Suite number:
1021 - D-829
Project:
Address:
Toronto C08, Ontario
Developer:
Alterra
Property type:
condo
Floor plan:
Bathrooms:
2
Bedrooms:
2.5
Size:
829 sqft
Occupancy Date:
Mar 2025
Price, CAD
$1,039,990
Available
ROI
Want to own a unit? —
Investment Period: 5 years
Yearly Return on Investment in Year 5
18.58%
Cumulative Return on Investment in Year 5
89.20%
Property Price at the End of Year 5
$1,340,000
Deposit Schedule
$10,000 at Signing
Total up to 5% in 30 days
$52,000
5% on Occupancy
$52,000
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 | $54,000 | $57,000 | $60,000 | $63,000 | $66,000 | $70,000 | $73,000 | $77,000 | $81,000 | $85,000 | $686,000 |
| rent income | $24,000 | $30,000 | $31,000 | $33,000 | $34,000 | $35,000 | $37,000 | $39,000 | $40,000 | $42,000 | $345,000 |
| mortgage principal reduction | $11,000 | $13,000 | $14,000 | $15,000 | $15,000 | $16,000 | $17,000 | $18,000 | $19,000 | $20,000 | $157,000 |
| deposit interest | - | - | - | - | - | - | - | - | - | - | - |
| gst hst rebate | $24,000 | - | - | - | - | - | - | - | - | - | $24,000 |
| total income return | $113,000 | $100,000 | $105,000 | $110,000 | $116,000 | $121,000 | $127,000 | $133,000 | $140,000 | $147,000 | $1,213,000 |
Expense/ Investment
| Category | Y1 | Y2 | Y3 | Y4 | Y5 | Y6 | Y7 | Y8 | Y9 | Y10 | Total |
|---|---|---|---|---|---|---|---|---|---|---|---|
| deposit | $104,000 | - | - | - | - | - | - | - | - | - | $104,000 |
| remaining balance payment | $104,000 | - | - | - | - | - | - | - | - | - | $104,000 |
| closing cost | $75,000 | - | - | - | - | - | - | - | - | - | $75,000 |
| operating expense | $10,000 | $12,000 | $12,000 | $13,000 | $13,000 | $13,000 | $13,000 | $14,000 | $14,000 | $14,000 | $129,000 |
| mortgage payment | $43,000 | $52,000 | $52,000 | $52,000 | $52,000 | $52,000 | $52,000 | $52,000 | $52,000 | $52,000 | $512,000 |
| total expense investment | $336,000 | $64,000 | $64,000 | $65,000 | $65,000 | $65,000 | $66,000 | $66,000 | $66,000 | $67,000 | $924,000 |
Other
| Category | Y1 | Y2 | Y3 | Y4 | Y5 | Y6 | Y7 | Y8 | Y9 | Y10 | Total |
|---|---|---|---|---|---|---|---|---|---|---|---|
| net gain loss | -$223,555 | $36,000 | $41,000 | $46,000 | $51,000 | $56,000 | $62,000 | $68,000 | $74,000 | $80,000 | $289,000 |
| cumulative roi | $29 | $46 | $62 | $76 | $89 | $102 | $114 | $126 | $138 | $151 | $933 |
28 Eastern
Address: Toronto C08, Ontario
Price Range: $700,000 - $1,130,000
Avail. suites: 8
1.5—3 bd
537—918 SqFt