Suite number:
1021 - D-829
Project:
Address:
Toronto C08, Ontario
Developer:
Alterra
Property type:
condo
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
19.09%
Cumulative Return on Investment in Year 5
91.30%
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 | $19,000 | $30,000 | $31,000 | $33,000 | $34,000 | $35,000 | $37,000 | $39,000 | $40,000 | $42,000 | $340,000 |
| mortgage principal reduction | $9,000 | $14,000 | $14,000 | $15,000 | $16,000 | $17,000 | $17,000 | $18,000 | $19,000 | $20,000 | $159,000 |
| deposit interest | $541 | - | - | - | - | - | - | - | - | - | $541 |
| gst hst rebate | $24,000 | - | - | - | - | - | - | - | - | - | $24,000 |
| total income return | $107,000 | $101,000 | $106,000 | $111,000 | $116,000 | $122,000 | $128,000 | $134,000 | $140,000 | $147,000 | $1,210,000 |
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 | $74,000 | - | - | - | - | - | - | - | - | - | $74,000 |
| operating expense | $8,000 | $13,000 | $13,000 | $14,000 | $14,000 | $15,000 | $15,000 | $16,000 | $16,000 | $17,000 | $141,000 |
| mortgage payment | $34,000 | $51,000 | $51,000 | $51,000 | $51,000 | $51,000 | $51,000 | $51,000 | $51,000 | $51,000 | $489,000 |
| total expense investment | $324,000 | $64,000 | $64,000 | $64,000 | $65,000 | $65,000 | $66,000 | $66,000 | $67,000 | $67,000 | $911,000 |
Other
| Category | Y1 | Y2 | Y3 | Y4 | Y5 | Y6 | Y7 | Y8 | Y9 | Y10 | Total |
|---|---|---|---|---|---|---|---|---|---|---|---|
| net gain loss | -$216,973 | $37,000 | $42,000 | $46,000 | $51,000 | $56,000 | $62,000 | $68,000 | $74,000 | $80,000 | $298,000 |
| cumulative roi | $29 | $47 | $63 | $78 | $91 | $104 | $117 | $129 | $141 | $153 | $952 |
28 Eastern
Address: Toronto C08, Ontario
Price Range: $700,000 - $1,130,000
Avail. suites: 8
1.5—3 bd
537—918 SqFt