Suite number:
2M (Signature Collection)
Project:
Address:
Toronto W08, Ontario
Developer:
Tridel
Property type:
condo
Floor plan:
Bathrooms:
2.5
Bedrooms:
2
Size:
1497 sqft
Occupancy Date:
Jan 2025
Price, CAD
$2,215,000
Available
ROI
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Investment Period: 5 years
Yearly Return on Investment in Year 5
17.60%
Cumulative Return on Investment in Year 5
81.98%
Property Price at the End of Year 5
$2,854,000
Deposit Schedule
$5 at Signing
Total up to 15% in 9999 days
$332,250
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 | $115,000 | $121,000 | $127,000 | $134,000 | $141,000 | $148,000 | $156,000 | $164,000 | $173,000 | $182,000 | $1,462,000 |
rent income | $40,000 | $46,000 | $47,000 | $50,000 | $52,000 | $54,000 | $56,000 | $59,000 | $61,000 | $64,000 | $528,000 |
mortgage principal reduction | $25,000 | $29,000 | $30,000 | $31,000 | $33,000 | $35,000 | $36,000 | $38,000 | $40,000 | $42,000 | $338,000 |
deposit interest | - | - | - | - | - | - | - | - | - | - | - |
gst hst rebate | $24,000 | - | - | - | - | - | - | - | - | - | $24,000 |
total income return | $204,000 | $195,000 | $205,000 | $215,000 | $226,000 | $237,000 | $248,000 | $261,000 | $274,000 | $287,000 | $2,352,000 |
Expense/ Investment
Category | Y1 | Y2 | Y3 | Y4 | Y5 | Y6 | Y7 | Y8 | Y9 | Y10 | Total |
---|---|---|---|---|---|---|---|---|---|---|---|
deposit | $332,000 | - | - | - | - | - | - | - | - | - | $332,000 |
remaining balance payment | $111,000 | - | - | - | - | - | - | - | - | - | $111,000 |
closing cost | $124,000 | - | - | - | - | - | - | - | - | - | $124,000 |
operating expense | $21,000 | $23,000 | $24,000 | $24,000 | $25,000 | $26,000 | $26,000 | $27,000 | $27,000 | $28,000 | $252,000 |
mortgage payment | $102,000 | $111,000 | $111,000 | $111,000 | $111,000 | $111,000 | $111,000 | $111,000 | $111,000 | $111,000 | $1,100,000 |
total expense investment | $690,000 | $134,000 | $135,000 | $135,000 | $136,000 | $137,000 | $137,000 | $138,000 | $138,000 | $139,000 | $1,919,000 |
Other
Category | Y1 | Y2 | Y3 | Y4 | Y5 | Y6 | Y7 | Y8 | Y9 | Y10 | Total |
---|---|---|---|---|---|---|---|---|---|---|---|
net gain loss | -$485,868 | $61,000 | $70,000 | $80,000 | $90,000 | $100,000 | $111,000 | $123,000 | $135,000 | $148,000 | $433,000 |
cumulative roi | $26 | $43 | $58 | $70 | $82 | $93 | $103 | $113 | $122 | $132 | $841 |
Edenbridge on The Kingsway
Address: Toronto W08, Ontario
Price Range: $2,165,000 - $2,905,000
Avail. suites: 9
1—2.5 bd
637—2379 SqFt