Suite number:
Garden Home 1
Project:
Address:
Toronto C02, Ontario
Developer:
North Drive
Property type:
condo
Floor plan:
Bathrooms:
3.5
Bedrooms:
3
Size:
2646 sqft
Occupancy Date:
Jun 2025
Price, CAD
$6,690,000
Available
ROI
Want to own a unit? —
Investment Period: 5 years
Yearly Return on Investment in Year 5
17.20%
Cumulative Return on Investment in Year 5
77.77%
Property Price at the End of Year 5
$8,619,000
Deposit Schedule
$20,000 at Signing
Total up to 5% in 30 days
$334,500
5% in 90 days
$334,500
10% on Occupancy
$669,000
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 | $347,000 | $366,000 | $385,000 | $405,000 | $426,000 | $448,000 | $471,000 | $496,000 | $522,000 | $549,000 | $4,415,000 |
| rent income | $54,000 | $95,000 | $99,000 | $103,000 | $107,000 | $112,000 | $117,000 | $122,000 | $127,000 | $133,000 | $1,069,000 |
| mortgage principal reduction | $48,000 | $85,000 | $89,000 | $93,000 | $98,000 | $103,000 | $108,000 | $113,000 | $118,000 | $124,000 | $978,000 |
| deposit interest | $4,000 | - | - | - | - | - | - | - | - | - | $4,000 |
| gst hst rebate | $24,000 | - | - | - | - | - | - | - | - | - | $24,000 |
| total income return | $476,000 | $546,000 | $573,000 | $601,000 | $631,000 | $663,000 | $696,000 | $731,000 | $767,000 | $806,000 | $6,490,000 |
Expense/ Investment
| Category | Y1 | Y2 | Y3 | Y4 | Y5 | Y6 | Y7 | Y8 | Y9 | Y10 | Total |
|---|---|---|---|---|---|---|---|---|---|---|---|
| deposit | $1,338,000 | - | - | - | - | - | - | - | - | - | $1,338,000 |
| remaining balance payment | - | - | - | - | - | - | - | - | - | - | - |
| closing cost | $348,000 | - | - | - | - | - | - | - | - | - | $348,000 |
| operating expense | $38,000 | $66,000 | $67,000 | $69,000 | $70,000 | $72,000 | $74,000 | $75,000 | $77,000 | $79,000 | $687,000 |
| mortgage payment | $195,000 | $335,000 | $335,000 | $335,000 | $335,000 | $335,000 | $335,000 | $335,000 | $335,000 | $335,000 | $3,211,000 |
| total expense investment | $1,919,000 | $401,000 | $402,000 | $404,000 | $405,000 | $407,000 | $409,000 | $410,000 | $412,000 | $414,000 | $5,584,000 |
Other
| Category | Y1 | Y2 | Y3 | Y4 | Y5 | Y6 | Y7 | Y8 | Y9 | Y10 | Total |
|---|---|---|---|---|---|---|---|---|---|---|---|
| net gain loss | -$1,443,173 | $145,000 | $170,000 | $197,000 | $226,000 | $256,000 | $287,000 | $320,000 | $355,000 | $392,000 | $906,000 |
| cumulative roi | $23 | $41 | $55 | $67 | $78 | $87 | $96 | $105 | $113 | $121 | $786 |
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