Suite number:
A2
Project:
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
Want to own a unit? —
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)
- Net Gain Loss
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Property Price Appreciation
- 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 | $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
Category | Y1 | Y2 | Y3 | Y4 | Y5 | Y6 | Y7 | Y8 | Y9 | Y10 | Total |
---|---|---|---|---|---|---|---|---|---|---|---|
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
Category | Y1 | Y2 | Y3 | Y4 | Y5 | Y6 | Y7 | Y8 | Y9 | Y10 | Total |
---|---|---|---|---|---|---|---|---|---|---|---|
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
Proforma Calculator
80% of Original Price
Options for changing mortgage terms
The rental rate per square foot.