Suite number:
1A+D
Project:
Address:
Toronto, Ontario
Developer:
First Avenue Properties
Property type:
condo
Floor plan:
Bathrooms:
1
Bedrooms:
2.5
Size:
562 sqft
Occupancy Date:
Sep 2028
Price, CAD
$620,900
Available
ROI
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Investment Period: 5 years
Yearly Return on Investment in Year 5
23.74%
Cumulative Return on Investment in Year 5
115.31%
Property Price at the End of Year 5
$800,000
Deposit Schedule
$5,000 at Signing
Total up to 5% in 30 days
$31,045
5% in 180 days
$31,045
5% in 365 days
$31,045
5% on Occupancy
$31,045
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 | $32,000 | $34,000 | $36,000 | $38,000 | $40,000 | $42,000 | $44,000 | $46,000 | $48,000 | $51,000 | $410,000 |
rent income | - | - | - | $15,000 | $20,000 | $21,000 | $22,000 | $23,000 | $24,000 | $25,000 | $150,000 |
mortgage principal reduction | - | - | - | $6,000 | $8,000 | $8,000 | $9,000 | $9,000 | $10,000 | $10,000 | $60,000 |
deposit interest | $2,000 | $6,000 | $5,000 | $1,000 | - | - | - | - | - | - | $14,000 |
gst hst rebate | - | - | - | $24,000 | - | - | - | - | - | - | $24,000 |
total income return | $35,000 | $40,000 | $41,000 | $83,000 | $68,000 | $71,000 | $75,000 | $78,000 | $82,000 | $86,000 | $657,000 |
Expense/ Investment
Category | Y1 | Y2 | Y3 | Y4 | Y5 | Y6 | Y7 | Y8 | Y9 | Y10 | Total |
---|---|---|---|---|---|---|---|---|---|---|---|
deposit | $62,000 | $31,000 | - | $31,000 | - | - | - | - | - | - | $124,000 |
remaining balance payment | - | - | - | - | - | - | - | - | - | - | - |
closing cost | - | - | - | $58,000 | - | - | - | - | - | - | $58,000 |
operating expense | - | - | - | $6,000 | $8,000 | $8,000 | $8,000 | $8,000 | $9,000 | $9,000 | $56,000 |
mortgage payment | - | - | - | $23,000 | $31,000 | $31,000 | $31,000 | $31,000 | $31,000 | $31,000 | $210,000 |
total expense investment | $62,000 | $31,000 | - | $118,000 | $39,000 | $39,000 | $39,000 | $40,000 | $40,000 | $40,000 | $448,000 |
Other
Category | Y1 | Y2 | Y3 | Y4 | Y5 | Y6 | Y7 | Y8 | Y9 | Y10 | Total |
---|---|---|---|---|---|---|---|---|---|---|---|
net gain loss | -$27,580 | $9,000 | $41,000 | -$35,279 | $29,000 | $32,000 | $35,000 | $39,000 | $42,000 | $46,000 | $209,000 |
cumulative roi | $56 | $80 | $123 | $101 | $115 | $129 | $142 | $154 | $167 | $180 | $1,000 |
Wilson West
Address: Toronto, Ontario
Price Range: $533,000 - $1,072,000
Avail. suites: 40
0—3 bd
457—1129 SqFt