Suite number:
1T+D
Project:
Address:
Toronto, Ontario
Developer:
Reserve Properties
Property type:
condo
Floor plan:
Bathrooms:
1
Bedrooms:
1.5
Size:
474 sqft
Occupancy Date:
May 2027
Price, CAD
$891,900
Available
ROI
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Investment Period: 5 years
Yearly Return on Investment in Year 5
20.48%
Cumulative Return on Investment in Year 5
95.27%
Property Price at the End of Year 5
$1,149,000
Deposit Schedule
$10,000 at Signing
Total up to 2.5% in 30 days
$22,298
2.5% in 90 days
$22,298
2.5% in 730 days
$22,298
12.5% on Occupancy
$111,488
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 | $46,000 | $49,000 | $51,000 | $54,000 | $57,000 | $60,000 | $63,000 | $66,000 | $70,000 | $73,000 | $589,000 |
| rent income | - | - | $12,000 | $17,000 | $18,000 | $19,000 | $19,000 | $20,000 | $21,000 | $22,000 | $149,000 |
| mortgage principal reduction | - | - | $8,000 | $11,000 | $12,000 | $13,000 | $13,000 | $14,000 | $14,000 | $15,000 | $101,000 |
| deposit interest | $2,000 | $2,000 | $3,000 | - | - | - | - | - | - | - | $7,000 |
| gst hst rebate | - | - | $24,000 | - | - | - | - | - | - | - | $24,000 |
| total income return | $48,000 | $51,000 | $99,000 | $82,000 | $87,000 | $91,000 | $95,000 | $100,000 | $105,000 | $110,000 | $869,000 |
Expense/ Investment
| Category | Y1 | Y2 | Y3 | Y4 | Y5 | Y6 | Y7 | Y8 | Y9 | Y10 | Total |
|---|---|---|---|---|---|---|---|---|---|---|---|
| deposit | $45,000 | - | $134,000 | - | - | - | - | - | - | - | $178,000 |
| remaining balance payment | - | - | - | - | - | - | - | - | - | - | - |
| closing cost | - | - | $69,000 | - | - | - | - | - | - | - | $69,000 |
| operating expense | - | - | $6,000 | $8,000 | $8,000 | $9,000 | $9,000 | $9,000 | $9,000 | $9,000 | $68,000 |
| mortgage payment | - | - | $33,000 | $45,000 | $45,000 | $45,000 | $45,000 | $45,000 | $45,000 | $45,000 | $346,000 |
| total expense investment | $45,000 | - | $243,000 | $53,000 | $53,000 | $53,000 | $54,000 | $54,000 | $54,000 | $54,000 | $662,000 |
Other
| Category | Y1 | Y2 | Y3 | Y4 | Y5 | Y6 | Y7 | Y8 | Y9 | Y10 | Total |
|---|---|---|---|---|---|---|---|---|---|---|---|
| net gain loss | $4,000 | $51,000 | -$143,729 | $30,000 | $33,000 | $38,000 | $42,000 | $46,000 | $51,000 | $56,000 | $207,000 |
| cumulative roi | $108 | $223 | $70 | $84 | $95 | $106 | $116 | $125 | $134 | $143 | $1,000 |
8 Elm on Yonge
Address: Toronto, Ontario
Price Range: $711,000 - $1,545,000
Avail. suites: 18
0—3.5 bd
292—998 SqFt