Suite number:
Park-1
Project:
Address:
Toronto C02, Ontario
Developer:
Great Gulf
Property type:
condo
Bathrooms:
2
Bedrooms:
2.5
Size:
1280 sqft
Occupancy Date:
Aug 2023
Price, CAD
$2,799,990
Available
ROI
Want to own a unit? —
Investment Period: 5 years
Yearly Return on Investment in Year 5
32.90%
Cumulative Return on Investment in Year 5
155.98%
Property Price at the End of Year 5
$3,607,000
Deposit Schedule
$10,000 at Signing
Total up to 5% in 9999 days
$140,000
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 | $145,000 | $153,000 | $161,000 | $169,000 | $178,000 | $188,000 | $197,000 | $208,000 | $218,000 | $230,000 | $1,848,000 |
| rent income | - | - | - | - | - | - | - | - | - | - | - |
| mortgage principal reduction | $84,000 | $40,000 | $42,000 | $44,000 | $46,000 | $48,000 | $50,000 | $52,000 | $55,000 | $57,000 | $517,000 |
| deposit interest | - | - | - | - | - | - | - | - | - | - | - |
| gst hst rebate | - | - | - | - | - | - | - | - | - | - | - |
| total income return | $229,000 | $193,000 | $203,000 | $213,000 | $224,000 | $235,000 | $247,000 | $260,000 | $273,000 | $287,000 | $2,365,000 |
Expense/ Investment
| Category | Y1 | Y2 | Y3 | Y4 | Y5 | Y6 | Y7 | Y8 | Y9 | Y10 | Total |
|---|---|---|---|---|---|---|---|---|---|---|---|
| deposit | - | - | - | - | - | - | - | - | - | - | - |
| remaining balance payment | - | - | - | - | - | - | - | - | - | - | - |
| closing cost | - | - | - | - | - | - | - | - | - | - | - |
| operating expense | - | - | - | - | - | - | - | - | - | - | - |
| mortgage payment | $136,000 | $136,000 | $136,000 | $136,000 | $136,000 | $136,000 | $136,000 | $136,000 | $136,000 | $136,000 | $1,362,000 |
| total expense investment | $136,000 | $136,000 | $136,000 | $136,000 | $136,000 | $136,000 | $136,000 | $136,000 | $136,000 | $136,000 | $1,362,000 |
Other
| Category | Y1 | Y2 | Y3 | Y4 | Y5 | Y6 | Y7 | Y8 | Y9 | Y10 | Total |
|---|---|---|---|---|---|---|---|---|---|---|---|
| net gain loss | $93,000 | $57,000 | $67,000 | $77,000 | $88,000 | $99,000 | $111,000 | $124,000 | $137,000 | $151,000 | $1,003,000 |
| cumulative roi | $168 | $155 | $153 | $154 | $156 | $159 | $162 | $166 | $170 | $174 | $2,000 |
8 Cumberland Condo
Address: Toronto C02, Ontario
Price Range: $1,250,000 - $2,900,000
Avail. suites: 6
0—3 bd
399—1845 SqFt