Suite number:
1208 - LIMA
Project:
Address:
Toronto C08, Ontario
Developer:
Emblem Developments
Property type:
condo
Bathrooms:
1
Bedrooms:
2
Size:
666 sqft
Occupancy Date:
Mar 2028
$955,990
Available
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Investment Period: 5 years
Yearly Return on Investment in Year 5
24.19%
Cumulative Return on Investment in Year 5
111.74%
Property Price at the End of Year 5
$1,232,000
Deposit Schedule
$10,000 at Signing
Total up to 2.5% in 30 days
$23,900
2.5% in 90 days
$23,900
2.5% in 200 days
$23,900
2.5% in 400 days
$23,900
2.5% in 800 days
$23,900
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 | $50,000 | $52,000 | $55,000 | $58,000 | $61,000 | $64,000 | $67,000 | $71,000 | $75,000 | $78,000 | $631,000 |
rent income | - | - | - | $15,000 | $20,000 | $21,000 | $22,000 | $23,000 | $24,000 | $25,000 | $149,000 |
mortgage principal reduction | - | - | - | $9,000 | $13,000 | $13,000 | $14,000 | $15,000 | $15,000 | $16,000 | $95,000 |
deposit interest | $3,000 | $6,000 | $8,000 | $1,000 | - | - | - | - | - | - | $19,000 |
gst hst rebate | - | - | - | $24,000 | - | - | - | - | - | - | $24,000 |
total income return | $52,000 | $58,000 | $63,000 | $107,000 | $94,000 | $98,000 | $103,000 | $108,000 | $114,000 | $119,000 | $918,000 |
Expense/ Investment
Category | Y1 | Y2 | Y3 | Y4 | Y5 | Y6 | Y7 | Y8 | Y9 | Y10 | Total |
---|---|---|---|---|---|---|---|---|---|---|---|
deposit | $72,000 | $24,000 | $24,000 | $72,000 | - | - | - | - | - | - | $191,000 |
remaining balance payment | - | - | - | - | - | - | - | - | - | - | - |
closing cost | - | - | - | $70,000 | - | - | - | - | - | - | $70,000 |
operating expense | - | - | - | $8,000 | $10,000 | $11,000 | $11,000 | $11,000 | $12,000 | $12,000 | $75,000 |
mortgage payment | - | - | - | $35,000 | $47,000 | $47,000 | $47,000 | $47,000 | $47,000 | $47,000 | $314,000 |
total expense investment | $72,000 | $24,000 | $24,000 | $184,000 | $57,000 | $57,000 | $58,000 | $58,000 | $58,000 | $59,000 | $651,000 |
Other
Category | Y1 | Y2 | Y3 | Y4 | Y5 | Y6 | Y7 | Y8 | Y9 | Y10 | Total |
---|---|---|---|---|---|---|---|---|---|---|---|
net gain loss | -$19,334 | $34,000 | $39,000 | -$77,225 | $37,000 | $41,000 | $46,000 | $50,000 | $55,000 | $61,000 | $267,000 |
cumulative roi | $73 | $116 | $146 | $100 | $112 | $123 | $133 | $142 | $151 | $160 | $1,000 |
Allure Condos
Address: Toronto C08, Ontario
Price Range: $740,000 - $1,330,000
Avail. suites: 26
0—3 bd
428—954 SqFt