Suite number:
SUITE 15 Level 3
Project:
Address:
Toronto C07, Ontario
Developer:
Addington Developments
Property type:
condo
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
18.66%
Cumulative Return on Investment in Year 5
90.87%
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
5% in 120 days
$28,645
10% on Occupancy
$57,290
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 | $30,000 | $31,000 | $33,000 | $35,000 | $36,000 | $38,000 | $40,000 | $42,000 | $45,000 | $47,000 | $378,000 |
| rent income | - | - | $6,000 | $7,000 | $7,000 | $7,000 | $8,000 | $8,000 | $8,000 | $9,000 | $61,000 |
| mortgage principal reduction | - | - | $7,000 | $8,000 | $8,000 | $8,000 | $9,000 | $9,000 | $10,000 | $10,000 | $69,000 |
| deposit interest | $2,000 | $3,000 | $237 | - | - | - | - | - | - | - | $5,000 |
| gst hst rebate | - | - | $24,000 | - | - | - | - | - | - | - | $24,000 |
| total income return | $32,000 | $34,000 | $70,000 | $49,000 | $52,000 | $54,000 | $57,000 | $60,000 | $63,000 | $66,000 | $537,000 |
Expense/ Investment
| Category | Y1 | Y2 | Y3 | Y4 | Y5 | Y6 | Y7 | Y8 | Y9 | Y10 | Total |
|---|---|---|---|---|---|---|---|---|---|---|---|
| deposit | $57,000 | - | $57,000 | - | - | - | - | - | - | - | $115,000 |
| remaining balance payment | - | - | - | - | - | - | - | - | - | - | - |
| closing cost | - | - | $55,000 | - | - | - | - | - | - | - | $55,000 |
| operating expense | - | - | $5,000 | $5,000 | $5,000 | $6,000 | $6,000 | $6,000 | $6,000 | $6,000 | $45,000 |
| mortgage payment | - | - | $26,000 | $28,000 | $28,000 | $28,000 | $28,000 | $28,000 | $28,000 | $28,000 | $221,000 |
| total expense investment | $57,000 | - | $142,000 | $33,000 | $33,000 | $33,000 | $34,000 | $34,000 | $34,000 | $34,000 | $435,000 |
Other
| Category | Y1 | Y2 | Y3 | Y4 | Y5 | Y6 | Y7 | Y8 | Y9 | Y10 | Total |
|---|---|---|---|---|---|---|---|---|---|---|---|
| net gain loss | -$25,593 | $34,000 | -$72,391 | $16,000 | $18,000 | $21,000 | $23,000 | $26,000 | $29,000 | $32,000 | $101,000 |
| cumulative roi | $55 | $115 | $70 | $81 | $91 | $100 | $108 | $115 | $123 | $130 | $987 |
Addington Park Condos
Address: Toronto C07, Ontario
Price Range: $539,000 - $1,330,000
Avail. suites: 52
0—2.5 bd
365—895 SqFt