Suite number:
A391 - 808
Project:
Address:
Toronto, Ontario
Developer:
Originate Developments
Property type:
condo
Floor plan:
Bathrooms:
1
Bedrooms:
0
Size:
391 sqft
Occupancy Date:
Jan 2027
Price, CAD
$644,990
Available
ROI
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Investment Period: 5 years
Yearly Return on Investment in Year 5
22.46%
Cumulative Return on Investment in Year 5
109.31%
Property Price at the End of Year 5
$831,000
Deposit Schedule
$10,000 at Signing
Total up to 5% in -415 days
$32,250
5% in -50 days
$32,250
5% in 15 days
$32,250
5% on Occupancy
$32,250
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 | $33,000 | $35,000 | $37,000 | $39,000 | $41,000 | $43,000 | $45,000 | $48,000 | $50,000 | $53,000 | $426,000 |
| rent income | - | $3,000 | $7,000 | $7,000 | $8,000 | $8,000 | $8,000 | $9,000 | $9,000 | $9,000 | $68,000 |
| mortgage principal reduction | - | $3,000 | $8,000 | $9,000 | $9,000 | $9,000 | $10,000 | $10,000 | $11,000 | $11,000 | $80,000 |
| deposit interest | $4,000 | $926 | - | - | - | - | - | - | - | - | $5,000 |
| gst hst rebate | - | $24,000 | - | - | - | - | - | - | - | - | $24,000 |
| total income return | $37,000 | $66,000 | $52,000 | $55,000 | $58,000 | $60,000 | $63,000 | $67,000 | $70,000 | $74,000 | $602,000 |
Expense/ Investment
| Category | Y1 | Y2 | Y3 | Y4 | Y5 | Y6 | Y7 | Y8 | Y9 | Y10 | Total |
|---|---|---|---|---|---|---|---|---|---|---|---|
| deposit | $32,000 | $32,000 | - | - | - | - | - | - | - | - | $64,000 |
| remaining balance payment | - | - | - | - | - | - | - | - | - | - | - |
| closing cost | - | $59,000 | - | - | - | - | - | - | - | - | $59,000 |
| operating expense | - | $2,000 | $6,000 | $6,000 | $6,000 | $6,000 | $6,000 | $7,000 | $7,000 | $7,000 | $53,000 |
| mortgage payment | - | $13,000 | $32,000 | $32,000 | $32,000 | $32,000 | $32,000 | $32,000 | $32,000 | $32,000 | $272,000 |
| total expense investment | $32,000 | $107,000 | $38,000 | $38,000 | $38,000 | $39,000 | $39,000 | $39,000 | $39,000 | $39,000 | $449,000 |
Other
| Category | Y1 | Y2 | Y3 | Y4 | Y5 | Y6 | Y7 | Y8 | Y9 | Y10 | Total |
|---|---|---|---|---|---|---|---|---|---|---|---|
| net gain loss | $5,000 | -$41,056 | $14,000 | $17,000 | $19,000 | $22,000 | $25,000 | $28,000 | $31,000 | $34,000 | $154,000 |
| cumulative roi | $115 | $78 | $91 | $101 | $109 | $117 | $124 | $130 | $137 | $143 | $1,000 |
Reside on Richmond
Address: Toronto, Ontario
Price Range: $552,000 - $1,434,000
Avail. suites: 21
0—3 bd
349—1091 SqFt