Suite number:

MA1D-15

Address:
Scarborough, Ontario
Developer:
95 Developments Inc
Property type:
condo
Floor plan:
Bathrooms:
1
Bedrooms:
1.5
Size:
646 sqft
Occupancy Date:
Jan 2025
Price, CAD
$824,990
Available
ROI
Want to own a unit? —
Investment Period: 5 years
Yearly Return on Investment in Year 5

18.85%

Cumulative Return on Investment in Year 5

92.20%

Property Price at the End of Year 5

$1,063,000

Deposit Schedule
$5,000 at Signing
Total up to 5% in 30 days
$41,250
Net Gain (Loss)
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Property Price Appreciation
Investment Details (10-Year Period)
Income/Return
CategoryY1Y2Y3Y4Y5Y6Y7Y8Y9Y10Total
property price appreciation$43,000$45,000$47,000$50,000$53,000$55,000$58,000$61,000$64,000$68,000$544,000
rent income$21,000$23,000$24,000$26,000$27,000$28,000$29,000$30,000$31,000$33,000$272,000
mortgage principal reduction$9,000$11,000$11,000$12,000$12,000$13,000$13,000$14,000$15,000$16,000$126,000
deposit interest-----------
gst hst rebate$24,000---------$24,000
total income return$97,000$79,000$83,000$87,000$91,000$96,000$101,000$105,000$111,000$116,000$966,000
Expense/ Investment
CategoryY1Y2Y3Y4Y5Y6Y7Y8Y9Y10Total
deposit$41,000---------$41,000
remaining balance payment$124,000---------$124,000
closing cost$53,000---------$53,000
operating expense$8,000$9,000$9,000$9,000$10,000$10,000$10,000$10,000$11,000$11,000$97,000
mortgage payment$38,000$41,000$41,000$41,000$41,000$41,000$41,000$41,000$41,000$41,000$410,000
total expense investment$264,000$50,000$50,000$51,000$51,000$51,000$51,000$52,000$52,000$52,000$725,000
Other
CategoryY1Y2Y3Y4Y5Y6Y7Y8Y9Y10Total
net gain loss-$167,596$29,000$33,000$36,000$40,000$45,000$49,000$54,000$59,000$64,000$241,000
cumulative roi$32$49$65$79$92$105$117$129$142$154$964
The Garden Series 2
Address: Scarborough, Ontario
Price Range: $500,000 - $1,045,000
Avail. suites: 9
1—4 bd
471—1226 SqFt