Suite number:
B-622
Project:
Address:
Toronto, Ontario
Developer:
Equiton Developments
Property type:
condo
Floor plan:
Bathrooms:
1.5
Bedrooms:
1.5
Size:
622 sqft
Occupancy Date:
Oct 2027
Price, CAD
$744,900
Available
ROI
Want to own a unit? —
Investment Period: 5 years
Yearly Return on Investment in Year 5
20.54%
Cumulative Return on Investment in Year 5
97.30%
Property Price at the End of Year 5
$960,000
Deposit Schedule
$5,000 at Signing
Total up to 10% in 360 days
$74,490
2.5% in 540 days
$18,623
2.5% on Occupancy
$18,623
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 | $39,000 | $41,000 | $43,000 | $45,000 | $47,000 | $50,000 | $52,000 | $55,000 | $58,000 | $61,000 | $492,000 |
| rent income | - | $2,000 | $22,000 | $23,000 | $24,000 | $25,000 | $26,000 | $27,000 | $28,000 | $29,000 | $205,000 |
| mortgage principal reduction | - | $750 | $9,000 | $10,000 | $10,000 | $11,000 | $11,000 | $12,000 | $12,000 | $13,000 | $88,000 |
| deposit interest | $299 | $4,000 | - | - | - | - | - | - | - | - | $4,000 |
| gst hst rebate | - | - | $24,000 | - | - | - | - | - | - | - | $24,000 |
| total income return | $39,000 | $47,000 | $98,000 | $78,000 | $81,000 | $85,000 | $89,000 | $94,000 | $98,000 | $103,000 | $813,000 |
Expense/ Investment
| Category | Y1 | Y2 | Y3 | Y4 | Y5 | Y6 | Y7 | Y8 | Y9 | Y10 | Total |
|---|---|---|---|---|---|---|---|---|---|---|---|
| deposit | $74,000 | $37,000 | - | - | - | - | - | - | - | - | $112,000 |
| remaining balance payment | - | $37,000 | - | - | - | - | - | - | - | - | $37,000 |
| closing cost | - | $63,000 | - | - | - | - | - | - | - | - | $63,000 |
| operating expense | - | $777 | $9,000 | $10,000 | $10,000 | $10,000 | $10,000 | $10,000 | $11,000 | $11,000 | $82,000 |
| mortgage payment | - | $3,000 | $37,000 | $37,000 | $37,000 | $37,000 | $37,000 | $37,000 | $37,000 | $37,000 | $302,000 |
| total expense investment | $74,000 | $142,000 | $47,000 | $47,000 | $47,000 | $47,000 | $48,000 | $48,000 | $48,000 | $48,000 | $596,000 |
Other
| Category | Y1 | Y2 | Y3 | Y4 | Y5 | Y6 | Y7 | Y8 | Y9 | Y10 | Total |
|---|---|---|---|---|---|---|---|---|---|---|---|
| net gain loss | -$35,567 | -$94,397 | $51,000 | $31,000 | $34,000 | $38,000 | $42,000 | $46,000 | $50,000 | $55,000 | $217,000 |
| cumulative roi | $52 | $40 | $69 | $84 | $97 | $110 | $122 | $134 | $146 | $158 | $1,000 |
Maxium Condos
Address: Toronto, Ontario
Price Range: $400,000 - $1,450,000
Avail. suites: 46
0—3.5 bd
337—1156 SqFt