Suite number:
2BH
Project:
Address:
Toronto W08, Ontario
Developer:
Mattamy Homes Canada
Property type:
condo
Floor plan:
Bathrooms:
2
Bedrooms:
2
Size:
704 sqft
Occupancy Date:
Dec 2028
Price, CAD
$721,990
Available
ROI
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Investment Period: 5 years
Yearly Return on Investment in Year 5
23.91%
Cumulative Return on Investment in Year 5
111.68%
Property Price at the End of Year 5
$930,000
Deposit Schedule
$5,000 at Signing
Total up to 5% in 30 days
$36,100
2.5% in 210 days
$18,050
2.5% in 600 days
$18,050
10% on Occupancy
$72,199
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 | $37,000 | $39,000 | $42,000 | $44,000 | $46,000 | $48,000 | $51,000 | $54,000 | $56,000 | $59,000 | $476,000 |
| rent income | - | - | - | $10,000 | $21,000 | $22,000 | $23,000 | $24,000 | $25,000 | $26,000 | $151,000 |
| mortgage principal reduction | - | - | - | $4,000 | $9,000 | $10,000 | $10,000 | $11,000 | $11,000 | $12,000 | $66,000 |
| deposit interest | $2,000 | $4,000 | $4,000 | $2,000 | - | - | - | - | - | - | $12,000 |
| gst hst rebate | - | - | - | $24,000 | - | - | - | - | - | - | $24,000 |
| total income return | $40,000 | $44,000 | $45,000 | $84,000 | $76,000 | $80,000 | $84,000 | $88,000 | $92,000 | $97,000 | $729,000 |
Expense/ Investment
| Category | Y1 | Y2 | Y3 | Y4 | Y5 | Y6 | Y7 | Y8 | Y9 | Y10 | Total |
|---|---|---|---|---|---|---|---|---|---|---|---|
| deposit | $54,000 | $18,000 | - | $72,000 | - | - | - | - | - | - | $144,000 |
| remaining balance payment | - | - | - | - | - | - | - | - | - | - | - |
| closing cost | - | - | - | $62,000 | - | - | - | - | - | - | $62,000 |
| operating expense | - | - | - | $5,000 | $10,000 | $10,000 | $10,000 | $10,000 | $11,000 | $11,000 | $67,000 |
| mortgage payment | - | - | - | $18,000 | $36,000 | $36,000 | $36,000 | $36,000 | $36,000 | $36,000 | $235,000 |
| total expense investment | $54,000 | $18,000 | - | $157,000 | $46,000 | $46,000 | $46,000 | $47,000 | $47,000 | $47,000 | $509,000 |
Other
| Category | Y1 | Y2 | Y3 | Y4 | Y5 | Y6 | Y7 | Y8 | Y9 | Y10 | Total |
|---|---|---|---|---|---|---|---|---|---|---|---|
| net gain loss | -$14,574 | $26,000 | $45,000 | -$73,398 | $30,000 | $34,000 | $37,000 | $41,000 | $45,000 | $50,000 | $221,000 |
| cumulative roi | $73 | $115 | $178 | $98 | $112 | $124 | $135 | $146 | $157 | $168 | $1,000 |
The Clove
Address: Toronto W08, Ontario
Price Range: $444,000 - $1,007,000
Avail. suites: 18
0—3.5 bd
373—1091 SqFt