Suite number:
C23
Project:
Address:
Toronto W07, Ontario
Developer:
Urban Capital
Property type:
condo
Bathrooms:
2
Bedrooms:
2
Size:
955 sqft
Occupancy Date:
Jan 2025
$799,000
Available
Want to own a unit? —
Investment Period: 5 years
Yearly Return on Investment in Year 5
19.44%
Cumulative Return on Investment in Year 5
95.34%
Property Price at the End of Year 5
$1,029,000
Deposit Schedule
$5,000 at Signing
Total up to 5% in 0 days
$39,950
5% on Occupancy
$39,950
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 | $44,000 | $46,000 | $48,000 | $51,000 | $54,000 | $56,000 | $59,000 | $62,000 | $66,000 | $527,000 |
rent income | $26,000 | $29,000 | $30,000 | $32,000 | $33,000 | $34,000 | $36,000 | $37,000 | $39,000 | $41,000 | $337,000 |
mortgage principal reduction | $9,000 | $11,000 | $11,000 | $12,000 | $12,000 | $13,000 | $13,000 | $14,000 | $15,000 | $15,000 | $126,000 |
deposit interest | -$68 | - | - | - | - | - | - | - | - | - | -$68 |
gst hst rebate | $24,000 | - | - | - | - | - | - | - | - | - | $24,000 |
total income return | $100,000 | $83,000 | $87,000 | $92,000 | $96,000 | $101,000 | $106,000 | $111,000 | $116,000 | $122,000 | $1,014,000 |
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 | $11,000 | $12,000 | $12,000 | $13,000 | $13,000 | $14,000 | $14,000 | $15,000 | $15,000 | $16,000 | $134,000 |
mortgage payment | $36,000 | $39,000 | $39,000 | $39,000 | $39,000 | $39,000 | $39,000 | $39,000 | $39,000 | $39,000 | $385,000 |
total expense investment | $270,000 | $51,000 | $51,000 | $52,000 | $52,000 | $53,000 | $53,000 | $53,000 | $54,000 | $54,000 | $744,000 |
Other
Category | Y1 | Y2 | Y3 | Y4 | Y5 | Y6 | Y7 | Y8 | Y9 | Y10 | Total |
---|---|---|---|---|---|---|---|---|---|---|---|
net gain loss | -$169,693 | $33,000 | $36,000 | $40,000 | $44,000 | $48,000 | $53,000 | $57,000 | $62,000 | $67,000 | $270,000 |
cumulative roi | $31 | $49 | $65 | $81 | $95 | $110 | $124 | $138 | $152 | $167 | $1,000 |
Reina Condos
Address: Toronto W07, Ontario
Price Range: $595,000 - $1,545,000
Avail. suites: 15
1—3.5 bd
520—1485 SqFt