Suite number:
C5
Project:
Address:
Toronto W07, Ontario
Developer:
Urban Capital
Property type:
condo
Bathrooms:
2
Bedrooms:
2
Size:
710 sqft
Occupancy Date:
Jan 2025
$785,000
Available
Want to own a unit? —
Investment Period: 5 years
Yearly Return on Investment in Year 5
18.07%
Cumulative Return on Investment in Year 5
88.74%
Property Price at the End of Year 5
$1,011,000
Deposit Schedule
$5,000 at Signing
Total up to 5% in 0 days
$39,250
5% on Occupancy
$39,250
Net Gain (Loss)
Get Expert Advice
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 | $41,000 | $43,000 | $45,000 | $48,000 | $50,000 | $53,000 | $55,000 | $58,000 | $61,000 | $64,000 | $518,000 |
rent income | $19,000 | $22,000 | $23,000 | $23,000 | $24,000 | $26,000 | $27,000 | $28,000 | $29,000 | $30,000 | $250,000 |
mortgage principal reduction | $9,000 | $11,000 | $11,000 | $12,000 | $12,000 | $13,000 | $13,000 | $14,000 | $14,000 | $15,000 | $124,000 |
deposit interest | -$67 | - | - | - | - | - | - | - | - | - | -$67 |
gst hst rebate | $24,000 | - | - | - | - | - | - | - | - | - | $24,000 |
total income return | $93,000 | $75,000 | $79,000 | $83,000 | $87,000 | $91,000 | $95,000 | $100,000 | $105,000 | $110,000 | $916,000 |
Expense/ Investment
Category | Y1 | Y2 | Y3 | Y4 | Y5 | Y6 | Y7 | Y8 | Y9 | Y10 | Total |
---|---|---|---|---|---|---|---|---|---|---|---|
deposit | $79,000 | - | - | - | - | - | - | - | - | - | $79,000 |
remaining balance payment | $79,000 | - | - | - | - | - | - | - | - | - | $79,000 |
closing cost | $63,000 | - | - | - | - | - | - | - | - | - | $63,000 |
operating expense | $9,000 | $10,000 | $10,000 | $10,000 | $11,000 | $11,000 | $11,000 | $12,000 | $12,000 | $12,000 | $106,000 |
mortgage payment | $35,000 | $38,000 | $38,000 | $38,000 | $38,000 | $38,000 | $38,000 | $38,000 | $38,000 | $38,000 | $379,000 |
total expense investment | $264,000 | $48,000 | $48,000 | $48,000 | $49,000 | $49,000 | $49,000 | $50,000 | $50,000 | $50,000 | $705,000 |
Other
Category | Y1 | Y2 | Y3 | Y4 | Y5 | Y6 | Y7 | Y8 | Y9 | Y10 | Total |
---|---|---|---|---|---|---|---|---|---|---|---|
net gain loss | -$170,933 | $27,000 | $31,000 | $34,000 | $38,000 | $42,000 | $46,000 | $50,000 | $55,000 | $59,000 | $211,000 |
cumulative roi | $30 | $47 | $62 | $76 | $89 | $101 | $113 | $124 | $135 | $147 | $925 |
Reina Condos
Address: Toronto W07, Ontario
Price Range: $595,000 - $1,545,000
Avail. suites: 15
1—3.5 bd
520—1485 SqFt