Suite number:
B496 - 311
Project:
Address:
Toronto, Ontario
Developer:
Originate Developments
Property type:
condo
Floor plan:
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
23.92%
Cumulative Return on Investment in Year 5
114.79%
Property Price at the End of Year 5
$970,000
Deposit Schedule
$10,000 at Signing
Total up to 5% in -415 days
$37,650
5% in -50 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 | - | $5,000 | $12,000 | $12,000 | $13,000 | $13,000 | $14,000 | $15,000 | $15,000 | $16,000 | $114,000 |
| mortgage principal reduction | - | $4,000 | $9,000 | $10,000 | $10,000 | $11,000 | $11,000 | $12,000 | $13,000 | $13,000 | $94,000 |
| deposit interest | $4,000 | $1,000 | - | - | - | - | - | - | - | - | $5,000 |
| gst hst rebate | - | $24,000 | - | - | - | - | - | - | - | - | $24,000 |
| total income return | $43,000 | $75,000 | $65,000 | $68,000 | $71,000 | $75,000 | $78,000 | $82,000 | $86,000 | $91,000 | $734,000 |
Expense/ Investment
| Category | Y1 | Y2 | Y3 | Y4 | Y5 | Y6 | Y7 | Y8 | Y9 | Y10 | Total |
|---|---|---|---|---|---|---|---|---|---|---|---|
| deposit | $38,000 | $38,000 | - | - | - | - | - | - | - | - | $75,000 |
| remaining balance payment | - | - | - | - | - | - | - | - | - | - | - |
| closing cost | - | $64,000 | - | - | - | - | - | - | - | - | $64,000 |
| operating expense | - | $3,000 | $8,000 | $8,000 | $8,000 | $8,000 | $8,000 | $8,000 | $9,000 | $9,000 | $68,000 |
| mortgage payment | - | $16,000 | $38,000 | $38,000 | $38,000 | $38,000 | $38,000 | $38,000 | $38,000 | $38,000 | $317,000 |
| total expense investment | $38,000 | $120,000 | $45,000 | $45,000 | $46,000 | $46,000 | $46,000 | $46,000 | $46,000 | $46,000 | $524,000 |
Other
| Category | Y1 | Y2 | Y3 | Y4 | Y5 | Y6 | Y7 | Y8 | Y9 | Y10 | Total |
|---|---|---|---|---|---|---|---|---|---|---|---|
| net gain loss | $6,000 | -$45,132 | $19,000 | $22,000 | $26,000 | $29,000 | $33,000 | $36,000 | $40,000 | $44,000 | $210,000 |
| cumulative roi | $115 | $78 | $93 | $105 | $115 | $124 | $132 | $139 | $147 | $154 | $1,000 |
Reside on Richmond
Address: Toronto, Ontario
Price Range: $552,000 - $1,434,000
Avail. suites: 21
0—3 bd
349—1091 SqFt