Suite number:
1A
Project:
Address:
Toronto C03, Ontario
Developer:
Blackdoor Development Company
Property type:
condo
Floor plan:
Bathrooms:
2
Bedrooms:
1.5
Size:
1072 sqft
Occupancy Date:
Jan 2025
Price, CAD
$1,559,900
Available
ROI
Want to own a unit? —
Investment Period: 5 years
Yearly Return on Investment in Year 5
17.56%
Cumulative Return on Investment in Year 5
82.82%
Property Price at the End of Year 5
$2,010,000
Deposit Schedule
$30,000 at Signing
Total up to 15% in 9999 days
$233,985
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 | $81,000 | $85,000 | $90,000 | $94,000 | $99,000 | $105,000 | $110,000 | $116,000 | $122,000 | $128,000 | $1,029,000 |
rent income | $34,000 | $39,000 | $41,000 | $42,000 | $44,000 | $46,000 | $48,000 | $50,000 | $52,000 | $54,000 | $451,000 |
mortgage principal reduction | $18,000 | $20,000 | $21,000 | $22,000 | $23,000 | $24,000 | $25,000 | $27,000 | $28,000 | $29,000 | $238,000 |
deposit interest | - | - | - | - | - | - | - | - | - | - | - |
gst hst rebate | $24,000 | - | - | - | - | - | - | - | - | - | $24,000 |
total income return | $157,000 | $144,000 | $151,000 | $159,000 | $167,000 | $175,000 | $183,000 | $192,000 | $202,000 | $212,000 | $1,743,000 |
Expense/ Investment
Category | Y1 | Y2 | Y3 | Y4 | Y5 | Y6 | Y7 | Y8 | Y9 | Y10 | Total |
---|---|---|---|---|---|---|---|---|---|---|---|
deposit | $234,000 | - | - | - | - | - | - | - | - | - | $234,000 |
remaining balance payment | $78,000 | - | - | - | - | - | - | - | - | - | $78,000 |
closing cost | $96,000 | - | - | - | - | - | - | - | - | - | $96,000 |
operating expense | $20,000 | $22,000 | $23,000 | $23,000 | $24,000 | $24,000 | $25,000 | $25,000 | $26,000 | $26,000 | $238,000 |
mortgage payment | $72,000 | $78,000 | $78,000 | $78,000 | $78,000 | $78,000 | $78,000 | $78,000 | $78,000 | $78,000 | $775,000 |
total expense investment | $499,000 | $100,000 | $101,000 | $101,000 | $102,000 | $102,000 | $103,000 | $103,000 | $104,000 | $105,000 | $1,420,000 |
Other
Category | Y1 | Y2 | Y3 | Y4 | Y5 | Y6 | Y7 | Y8 | Y9 | Y10 | Total |
---|---|---|---|---|---|---|---|---|---|---|---|
net gain loss | -$342,473 | $44,000 | $51,000 | $58,000 | $65,000 | $73,000 | $81,000 | $89,000 | $98,000 | $107,000 | $322,000 |
cumulative roi | $27 | $44 | $58 | $71 | $83 | $94 | $104 | $114 | $124 | $134 | $853 |
The Rhodes
Address: Toronto C03, Ontario
Price Range: $1,370,000 - $5,170,000
Avail. suites: 13
1.5—3.5 bd
998—2915 SqFt