Suite number:
3D V1
Project:
Address:
Toronto C03, Ontario
Developer:
Blackdoor Development Company
Property type:
condo
Floor plan:
Bathrooms:
2
Bedrooms:
1.5
Size:
1358 sqft
Occupancy Date:
Jan 2025
Price, CAD
$2,139,900
Available
ROI
Want to own a unit? —
Investment Period: 5 years
Yearly Return on Investment in Year 5
17.55%
Cumulative Return on Investment in Year 5
81.83%
Property Price at the End of Year 5
$2,757,000
Deposit Schedule
$30,000 at Signing
Total up to 15% in 9999 days
$320,985
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 | $111,000 | $117,000 | $123,000 | $130,000 | $136,000 | $143,000 | $151,000 | $159,000 | $167,000 | $176,000 | $1,412,000 |
rent income | $43,000 | $49,000 | $51,000 | $54,000 | $56,000 | $58,000 | $61,000 | $63,000 | $66,000 | $69,000 | $572,000 |
mortgage principal reduction | $24,000 | $28,000 | $29,000 | $30,000 | $32,000 | $33,000 | $35,000 | $37,000 | $38,000 | $40,000 | $327,000 |
deposit interest | - | - | - | - | - | - | - | - | - | - | - |
gst hst rebate | $24,000 | - | - | - | - | - | - | - | - | - | $24,000 |
total income return | $203,000 | $194,000 | $203,000 | $213,000 | $224,000 | $235,000 | $247,000 | $259,000 | $272,000 | $285,000 | $2,334,000 |
Expense/ Investment
Category | Y1 | Y2 | Y3 | Y4 | Y5 | Y6 | Y7 | Y8 | Y9 | Y10 | Total |
---|---|---|---|---|---|---|---|---|---|---|---|
deposit | $321,000 | - | - | - | - | - | - | - | - | - | $321,000 |
remaining balance payment | $107,000 | - | - | - | - | - | - | - | - | - | $107,000 |
closing cost | $120,000 | - | - | - | - | - | - | - | - | - | $120,000 |
operating expense | $26,000 | $29,000 | $29,000 | $30,000 | $30,000 | $31,000 | $32,000 | $33,000 | $33,000 | $34,000 | $307,000 |
mortgage payment | $98,000 | $107,000 | $107,000 | $107,000 | $107,000 | $107,000 | $107,000 | $107,000 | $107,000 | $107,000 | $1,063,000 |
total expense investment | $672,000 | $136,000 | $136,000 | $137,000 | $138,000 | $138,000 | $139,000 | $140,000 | $140,000 | $141,000 | $1,918,000 |
Other
Category | Y1 | Y2 | Y3 | Y4 | Y5 | Y6 | Y7 | Y8 | Y9 | Y10 | Total |
---|---|---|---|---|---|---|---|---|---|---|---|
net gain loss | -$469,666 | $58,000 | $67,000 | $77,000 | $86,000 | $97,000 | $108,000 | $119,000 | $131,000 | $144,000 | $417,000 |
cumulative roi | $26 | $43 | $57 | $70 | $82 | $93 | $103 | $113 | $122 | $132 | $840 |
The Rhodes
Address: Toronto C03, Ontario
Price Range: $1,370,000 - $5,170,000
Avail. suites: 13
1.5—3.5 bd
998—2915 SqFt