Suite number:
813 - B2-545T
Project:
Address:
Toronto C08, Ontario
Developer:
Alterra
Property type:
condo
Floor plan:
Bathrooms:
2
Bedrooms:
1.5
Size:
545 sqft
Occupancy Date:
Mar 2025
Price, CAD
$729,990
Available
ROI
Want to own a unit? —
Investment Period: 5 years
Yearly Return on Investment in Year 5
17.73%
Cumulative Return on Investment in Year 5
87.35%
Property Price at the End of Year 5
$940,000
Deposit Schedule
$10,000 at Signing
Total up to 5% in 30 days
$36,500
5% on Occupancy
$36,500
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 | $38,000 | $40,000 | $42,000 | $44,000 | $46,000 | $49,000 | $51,000 | $54,000 | $57,000 | $60,000 | $482,000 |
| rent income | $16,000 | $20,000 | $21,000 | $21,000 | $22,000 | $23,000 | $24,000 | $25,000 | $26,000 | $28,000 | $227,000 |
| mortgage principal reduction | $7,000 | $9,000 | $10,000 | $10,000 | $11,000 | $11,000 | $12,000 | $12,000 | $13,000 | $14,000 | $110,000 |
| deposit interest | - | - | - | - | - | - | - | - | - | - | - |
| gst hst rebate | $24,000 | - | - | - | - | - | - | - | - | - | $24,000 |
| total income return | $85,000 | $69,000 | $72,000 | $76,000 | $80,000 | $84,000 | $88,000 | $92,000 | $96,000 | $101,000 | $843,000 |
Expense/ Investment
| Category | Y1 | Y2 | Y3 | Y4 | Y5 | Y6 | Y7 | Y8 | Y9 | Y10 | Total |
|---|---|---|---|---|---|---|---|---|---|---|---|
| deposit | $73,000 | - | - | - | - | - | - | - | - | - | $73,000 |
| remaining balance payment | $73,000 | - | - | - | - | - | - | - | - | - | $73,000 |
| closing cost | $63,000 | - | - | - | - | - | - | - | - | - | $63,000 |
| operating expense | $7,000 | $8,000 | $8,000 | $8,000 | $9,000 | $9,000 | $9,000 | $9,000 | $9,000 | $10,000 | $86,000 |
| mortgage payment | $30,000 | $37,000 | $37,000 | $37,000 | $37,000 | $37,000 | $37,000 | $37,000 | $37,000 | $37,000 | $359,000 |
| total expense investment | $246,000 | $45,000 | $45,000 | $45,000 | $45,000 | $45,000 | $46,000 | $46,000 | $46,000 | $46,000 | $654,000 |
Other
| Category | Y1 | Y2 | Y3 | Y4 | Y5 | Y6 | Y7 | Y8 | Y9 | Y10 | Total |
|---|---|---|---|---|---|---|---|---|---|---|---|
| net gain loss | -$160,487 | $24,000 | $28,000 | $31,000 | $34,000 | $38,000 | $42,000 | $46,000 | $50,000 | $55,000 | $189,000 |
| cumulative roi | $30 | $47 | $62 | $75 | $87 | $99 | $111 | $122 | $133 | $145 | $912 |
28 Eastern
Address: Toronto C08, Ontario
Price Range: $700,000 - $1,130,000
Avail. suites: 8
1.5—3 bd
537—918 SqFt