Suite number:
Garden Home 2
Project:
Address:
Toronto C02, Ontario
Developer:
North Drive
Property type:
condo
Floor plan:
Bathrooms:
2.5
Bedrooms:
2
Size:
2745 sqft
Occupancy Date:
Jun 2025
Price, CAD
$6,890,000
Available
ROI
Want to own a unit? —
Investment Period: 5 years
Yearly Return on Investment in Year 5
16.83%
Cumulative Return on Investment in Year 5
76.09%
Property Price at the End of Year 5
$8,876,000
Deposit Schedule
$20,000 at Signing
Total up to 5% in 30 days
$344,500
5% in 90 days
$344,500
10% on Occupancy
$689,000
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 | $357,000 | $377,000 | $396,000 | $417,000 | $439,000 | $462,000 | $486,000 | $511,000 | $537,000 | $565,000 | $4,547,000 |
| rent income | $47,000 | $82,000 | $86,000 | $90,000 | $93,000 | $97,000 | $102,000 | $106,000 | $111,000 | $115,000 | $929,000 |
| mortgage principal reduction | $49,000 | $87,000 | $92,000 | $96,000 | $101,000 | $106,000 | $111,000 | $116,000 | $122,000 | $128,000 | $1,008,000 |
| deposit interest | $4,000 | - | - | - | - | - | - | - | - | - | $4,000 |
| gst hst rebate | $24,000 | - | - | - | - | - | - | - | - | - | $24,000 |
| total income return | $481,000 | $547,000 | $574,000 | $603,000 | $633,000 | $665,000 | $698,000 | $733,000 | $770,000 | $808,000 | $6,511,000 |
Expense/ Investment
| Category | Y1 | Y2 | Y3 | Y4 | Y5 | Y6 | Y7 | Y8 | Y9 | Y10 | Total |
|---|---|---|---|---|---|---|---|---|---|---|---|
| deposit | $1,378,000 | - | - | - | - | - | - | - | - | - | $1,378,000 |
| remaining balance payment | - | - | - | - | - | - | - | - | - | - | - |
| closing cost | $358,000 | - | - | - | - | - | - | - | - | - | $358,000 |
| operating expense | $38,000 | $67,000 | $68,000 | $70,000 | $71,000 | $73,000 | $74,000 | $76,000 | $78,000 | $79,000 | $695,000 |
| mortgage payment | $201,000 | $345,000 | $345,000 | $345,000 | $345,000 | $345,000 | $345,000 | $345,000 | $345,000 | $345,000 | $3,307,000 |
| total expense investment | $1,976,000 | $412,000 | $413,000 | $415,000 | $416,000 | $418,000 | $419,000 | $421,000 | $423,000 | $424,000 | $5,737,000 |
Other
| Category | Y1 | Y2 | Y3 | Y4 | Y5 | Y6 | Y7 | Y8 | Y9 | Y10 | Total |
|---|---|---|---|---|---|---|---|---|---|---|---|
| net gain loss | -$1,494,640 | $135,000 | $161,000 | $188,000 | $217,000 | $247,000 | $279,000 | $312,000 | $347,000 | $384,000 | $774,000 |
| cumulative roi | $23 | $40 | $54 | $66 | $76 | $85 | $94 | $102 | $109 | $117 | $766 |
10 Prince Arthur
Address: Toronto C02, Ontario
Price Range: $5,590,000 - $6,890,000
Avail. suites: 6
2—3.5 bd
1428—9020 SqFt