Suite number:
The Cole
Project:
Address:
Toronto, Ontario
Developer:
The Sher Corporation
Property type:
condo
Floor plan:
Bathrooms:
2
Bedrooms:
3.5
Size:
1210 sqft
Occupancy Date:
Mar 2025
Price, CAD
$1,819,990
Available
ROI
Want to own a unit? —
Investment Period: 5 years
Yearly Return on Investment in Year 5
23.99%
Cumulative Return on Investment in Year 5
112.91%
Property Price at the End of Year 5
$2,345,000
Deposit Schedule
$5,000 at Signing
Total up to 5% in -287 days
$91,000
5% in -196 days
$91,000
5% on Occupancy
$91,000
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 | $95,000 | $100,000 | $105,000 | $110,000 | $116,000 | $122,000 | $128,000 | $135,000 | $142,000 | $149,000 | $1,202,000 |
| rent income | $35,000 | $44,000 | $46,000 | $48,000 | $50,000 | $52,000 | $54,000 | $56,000 | $59,000 | $61,000 | $504,000 |
| mortgage principal reduction | $19,000 | $23,000 | $25,000 | $26,000 | $27,000 | $28,000 | $30,000 | $31,000 | $33,000 | $34,000 | $275,000 |
| deposit interest | $4,000 | - | - | - | - | - | - | - | - | - | $4,000 |
| gst hst rebate | $24,000 | - | - | - | - | - | - | - | - | - | $24,000 |
| total income return | $177,000 | $167,000 | $175,000 | $183,000 | $193,000 | $202,000 | $212,000 | $222,000 | $233,000 | $245,000 | $2,009,000 |
Expense/ Investment
| Category | Y1 | Y2 | Y3 | Y4 | Y5 | Y6 | Y7 | Y8 | Y9 | Y10 | Total |
|---|---|---|---|---|---|---|---|---|---|---|---|
| deposit | $91,000 | - | - | - | - | - | - | - | - | - | $91,000 |
| remaining balance payment | $91,000 | - | - | - | - | - | - | - | - | - | $91,000 |
| closing cost | $106,000 | - | - | - | - | - | - | - | - | - | $106,000 |
| operating expense | $16,000 | $20,000 | $20,000 | $21,000 | $21,000 | $22,000 | $22,000 | $23,000 | $23,000 | $24,000 | $213,000 |
| mortgage payment | $76,000 | $91,000 | $91,000 | $91,000 | $91,000 | $91,000 | $91,000 | $91,000 | $91,000 | $91,000 | $896,000 |
| total expense investment | $380,000 | $111,000 | $112,000 | $112,000 | $112,000 | $113,000 | $113,000 | $114,000 | $115,000 | $115,000 | $1,398,000 |
Other
| Category | Y1 | Y2 | Y3 | Y4 | Y5 | Y6 | Y7 | Y8 | Y9 | Y10 | Total |
|---|---|---|---|---|---|---|---|---|---|---|---|
| net gain loss | -$203,658 | $56,000 | $63,000 | $71,000 | $80,000 | $89,000 | $98,000 | $108,000 | $119,000 | $130,000 | $611,000 |
| cumulative roi | $42 | $66 | $84 | $99 | $113 | $125 | $137 | $148 | $159 | $170 | $1,000 |
UOVO Boutique Residences
Address: Toronto, Ontario
Price Range: $1,000,000 - $4,000,000
Avail. suites: 19
1.5—3.5 bd
733—1996 SqFt