Suite number:
408 - 2L
Project:
Address:
Toronto, Ontario
Developer:
Canderel Residential Inc.
Property type:
condo
Floor plan:
Bathrooms:
2
Bedrooms:
2
Size:
760 sqft
Occupancy Date:
Jan 2026
Price, CAD
$1,028,900
Available
ROI
Want to own a unit? —
Investment Period: 5 years
Yearly Return on Investment in Year 5
17.52%
Cumulative Return on Investment in Year 5
83.84%
Property Price at the End of Year 5
$1,326,000
Deposit Schedule
$10,000 at Signing
Total up to 5% in 30 days
$51,445
10% on Occupancy
$102,890
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 | $53,000 | $56,000 | $59,000 | $62,000 | $66,000 | $69,000 | $73,000 | $76,000 | $80,000 | $84,000 | $679,000 |
rent income | $15,000 | $23,000 | $24,000 | $25,000 | $26,000 | $27,000 | $28,000 | $29,000 | $31,000 | $32,000 | $258,000 |
mortgage principal reduction | $8,000 | $13,000 | $14,000 | $14,000 | $15,000 | $16,000 | $17,000 | $17,000 | $18,000 | $19,000 | $152,000 |
deposit interest | $529 | - | - | - | - | - | - | - | - | - | $529 |
gst hst rebate | $24,000 | - | - | - | - | - | - | - | - | - | $24,000 |
total income return | $101,000 | $92,000 | $97,000 | $101,000 | $106,000 | $112,000 | $117,000 | $123,000 | $129,000 | $135,000 | $1,114,000 |
Expense/ Investment
Category | Y1 | Y2 | Y3 | Y4 | Y5 | Y6 | Y7 | Y8 | Y9 | Y10 | Total |
---|---|---|---|---|---|---|---|---|---|---|---|
deposit | $154,000 | - | - | - | - | - | - | - | - | - | $154,000 |
remaining balance payment | $51,000 | - | - | - | - | - | - | - | - | - | $51,000 |
closing cost | $75,000 | - | - | - | - | - | - | - | - | - | $75,000 |
operating expense | $8,000 | $12,000 | $12,000 | $12,000 | $12,000 | $13,000 | $13,000 | $13,000 | $13,000 | $14,000 | $121,000 |
mortgage payment | $34,000 | $52,000 | $52,000 | $52,000 | $52,000 | $52,000 | $52,000 | $52,000 | $52,000 | $52,000 | $498,000 |
total expense investment | $322,000 | $63,000 | $63,000 | $64,000 | $64,000 | $64,000 | $64,000 | $65,000 | $65,000 | $65,000 | $900,000 |
Other
Category | Y1 | Y2 | Y3 | Y4 | Y5 | Y6 | Y7 | Y8 | Y9 | Y10 | Total |
---|---|---|---|---|---|---|---|---|---|---|---|
net gain loss | -$221,273 | $29,000 | $33,000 | $38,000 | $43,000 | $48,000 | $53,000 | $58,000 | $64,000 | $70,000 | $214,000 |
cumulative roi | $28 | $45 | $60 | $72 | $84 | $95 | $105 | $115 | $125 | $134 | $863 |
908 St. Clair
Address: Toronto, Ontario
Price Range: $890,000 - $1,330,000
Avail. suites: 10
1—3.5 bd
460—2013 SqFt