Suite number:
SUITE 15 Level 3
Project:
Address:
Toronto, Ontario
Developer:
Addington Developments
Property type:
condo
Floor plan:
Bathrooms:
1
Bedrooms:
0
Size:
375 sqft
Occupancy Date:
Jan 2027
Price, CAD
$572,900
Available
ROI
Want to own a unit? —
Investment Period: 5 years
Yearly Return on Investment in Year 5
17.16%
Cumulative Return on Investment in Year 5
83.83%
Property Price at the End of Year 5
$738,000
Deposit Schedule
$10,000 at Signing
Total up to 5% in 30 days
$28,645
Net Gain (Loss)
Get Expert Advice
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 | $30,000 | $31,000 | $33,000 | $35,000 | $36,000 | $38,000 | $40,000 | $42,000 | $45,000 | $47,000 | $378,000 |
| rent income | - | $3,000 | $7,000 | $7,000 | $7,000 | $8,000 | $8,000 | $8,000 | $9,000 | $9,000 | $65,000 |
| mortgage principal reduction | - | $3,000 | $7,000 | $8,000 | $8,000 | $8,000 | $9,000 | $9,000 | $10,000 | $10,000 | $71,000 |
| deposit interest | $1,000 | $802 | - | - | - | - | - | - | - | - | $2,000 |
| gst hst rebate | - | $24,000 | - | - | - | - | - | - | - | - | $24,000 |
| total income return | $31,000 | $62,000 | $47,000 | $49,000 | $52,000 | $54,000 | $57,000 | $60,000 | $63,000 | $66,000 | $541,000 |
Expense/ Investment
| Category | Y1 | Y2 | Y3 | Y4 | Y5 | Y6 | Y7 | Y8 | Y9 | Y10 | Total |
|---|---|---|---|---|---|---|---|---|---|---|---|
| deposit | $29,000 | - | - | - | - | - | - | - | - | - | $29,000 |
| remaining balance payment | - | $86,000 | - | - | - | - | - | - | - | - | $86,000 |
| closing cost | - | $56,000 | - | - | - | - | - | - | - | - | $56,000 |
| operating expense | - | $2,000 | $5,000 | $5,000 | $5,000 | $6,000 | $6,000 | $6,000 | $6,000 | $6,000 | $47,000 |
| mortgage payment | - | $12,000 | $29,000 | $29,000 | $29,000 | $29,000 | $29,000 | $29,000 | $29,000 | $29,000 | $241,000 |
| total expense investment | $29,000 | $156,000 | $34,000 | $34,000 | $34,000 | $34,000 | $34,000 | $34,000 | $35,000 | $35,000 | $459,000 |
Other
| Category | Y1 | Y2 | Y3 | Y4 | Y5 | Y6 | Y7 | Y8 | Y9 | Y10 | Total |
|---|---|---|---|---|---|---|---|---|---|---|---|
| net gain loss | $2,000 | -$94,615 | $13,000 | $15,000 | $18,000 | $20,000 | $23,000 | $25,000 | $28,000 | $31,000 | $81,000 |
| cumulative roi | $109 | $51 | $64 | $74 | $84 | $92 | $100 | $108 | $115 | $122 | $918 |
Addington Park Condos
Address: Toronto, Ontario
Price Range: $539,000 - $1,330,000
Avail. suites: 52
0—2.5 bd
365—895 SqFt