Suite number:
B496 - 311
Project:
Address:
Toronto C01, Ontario
Developer:
Originate Developments
Property type:
condo
Bathrooms:
1
Bedrooms:
1
Size:
496 sqft
Occupancy Date:
Jan 2027
Price, CAD
$752,990
Available
ROI
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Investment Period: 5 years
Yearly Return on Investment in Year 5
23.14%
Cumulative Return on Investment in Year 5
110.99%
Property Price at the End of Year 5
$970,000
Deposit Schedule
$10,000 at Signing
Total up to 5% in 0 days
$37,650
5% in 0 days
$37,650
5% in 15 days
$37,650
5% on Occupancy
$37,650
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 | $39,000 | $41,000 | $43,000 | $46,000 | $48,000 | $50,000 | $53,000 | $56,000 | $59,000 | $62,000 | $497,000 |
| rent income | - | - | $10,000 | $12,000 | $13,000 | $13,000 | $14,000 | $14,000 | $15,000 | $15,000 | $105,000 |
| mortgage principal reduction | - | - | $8,000 | $10,000 | $11,000 | $11,000 | $12,000 | $12,000 | $13,000 | $13,000 | $89,000 |
| deposit interest | $6,000 | $4,000 | $434 | - | - | - | - | - | - | - | $11,000 |
| gst hst rebate | - | - | $24,000 | - | - | - | - | - | - | - | $24,000 |
| total income return | $45,000 | $45,000 | $86,000 | $68,000 | $71,000 | $75,000 | $78,000 | $82,000 | $86,000 | $90,000 | $726,000 |
Expense/ Investment
| Category | Y1 | Y2 | Y3 | Y4 | Y5 | Y6 | Y7 | Y8 | Y9 | Y10 | Total |
|---|---|---|---|---|---|---|---|---|---|---|---|
| deposit | $75,000 | - | $38,000 | - | - | - | - | - | - | - | $113,000 |
| remaining balance payment | - | - | - | - | - | - | - | - | - | - | - |
| closing cost | - | - | $62,000 | - | - | - | - | - | - | - | $62,000 |
| operating expense | - | - | $6,000 | $8,000 | $8,000 | $8,000 | $8,000 | $9,000 | $9,000 | $9,000 | $65,000 |
| mortgage payment | - | - | $31,000 | $37,000 | $37,000 | $37,000 | $37,000 | $37,000 | $37,000 | $37,000 | $287,000 |
| total expense investment | $75,000 | - | $136,000 | $44,000 | $44,000 | $45,000 | $45,000 | $45,000 | $46,000 | $46,000 | $527,000 |
Other
| Category | Y1 | Y2 | Y3 | Y4 | Y5 | Y6 | Y7 | Y8 | Y9 | Y10 | Total |
|---|---|---|---|---|---|---|---|---|---|---|---|
| net gain loss | -$29,837 | $45,000 | -$50,938 | $23,000 | $27,000 | $30,000 | $33,000 | $37,000 | $41,000 | $45,000 | $200,000 |
| cumulative roi | $60 | $120 | $88 | $101 | $111 | $120 | $129 | $137 | $145 | $152 | $1,000 |
Reside on Richmond
Address: Toronto C01, Ontario
Price Range: $552,000 - $1,434,000
Avail. suites: 21
0—3 bd
349—1091 SqFt