Suite number:
1B(L/W)
Project:
Address:
Toronto C03, Ontario
Developer:
Blackdoor Development Company
Property type:
condo
Floor plan:
Bathrooms:
Bedrooms:
Size:
998 sqft
Occupancy Date:
Jan 2025
Price, CAD
$1,369,900
Available
ROI
Want to own a unit? —
Investment Period: 5 years
Yearly Return on Investment in Year 5
17.61%
Cumulative Return on Investment in Year 5
83.54%
Property Price at the End of Year 5
$1,765,000
Deposit Schedule
$30,000 at Signing
Total up to 15% in 9999 days
$205,485
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 | $71,000 | $75,000 | $79,000 | $83,000 | $87,000 | $92,000 | $97,000 | $102,000 | $107,000 | $112,000 | $904,000 |
| rent income | $32,000 | $36,000 | $38,000 | $39,000 | $41,000 | $43,000 | $45,000 | $47,000 | $49,000 | $51,000 | $420,000 |
| mortgage principal reduction | $15,000 | $18,000 | $19,000 | $19,000 | $20,000 | $21,000 | $22,000 | $23,000 | $25,000 | $26,000 | $209,000 |
| deposit interest | - | - | - | - | - | - | - | - | - | - | - |
| gst hst rebate | $24,000 | - | - | - | - | - | - | - | - | - | $24,000 |
| total income return | $142,000 | $129,000 | $135,000 | $142,000 | $149,000 | $156,000 | $164,000 | $172,000 | $180,000 | $189,000 | $1,557,000 |
Expense/ Investment
| Category | Y1 | Y2 | Y3 | Y4 | Y5 | Y6 | Y7 | Y8 | Y9 | Y10 | Total |
|---|---|---|---|---|---|---|---|---|---|---|---|
| deposit | $205,000 | - | - | - | - | - | - | - | - | - | $205,000 |
| remaining balance payment | $68,000 | - | - | - | - | - | - | - | - | - | $68,000 |
| closing cost | $88,000 | - | - | - | - | - | - | - | - | - | $88,000 |
| operating expense | $18,000 | $20,000 | $21,000 | $21,000 | $22,000 | $22,000 | $23,000 | $23,000 | $24,000 | $24,000 | $219,000 |
| mortgage payment | $63,000 | $69,000 | $69,000 | $69,000 | $69,000 | $69,000 | $69,000 | $69,000 | $69,000 | $69,000 | $680,000 |
| total expense investment | $443,000 | $89,000 | $89,000 | $90,000 | $90,000 | $91,000 | $91,000 | $92,000 | $92,000 | $93,000 | $1,261,000 |
Other
| Category | Y1 | Y2 | Y3 | Y4 | Y5 | Y6 | Y7 | Y8 | Y9 | Y10 | Total |
|---|---|---|---|---|---|---|---|---|---|---|---|
| net gain loss | -$300,921 | $40,000 | $46,000 | $52,000 | $58,000 | $65,000 | $72,000 | $80,000 | $88,000 | $96,000 | $296,000 |
| cumulative roi | $27 | $44 | $59 | $72 | $84 | $95 | $105 | $116 | $126 | $136 | $862 |
The Rhodes
Address: Toronto C03, Ontario
Price Range: $1,370,000 - $5,170,000
Avail. suites: 13
1.5—3.5 bd
998—2915 SqFt