Suite number:
Cloud Nine
Project:
Address:
Toronto, Ontario
Developer:
Altree Developments
Property type:
condo
Floor plan:
Bathrooms:
2
Bedrooms:
2.5
Size:
928 sqft
Occupancy Date:
Sep 2026
Price, CAD
$1,314,990
Available
ROI
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Investment Period: 5 years
Yearly Return on Investment in Year 5
20.59%
Cumulative Return on Investment in Year 5
94.33%
Property Price at the End of Year 5
$1,695,000
Deposit Schedule
$10,000 at Signing
Total up to 5% in 30 days
$65,750
2.5% in 180 days
$32,875
2.5% in 365 days
$32,875
2.5% in 540 days
$32,875
7.5% on Occupancy
$98,624
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 | $69,000 | $72,000 | $76,000 | $80,000 | $84,000 | $88,000 | $93,000 | $98,000 | $103,000 | $108,000 | $869,000 |
rent income | - | $11,000 | $33,000 | $34,000 | $36,000 | $37,000 | $39,000 | $41,000 | $42,000 | $44,000 | $317,000 |
mortgage principal reduction | - | $5,000 | $16,000 | $17,000 | $18,000 | $19,000 | $20,000 | $21,000 | $22,000 | $23,000 | $162,000 |
deposit interest | -$264 | $6,000 | - | - | - | - | - | - | - | - | $6,000 |
gst hst rebate | - | $24,000 | - | - | - | - | - | - | - | - | $24,000 |
total income return | $69,000 | $118,000 | $125,000 | $131,000 | $138,000 | $144,000 | $152,000 | $159,000 | $167,000 | $175,000 | $1,378,000 |
Expense/ Investment
Category | Y1 | Y2 | Y3 | Y4 | Y5 | Y6 | Y7 | Y8 | Y9 | Y10 | Total |
---|---|---|---|---|---|---|---|---|---|---|---|
deposit | $131,000 | $131,000 | - | - | - | - | - | - | - | - | $263,000 |
remaining balance payment | - | - | - | - | - | - | - | - | - | - | - |
closing cost | - | $86,000 | - | - | - | - | - | - | - | - | $86,000 |
operating expense | - | $5,000 | $15,000 | $15,000 | $15,000 | $16,000 | $16,000 | $16,000 | $17,000 | $17,000 | $132,000 |
mortgage payment | - | $22,000 | $66,000 | $66,000 | $66,000 | $66,000 | $66,000 | $66,000 | $66,000 | $66,000 | $549,000 |
total expense investment | $131,000 | $244,000 | $80,000 | $81,000 | $81,000 | $82,000 | $82,000 | $82,000 | $83,000 | $83,000 | $1,030,000 |
Other
Category | Y1 | Y2 | Y3 | Y4 | Y5 | Y6 | Y7 | Y8 | Y9 | Y10 | Total |
---|---|---|---|---|---|---|---|---|---|---|---|
net gain loss | -$62,799 | -$126,355 | $45,000 | $50,000 | $56,000 | $63,000 | $70,000 | $77,000 | $84,000 | $92,000 | $348,000 |
cumulative roi | $52 | $49 | $67 | $81 | $94 | $106 | $118 | $129 | $140 | $151 | $988 |
Kingside Residences
Address: Toronto, Ontario
Price Range: $495,000 - $1,445,000
Avail. suites: 34
0—3.5 bd
339—1098 SqFt