Suite number:
A5
Project:
Address:
Toronto W07, Ontario
Developer:
Urban Capital
Property type:
condo
Bathrooms:
1
Bedrooms:
1
Size:
560 sqft
Occupancy Date:
Jan 2025
$595,000
Available
Want to own a unit? —
Investment Period: 5 years
Yearly Return on Investment in Year 5
16.71%
Cumulative Return on Investment in Year 5
84.14%
Property Price at the End of Year 5
$767,000
Deposit Schedule
$5,000 at Signing
Total up to 5% in 0 days
$29,750
5% on Occupancy
$29,750
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 | $31,000 | $33,000 | $34,000 | $36,000 | $38,000 | $40,000 | $42,000 | $44,000 | $46,000 | $49,000 | $393,000 |
rent income | $12,000 | $14,000 | $14,000 | $15,000 | $15,000 | $16,000 | $17,000 | $18,000 | $18,000 | $19,000 | $158,000 |
mortgage principal reduction | $7,000 | $8,000 | $8,000 | $9,000 | $9,000 | $10,000 | $10,000 | $10,000 | $11,000 | $11,000 | $94,000 |
deposit interest | -$51 | - | - | - | - | - | - | - | - | - | -$51 |
gst hst rebate | $24,000 | - | - | - | - | - | - | - | - | - | $24,000 |
total income return | $74,000 | $54,000 | $57,000 | $60,000 | $62,000 | $66,000 | $69,000 | $72,000 | $76,000 | $79,000 | $668,000 |
Expense/ Investment
Category | Y1 | Y2 | Y3 | Y4 | Y5 | Y6 | Y7 | Y8 | Y9 | Y10 | Total |
---|---|---|---|---|---|---|---|---|---|---|---|
deposit | $60,000 | - | - | - | - | - | - | - | - | - | $60,000 |
remaining balance payment | $60,000 | - | - | - | - | - | - | - | - | - | $60,000 |
closing cost | $56,000 | - | - | - | - | - | - | - | - | - | $56,000 |
operating expense | $6,000 | $7,000 | $7,000 | $8,000 | $8,000 | $8,000 | $8,000 | $9,000 | $9,000 | $9,000 | $80,000 |
mortgage payment | $27,000 | $29,000 | $29,000 | $29,000 | $29,000 | $29,000 | $29,000 | $29,000 | $29,000 | $29,000 | $287,000 |
total expense investment | $208,000 | $36,000 | $36,000 | $37,000 | $37,000 | $37,000 | $37,000 | $38,000 | $38,000 | $38,000 | $541,000 |
Other
Category | Y1 | Y2 | Y3 | Y4 | Y5 | Y6 | Y7 | Y8 | Y9 | Y10 | Total |
---|---|---|---|---|---|---|---|---|---|---|---|
net gain loss | -$133,821 | $18,000 | $20,000 | $23,000 | $26,000 | $29,000 | $31,000 | $35,000 | $38,000 | $41,000 | $127,000 |
cumulative roi | $32 | $47 | $61 | $73 | $84 | $95 | $105 | $115 | $124 | $134 | $869 |
Reina Condos
Address: Toronto W07, Ontario
Price Range: $595,000 - $1,545,000
Avail. suites: 15
1—3.5 bd
520—1485 SqFt