Suite number:
3B
Project:
Address:
Toronto C03, Ontario
Developer:
Blackdoor Development Company
Property type:
condo
Floor plan:
Bathrooms:
2
Bedrooms:
1.5
Size:
1437 sqft
Occupancy Date:
Jan 2025
Price, CAD
$2,299,900
Available
ROI
Want to own a unit? —
Investment Period: 5 years
Yearly Return on Investment in Year 5
17.53%
Cumulative Return on Investment in Year 5
81.55%
Property Price at the End of Year 5
$2,963,000
Deposit Schedule
$30,000 at Signing
Total up to 15% in 9999 days
$344,985
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 | $119,000 | $126,000 | $132,000 | $139,000 | $146,000 | $154,000 | $162,000 | $171,000 | $179,000 | $189,000 | $1,518,000 |
| rent income | $46,000 | $52,000 | $54,000 | $57,000 | $59,000 | $62,000 | $64,000 | $67,000 | $70,000 | $73,000 | $605,000 |
| mortgage principal reduction | $26,000 | $30,000 | $31,000 | $33,000 | $34,000 | $36,000 | $38,000 | $39,000 | $41,000 | $43,000 | $351,000 |
| deposit interest | - | - | - | - | - | - | - | - | - | - | - |
| gst hst rebate | $24,000 | - | - | - | - | - | - | - | - | - | $24,000 |
| total income return | $215,000 | $208,000 | $218,000 | $229,000 | $240,000 | $252,000 | $264,000 | $277,000 | $291,000 | $305,000 | $2,498,000 |
Expense/ Investment
| Category | Y1 | Y2 | Y3 | Y4 | Y5 | Y6 | Y7 | Y8 | Y9 | Y10 | Total |
|---|---|---|---|---|---|---|---|---|---|---|---|
| deposit | $345,000 | - | - | - | - | - | - | - | - | - | $345,000 |
| remaining balance payment | $115,000 | - | - | - | - | - | - | - | - | - | $115,000 |
| closing cost | $128,000 | - | - | - | - | - | - | - | - | - | $128,000 |
| operating expense | $27,000 | $30,000 | $31,000 | $32,000 | $32,000 | $33,000 | $34,000 | $35,000 | $35,000 | $36,000 | $326,000 |
| mortgage payment | $106,000 | $115,000 | $115,000 | $115,000 | $115,000 | $115,000 | $115,000 | $115,000 | $115,000 | $115,000 | $1,142,000 |
| total expense investment | $721,000 | $145,000 | $146,000 | $147,000 | $148,000 | $148,000 | $149,000 | $150,000 | $151,000 | $151,000 | $2,056,000 |
Other
| Category | Y1 | Y2 | Y3 | Y4 | Y5 | Y6 | Y7 | Y8 | Y9 | Y10 | Total |
|---|---|---|---|---|---|---|---|---|---|---|---|
| net gain loss | -$505,966 | $62,000 | $72,000 | $82,000 | $92,000 | $103,000 | $115,000 | $127,000 | $140,000 | $154,000 | $441,000 |
| cumulative roi | $25 | $43 | $57 | $70 | $82 | $92 | $102 | $112 | $122 | $131 | $836 |
The Rhodes
Address: Toronto C03, Ontario
Price Range: $1,370,000 - $5,170,000
Avail. suites: 13
1.5—3.5 bd
998—2915 SqFt