Suite number:
Basil
Project:
Address:
Toronto C14, Ontario
Developer:
Capital Developments
Property type:
condo
Bathrooms:
2
Bedrooms:
1.5
Size:
620 sqft
Occupancy Date:
Sep 2025
$881,900
Available
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Investment Period: 5 years
Yearly Return on Investment in Year 5
18.90%
Cumulative Return on Investment in Year 5
90.33%
Property Price at the End of Year 5
$1,136,000
Deposit Schedule
$10,000 at Signing
Total up to 0% in 30 days
$20,000
0% in 90 days
$20,000
20% on Occupancy
$176,380
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 | $46,000 | $48,000 | $51,000 | $53,000 | $56,000 | $59,000 | $62,000 | $65,000 | $69,000 | $72,000 | $582,000 |
rent income | $5,000 | $22,000 | $23,000 | $24,000 | $25,000 | $26,000 | $27,000 | $28,000 | $30,000 | $31,000 | $241,000 |
mortgage principal reduction | $3,000 | $12,000 | $12,000 | $13,000 | $13,000 | $14,000 | $14,000 | $15,000 | $16,000 | $16,000 | $128,000 |
deposit interest | $1,000 | - | - | - | - | - | - | - | - | - | $1,000 |
gst hst rebate | $24,000 | - | - | - | - | - | - | - | - | - | $24,000 |
total income return | $79,000 | $82,000 | $86,000 | $90,000 | $94,000 | $99,000 | $104,000 | $109,000 | $114,000 | $120,000 | $976,000 |
Expense/ Investment
Category | Y1 | Y2 | Y3 | Y4 | Y5 | Y6 | Y7 | Y8 | Y9 | Y10 | Total |
---|---|---|---|---|---|---|---|---|---|---|---|
deposit | $216,000 | - | - | - | - | - | - | - | - | - | $216,000 |
remaining balance payment | - | - | - | - | - | - | - | - | - | - | - |
closing cost | $67,000 | - | - | - | - | - | - | - | - | - | $67,000 |
operating expense | $2,000 | $10,000 | $10,000 | $11,000 | $11,000 | $11,000 | $12,000 | $12,000 | $12,000 | $13,000 | $103,000 |
mortgage payment | $11,000 | $43,000 | $43,000 | $43,000 | $43,000 | $43,000 | $43,000 | $43,000 | $43,000 | $43,000 | $397,000 |
total expense investment | $297,000 | $53,000 | $53,000 | $53,000 | $54,000 | $54,000 | $54,000 | $55,000 | $55,000 | $56,000 | $784,000 |
Other
Category | Y1 | Y2 | Y3 | Y4 | Y5 | Y6 | Y7 | Y8 | Y9 | Y10 | Total |
---|---|---|---|---|---|---|---|---|---|---|---|
net gain loss | -$217,778 | $29,000 | $33,000 | $37,000 | $41,000 | $45,000 | $49,000 | $54,000 | $59,000 | $64,000 | $192,000 |
cumulative roi | $30 | $48 | $64 | $78 | $90 | $102 | $114 | $125 | $136 | $147 | $934 |
Olive Residences
Address: Toronto C14, Ontario
Price Range: $441,000 - $1,644,000
Avail. suites: 24
1—3.5 bd
278—1430 SqFt