Suite number:
B-530
Project:
Address:
Toronto, Ontario
Developer:
Equiton Developments
Property type:
condo
Floor plan:
Bathrooms:
1
Bedrooms:
1
Size:
530 sqft
Occupancy Date:
Oct 2027
Price, CAD
$714,900
Available
ROI
Want to own a unit? —
Investment Period: 5 years
Yearly Return on Investment in Year 5
18.86%
Cumulative Return on Investment in Year 5
89.69%
Property Price at the End of Year 5
$921,000
Deposit Schedule
$5,000 at Signing
Total up to 10% in 360 days
$71,490
2.5% in 540 days
$17,873
2.5% on Occupancy
$17,873
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 | $37,000 | $39,000 | $41,000 | $43,000 | $46,000 | $48,000 | $50,000 | $53,000 | $56,000 | $59,000 | $472,000 |
| rent income | - | $1,000 | $12,000 | $13,000 | $13,000 | $14,000 | $15,000 | $15,000 | $16,000 | $17,000 | $116,000 |
| mortgage principal reduction | - | $720 | $9,000 | $9,000 | $10,000 | $10,000 | $11,000 | $11,000 | $12,000 | $12,000 | $85,000 |
| deposit interest | $297 | $4,000 | - | - | - | - | - | - | - | - | $4,000 |
| gst hst rebate | - | - | $24,000 | - | - | - | - | - | - | - | $24,000 |
| total income return | $37,000 | $45,000 | $86,000 | $65,000 | $69,000 | $72,000 | $76,000 | $80,000 | $83,000 | $88,000 | $701,000 |
Expense/ Investment
| Category | Y1 | Y2 | Y3 | Y4 | Y5 | Y6 | Y7 | Y8 | Y9 | Y10 | Total |
|---|---|---|---|---|---|---|---|---|---|---|---|
| deposit | $71,000 | $36,000 | - | - | - | - | - | - | - | - | $107,000 |
| remaining balance payment | - | $36,000 | - | - | - | - | - | - | - | - | $36,000 |
| closing cost | - | $62,000 | - | - | - | - | - | - | - | - | $62,000 |
| operating expense | - | $635 | $8,000 | $8,000 | $8,000 | $8,000 | $8,000 | $9,000 | $9,000 | $9,000 | $67,000 |
| mortgage payment | - | $3,000 | $36,000 | $36,000 | $36,000 | $36,000 | $36,000 | $36,000 | $36,000 | $36,000 | $289,000 |
| total expense investment | $71,000 | $137,000 | $43,000 | $44,000 | $44,000 | $44,000 | $44,000 | $44,000 | $45,000 | $45,000 | $561,000 |
Other
| Category | Y1 | Y2 | Y3 | Y4 | Y5 | Y6 | Y7 | Y8 | Y9 | Y10 | Total |
|---|---|---|---|---|---|---|---|---|---|---|---|
| net gain loss | -$34,124 | -$92,540 | $43,000 | $22,000 | $25,000 | $28,000 | $32,000 | $35,000 | $39,000 | $43,000 | $140,000 |
| cumulative roi | $52 | $40 | $67 | $79 | $90 | $99 | $108 | $117 | $125 | $133 | $911 |
Maxium Condos
Address: Toronto, Ontario
Price Range: $400,000 - $1,450,000
Avail. suites: 46
0—3.5 bd
337—1156 SqFt