Suite number:
1BDZC
Project:
Address:
Toronto W08, Ontario
Developer:
Mattamy Homes Canada
Property type:
condo
Bathrooms:
2
Bedrooms:
1.5
Size:
635 sqft
Occupancy Date:
Dec 2028
$695,990
Available
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Investment Period: 5 years
Yearly Return on Investment in Year 5
38.55%
Cumulative Return on Investment in Year 5
122.89%
Property Price at the End of Year 5
$897,000
Deposit Schedule
$5,000 at Signing
Total up to 5% in 30 days
$34,800
2.5% in 210 days
$17,400
2.5% in 600 days
$17,400
10% on Occupancy
$69,599
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 | $36,000 | $38,000 | $40,000 | $42,000 | $44,000 | $47,000 | $49,000 | $52,000 | $54,000 | $57,000 | $459,000 |
rent income | - | - | - | - | $20,000 | $23,000 | $24,000 | $25,000 | $26,000 | $27,000 | $147,000 |
mortgage principal reduction | - | - | - | - | $9,000 | $10,000 | $11,000 | $11,000 | $11,000 | $12,000 | $64,000 |
deposit interest | $2,000 | $4,000 | $4,000 | $4,000 | $228 | - | - | - | - | - | $14,000 |
gst hst rebate | - | - | - | - | $24,000 | - | - | - | - | - | $24,000 |
total income return | $38,000 | $42,000 | $44,000 | $46,000 | $98,000 | $80,000 | $84,000 | $88,000 | $92,000 | $96,000 | $708,000 |
Expense/ Investment
Category | Y1 | Y2 | Y3 | Y4 | Y5 | Y6 | Y7 | Y8 | Y9 | Y10 | Total |
---|---|---|---|---|---|---|---|---|---|---|---|
deposit | $52,000 | $17,000 | - | - | $70,000 | - | - | - | - | - | $139,000 |
remaining balance payment | - | - | - | - | - | - | - | - | - | - | - |
closing cost | - | - | - | - | $60,000 | - | - | - | - | - | $60,000 |
operating expense | - | - | - | - | $8,000 | $9,000 | $10,000 | $10,000 | $10,000 | $11,000 | $59,000 |
mortgage payment | - | - | - | - | $29,000 | $32,000 | $32,000 | $32,000 | $32,000 | $32,000 | $189,000 |
total expense investment | $52,000 | $17,000 | - | - | $167,000 | $41,000 | $42,000 | $42,000 | $42,000 | $43,000 | $446,000 |
Other
Category | Y1 | Y2 | Y3 | Y4 | Y5 | Y6 | Y7 | Y8 | Y9 | Y10 | Total |
---|---|---|---|---|---|---|---|---|---|---|---|
net gain loss | -$14,054 | $25,000 | $44,000 | $46,000 | -$69,086 | $39,000 | $42,000 | $46,000 | $50,000 | $54,000 | $261,000 |
cumulative roi | $73 | $115 | $178 | $244 | $123 | $139 | $154 | $168 | $183 | $197 | $2,000 |
The Clove
Address: Toronto W08, Ontario
Price Range: $441,000 - $1,007,000
Avail. suites: 15
0—3.5 bd
373—1003 SqFt