Suite number:
Basil
Project:
Address:
Toronto C14, Ontario
Developer:
Capital Developments
Property type:
condo
Floor plan:
Bathrooms:
2
Bedrooms:
1.5
Size:
620 sqft
Occupancy Date:
Sep 2025
Price, CAD
$881,900
Available
ROI
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Investment Period: 5 years
Yearly Return on Investment in Year 5
18.32%
Cumulative Return on Investment in Year 5
87.79%
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 | $7,000 | $22,000 | $23,000 | $24,000 | $25,000 | $26,000 | $27,000 | $28,000 | $29,000 | $31,000 | $242,000 |
mortgage principal reduction | $4,000 | $11,000 | $12,000 | $12,000 | $13,000 | $13,000 | $14,000 | $15,000 | $15,000 | $16,000 | $125,000 |
deposit interest | $840 | - | - | - | - | - | - | - | - | - | $840 |
gst hst rebate | $24,000 | - | - | - | - | - | - | - | - | - | $24,000 |
total income return | $81,000 | $81,000 | $85,000 | $89,000 | $94,000 | $98,000 | $103,000 | $108,000 | $114,000 | $119,000 | $974,000 |
Expense/ Investment
Category | Y1 | Y2 | Y3 | Y4 | Y5 | Y6 | Y7 | Y8 | Y9 | Y10 | Total |
---|---|---|---|---|---|---|---|---|---|---|---|
deposit | $216,000 | - | - | - | - | - | - | - | - | - | $216,000 |
remaining balance payment | - | - | - | - | - | - | - | - | - | - | - |
closing cost | $69,000 | - | - | - | - | - | - | - | - | - | $69,000 |
operating expense | $3,000 | $10,000 | $10,000 | $10,000 | $11,000 | $11,000 | $11,000 | $11,000 | $12,000 | $12,000 | $101,000 |
mortgage payment | $15,000 | $44,000 | $44,000 | $44,000 | $44,000 | $44,000 | $44,000 | $44,000 | $44,000 | $44,000 | $412,000 |
total expense investment | $303,000 | $54,000 | $54,000 | $54,000 | $55,000 | $55,000 | $55,000 | $55,000 | $56,000 | $56,000 | $798,000 |
Other
Category | Y1 | Y2 | Y3 | Y4 | Y5 | Y6 | Y7 | Y8 | Y9 | Y10 | Total |
---|---|---|---|---|---|---|---|---|---|---|---|
net gain loss | -$221,733 | $27,000 | $31,000 | $35,000 | $39,000 | $43,000 | $48,000 | $53,000 | $58,000 | $63,000 | $176,000 |
cumulative roi | $29 | $47 | $62 | $75 | $88 | $99 | $111 | $121 | $132 | $143 | $908 |
Olive Residences
Address: Toronto C14, Ontario
Price Range: $441,000 - $1,644,000
Avail. suites: 22
1—3.5 bd
278—1430 SqFt