Suite number:
C3a
Project:
Address:
Toronto, Ontario
Developer:
Sierra Communities
Property type:
condo
Floor plan:
Bathrooms:
2
Bedrooms:
1.5
Size:
699 sqft
Occupancy Date:
May 2026
Price, CAD
$832,900
Available
ROI
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Investment Period: 5 years
Yearly Return on Investment in Year 5
19.35%
Cumulative Return on Investment in Year 5
92.31%
Property Price at the End of Year 5
$1,073,000
Deposit Schedule
$10,000 at Signing
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 | $43,000 | $46,000 | $48,000 | $50,000 | $53,000 | $56,000 | $59,000 | $62,000 | $65,000 | $68,000 | $550,000 |
rent income | $2,000 | $24,000 | $26,000 | $27,000 | $28,000 | $29,000 | $30,000 | $32,000 | $33,000 | $34,000 | $264,000 |
mortgage principal reduction | $838 | $10,000 | $11,000 | $11,000 | $12,000 | $12,000 | $13,000 | $14,000 | $14,000 | $15,000 | $114,000 |
deposit interest | $434 | - | - | - | - | - | - | - | - | - | $434 |
gst hst rebate | $24,000 | - | - | - | - | - | - | - | - | - | $24,000 |
total income return | $70,000 | $80,000 | $84,000 | $88,000 | $93,000 | $97,000 | $102,000 | $107,000 | $112,000 | $118,000 | $953,000 |
Expense/ Investment
Category | Y1 | Y2 | Y3 | Y4 | Y5 | Y6 | Y7 | Y8 | Y9 | Y10 | Total |
---|---|---|---|---|---|---|---|---|---|---|---|
deposit | $10,000 | - | - | - | - | - | - | - | - | - | $10,000 |
remaining balance payment | $157,000 | - | - | - | - | - | - | - | - | - | $157,000 |
closing cost | $67,000 | - | - | - | - | - | - | - | - | - | $67,000 |
operating expense | $809 | $10,000 | $10,000 | $10,000 | $10,000 | $11,000 | $11,000 | $11,000 | $11,000 | $12,000 | $97,000 |
mortgage payment | $3,000 | $42,000 | $42,000 | $42,000 | $42,000 | $42,000 | $42,000 | $42,000 | $42,000 | $42,000 | $379,000 |
total expense investment | $238,000 | $51,000 | $52,000 | $52,000 | $52,000 | $52,000 | $53,000 | $53,000 | $53,000 | $53,000 | $709,000 |
Other
Category | Y1 | Y2 | Y3 | Y4 | Y5 | Y6 | Y7 | Y8 | Y9 | Y10 | Total |
---|---|---|---|---|---|---|---|---|---|---|---|
net gain loss | -$167,137 | $29,000 | $33,000 | $37,000 | $41,000 | $45,000 | $49,000 | $54,000 | $59,000 | $64,000 | $243,000 |
cumulative roi | $29 | $48 | $64 | $79 | $92 | $105 | $118 | $130 | $143 | $156 | $964 |
Motto Condos
Address: Toronto, Ontario
Price Range: $490,000 - $1,411,000
Avail. suites: 18
1—3.5 bd
362—1361 SqFt