Suite number:

A2

Address:
Toronto E08, Ontario
Developer:
Skale Developments
Property type:
condo
Floor plan:
Bathrooms:
1
Bedrooms:
1
Size:
451 sqft
Occupancy Date:
Feb 2027
Price, CAD
$604,000
Available
ROI
12,00%
Monthly Expenses
  • condo fees— $311
  • property taxes— $151
  • property management— $54
  • repairs and maintenance— $27
Total: $543
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Investment Period: 5 years
Yearly Return on Investment in Year 5

19.05%

Cumulative Return on Investment in Year 5

93.13%

Property Price at the End of Year 5

$778,000

Deposit Schedule
$10,000 at Signing
Total up to 2.5% in 30 days
$15,100
2.5% in 90 days
$15,100
2.5% in 365 days
$15,100
2.5% in 540 days
$15,100
2.5% in 720 days
$15,100
Net Gain (Loss)
Y1Y2Y3Y4Y5Y6Y7Y8Y9Y10-$70K-$35K$0$35K$70K
  • Net Gain Loss
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Property Price Appreciation
Y1Y2Y3Y4Y5Y6Y7Y8Y9Y10$0$15K$30K$45K$60K
  • Property Price Appreciation
Investment Details (10-Year Period)
Income/Return
CategoryY1Y2Y3Y4Y5Y6Y7Y8Y9Y10Total
property price appreciation$31,000$33,000$35,000$37,000$38,000$40,000$43,000$45,000$47,000$50,000$399,000
rent income--$10,000$11,000$11,000$12,000$12,000$13,000$14,000$14,000$97,000
mortgage principal reduction--$7,000$8,000$8,000$9,000$9,000$9,000$10,000$10,000$70,000
deposit interest$1,000$6,000$172-------$7,000
gst hst rebate--$24,000-------$24,000
total income return$32,000$39,000$75,000$55,000$58,000$61,000$64,000$67,000$71,000$74,000$597,000
Expense/ Investment
CategoryY1Y2Y3Y4Y5Y6Y7Y8Y9Y10Total
deposit$30,000$45,000$45,000-------$121,000
remaining balance payment-----------
closing cost--$58,000-------$58,000
operating expense--$6,000$7,000$7,000$7,000$7,000$7,000$7,000$8,000$56,000
mortgage payment--$28,000$30,000$30,000$30,000$30,000$30,000$30,000$30,000$239,000
total expense investment$30,000$45,000$137,000$37,000$37,000$37,000$37,000$38,000$38,000$38,000$474,000
Other
CategoryY1Y2Y3Y4Y5Y6Y7Y8Y9Y10Total
net gain loss$2,000-$6,571-$61,192$18,000$21,000$24,000$27,000$30,000$33,000$36,000$123,000
cumulative roi$108$94$71$83$93$103$111$120$128$136$1,000
Residences at Bluffers Park
Address: Toronto E08, Ontario
Price Range: $517,000 - $1,156,000
Avail. suites: 20
1—3.5 bd
430—1082 SqFt
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Annual Interest Rate (%)
4.75%
Vacancy Rate (%)
2.5%
Annual Growth Rate (%)
4.3%
Annual OPEX Inflation Rate (%)
2%