Suite number:
Dundas 375
Project:
Address:
Toronto C08, Ontario
Developer:
Menkes Developments Ltd.
Property type:
condo
Bathrooms:
1
Bedrooms:
0
Size:
375 sqft
Occupancy Date:
Sep 2028
$593,990
Available
Want to own a unit? —
Investment Period: 5 years
Yearly Return on Investment in Year 5
24.21%
Cumulative Return on Investment in Year 5
117.40%
Property Price at the End of Year 5
$765,000
Deposit Schedule
$10,000 at Signing
Total up to 5% in 30 days
$29,700
2.5% in 90 days
$14,850
2.5% in 180 days
$14,850
2.5% in 540 days
$14,850
2.5% in 900 days
$14,850
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 | $32,000 | $34,000 | $36,000 | $38,000 | $40,000 | $42,000 | $44,000 | $46,000 | $49,000 | $392,000 |
rent income | - | - | - | $1,000 | $7,000 | $7,000 | $7,000 | $8,000 | $8,000 | $8,000 | $45,000 |
mortgage principal reduction | - | - | - | $1,000 | $8,000 | $8,000 | $8,000 | $9,000 | $9,000 | $10,000 | $53,000 |
deposit interest | $3,000 | $4,000 | $6,000 | $4,000 | - | - | - | - | - | - | $17,000 |
gst hst rebate | - | - | - | $24,000 | - | - | - | - | - | - | $24,000 |
total income return | $33,000 | $37,000 | $40,000 | $66,000 | $52,000 | $55,000 | $58,000 | $60,000 | $63,000 | $67,000 | $531,000 |
Expense/ Investment
Category | Y1 | Y2 | Y3 | Y4 | Y5 | Y6 | Y7 | Y8 | Y9 | Y10 | Total |
---|---|---|---|---|---|---|---|---|---|---|---|
deposit | $59,000 | $15,000 | $15,000 | $30,000 | - | - | - | - | - | - | $119,000 |
remaining balance payment | - | - | - | - | - | - | - | - | - | - | - |
closing cost | - | - | - | $56,000 | - | - | - | - | - | - | $56,000 |
operating expense | - | - | - | $938 | $6,000 | $6,000 | $6,000 | $6,000 | $6,000 | $7,000 | $38,000 |
mortgage payment | - | - | - | $5,000 | $29,000 | $29,000 | $29,000 | $29,000 | $29,000 | $29,000 | $178,000 |
total expense investment | $59,000 | $15,000 | $15,000 | $91,000 | $35,000 | $35,000 | $35,000 | $35,000 | $35,000 | $35,000 | $390,000 |
Other
Category | Y1 | Y2 | Y3 | Y4 | Y5 | Y6 | Y7 | Y8 | Y9 | Y10 | Total |
---|---|---|---|---|---|---|---|---|---|---|---|
net gain loss | -$25,986 | $22,000 | $25,000 | -$25,255 | $18,000 | $20,000 | $23,000 | $25,000 | $28,000 | $31,000 | $141,000 |
cumulative roi | $56 | $95 | $124 | $109 | $117 | $124 | $131 | $137 | $143 | $149 | $1,000 |
Elektra Condos
Address: Toronto C08, Ontario
Price Range: $594,000 - $1,271,000
Avail. suites: 17
0—3 bd
375—909 SqFt