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
17.88%
Cumulative Return on Investment in Year 5
85.08%
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
5% in 180 days
$51,445
5% on Occupancy
$51,445
Net Gain (Loss)
Get Expert Advice
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 | $9,000 | $23,000 | $23,000 | $24,000 | $26,000 | $27,000 | $28,000 | $29,000 | $30,000 | $32,000 | $250,000 |
mortgage principal reduction | $5,000 | $13,000 | $14,000 | $14,000 | $15,000 | $16,000 | $16,000 | $17,000 | $18,000 | $19,000 | $147,000 |
deposit interest | $1,000 | - | - | - | - | - | - | - | - | - | $1,000 |
gst hst rebate | $24,000 | - | - | - | - | - | - | - | - | - | $24,000 |
total income return | $93,000 | $92,000 | $96,000 | $101,000 | $106,000 | $111,000 | $117,000 | $122,000 | $129,000 | $135,000 | $1,102,000 |
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 | $5,000 | $11,000 | $12,000 | $12,000 | $12,000 | $13,000 | $13,000 | $13,000 | $13,000 | $14,000 | $118,000 |
mortgage payment | $21,000 | $52,000 | $52,000 | $52,000 | $52,000 | $52,000 | $52,000 | $52,000 | $52,000 | $52,000 | $485,000 |
total expense investment | $307,000 | $63,000 | $63,000 | $64,000 | $64,000 | $64,000 | $64,000 | $65,000 | $65,000 | $65,000 | $883,000 |
Other
Category | Y1 | Y2 | Y3 | Y4 | Y5 | Y6 | Y7 | Y8 | Y9 | Y10 | Total |
---|---|---|---|---|---|---|---|---|---|---|---|
net gain loss | -$213,437 | $29,000 | $33,000 | $38,000 | $42,000 | $47,000 | $52,000 | $58,000 | $64,000 | $70,000 | $219,000 |
cumulative roi | $29 | $46 | $61 | $73 | $85 | $96 | $106 | $116 | $126 | $136 | $873 |
908 St. Clair
Address: Toronto, Ontario
Price Range: $890,000 - $1,330,000
Avail. suites: 10
1—3.5 bd
460—2013 SqFt