Suite number:
McMurr
Project:
Address:
Toronto C02, Ontario
Developer:
Great Gulf
Property type:
condo
Bathrooms:
2
Bedrooms:
3
Size:
1039 sqft
Occupancy Date:
Aug 2023
$1,739,990
Available
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Investment Period: 5 years
Yearly Return on Investment in Year 5
32.90%
Cumulative Return on Investment in Year 5
155.98%
Property Price at the End of Year 5
$2,242,000
Deposit Schedule
$10,000 at Signing
Total up to 5% in 9999 days
$87,000
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 | $90,000 | $95,000 | $100,000 | $105,000 | $111,000 | $117,000 | $123,000 | $129,000 | $136,000 | $143,000 | $1,148,000 |
rent income | - | - | - | - | - | - | - | - | - | - | - |
mortgage principal reduction | $52,000 | $25,000 | $26,000 | $27,000 | $28,000 | $30,000 | $31,000 | $33,000 | $34,000 | $36,000 | $321,000 |
deposit interest | - | - | - | - | - | - | - | - | - | - | - |
gst hst rebate | - | - | - | - | - | - | - | - | - | - | - |
total income return | $142,000 | $120,000 | $126,000 | $133,000 | $139,000 | $146,000 | $154,000 | $162,000 | $170,000 | $178,000 | $1,470,000 |
Expense/ Investment
Category | Y1 | Y2 | Y3 | Y4 | Y5 | Y6 | Y7 | Y8 | Y9 | Y10 | Total |
---|---|---|---|---|---|---|---|---|---|---|---|
deposit | - | - | - | - | - | - | - | - | - | - | - |
remaining balance payment | - | - | - | - | - | - | - | - | - | - | - |
closing cost | - | - | - | - | - | - | - | - | - | - | - |
operating expense | - | - | - | - | - | - | - | - | - | - | - |
mortgage payment | $85,000 | $85,000 | $85,000 | $85,000 | $85,000 | $85,000 | $85,000 | $85,000 | $85,000 | $85,000 | $846,000 |
total expense investment | $85,000 | $85,000 | $85,000 | $85,000 | $85,000 | $85,000 | $85,000 | $85,000 | $85,000 | $85,000 | $846,000 |
Other
Category | Y1 | Y2 | Y3 | Y4 | Y5 | Y6 | Y7 | Y8 | Y9 | Y10 | Total |
---|---|---|---|---|---|---|---|---|---|---|---|
net gain loss | $58,000 | $35,000 | $41,000 | $48,000 | $55,000 | $62,000 | $69,000 | $77,000 | $85,000 | $94,000 | $623,000 |
cumulative roi | $168 | $155 | $153 | $154 | $156 | $159 | $162 | $166 | $170 | $174 | $2,000 |
8 Cumberland Condo
Address: Toronto C02, Ontario
Price Range: $1,250,000 - $2,900,000
Avail. suites: 6
0—3 bd
399—1845 SqFt