Suite number:
3B / 3B+D (Sky Loft Collection)
Project:
Address:
Toronto C01, Ontario
Developer:
Concord Adex
Property type:
condo
Bathrooms:
3
Bedrooms:
3.5
Size:
1738 sqft
Occupancy Date:
Jan 2025
Price, CAD
$1,600,000
Available
ROI
Want to own a unit? —
Investment Period: 5 years
Yearly Return on Investment in Year 5
20.97%
Cumulative Return on Investment in Year 5
98.66%
Property Price at the End of Year 5
$2,061,000
Deposit Schedule
$5 at Signing
Total up to 15% in 10484 days
$240,000
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 | $83,000 | $88,000 | $92,000 | $97,000 | $102,000 | $107,000 | $113,000 | $119,000 | $125,000 | $131,000 | $1,056,000 |
| rent income | $51,000 | $63,000 | $66,000 | $69,000 | $72,000 | $75,000 | $78,000 | $81,000 | $85,000 | $88,000 | $728,000 |
| mortgage principal reduction | $17,000 | $21,000 | $22,000 | $23,000 | $25,000 | $26,000 | $27,000 | $28,000 | $29,000 | $31,000 | $250,000 |
| deposit interest | $444 | - | - | - | - | - | - | - | - | - | $444 |
| gst hst rebate | $24,000 | - | - | - | - | - | - | - | - | - | $24,000 |
| total income return | $175,000 | $172,000 | $180,000 | $189,000 | $198,000 | $208,000 | $218,000 | $228,000 | $239,000 | $250,000 | $2,058,000 |
Expense/ Investment
| Category | Y1 | Y2 | Y3 | Y4 | Y5 | Y6 | Y7 | Y8 | Y9 | Y10 | Total |
|---|---|---|---|---|---|---|---|---|---|---|---|
| deposit | $240,000 | - | - | - | - | - | - | - | - | - | $240,000 |
| remaining balance payment | $80,000 | - | - | - | - | - | - | - | - | - | $80,000 |
| closing cost | $96,000 | - | - | - | - | - | - | - | - | - | $96,000 |
| operating expense | $22,000 | $27,000 | $28,000 | $29,000 | $30,000 | $31,000 | $32,000 | $33,000 | $34,000 | $35,000 | $298,000 |
| mortgage payment | $65,000 | $78,000 | $78,000 | $78,000 | $78,000 | $78,000 | $78,000 | $78,000 | $78,000 | $78,000 | $765,000 |
| total expense investment | $503,000 | $105,000 | $106,000 | $107,000 | $107,000 | $108,000 | $109,000 | $110,000 | $111,000 | $113,000 | $1,479,000 |
Other
| Category | Y1 | Y2 | Y3 | Y4 | Y5 | Y6 | Y7 | Y8 | Y9 | Y10 | Total |
|---|---|---|---|---|---|---|---|---|---|---|---|
| net gain loss | -$327,320 | $67,000 | $75,000 | $82,000 | $91,000 | $99,000 | $108,000 | $118,000 | $128,000 | $138,000 | $578,000 |
| cumulative roi | $28 | $48 | $66 | $83 | $99 | $114 | $130 | $145 | $161 | $178 | $1,000 |
Concord Canada House
Address: Toronto C01, Ontario
Price Range: $600,000 - $1,600,000
Avail. suites: 8
1—4 bd
0—2308 SqFt