Suite number:
BLACK PEARL
Project:
Address:
Toronto, Ontario
Developer:
Altree Developments
Property type:
condo
Floor plan:
Bathrooms:
2
Bedrooms:
2
Size:
934 sqft
Occupancy Date:
Sep 2026
Price, CAD
$1,314,990
Available
ROI
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Investment Period: 5 years
Yearly Return on Investment in Year 5
19.93%
Cumulative Return on Investment in Year 5
91.30%
Property Price at the End of Year 5
$1,695,000
Deposit Schedule
$10,000 at Signing
Total up to 5% in 30 days
$65,750
2.5% in 180 days
$32,875
2.5% in 365 days
$32,875
2.5% in 540 days
$32,875
7.5% on Occupancy
$98,624
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 | $69,000 | $72,000 | $76,000 | $80,000 | $84,000 | $88,000 | $93,000 | $98,000 | $103,000 | $108,000 | $869,000 |
rent income | - | $9,000 | $28,000 | $29,000 | $30,000 | $31,000 | $33,000 | $34,000 | $35,000 | $37,000 | $266,000 |
mortgage principal reduction | - | $5,000 | $16,000 | $17,000 | $18,000 | $19,000 | $20,000 | $21,000 | $22,000 | $23,000 | $162,000 |
deposit interest | -$264 | $6,000 | - | - | - | - | - | - | - | - | $6,000 |
gst hst rebate | - | $24,000 | - | - | - | - | - | - | - | - | $24,000 |
total income return | $69,000 | $116,000 | $120,000 | $126,000 | $132,000 | $138,000 | $145,000 | $152,000 | $160,000 | $168,000 | $1,327,000 |
Expense/ Investment
Category | Y1 | Y2 | Y3 | Y4 | Y5 | Y6 | Y7 | Y8 | Y9 | Y10 | Total |
---|---|---|---|---|---|---|---|---|---|---|---|
deposit | $131,000 | $131,000 | - | - | - | - | - | - | - | - | $263,000 |
remaining balance payment | - | - | - | - | - | - | - | - | - | - | - |
closing cost | - | $86,000 | - | - | - | - | - | - | - | - | $86,000 |
operating expense | - | $5,000 | $14,000 | $15,000 | $15,000 | $15,000 | $16,000 | $16,000 | $16,000 | $17,000 | $128,000 |
mortgage payment | - | $22,000 | $66,000 | $66,000 | $66,000 | $66,000 | $66,000 | $66,000 | $66,000 | $66,000 | $549,000 |
total expense investment | $131,000 | $244,000 | $80,000 | $80,000 | $81,000 | $81,000 | $81,000 | $82,000 | $82,000 | $82,000 | $1,026,000 |
Other
Category | Y1 | Y2 | Y3 | Y4 | Y5 | Y6 | Y7 | Y8 | Y9 | Y10 | Total |
---|---|---|---|---|---|---|---|---|---|---|---|
net gain loss | -$62,799 | -$127,952 | $40,000 | $45,000 | $51,000 | $57,000 | $64,000 | $71,000 | $78,000 | $85,000 | $301,000 |
cumulative roi | $52 | $49 | $66 | $79 | $91 | $102 | $113 | $122 | $132 | $141 | $949 |
Kingside Residences
Address: Toronto, Ontario
Price Range: $495,000 - $1,445,000
Avail. suites: 34
0—3.5 bd
339—1098 SqFt