Suite number:
The Gillespie
Project:
Address:
Toronto, Ontario
Developer:
The Sher Corporation
Property type:
condo
Floor plan:
Bathrooms:
2
Bedrooms:
2.5
Size:
1162 sqft
Occupancy Date:
Mar 2025
Price, CAD
$1,609,990
Available
ROI
Want to own a unit? —
Investment Period: 5 years
Yearly Return on Investment in Year 5
24.32%
Cumulative Return on Investment in Year 5
115.05%
Property Price at the End of Year 5
$2,074,000
Deposit Schedule
$5,000 at Signing
Total up to 5% in -287 days
$80,500
5% in -196 days
$80,500
5% on Occupancy
$80,500
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 | $84,000 | $88,000 | $93,000 | $97,000 | $103,000 | $108,000 | $113,000 | $119,000 | $126,000 | $132,000 | $1,063,000 |
| rent income | $34,000 | $42,000 | $44,000 | $46,000 | $48,000 | $50,000 | $52,000 | $54,000 | $56,000 | $59,000 | $484,000 |
| mortgage principal reduction | $16,000 | $21,000 | $22,000 | $23,000 | $24,000 | $25,000 | $26,000 | $27,000 | $29,000 | $30,000 | $243,000 |
| deposit interest | $4,000 | - | - | - | - | - | - | - | - | - | $4,000 |
| gst hst rebate | $24,000 | - | - | - | - | - | - | - | - | - | $24,000 |
| total income return | $162,000 | $151,000 | $158,000 | $166,000 | $174,000 | $183,000 | $192,000 | $201,000 | $211,000 | $221,000 | $1,818,000 |
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 | $98,000 | - | - | - | - | - | - | - | - | - | $98,000 |
| operating expense | $15,000 | $19,000 | $19,000 | $20,000 | $20,000 | $21,000 | $21,000 | $21,000 | $22,000 | $23,000 | $200,000 |
| mortgage payment | $67,000 | $81,000 | $81,000 | $81,000 | $81,000 | $81,000 | $81,000 | $81,000 | $81,000 | $81,000 | $793,000 |
| total expense investment | $341,000 | $99,000 | $100,000 | $100,000 | $101,000 | $101,000 | $102,000 | $102,000 | $103,000 | $103,000 | $1,252,000 |
Other
| Category | Y1 | Y2 | Y3 | Y4 | Y5 | Y6 | Y7 | Y8 | Y9 | Y10 | Total |
|---|---|---|---|---|---|---|---|---|---|---|---|
| net gain loss | -$179,472 | $51,000 | $58,000 | $66,000 | $73,000 | $81,000 | $90,000 | $99,000 | $108,000 | $118,000 | $566,000 |
| cumulative roi | $43 | $66 | $85 | $101 | $115 | $128 | $140 | $152 | $164 | $176 | $1,000 |
UOVO Boutique Residences
Address: Toronto, Ontario
Price Range: $1,000,000 - $4,000,000
Avail. suites: 19
1.5—3.5 bd
733—1996 SqFt