Suite number:
410 - 3B (Podium)
Project:
Address:
Toronto, Ontario
Developer:
Tribute Communities
Property type:
condo
Floor plan:
Bathrooms:
2
Bedrooms:
3
Size:
1168 sqft
Occupancy Date:
Oct 2023
Price, CAD
$1,275,990
Available
ROI
Want to own a unit? —
Investment Period: 5 years
Yearly Return on Investment in Year 5
31.78%
Cumulative Return on Investment in Year 5
150.70%
Property Price at the End of Year 5
$1,644,000
Deposit Schedule
$5 at Signing
Total up to 6% in 9999 days
$76,559
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 | $66,000 | $70,000 | $73,000 | $77,000 | $81,000 | $85,000 | $90,000 | $95,000 | $100,000 | $105,000 | $842,000 |
| rent income | - | - | - | - | - | - | - | - | - | - | - |
| mortgage principal reduction | $38,000 | $18,000 | $18,000 | $19,000 | $20,000 | $21,000 | $22,000 | $23,000 | $25,000 | $26,000 | $231,000 |
| deposit interest | - | - | - | - | - | - | - | - | - | - | - |
| gst hst rebate | - | - | - | - | - | - | - | - | - | - | - |
| total income return | $104,000 | $87,000 | $92,000 | $97,000 | $102,000 | $107,000 | $112,000 | $118,000 | $124,000 | $130,000 | $1,073,000 |
Expense/ Investment
| Category | Y1 | Y2 | Y3 | Y4 | Y5 | Y6 | Y7 | Y8 | Y9 | Y10 | Total |
|---|---|---|---|---|---|---|---|---|---|---|---|
| deposit | - | - | - | - | - | - | - | - | - | - | - |
| remaining balance payment | - | - | - | - | - | - | - | - | - | - | - |
| closing cost | - | - | - | - | - | - | - | - | - | - | - |
| operating expense | - | - | - | - | - | - | - | - | - | - | - |
| mortgage payment | $64,000 | $64,000 | $64,000 | $64,000 | $64,000 | $64,000 | $64,000 | $64,000 | $64,000 | $64,000 | $639,000 |
| total expense investment | $64,000 | $64,000 | $64,000 | $64,000 | $64,000 | $64,000 | $64,000 | $64,000 | $64,000 | $64,000 | $639,000 |
Other
| Category | Y1 | Y2 | Y3 | Y4 | Y5 | Y6 | Y7 | Y8 | Y9 | Y10 | Total |
|---|---|---|---|---|---|---|---|---|---|---|---|
| net gain loss | $40,000 | $23,000 | $28,000 | $33,000 | $38,000 | $43,000 | $48,000 | $54,000 | $60,000 | $67,000 | $434,000 |
| cumulative roi | $163 | $150 | $148 | $149 | $151 | $153 | $157 | $160 | $164 | $168 | $2,000 |
Linx Condos
Address: Toronto, Ontario
Price Range: $911,000 - $1,372,000
Avail. suites: 6
1.5—3 bd
627—1198 SqFt