Suite number:
MA1-04
Project:
Address:
Scarborough, Ontario
Developer:
95 Developments Inc
Property type:
condo
Floor plan:
Bathrooms:
1
Bedrooms:
1
Size:
506 sqft
Occupancy Date:
Jan 2025
Price, CAD
$499,990
Available
ROI
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Investment Period: 5 years
Yearly Return on Investment in Year 5
16.66%
Cumulative Return on Investment in Year 5
85.51%
Property Price at the End of Year 5
$644,000
Deposit Schedule
$5,000 at Signing
Total up to 5% in 30 days
$25,000
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 | $26,000 | $27,000 | $29,000 | $30,000 | $32,000 | $33,000 | $35,000 | $37,000 | $39,000 | $41,000 | $330,000 |
| rent income | $11,000 | $12,000 | $13,000 | $13,000 | $14,000 | $14,000 | $15,000 | $16,000 | $16,000 | $17,000 | $142,000 |
| mortgage principal reduction | $6,000 | $6,000 | $7,000 | $7,000 | $7,000 | $8,000 | $8,000 | $9,000 | $9,000 | $9,000 | $76,000 |
| deposit interest | - | - | - | - | - | - | - | - | - | - | - |
| gst hst rebate | $24,000 | - | - | - | - | - | - | - | - | - | $24,000 |
| total income return | $66,000 | $46,000 | $48,000 | $51,000 | $53,000 | $56,000 | $59,000 | $61,000 | $64,000 | $68,000 | $572,000 |
Expense/ Investment
| Category | Y1 | Y2 | Y3 | Y4 | Y5 | Y6 | Y7 | Y8 | Y9 | Y10 | Total |
|---|---|---|---|---|---|---|---|---|---|---|---|
| deposit | $25,000 | - | - | - | - | - | - | - | - | - | $25,000 |
| remaining balance payment | $75,000 | - | - | - | - | - | - | - | - | - | $75,000 |
| closing cost | $47,000 | - | - | - | - | - | - | - | - | - | $47,000 |
| operating expense | $5,000 | $6,000 | $6,000 | $6,000 | $6,000 | $7,000 | $7,000 | $7,000 | $7,000 | $7,000 | $65,000 |
| mortgage payment | $23,000 | $25,000 | $25,000 | $25,000 | $25,000 | $25,000 | $25,000 | $25,000 | $25,000 | $25,000 | $248,000 |
| total expense investment | $175,000 | $31,000 | $31,000 | $31,000 | $31,000 | $32,000 | $32,000 | $32,000 | $32,000 | $32,000 | $460,000 |
Other
| Category | Y1 | Y2 | Y3 | Y4 | Y5 | Y6 | Y7 | Y8 | Y9 | Y10 | Total |
|---|---|---|---|---|---|---|---|---|---|---|---|
| net gain loss | -$108,937 | $15,000 | $17,000 | $19,000 | $22,000 | $24,000 | $27,000 | $29,000 | $32,000 | $35,000 | $112,000 |
| cumulative roi | $34 | $49 | $62 | $74 | $86 | $96 | $106 | $116 | $126 | $136 | $886 |
The Garden Series 2
Address: Scarborough, Ontario
Price Range: $500,000 - $1,045,000
Avail. suites: 9
1—4 bd
471—1226 SqFt