Suite number:
1B+D (Tower Collection)
Project:
Address:
Toronto, Ontario
Developer:
State Building Group
Property type:
condo
Floor plan:
Bathrooms:
2
Bedrooms:
1.5
Size:
600 sqft
Occupancy Date:
Jan 2028
Price, CAD
$859,900
Available
ROI
Want to own a unit? —
Investment Period: 5 years
Yearly Return on Investment in Year 5
23.15%
Cumulative Return on Investment in Year 5
109.26%
Property Price at the End of Year 5
$1,108,000
Deposit Schedule
$10,000 at Signing
Total up to 5% in 30 days
$42,995
5% in 120 days
$42,995
2.5% in 300 days
$21,498
2.5% in 500 days
$21,498
5% on Occupancy
$42,995
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 | $45,000 | $47,000 | $49,000 | $52,000 | $55,000 | $58,000 | $61,000 | $64,000 | $67,000 | $71,000 | $567,000 |
rent income | - | - | $2,000 | $21,000 | $22,000 | $23,000 | $24,000 | $25,000 | $26,000 | $27,000 | $169,000 |
mortgage principal reduction | - | - | $865 | $11,000 | $11,000 | $12,000 | $12,000 | $13,000 | $14,000 | $14,000 | $87,000 |
deposit interest | $4,000 | $7,000 | $6,000 | - | - | - | - | - | - | - | $17,000 |
gst hst rebate | - | - | - | $24,000 | - | - | - | - | - | - | $24,000 |
total income return | $48,000 | $54,000 | $58,000 | $108,000 | $88,000 | $92,000 | $97,000 | $102,000 | $107,000 | $112,000 | $865,000 |
Expense/ Investment
Category | Y1 | Y2 | Y3 | Y4 | Y5 | Y6 | Y7 | Y8 | Y9 | Y10 | Total |
---|---|---|---|---|---|---|---|---|---|---|---|
deposit | $107,000 | $21,000 | $43,000 | - | - | - | - | - | - | - | $172,000 |
remaining balance payment | - | - | - | - | - | - | - | - | - | - | - |
closing cost | - | - | $68,000 | - | - | - | - | - | - | - | $68,000 |
operating expense | - | - | $755 | $9,000 | $9,000 | $10,000 | $10,000 | $10,000 | $10,000 | $10,000 | $69,000 |
mortgage payment | - | - | $4,000 | $43,000 | $43,000 | $43,000 | $43,000 | $43,000 | $43,000 | $43,000 | $305,000 |
total expense investment | $107,000 | $21,000 | $115,000 | $52,000 | $52,000 | $53,000 | $53,000 | $53,000 | $53,000 | $53,000 | $614,000 |
Other
Category | Y1 | Y2 | Y3 | Y4 | Y5 | Y6 | Y7 | Y8 | Y9 | Y10 | Total |
---|---|---|---|---|---|---|---|---|---|---|---|
net gain loss | -$59,149 | $32,000 | -$57,174 | $56,000 | $36,000 | $40,000 | $44,000 | $48,000 | $53,000 | $58,000 | $251,000 |
cumulative roi | $45 | $79 | $70 | $96 | $109 | $121 | $132 | $143 | $153 | $163 | $1,000 |
Southport in Swansea
Address: Toronto, Ontario
Price Range: $750,000 - $1,187,000
Avail. suites: 43
1—3 bd
390—812 SqFt