Suite number:
1D
Project:
Address:
Toronto, Ontario
Developer:
Reserve Properties
Property type:
condo
Floor plan:
Bathrooms:
1
Bedrooms:
1
Size:
457 sqft
Occupancy Date:
May 2027
Price, CAD
$860,900
Available
ROI
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Investment Period: 5 years
Yearly Return on Investment in Year 5
18.58%
Cumulative Return on Investment in Year 5
86.82%
Property Price at the End of Year 5
$1,109,000
Deposit Schedule
$10,000 at Signing
Total up to 2.5% in 30 days
$21,523
2.5% in 90 days
$21,523
15% on Occupancy
$129,135
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 | $50,000 | $52,000 | $55,000 | $58,000 | $61,000 | $64,000 | $67,000 | $71,000 | $568,000 |
| rent income | - | $2,000 | $11,000 | $11,000 | $12,000 | $12,000 | $13,000 | $13,000 | $14,000 | $14,000 | $102,000 |
| mortgage principal reduction | - | $2,000 | $11,000 | $11,000 | $12,000 | $12,000 | $13,000 | $14,000 | $14,000 | $15,000 | $103,000 |
| deposit interest | $2,000 | $2,000 | - | - | - | - | - | - | - | - | $3,000 |
| gst hst rebate | - | $24,000 | - | - | - | - | - | - | - | - | $24,000 |
| total income return | $46,000 | $76,000 | $71,000 | $75,000 | $78,000 | $82,000 | $86,000 | $91,000 | $95,000 | $100,000 | $801,000 |
Expense/ Investment
| Category | Y1 | Y2 | Y3 | Y4 | Y5 | Y6 | Y7 | Y8 | Y9 | Y10 | Total |
|---|---|---|---|---|---|---|---|---|---|---|---|
| deposit | $43,000 | $129,000 | - | - | - | - | - | - | - | - | $172,000 |
| remaining balance payment | - | - | - | - | - | - | - | - | - | - | - |
| closing cost | - | $68,000 | - | - | - | - | - | - | - | - | $68,000 |
| operating expense | - | $1,000 | $7,000 | $8,000 | $8,000 | $8,000 | $8,000 | $8,000 | $8,000 | $9,000 | $65,000 |
| mortgage payment | - | $7,000 | $43,000 | $43,000 | $43,000 | $43,000 | $43,000 | $43,000 | $43,000 | $43,000 | $352,000 |
| total expense investment | $43,000 | $205,000 | $50,000 | $51,000 | $51,000 | $51,000 | $51,000 | $51,000 | $52,000 | $52,000 | $657,000 |
Other
| Category | Y1 | Y2 | Y3 | Y4 | Y5 | Y6 | Y7 | Y8 | Y9 | Y10 | Total |
|---|---|---|---|---|---|---|---|---|---|---|---|
| net gain loss | $3,000 | -$129,137 | $20,000 | $24,000 | $27,000 | $31,000 | $35,000 | $39,000 | $44,000 | $48,000 | $144,000 |
| cumulative roi | $108 | $50 | $65 | $77 | $87 | $96 | $104 | $112 | $120 | $127 | $946 |
8 Elm on Yonge
Address: Toronto, Ontario
Price Range: $711,000 - $1,545,000
Avail. suites: 18
0—3.5 bd
292—998 SqFt