Suite number:
2417
Project:
Address:
Toronto C03, Ontario
Developer:
Canderel Residential Inc.
Property type:
condo
Bathrooms:
2
Bedrooms:
3
Size:
1196 sqft
Occupancy Date:
Jun 2027
$2,489,900
Available
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Investment Period: 5 years
Yearly Return on Investment in Year 5
22.83%
Cumulative Return on Investment in Year 5
101.12%
Property Price at the End of Year 5
$3,208,000
Deposit Schedule
$10,000 at Signing
Total up to 5% in 30 days
$124,495
5% in 120 days
$124,495
2.5% in 750 days
$62,248
2.5% in 900 days
$62,248
5% on Occupancy
$124,495
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 | $129,000 | $136,000 | $143,000 | $151,000 | $159,000 | $167,000 | $175,000 | $185,000 | $194,000 | $204,000 | $1,643,000 |
rent income | - | - | $21,000 | $43,000 | $45,000 | $47,000 | $49,000 | $51,000 | $53,000 | $55,000 | $363,000 |
mortgage principal reduction | - | - | $16,000 | $33,000 | $34,000 | $36,000 | $38,000 | $39,000 | $41,000 | $43,000 | $280,000 |
deposit interest | $9,000 | $13,000 | $8,000 | - | - | - | - | - | - | - | $29,000 |
gst hst rebate | - | - | $24,000 | - | - | - | - | - | - | - | $24,000 |
total income return | $138,000 | $149,000 | $212,000 | $226,000 | $238,000 | $249,000 | $262,000 | $275,000 | $288,000 | $303,000 | $2,340,000 |
Expense/ Investment
Category | Y1 | Y2 | Y3 | Y4 | Y5 | Y6 | Y7 | Y8 | Y9 | Y10 | Total |
---|---|---|---|---|---|---|---|---|---|---|---|
deposit | $249,000 | - | $249,000 | - | - | - | - | - | - | - | $498,000 |
remaining balance payment | - | - | - | - | - | - | - | - | - | - | - |
closing cost | - | - | $136,000 | - | - | - | - | - | - | - | $136,000 |
operating expense | - | - | $11,000 | $21,000 | $22,000 | $23,000 | $24,000 | $24,000 | $25,000 | $26,000 | $176,000 |
mortgage payment | - | - | $61,000 | $121,000 | $121,000 | $121,000 | $121,000 | $121,000 | $121,000 | $121,000 | $908,000 |
total expense investment | $249,000 | - | $457,000 | $143,000 | $143,000 | $144,000 | $145,000 | $145,000 | $146,000 | $147,000 | $1,718,000 |
Other
Category | Y1 | Y2 | Y3 | Y4 | Y5 | Y6 | Y7 | Y8 | Y9 | Y10 | Total |
---|---|---|---|---|---|---|---|---|---|---|---|
net gain loss | -$111,230 | $149,000 | -$244,549 | $84,000 | $94,000 | $105,000 | $117,000 | $129,000 | $142,000 | $156,000 | $621,000 |
cumulative roi | $55 | $115 | $74 | $89 | $101 | $112 | $122 | $132 | $141 | $150 | $1,000 |
Forêt
Address: Toronto C03, Ontario
Price Range: $1,203,000 - $3,991,000
Avail. suites: 10
0—3.5 bd
369—1923 SqFt