Suite number:
1018 - Lawrence 502
Project:
Address:
Toronto C06, Ontario
Developer:
Malibu Investments Inc.
Property type:
condo
Bathrooms:
1
Bedrooms:
1.5
Size:
502 sqft
Occupancy Date:
Mar 2027
$748,990
Available
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Investment Period: 5 years
Yearly Return on Investment in Year 5
21.48%
Cumulative Return on Investment in Year 5
101.99%
Property Price at the End of Year 5
$965,000
Deposit Schedule
$10,000 at Signing
Total up to 5% in 30 days
$37,450
5% in 120 days
$37,450
2.5% in 600 days
$18,725
2.5% in 730 days
$18,725
5% on Occupancy
$37,450
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 | $39,000 | $41,000 | $43,000 | $45,000 | $48,000 | $50,000 | $53,000 | $56,000 | $58,000 | $61,000 | $494,000 |
rent income | - | - | $12,000 | $18,000 | $19,000 | $20,000 | $21,000 | $21,000 | $22,000 | $23,000 | $156,000 |
mortgage principal reduction | - | - | $6,000 | $10,000 | $10,000 | $11,000 | $11,000 | $12,000 | $12,000 | $13,000 | $86,000 |
deposit interest | $3,000 | $4,000 | $2,000 | - | - | - | - | - | - | - | $9,000 |
gst hst rebate | - | - | $24,000 | - | - | - | - | - | - | - | $24,000 |
total income return | $42,000 | $45,000 | $87,000 | $73,000 | $77,000 | $81,000 | $85,000 | $89,000 | $93,000 | $98,000 | $770,000 |
Expense/ Investment
Category | Y1 | Y2 | Y3 | Y4 | Y5 | Y6 | Y7 | Y8 | Y9 | Y10 | Total |
---|---|---|---|---|---|---|---|---|---|---|---|
deposit | $75,000 | $19,000 | $56,000 | - | - | - | - | - | - | - | $150,000 |
remaining balance payment | - | - | - | - | - | - | - | - | - | - | - |
closing cost | - | - | $62,000 | - | - | - | - | - | - | - | $62,000 |
operating expense | - | - | $5,000 | $8,000 | $8,000 | $9,000 | $9,000 | $9,000 | $10,000 | $10,000 | $69,000 |
mortgage payment | - | - | $24,000 | $36,000 | $36,000 | $36,000 | $36,000 | $36,000 | $36,000 | $36,000 | $279,000 |
total expense investment | $75,000 | $19,000 | $148,000 | $45,000 | $45,000 | $45,000 | $45,000 | $46,000 | $46,000 | $46,000 | $560,000 |
Other
Category | Y1 | Y2 | Y3 | Y4 | Y5 | Y6 | Y7 | Y8 | Y9 | Y10 | Total |
---|---|---|---|---|---|---|---|---|---|---|---|
net gain loss | -$32,942 | $26,000 | -$60,570 | $29,000 | $32,000 | $36,000 | $39,000 | $43,000 | $47,000 | $52,000 | $211,000 |
cumulative roi | $56 | $93 | $75 | $89 | $102 | $114 | $125 | $136 | $146 | $157 | $1,000 |
Express 2 Condos
Address: Toronto C06, Ontario
Price Range: $589,000 - $882,000
Avail. suites: 36
1—2 bd
392—716 SqFt