Suite number:
841 sq. ft.
Project:
Address:
Toronto C08, Ontario
Developer:
Minto Communities
Property type:
condo
Bathrooms:
2
Bedrooms:
2
Size:
841 sqft
Occupancy Date:
Dec 2024
$1,177,900
Available
Want to own a unit? —
Investment Period: 5 years
Yearly Return on Investment in Year 5
17.67%
Cumulative Return on Investment in Year 5
84.47%
Property Price at the End of Year 5
$1,517,000
Deposit Schedule
$10,000 at Signing
Total up to $58,900 in 10029 days
Net Gain (Loss)
Get Expert Advice
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 | $61,000 | $64,000 | $68,000 | $71,000 | $75,000 | $79,000 | $83,000 | $87,000 | $92,000 | $97,000 | $777,000 |
rent income | $23,000 | $26,000 | $27,000 | $28,000 | $29,000 | $30,000 | $32,000 | $33,000 | $34,000 | $36,000 | $296,000 |
mortgage principal reduction | $14,000 | $16,000 | $17,000 | $17,000 | $18,000 | $19,000 | $20,000 | $21,000 | $22,000 | $23,000 | $186,000 |
deposit interest | - | - | - | - | - | - | - | - | - | - | - |
gst hst rebate | $24,000 | - | - | - | - | - | - | - | - | - | $24,000 |
total income return | $122,000 | $106,000 | $111,000 | $116,000 | $122,000 | $128,000 | $134,000 | $141,000 | $148,000 | $155,000 | $1,284,000 |
Expense/ Investment
Category | Y1 | Y2 | Y3 | Y4 | Y5 | Y6 | Y7 | Y8 | Y9 | Y10 | Total |
---|---|---|---|---|---|---|---|---|---|---|---|
deposit | $59,000 | - | - | - | - | - | - | - | - | - | $59,000 |
remaining balance payment | $177,000 | - | - | - | - | - | - | - | - | - | $177,000 |
closing cost | $79,000 | - | - | - | - | - | - | - | - | - | $79,000 |
operating expense | $12,000 | $13,000 | $13,000 | $14,000 | $14,000 | $15,000 | $15,000 | $16,000 | $16,000 | $17,000 | $145,000 |
mortgage payment | $53,000 | $57,000 | $57,000 | $57,000 | $57,000 | $57,000 | $57,000 | $57,000 | $57,000 | $57,000 | $568,000 |
total expense investment | $379,000 | $70,000 | $71,000 | $71,000 | $72,000 | $72,000 | $73,000 | $73,000 | $74,000 | $74,000 | $1,028,000 |
Other
Category | Y1 | Y2 | Y3 | Y4 | Y5 | Y6 | Y7 | Y8 | Y9 | Y10 | Total |
---|---|---|---|---|---|---|---|---|---|---|---|
net gain loss | -$257,244 | $36,000 | $40,000 | $45,000 | $51,000 | $56,000 | $62,000 | $68,000 | $74,000 | $81,000 | $256,000 |
cumulative roi | $28 | $45 | $60 | $73 | $84 | $95 | $106 | $116 | $126 | $136 | $869 |
The Saint
Address: Toronto C08, Ontario
Price Range: $1,160,000 - $1,400,000
Avail. suites: 9
0—3 bd
380—1014 SqFt