Suite number:
Piazza 536
Project:
Address:
Toronto C08, Ontario
Developer:
Menkes Developments Ltd.
Property type:
condo
Bathrooms:
1
Bedrooms:
1.5
Size:
536 sqft
Occupancy Date:
Sep 2028
Price, CAD
$869,990
Available
ROI
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Investment Period: 5 years
Yearly Return on Investment in Year 5
26.53%
Cumulative Return on Investment in Year 5
124.18%
Property Price at the End of Year 5
$1,121,000
Deposit Schedule
$10,000 at Signing
Total up to 5% in 30 days
$43,500
2.5% in 90 days
$21,750
2.5% in 180 days
$21,750
2.5% in 540 days
$21,750
2.5% in 900 days
$21,750
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 | $45,000 | $48,000 | $50,000 | $53,000 | $55,000 | $58,000 | $61,000 | $65,000 | $68,000 | $71,000 | $574,000 |
| rent income | - | - | - | $3,000 | $19,000 | $20,000 | $21,000 | $21,000 | $22,000 | $23,000 | $130,000 |
| mortgage principal reduction | - | - | - | $2,000 | $11,000 | $12,000 | $12,000 | $13,000 | $14,000 | $14,000 | $78,000 |
| deposit interest | $4,000 | $6,000 | $9,000 | $5,000 | - | - | - | - | - | - | $24,000 |
| gst hst rebate | - | - | - | $24,000 | - | - | - | - | - | - | $24,000 |
| total income return | $49,000 | $54,000 | $59,000 | $87,000 | $86,000 | $90,000 | $94,000 | $99,000 | $104,000 | $109,000 | $830,000 |
Expense/ Investment
| Category | Y1 | Y2 | Y3 | Y4 | Y5 | Y6 | Y7 | Y8 | Y9 | Y10 | Total |
|---|---|---|---|---|---|---|---|---|---|---|---|
| deposit | $87,000 | $22,000 | $22,000 | $43,000 | - | - | - | - | - | - | $174,000 |
| remaining balance payment | - | - | - | - | - | - | - | - | - | - | - |
| closing cost | - | - | - | $67,000 | - | - | - | - | - | - | $67,000 |
| operating expense | - | - | - | $1,000 | $9,000 | $9,000 | $10,000 | $10,000 | $10,000 | $11,000 | $60,000 |
| mortgage payment | - | - | - | $7,000 | $42,000 | $42,000 | $42,000 | $42,000 | $42,000 | $42,000 | $261,000 |
| total expense investment | $87,000 | $22,000 | $22,000 | $119,000 | $51,000 | $52,000 | $52,000 | $52,000 | $53,000 | $53,000 | $562,000 |
Other
| Category | Y1 | Y2 | Y3 | Y4 | Y5 | Y6 | Y7 | Y8 | Y9 | Y10 | Total |
|---|---|---|---|---|---|---|---|---|---|---|---|
| net gain loss | -$38,080 | $32,000 | $37,000 | -$31,888 | $34,000 | $38,000 | $42,000 | $47,000 | $51,000 | $56,000 | $268,000 |
| cumulative roi | $56 | $95 | $124 | $112 | $124 | $135 | $145 | $154 | $164 | $173 | $1,000 |
Elektra Condos
Address: Toronto C08, Ontario
Price Range: $594,000 - $1,271,000
Avail. suites: 17
0—3 bd
375—909 SqFt