Suite number:
The Charles
Project:
Address:
Toronto C03, Ontario
Developer:
The Sher Corporation
Property type:
condo
Bathrooms:
2.5
Bedrooms:
2.5
Size:
1251 sqft
Occupancy Date:
Aug 2024
Price, CAD
$1,669,990
Available
ROI
Want to own a unit? —
Investment Period: 5 years
Yearly Return on Investment in Year 5
32.63%
Cumulative Return on Investment in Year 5
149.81%
Property Price at the End of Year 5
$2,151,000
Deposit Schedule
$5,000 at Signing
Total up to 5% in 0 days
$83,500
5% in 0 days
$83,500
5% on Occupancy
$83,500
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 | $87,000 | $91,000 | $96,000 | $101,000 | $106,000 | $112,000 | $118,000 | $124,000 | $130,000 | $137,000 | $1,102,000 |
| rent income | - | - | - | - | - | - | - | - | - | - | - |
| mortgage principal reduction | $29,000 | $23,000 | $24,000 | $25,000 | $26,000 | $27,000 | $29,000 | $30,000 | $31,000 | $33,000 | $277,000 |
| deposit interest | - | - | - | - | - | - | - | - | - | - | - |
| gst hst rebate | - | - | - | - | - | - | - | - | - | - | - |
| total income return | $116,000 | $114,000 | $120,000 | $126,000 | $133,000 | $139,000 | $146,000 | $154,000 | $162,000 | $170,000 | $1,379,000 |
Expense/ Investment
| Category | Y1 | Y2 | Y3 | Y4 | Y5 | Y6 | Y7 | Y8 | Y9 | Y10 | Total |
|---|---|---|---|---|---|---|---|---|---|---|---|
| deposit | - | - | - | - | - | - | - | - | - | - | - |
| remaining balance payment | - | - | - | - | - | - | - | - | - | - | - |
| closing cost | - | - | - | - | - | - | - | - | - | - | - |
| operating expense | - | - | - | - | - | - | - | - | - | - | - |
| mortgage payment | $81,000 | $81,000 | $81,000 | $81,000 | $81,000 | $81,000 | $81,000 | $81,000 | $81,000 | $81,000 | $812,000 |
| total expense investment | $81,000 | $81,000 | $81,000 | $81,000 | $81,000 | $81,000 | $81,000 | $81,000 | $81,000 | $81,000 | $812,000 |
Other
| Category | Y1 | Y2 | Y3 | Y4 | Y5 | Y6 | Y7 | Y8 | Y9 | Y10 | Total |
|---|---|---|---|---|---|---|---|---|---|---|---|
| net gain loss | $34,000 | $33,000 | $39,000 | $45,000 | $51,000 | $58,000 | $65,000 | $73,000 | $80,000 | $89,000 | $567,000 |
| cumulative roi | $142 | $141 | $144 | $146 | $150 | $153 | $157 | $161 | $165 | $170 | $2,000 |
UOVO Boutique Residences
Address: Toronto C03, Ontario
Price Range: $1,000,000 - $4,000,000
Avail. suites: 19
1.5—3.5 bd
733—1996 SqFt