Suite number:
MA1D-15
Project:
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
Category | Y1 | Y2 | Y3 | Y4 | Y5 | Y6 | Y7 | Y8 | Y9 | Y10 | Total |
---|---|---|---|---|---|---|---|---|---|---|---|
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
Category | Y1 | Y2 | Y3 | Y4 | Y5 | Y6 | Y7 | Y8 | Y9 | Y10 | Total |
---|---|---|---|---|---|---|---|---|---|---|---|
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
Category | Y1 | Y2 | Y3 | Y4 | Y5 | Y6 | Y7 | Y8 | Y9 | Y10 | Total |
---|---|---|---|---|---|---|---|---|---|---|---|
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