Suite number:
The Charles
Project:
Address:
Toronto, Ontario
Developer:
The Sher Corporation
Property type:
condo
Floor plan:
Bathrooms:
2.5
Bedrooms:
2.5
Size:
1251 sqft
Occupancy Date:
Mar 2025
Price, CAD
$1,669,990
Available
ROI
Want to own a unit? —
Investment Period: 5 years
Yearly Return on Investment in Year 5
24.64%
Cumulative Return on Investment in Year 5
116.36%
Property Price at the End of Year 5
$2,152,000
Deposit Schedule
$5,000 at Signing
Total up to 5% in -287 days
$83,500
5% in -196 days
$83,500
5% on Occupancy
$83,500
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 | $87,000 | $91,000 | $96,000 | $101,000 | $106,000 | $112,000 | $118,000 | $124,000 | $130,000 | $137,000 | $1,103,000 |
| rent income | $36,000 | $45,000 | $47,000 | $49,000 | $51,000 | $54,000 | $56,000 | $58,000 | $61,000 | $63,000 | $521,000 |
| mortgage principal reduction | $17,000 | $21,000 | $22,000 | $24,000 | $25,000 | $26,000 | $27,000 | $29,000 | $30,000 | $31,000 | $252,000 |
| deposit interest | $4,000 | - | - | - | - | - | - | - | - | - | $4,000 |
| gst hst rebate | $24,000 | - | - | - | - | - | - | - | - | - | $24,000 |
| total income return | $168,000 | $158,000 | $166,000 | $174,000 | $182,000 | $191,000 | $201,000 | $211,000 | $221,000 | $232,000 | $1,904,000 |
Expense/ Investment
| Category | Y1 | Y2 | Y3 | Y4 | Y5 | Y6 | Y7 | Y8 | Y9 | Y10 | Total |
|---|---|---|---|---|---|---|---|---|---|---|---|
| deposit | $83,000 | - | - | - | - | - | - | - | - | - | $83,000 |
| remaining balance payment | $83,000 | - | - | - | - | - | - | - | - | - | $83,000 |
| closing cost | $100,000 | - | - | - | - | - | - | - | - | - | $100,000 |
| operating expense | $16,000 | $20,000 | $20,000 | $21,000 | $21,000 | $22,000 | $22,000 | $23,000 | $23,000 | $24,000 | $214,000 |
| mortgage payment | $70,000 | $84,000 | $84,000 | $84,000 | $84,000 | $84,000 | $84,000 | $84,000 | $84,000 | $84,000 | $822,000 |
| total expense investment | $353,000 | $104,000 | $104,000 | $105,000 | $105,000 | $106,000 | $106,000 | $107,000 | $107,000 | $108,000 | $1,303,000 |
Other
| Category | Y1 | Y2 | Y3 | Y4 | Y5 | Y6 | Y7 | Y8 | Y9 | Y10 | Total |
|---|---|---|---|---|---|---|---|---|---|---|---|
| net gain loss | -$184,922 | $54,000 | $62,000 | $69,000 | $77,000 | $86,000 | $95,000 | $104,000 | $114,000 | $124,000 | $601,000 |
| cumulative roi | $43 | $67 | $86 | $102 | $116 | $130 | $142 | $154 | $167 | $179 | $1,000 |
UOVO Boutique Residences
Address: Toronto, Ontario
Price Range: $1,000,000 - $4,000,000
Avail. suites: 19
1.5—3.5 bd
733—1996 SqFt