Suite number:
1308 - 2B 670
Project:
Address:
Toronto, Ontario
Developer:
Almadev
Property type:
condo
Floor plan:
Bathrooms:
2
Bedrooms:
2
Size:
670 sqft
Occupancy Date:
Sep 2026
Price, CAD
$799,900
Available
ROI
Want to own a unit? —
Investment Period: 5 years
Yearly Return on Investment in Year 5
18.34%
Cumulative Return on Investment in Year 5
87.67%
Property Price at the End of Year 5
$1,031,000
Deposit Schedule
$10,000 at Signing
Total up to 5% in 30 days
$39,995
5% on Occupancy
$39,995
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 | $41,000 | $44,000 | $46,000 | $48,000 | $51,000 | $54,000 | $56,000 | $59,000 | $62,000 | $66,000 | $528,000 |
| rent income | $2,000 | $20,000 | $20,000 | $21,000 | $22,000 | $23,000 | $24,000 | $25,000 | $26,000 | $27,000 | $211,000 |
| mortgage principal reduction | $805 | $10,000 | $10,000 | $11,000 | $11,000 | $12,000 | $13,000 | $13,000 | $14,000 | $14,000 | $109,000 |
| deposit interest | $10 | - | - | - | - | - | - | - | - | - | $10 |
| gst hst rebate | - | $24,000 | - | - | - | - | - | - | - | - | $24,000 |
| total income return | $44,000 | $97,000 | $77,000 | $81,000 | $85,000 | $89,000 | $93,000 | $98,000 | $102,000 | $108,000 | $873,000 |
Expense/ Investment
| Category | Y1 | Y2 | Y3 | Y4 | Y5 | Y6 | Y7 | Y8 | Y9 | Y10 | Total |
|---|---|---|---|---|---|---|---|---|---|---|---|
| deposit | $80,000 | - | - | - | - | - | - | - | - | - | $80,000 |
| remaining balance payment | $80,000 | - | - | - | - | - | - | - | - | - | $80,000 |
| closing cost | $65,000 | - | - | - | - | - | - | - | - | - | $65,000 |
| operating expense | $759 | $9,000 | $9,000 | $10,000 | $10,000 | $10,000 | $10,000 | $10,000 | $11,000 | $11,000 | $91,000 |
| mortgage payment | $3,000 | $40,000 | $40,000 | $40,000 | $40,000 | $40,000 | $40,000 | $40,000 | $40,000 | $40,000 | $364,000 |
| total expense investment | $230,000 | $49,000 | $49,000 | $50,000 | $50,000 | $50,000 | $50,000 | $51,000 | $51,000 | $51,000 | $680,000 |
Other
| Category | Y1 | Y2 | Y3 | Y4 | Y5 | Y6 | Y7 | Y8 | Y9 | Y10 | Total |
|---|---|---|---|---|---|---|---|---|---|---|---|
| net gain loss | -$185,607 | $48,000 | $27,000 | $31,000 | $35,000 | $39,000 | $43,000 | $47,000 | $52,000 | $56,000 | $192,000 |
| cumulative roi | $19 | $47 | $62 | $75 | $88 | $99 | $110 | $121 | $131 | $142 | $894 |
Galleria 3 Condos
Address: Toronto, Ontario
Price Range: $625,000 - $2,000,000
Avail. suites: 34
0—3.5 bd
395—1426 SqFt