Suite number:
T-03 South Tower
Project:
Address:
Toronto C10, Ontario
Developer:
Reserve Properties
Property type:
condo
Bathrooms:
1
Bedrooms:
0
Size:
353 sqft
Occupancy Date:
Mar 2025
Price, CAD
$599,900
Available
ROI
Want to own a unit? —
Investment Period: 5 years
Yearly Return on Investment in Year 5
15.55%
Cumulative Return on Investment in Year 5
77.81%
Property Price at the End of Year 5
$773,000
Deposit Schedule
$5,000 at Signing
Total up to 2.5% in 30 days
$14,998
12.5% on Occupancy
$74,988
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 | $31,000 | $33,000 | $35,000 | $36,000 | $38,000 | $40,000 | $42,000 | $44,000 | $47,000 | $49,000 | $396,000 |
| rent income | $5,000 | $6,000 | $7,000 | $7,000 | $7,000 | $8,000 | $8,000 | $8,000 | $9,000 | $9,000 | $73,000 |
| mortgage principal reduction | $6,000 | $8,000 | $8,000 | $9,000 | $9,000 | $10,000 | $10,000 | $10,000 | $11,000 | $11,000 | $93,000 |
| deposit interest | $1 | - | - | - | - | - | - | - | - | - | $1 |
| gst hst rebate | $24,000 | - | - | - | - | - | - | - | - | - | $24,000 |
| total income return | $66,000 | $47,000 | $50,000 | $52,000 | $55,000 | $57,000 | $60,000 | $63,000 | $66,000 | $70,000 | $586,000 |
Expense/ Investment
| Category | Y1 | Y2 | Y3 | Y4 | Y5 | Y6 | Y7 | Y8 | Y9 | Y10 | Total |
|---|---|---|---|---|---|---|---|---|---|---|---|
| deposit | $90,000 | - | - | - | - | - | - | - | - | - | $90,000 |
| remaining balance payment | $30,000 | - | - | - | - | - | - | - | - | - | $30,000 |
| closing cost | $56,000 | - | - | - | - | - | - | - | - | - | $56,000 |
| operating expense | $4,000 | $5,000 | $5,000 | $5,000 | $5,000 | $6,000 | $6,000 | $6,000 | $6,000 | $6,000 | $54,000 |
| mortgage payment | $22,000 | $29,000 | $29,000 | $29,000 | $29,000 | $29,000 | $29,000 | $29,000 | $29,000 | $29,000 | $285,000 |
| total expense investment | $201,000 | $34,000 | $34,000 | $34,000 | $35,000 | $35,000 | $35,000 | $35,000 | $35,000 | $35,000 | $514,000 |
Other
| Category | Y1 | Y2 | Y3 | Y4 | Y5 | Y6 | Y7 | Y8 | Y9 | Y10 | Total |
|---|---|---|---|---|---|---|---|---|---|---|---|
| net gain loss | -$135,905 | $13,000 | $15,000 | $18,000 | $20,000 | $23,000 | $25,000 | $28,000 | $31,000 | $34,000 | $71,000 |
| cumulative roi | $31 | $46 | $58 | $68 | $78 | $86 | $94 | $102 | $110 | $117 | $791 |
Line 5 Condos
Address: Toronto C10, Ontario
Price Range: $600,000 - $980,000
Avail. suites: 18
0—3 bd
291—1656 SqFt