Suite number:
205 - Rhasody
Project:
Address:
Toronto C08, Ontario
Developer:
The Daniels Corporation
Property type:
condo
Floor plan:
Bathrooms:
2
Bedrooms:
1.5
Size:
825 sqft
Occupancy Date:
Jun 2022
Price, CAD
$749,900
Available
ROI
Want to own a unit? —
Investment Period: 5 years
Yearly Return on Investment in Year 5
32.12%
Cumulative Return on Investment in Year 5
157.93%
Property Price at the End of Year 5
$966,000
Deposit Schedule
$10,000 at Signing
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 | $39,000 | $41,000 | $43,000 | $45,000 | $48,000 | $50,000 | $53,000 | $56,000 | $58,000 | $62,000 | $495,000 |
| rent income | - | - | - | - | - | - | - | - | - | - | - |
| mortgage principal reduction | $34,000 | $11,000 | $11,000 | $12,000 | $13,000 | $13,000 | $14,000 | $14,000 | $15,000 | $16,000 | $153,000 |
| deposit interest | - | - | - | - | - | - | - | - | - | - | - |
| gst hst rebate | - | - | - | - | - | - | - | - | - | - | - |
| total income return | $72,000 | $52,000 | $55,000 | $57,000 | $60,000 | $63,000 | $67,000 | $70,000 | $74,000 | $77,000 | $648,000 |
Expense/ Investment
| Category | Y1 | Y2 | Y3 | Y4 | Y5 | Y6 | Y7 | Y8 | Y9 | Y10 | Total |
|---|---|---|---|---|---|---|---|---|---|---|---|
| deposit | - | - | - | - | - | - | - | - | - | - | - |
| remaining balance payment | - | - | - | - | - | - | - | - | - | - | - |
| closing cost | - | - | - | - | - | - | - | - | - | - | - |
| operating expense | - | - | - | - | - | - | - | - | - | - | - |
| mortgage payment | $38,000 | $38,000 | $38,000 | $38,000 | $38,000 | $38,000 | $38,000 | $38,000 | $38,000 | $38,000 | $376,000 |
| total expense investment | $38,000 | $38,000 | $38,000 | $38,000 | $38,000 | $38,000 | $38,000 | $38,000 | $38,000 | $38,000 | $376,000 |
Other
| Category | Y1 | Y2 | Y3 | Y4 | Y5 | Y6 | Y7 | Y8 | Y9 | Y10 | Total |
|---|---|---|---|---|---|---|---|---|---|---|---|
| net gain loss | $35,000 | $14,000 | $17,000 | $20,000 | $23,000 | $26,000 | $29,000 | $33,000 | $36,000 | $40,000 | $272,000 |
| cumulative roi | $193 | $166 | $159 | $157 | $158 | $160 | $162 | $165 | $169 | $172 | $2,000 |
Artworks Tower
Address: Toronto C08, Ontario
Price Range: $750,000 - $750,000
Avail. suites: 1
0—3.5 bd
366—1138 SqFt