Suite number:
D4
Project:
Address:
Toronto, Ontario
Developer:
Sierra Communities
Property type:
condo
Floor plan:
Bathrooms:
2
Bedrooms:
2.5
Size:
746 sqft
Occupancy Date:
May 2026
Price, CAD
$929,900
Available
ROI
Want to own a unit? —
Investment Period: 5 years
Yearly Return on Investment in Year 5
19.06%
Cumulative Return on Investment in Year 5
90.86%
Property Price at the End of Year 5
$1,198,000
Deposit Schedule
$10,000 at Signing
Total up to 5% in 30 days
$46,495
5% in 180 days
$46,495
5% on Occupancy
$46,495
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 | $48,000 | $51,000 | $54,000 | $56,000 | $59,000 | $62,000 | $66,000 | $69,000 | $73,000 | $76,000 | $614,000 |
rent income | $9,000 | $26,000 | $28,000 | $29,000 | $30,000 | $31,000 | $33,000 | $34,000 | $35,000 | $37,000 | $292,000 |
mortgage principal reduction | $4,000 | $12,000 | $12,000 | $13,000 | $13,000 | $14,000 | $15,000 | $15,000 | $16,000 | $17,000 | $132,000 |
deposit interest | $437 | - | - | - | - | - | - | - | - | - | $437 |
gst hst rebate | $24,000 | - | - | - | - | - | - | - | - | - | $24,000 |
total income return | $85,000 | $89,000 | $93,000 | $98,000 | $103,000 | $108,000 | $113,000 | $118,000 | $124,000 | $130,000 | $1,062,000 |
Expense/ Investment
Category | Y1 | Y2 | Y3 | Y4 | Y5 | Y6 | Y7 | Y8 | Y9 | Y10 | Total |
---|---|---|---|---|---|---|---|---|---|---|---|
deposit | $139,000 | - | - | - | - | - | - | - | - | - | $139,000 |
remaining balance payment | $46,000 | - | - | - | - | - | - | - | - | - | $46,000 |
closing cost | $71,000 | - | - | - | - | - | - | - | - | - | $71,000 |
operating expense | $3,000 | $11,000 | $11,000 | $11,000 | $11,000 | $12,000 | $12,000 | $12,000 | $12,000 | $13,000 | $108,000 |
mortgage payment | $16,000 | $47,000 | $47,000 | $47,000 | $47,000 | $47,000 | $47,000 | $47,000 | $47,000 | $47,000 | $435,000 |
total expense investment | $276,000 | $57,000 | $57,000 | $58,000 | $58,000 | $58,000 | $58,000 | $59,000 | $59,000 | $59,000 | $799,000 |
Other
Category | Y1 | Y2 | Y3 | Y4 | Y5 | Y6 | Y7 | Y8 | Y9 | Y10 | Total |
---|---|---|---|---|---|---|---|---|---|---|---|
net gain loss | -$190,541 | $32,000 | $36,000 | $40,000 | $45,000 | $49,000 | $54,000 | $60,000 | $65,000 | $71,000 | $262,000 |
cumulative roi | $29 | $47 | $63 | $77 | $91 | $104 | $116 | $128 | $140 | $153 | $948 |
Motto Condos
Address: Toronto, Ontario
Price Range: $490,000 - $1,411,000
Avail. suites: 18
1—3.5 bd
362—1361 SqFt