Suite number:
2D
Project:
Address:
Toronto, Ontario
Developer:
Tridel
Property type:
condo
Floor plan:
Bathrooms:
2
Bedrooms:
2
Size:
670 sqft
Occupancy Date:
Jun 2028
Price, CAD
$1,245,000
Available
ROI
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Investment Period: 5 years
Yearly Return on Investment in Year 5
23.49%
Cumulative Return on Investment in Year 5
109.21%
Property Price at the End of Year 5
$1,604,000
Deposit Schedule
$5 at Signing
Total up to 5% in 120 days
$62,250
5% in 270 days
$62,250
5% on Occupancy
$62,250
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 | $65,000 | $68,000 | $72,000 | $75,000 | $79,000 | $83,000 | $88,000 | $92,000 | $97,000 | $102,000 | $822,000 |
rent income | - | - | - | $19,000 | $20,000 | $21,000 | $22,000 | $23,000 | $24,000 | $25,000 | $155,000 |
mortgage principal reduction | - | - | - | $15,000 | $16,000 | $17,000 | $18,000 | $19,000 | $19,000 | $20,000 | $125,000 |
deposit interest | $6,000 | $13,000 | $10,000 | - | - | - | - | - | - | - | $29,000 |
gst hst rebate | - | - | - | $24,000 | - | - | - | - | - | - | $24,000 |
total income return | $71,000 | $81,000 | $81,000 | $134,000 | $116,000 | $122,000 | $128,000 | $134,000 | $141,000 | $148,000 | $1,155,000 |
Expense/ Investment
Category | Y1 | Y2 | Y3 | Y4 | Y5 | Y6 | Y7 | Y8 | Y9 | Y10 | Total |
---|---|---|---|---|---|---|---|---|---|---|---|
deposit | $125,000 | $62,000 | - | - | - | - | - | - | - | - | $187,000 |
remaining balance payment | - | - | $62,000 | - | - | - | - | - | - | - | $62,000 |
closing cost | - | - | $83,000 | - | - | - | - | - | - | - | $83,000 |
operating expense | - | - | - | $11,000 | $11,000 | $12,000 | $12,000 | $12,000 | $12,000 | $13,000 | $83,000 |
mortgage payment | - | - | - | $62,000 | $62,000 | $62,000 | $62,000 | $62,000 | $62,000 | $62,000 | $436,000 |
total expense investment | $125,000 | $62,000 | $146,000 | $73,000 | $74,000 | $74,000 | $74,000 | $74,000 | $75,000 | $75,000 | $852,000 |
Other
Category | Y1 | Y2 | Y3 | Y4 | Y5 | Y6 | Y7 | Y8 | Y9 | Y10 | Total |
---|---|---|---|---|---|---|---|---|---|---|---|
net gain loss | -$53,499 | $19,000 | -$64,242 | $61,000 | $42,000 | $48,000 | $53,000 | $59,000 | $66,000 | $73,000 | $303,000 |
cumulative roi | $57 | $81 | $77 | $99 | $109 | $119 | $127 | $135 | $143 | $151 | $1,000 |
Queen Church Condos
Address: Toronto, Ontario
Price Range: $699,000 - $1,357,000
Avail. suites: 12
0—3 bd
412—814 SqFt