Suite number:
3002 (South Beach)
Project:
Address:
Toronto W06, Ontario
Developer:
The Conservatory Group
Property type:
condo
Bathrooms:
2
Bedrooms:
2.5
Size:
884 sqft
Occupancy Date:
Jan 2025
Price, CAD
$1,482,900
Available
ROI
Want to own a unit? —
Investment Period: 5 years
Yearly Return on Investment in Year 5
18.08%
Cumulative Return on Investment in Year 5
85.51%
Property Price at the End of Year 5
$1,910,000
Deposit Schedule
$5,000 at Signing
Total up to 15% in 10269 days
$222,435
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 | $77,000 | $81,000 | $85,000 | $90,000 | $94,000 | $99,000 | $105,000 | $110,000 | $116,000 | $122,000 | $979,000 |
| rent income | $28,000 | $32,000 | $34,000 | $35,000 | $37,000 | $38,000 | $40,000 | $42,000 | $43,000 | $45,000 | $374,000 |
| mortgage principal reduction | $18,000 | $20,000 | $21,000 | $22,000 | $23,000 | $24,000 | $25,000 | $26,000 | $27,000 | $29,000 | $234,000 |
| deposit interest | - | - | - | - | - | - | - | - | - | - | - |
| gst hst rebate | $24,000 | - | - | - | - | - | - | - | - | - | $24,000 |
| total income return | $147,000 | $133,000 | $140,000 | $147,000 | $154,000 | $161,000 | $169,000 | $178,000 | $186,000 | $195,000 | $1,610,000 |
Expense/ Investment
| Category | Y1 | Y2 | Y3 | Y4 | Y5 | Y6 | Y7 | Y8 | Y9 | Y10 | Total |
|---|---|---|---|---|---|---|---|---|---|---|---|
| deposit | $222,000 | - | - | - | - | - | - | - | - | - | $222,000 |
| remaining balance payment | $74,000 | - | - | - | - | - | - | - | - | - | $74,000 |
| closing cost | $91,000 | - | - | - | - | - | - | - | - | - | $91,000 |
| operating expense | $13,000 | $15,000 | $16,000 | $16,000 | $17,000 | $17,000 | $18,000 | $18,000 | $19,000 | $19,000 | $167,000 |
| mortgage payment | $66,000 | $72,000 | $72,000 | $72,000 | $72,000 | $72,000 | $72,000 | $72,000 | $72,000 | $72,000 | $715,000 |
| total expense investment | $467,000 | $87,000 | $88,000 | $88,000 | $89,000 | $89,000 | $90,000 | $90,000 | $91,000 | $91,000 | $1,271,000 |
Other
| Category | Y1 | Y2 | Y3 | Y4 | Y5 | Y6 | Y7 | Y8 | Y9 | Y10 | Total |
|---|---|---|---|---|---|---|---|---|---|---|---|
| net gain loss | -$320,535 | $46,000 | $52,000 | $59,000 | $65,000 | $72,000 | $80,000 | $87,000 | $95,000 | $104,000 | $340,000 |
| cumulative roi | $27 | $45 | $60 | $73 | $86 | $97 | $108 | $118 | $128 | $139 | $881 |
Water's Edge at The Cove
Address: Toronto W06, Ontario
Price Range: $778,000 - $2,585,000
Avail. suites: 19
1—3 bd
466—1477 SqFt