Suite number:
2908 - 2F
Project:
Address:
Toronto C08, Ontario
Developer:
Graywood Developments
Property type:
condo
Bathrooms:
2
Bedrooms:
2
Size:
634 sqft
Occupancy Date:
May 2025
Price, CAD
$945,900
Available
ROI
Want to own a unit? —
Investment Period: 5 years
Yearly Return on Investment in Year 5
18.71%
Cumulative Return on Investment in Year 5
89.65%
Property Price at the End of Year 5
$1,219,000
Deposit Schedule
$5,000 at Signing
Total up to 5% in 30 days
$47,295
15% on Occupancy
$141,885
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 | $49,000 | $52,000 | $54,000 | $57,000 | $60,000 | $63,000 | $67,000 | $70,000 | $74,000 | $78,000 | $624,000 |
| rent income | $9,000 | $19,000 | $20,000 | $21,000 | $21,000 | $22,000 | $23,000 | $24,000 | $25,000 | $27,000 | $212,000 |
| mortgage principal reduction | $7,000 | $14,000 | $14,000 | $15,000 | $15,000 | $16,000 | $17,000 | $17,000 | $18,000 | $19,000 | $151,000 |
| deposit interest | $993 | - | - | - | - | - | - | - | - | - | $993 |
| gst hst rebate | $24,000 | - | - | - | - | - | - | - | - | - | $24,000 |
| total income return | $90,000 | $84,000 | $88,000 | $93,000 | $97,000 | $102,000 | $107,000 | $112,000 | $117,000 | $123,000 | $1,012,000 |
Expense/ Investment
| Category | Y1 | Y2 | Y3 | Y4 | Y5 | Y6 | Y7 | Y8 | Y9 | Y10 | Total |
|---|---|---|---|---|---|---|---|---|---|---|---|
| deposit | $189,000 | - | - | - | - | - | - | - | - | - | $189,000 |
| remaining balance payment | - | - | - | - | - | - | - | - | - | - | - |
| closing cost | $70,000 | - | - | - | - | - | - | - | - | - | $70,000 |
| operating expense | $5,000 | $9,000 | $10,000 | $10,000 | $10,000 | $11,000 | $11,000 | $11,000 | $12,000 | $12,000 | $100,000 |
| mortgage payment | $22,000 | $43,000 | $43,000 | $43,000 | $43,000 | $43,000 | $43,000 | $43,000 | $43,000 | $43,000 | $412,000 |
| total expense investment | $285,000 | $53,000 | $53,000 | $53,000 | $54,000 | $54,000 | $54,000 | $55,000 | $55,000 | $55,000 | $771,000 |
Other
| Category | Y1 | Y2 | Y3 | Y4 | Y5 | Y6 | Y7 | Y8 | Y9 | Y10 | Total |
|---|---|---|---|---|---|---|---|---|---|---|---|
| net gain loss | -$195,329 | $32,000 | $35,000 | $39,000 | $43,000 | $48,000 | $52,000 | $57,000 | $62,000 | $68,000 | $241,000 |
| cumulative roi | $30 | $48 | $63 | $77 | $90 | $101 | $113 | $123 | $134 | $144 | $923 |
The Goode Condos
Address: Toronto C08, Ontario
Price Range: $470,000 - $1,211,000
Avail. suites: 15
0—15 bd
263—1179 SqFt