Suite number:
1102
Project:
Address:
Toronto C15, Ontario
Developer:
Canderel Residential Inc.
Property type:
condo
Bathrooms:
2
Bedrooms:
2
Size:
639 sqft
Occupancy Date:
Jan 2025
Price, CAD
$1,089,000
Available
ROI
Want to own a unit? —
Investment Period: 5 years
Yearly Return on Investment in Year 5
17.27%
Cumulative Return on Investment in Year 5
82.72%
Property Price at the End of Year 5
$1,403,000
Deposit Schedule
$10,000 at Signing
Total up to 5% in 30 days
$54,450
5% on Occupancy
$54,450
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 | $56,000 | $60,000 | $63,000 | $66,000 | $69,000 | $73,000 | $77,000 | $81,000 | $85,000 | $89,000 | $719,000 |
| rent income | $16,000 | $19,000 | $20,000 | $21,000 | $22,000 | $23,000 | $24,000 | $25,000 | $26,000 | $27,000 | $223,000 |
| mortgage principal reduction | $12,000 | $15,000 | $15,000 | $16,000 | $17,000 | $17,000 | $18,000 | $19,000 | $20,000 | $21,000 | $170,000 |
| deposit interest | $54 | - | - | - | - | - | - | - | - | - | $54 |
| gst hst rebate | $24,000 | - | - | - | - | - | - | - | - | - | $24,000 |
| total income return | $108,000 | $94,000 | $98,000 | $103,000 | $108,000 | $113,000 | $119,000 | $125,000 | $131,000 | $137,000 | $1,136,000 |
Expense/ Investment
| Category | Y1 | Y2 | Y3 | Y4 | Y5 | Y6 | Y7 | Y8 | Y9 | Y10 | Total |
|---|---|---|---|---|---|---|---|---|---|---|---|
| deposit | $109,000 | - | - | - | - | - | - | - | - | - | $109,000 |
| remaining balance payment | $109,000 | - | - | - | - | - | - | - | - | - | $109,000 |
| closing cost | $76,000 | - | - | - | - | - | - | - | - | - | $76,000 |
| operating expense | $8,000 | $10,000 | $10,000 | $11,000 | $11,000 | $12,000 | $12,000 | $12,000 | $13,000 | $13,000 | $112,000 |
| mortgage payment | $44,000 | $53,000 | $53,000 | $53,000 | $53,000 | $53,000 | $53,000 | $53,000 | $53,000 | $53,000 | $521,000 |
| total expense investment | $346,000 | $63,000 | $63,000 | $64,000 | $64,000 | $64,000 | $65,000 | $65,000 | $66,000 | $66,000 | $926,000 |
Other
| Category | Y1 | Y2 | Y3 | Y4 | Y5 | Y6 | Y7 | Y8 | Y9 | Y10 | Total |
|---|---|---|---|---|---|---|---|---|---|---|---|
| net gain loss | -$237,938 | $30,000 | $35,000 | $39,000 | $44,000 | $49,000 | $54,000 | $60,000 | $65,000 | $71,000 | $209,000 |
| cumulative roi | $28 | $45 | $59 | $72 | $83 | $93 | $103 | $112 | $121 | $130 | $847 |
625 Sheppard Condos
Address: Toronto C15, Ontario
Price Range: $1,000,000 - $1,670,000
Avail. suites: 4
0—3 bd
358—1345 SqFt