000 | $53,000 | $56,000 | $59,000 | $62,000 | $65,000 | $525,000 |
rent income | $24,000 | $28,000 | $29,000 | $30,000 | $31,000 | $33,000 | $34,000 | $35,000 | $37,000 | $39,000 | $319,000 |
mortgage principal reduction | $9,000 | $11,000 | $11,000 | $12,000 | $12,000 | $13,000 | $13,000 | $14,000 | $15,000 | $15,000 | $125,000 |
deposit interest | -$68 | - | - | - | - | - | - | - | - | - | -$68 |
gst hst rebate | $24,000 | - | - | - | - | - | - | - | - | - | $24,000 |
total income return | $99,000 | $82,000 | $86,000 | $90,000 | $94,000 | $99,000 | $103,000 | $108,000 | $114,000 | $119,000 | $993,000 |
Expense/ Investment
Category | Y1 | Y2 | Y3 | Y4 | Y5 | Y6 | Y7 | Y8 | Y9 | Y10 | Total |
---|---|---|---|---|---|---|---|---|---|---|---|
deposit | $80,000 | - | - | - | - | - | - | - | - | - | $80,000 |
remaining balance payment | $80,000 | - | - | - | - | - | - | - | - | - | $80,000 |
closing cost | $64,000 | - | - | - | - | - | - | - | - | - | $64,000 |
operating expense | $10,000 | $12,000 | $12,000 | $12,000 | $13,000 | $13,000 | $14,000 | $14,000 | $14,000 | $15,000 | $129,000 |
mortgage payment | $35,000 | $39,000 | $39,000 | $39,000 | $39,000 | $39,000 | $39,000 | $39,000 | $39,000 | $39,000 | $383,000 |
total expense investment | $268,000 | $50,000 | $51,000 | $51,000 | $51,000 | $52,000 | $52,000 | $53,000 | $53,000 | $54,000 | $735,000 |
Other
Category | Y1 | Y2 | Y3 | Y4 | Y5 | Y6 | Y7 | Y8 | Y9 | Y10 | Total |
---|---|---|---|---|---|---|---|---|---|---|---|
net gain loss | -$169,690 | $31,000 | $35,000 | $39,000 | $43,000 | $47,000 | $51,000 | $56,000 | $61,000 | $66,000 | $258,000 |
cumulative roi | $31 | $49 | $65 | $80 | $94 | $108 | $121 | $135 | $149 | $163 | $993 |
Reina Condos
Address: Toronto W07, Ontario
Price Range: $595,000 - $1,545,000
Avail. suites: 15
1—3.5 bd
520—1485 SqFt