Suite number:
A1-11
Project:
Address:
Toronto E05, Ontario
Developer:
95 Developments Inc
Property type:
condo
Floor plan:
Bathrooms:
2
Bedrooms:
2
Size:
598 sqft
Occupancy Date:
Jan 2027
Price, CAD
$744,900
Available
ROI
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Investment Period: 5 years
Yearly Return on Investment in Year 5
20.08%
Cumulative Return on Investment in Year 5
94.33%
Property Price at the End of Year 5
$960,000
Deposit Schedule
$5,000 at Signing
Total up to 5% in 30 days
$37,245
2.5% in 120 days
$18,623
2.5% in 215 days
$18,623
5% on Occupancy
$37,245
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 | $39,000 | $41,000 | $43,000 | $45,000 | $47,000 | $50,000 | $52,000 | $55,000 | $58,000 | $61,000 | $492,000 |
rent income | - | - | $16,000 | $18,000 | $19,000 | $20,000 | $21,000 | $22,000 | $22,000 | $23,000 | $161,000 |
mortgage principal reduction | - | - | $8,000 | $10,000 | $10,000 | $11,000 | $11,000 | $12,000 | $12,000 | $13,000 | $86,000 |
deposit interest | -$689 | $4,000 | $96 | - | - | - | - | - | - | - | $3,000 |
gst hst rebate | - | - | $24,000 | - | - | - | - | - | - | - | $24,000 |
total income return | $38,000 | $45,000 | $91,000 | $73,000 | $76,000 | $80,000 | $84,000 | $88,000 | $93,000 | $97,000 | $766,000 |
Expense/ Investment
Category | Y1 | Y2 | Y3 | Y4 | Y5 | Y6 | Y7 | Y8 | Y9 | Y10 | Total |
---|---|---|---|---|---|---|---|---|---|---|---|
deposit | $74,000 | - | $37,000 | - | - | - | - | - | - | - | $112,000 |
remaining balance payment | - | - | $37,000 | - | - | - | - | - | - | - | $37,000 |
closing cost | - | - | $63,000 | - | - | - | - | - | - | - | $63,000 |
operating expense | - | - | $7,000 | $8,000 | $8,000 | $9,000 | $9,000 | $9,000 | $9,000 | $9,000 | $69,000 |
mortgage payment | - | - | $34,000 | $37,000 | $37,000 | $37,000 | $37,000 | $37,000 | $37,000 | $37,000 | $295,000 |
total expense investment | $74,000 | - | $179,000 | $46,000 | $46,000 | $46,000 | $46,000 | $46,000 | $47,000 | $47,000 | $577,000 |
Other
Category | Y1 | Y2 | Y3 | Y4 | Y5 | Y6 | Y7 | Y8 | Y9 | Y10 | Total |
---|---|---|---|---|---|---|---|---|---|---|---|
net gain loss | -$36,555 | $45,000 | -$87,936 | $27,000 | $31,000 | $34,000 | $38,000 | $42,000 | $46,000 | $51,000 | $189,000 |
cumulative roi | $52 | $111 | $68 | $82 | $94 | $106 | $117 | $127 | $137 | $147 | $1,000 |
2992 Sheppard Ave East Condos
Address: Toronto E05, Ontario
Price Range: $630,000 - $955,000
Avail. suites: 11
1—3 bd
476—861 SqFt