Suite number:
2101 - Riverdale Park
Project:
Address:
Toronto C13, Ontario
Developer:
DBS Developments
Property type:
condo
Bathrooms:
2
Bedrooms:
2
Size:
789 sqft
Occupancy Date:
Jun 2025
$899,900
Available
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Investment Period: 5 years
Yearly Return on Investment in Year 5
18.75%
Cumulative Return on Investment in Year 5
90.02%
Property Price at the End of Year 5
$1,159,000
Deposit Schedule
$5,000 at Signing
Total up to 5% in 30 days
$44,995
2.5% in 120 days
$22,498
12.5% on Occupancy
$112,488
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 | $47,000 | $49,000 | $52,000 | $54,000 | $57,000 | $60,000 | $63,000 | $67,000 | $70,000 | $74,000 | $594,000 |
rent income | $10,000 | $23,000 | $25,000 | $26,000 | $27,000 | $28,000 | $29,000 | $30,000 | $32,000 | $33,000 | $261,000 |
mortgage principal reduction | $5,000 | $12,000 | $12,000 | $13,000 | $14,000 | $14,000 | $15,000 | $15,000 | $16,000 | $17,000 | $133,000 |
deposit interest | $1,000 | - | - | - | - | - | - | - | - | - | $1,000 |
gst hst rebate | $24,000 | - | - | - | - | - | - | - | - | - | $24,000 |
total income return | $86,000 | $85,000 | $89,000 | $93,000 | $98,000 | $102,000 | $107,000 | $112,000 | $118,000 | $124,000 | $1,014,000 |
Expense/ Investment
Category | Y1 | Y2 | Y3 | Y4 | Y5 | Y6 | Y7 | Y8 | Y9 | Y10 | Total |
---|---|---|---|---|---|---|---|---|---|---|---|
deposit | $180,000 | - | - | - | - | - | - | - | - | - | $180,000 |
remaining balance payment | - | - | - | - | - | - | - | - | - | - | - |
closing cost | $68,000 | - | - | - | - | - | - | - | - | - | $68,000 |
operating expense | $4,000 | $11,000 | $11,000 | $12,000 | $12,000 | $12,000 | $13,000 | $13,000 | $14,000 | $14,000 | $116,000 |
mortgage payment | $18,000 | $44,000 | $44,000 | $44,000 | $44,000 | $44,000 | $44,000 | $44,000 | $44,000 | $44,000 | $412,000 |
total expense investment | $271,000 | $55,000 | $55,000 | $55,000 | $56,000 | $56,000 | $57,000 | $57,000 | $57,000 | $58,000 | $777,000 |
Other
Category | Y1 | Y2 | Y3 | Y4 | Y5 | Y6 | Y7 | Y8 | Y9 | Y10 | Total |
---|---|---|---|---|---|---|---|---|---|---|---|
net gain loss | -$184,326 | $30,000 | $34,000 | $38,000 | $42,000 | $46,000 | $51,000 | $55,000 | $61,000 | $66,000 | $237,000 |
cumulative roi | $30 | $48 | $63 | $77 | $90 | $102 | $114 | $125 | $136 | $147 | $932 |
Metro Park
Address: Toronto C13, Ontario
Price Range: $640,000 - $1,038,000
Avail. suites: 9
1—3 bd
478—965 SqFt