Suite number:
A10
Project:
Address:
Toronto E08, Ontario
Developer:
Skale Developments
Property type:
condo
Bathrooms:
1
Bedrooms:
1
Size:
482 sqft
Occupancy Date:
Feb 2027
Status
This property is sold
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Investment Period: 5 years
Yearly Return on Investment in Year 5
19.88%
Cumulative Return on Investment in Year 5
97.59%
Property Price at the End of Year 5
$724,000
Deposit Schedule
$10,000 at Signing
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 | $29,000 | $31,000 | $32,000 | $34,000 | $36,000 | $38,000 | $40,000 | $42,000 | $44,000 | $46,000 | $371,000 |
| rent income | - | - | $8,000 | $12,000 | $12,000 | $13,000 | $13,000 | $14,000 | $14,000 | $15,000 | $101,000 |
| mortgage principal reduction | - | - | $5,000 | $8,000 | $8,000 | $8,000 | $9,000 | $9,000 | $9,000 | $10,000 | $66,000 |
| deposit interest | $1,000 | $5,000 | $849 | - | - | - | - | - | - | - | $7,000 |
| gst hst rebate | - | - | $24,000 | - | - | - | - | - | - | - | $24,000 |
| total income return | $30,000 | $36,000 | $71,000 | $53,000 | $56,000 | $59,000 | $61,000 | $64,000 | $68,000 | $71,000 | $569,000 |
Expense/ Investment
| Category | Y1 | Y2 | Y3 | Y4 | Y5 | Y6 | Y7 | Y8 | Y9 | Y10 | Total |
|---|---|---|---|---|---|---|---|---|---|---|---|
| deposit | $28,000 | $42,000 | $42,000 | - | - | - | - | - | - | - | $112,000 |
| remaining balance payment | - | - | - | - | - | - | - | - | - | - | - |
| closing cost | - | - | $54,000 | - | - | - | - | - | - | - | $54,000 |
| operating expense | - | - | $5,000 | $7,000 | $7,000 | $7,000 | $8,000 | $8,000 | $8,000 | $8,000 | $58,000 |
| mortgage payment | - | - | $21,000 | $27,000 | $27,000 | $27,000 | $27,000 | $27,000 | $27,000 | $27,000 | $212,000 |
| total expense investment | $28,000 | $42,000 | $122,000 | $34,000 | $34,000 | $35,000 | $35,000 | $35,000 | $35,000 | $36,000 | $437,000 |
Other
| Category | Y1 | Y2 | Y3 | Y4 | Y5 | Y6 | Y7 | Y8 | Y9 | Y10 | Total |
|---|---|---|---|---|---|---|---|---|---|---|---|
| net gain loss | $2,000 | -$6,116 | -$51,066 | $19,000 | $21,000 | $24,000 | $27,000 | $29,000 | $32,000 | $35,000 | $133,000 |
| cumulative roi | $108 | $95 | $74 | $86 | $98 | $108 | $117 | $126 | $135 | $144 | $1,000 |
Residences at Bluffers Park
Address: Toronto E08, Ontario
Price Range: $517,000 - $1,156,000
Avail. suites: 19
1—3.5 bd
430—1082 SqFt