Suite number:
226
Project:
Address:
Toronto C15, Ontario
Developer:
Originate Developments
Property type:
condo
Bathrooms:
2
Bedrooms:
2.5
Size:
680 sqft
Occupancy Date:
Mar 2025
Price, CAD
$1,130,000
Available
ROI
Want to own a unit? —
Investment Period: 5 years
Yearly Return on Investment in Year 5
18.16%
Cumulative Return on Investment in Year 5
86.37%
Property Price at the End of Year 5
$1,456,000
Deposit Schedule
$10,000 at Signing
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 | $59,000 | $62,000 | $65,000 | $68,000 | $72,000 | $76,000 | $80,000 | $84,000 | $88,000 | $93,000 | $746,000 |
| rent income | $16,000 | $25,000 | $26,000 | $27,000 | $28,000 | $29,000 | $30,000 | $32,000 | $33,000 | $34,000 | $279,000 |
| mortgage principal reduction | $10,000 | $15,000 | $16,000 | $16,000 | $17,000 | $18,000 | $19,000 | $20,000 | $21,000 | $22,000 | $173,000 |
| deposit interest | $158 | - | - | - | - | - | - | - | - | - | $158 |
| gst hst rebate | $24,000 | - | - | - | - | - | - | - | - | - | $24,000 |
| total income return | $108,000 | $101,000 | $106,000 | $112,000 | $117,000 | $123,000 | $129,000 | $135,000 | $142,000 | $149,000 | $1,221,000 |
Expense/ Investment
| Category | Y1 | Y2 | Y3 | Y4 | Y5 | Y6 | Y7 | Y8 | Y9 | Y10 | Total |
|---|---|---|---|---|---|---|---|---|---|---|---|
| deposit | $10,000 | - | - | - | - | - | - | - | - | - | $10,000 |
| remaining balance payment | $216,000 | - | - | - | - | - | - | - | - | - | $216,000 |
| closing cost | $77,000 | - | - | - | - | - | - | - | - | - | $77,000 |
| operating expense | $7,000 | $11,000 | $12,000 | $12,000 | $13,000 | $13,000 | $13,000 | $14,000 | $14,000 | $15,000 | $125,000 |
| mortgage payment | $37,000 | $55,000 | $55,000 | $55,000 | $55,000 | $55,000 | $55,000 | $55,000 | $55,000 | $55,000 | $531,000 |
| total expense investment | $347,000 | $66,000 | $67,000 | $67,000 | $68,000 | $68,000 | $68,000 | $69,000 | $69,000 | $70,000 | $959,000 |
Other
| Category | Y1 | Y2 | Y3 | Y4 | Y5 | Y6 | Y7 | Y8 | Y9 | Y10 | Total |
|---|---|---|---|---|---|---|---|---|---|---|---|
| net gain loss | -$238,964 | $35,000 | $40,000 | $44,000 | $49,000 | $55,000 | $60,000 | $66,000 | $72,000 | $79,000 | $262,000 |
| cumulative roi | $28 | $46 | $61 | $74 | $86 | $98 | $108 | $119 | $129 | $139 | $889 |
Six99
Address: Toronto C15, Ontario
Price Range: $635,000 - $1,998,000
Avail. suites: 22
1—3 bd
389—1198 SqFt