Suite number:
3106
Project:
Address:
Toronto C08, Ontario
Developer:
The Sher Corporation
Property type:
condo
Bathrooms:
1
Bedrooms:
1
Size:
504 sqft
Occupancy Date:
Mar 2024
$834,900
Available
Want to own a unit? —
Investment Period: 5 years
Yearly Return on Investment in Year 5
32.75%
Cumulative Return on Investment in Year 5
152.58%
Property Price at the End of Year 5
$1,076,000
Deposit Schedule
$5,000 at Signing
Total up to 10% in 10029 days
$83,490
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 | $43,000 | $46,000 | $48,000 | $51,000 | $53,000 | $56,000 | $59,000 | $62,000 | $65,000 | $69,000 | $551,000 |
rent income | - | - | - | - | - | - | - | - | - | - | - |
mortgage principal reduction | $19,000 | $12,000 | $12,000 | $13,000 | $13,000 | $14,000 | $15,000 | $15,000 | $16,000 | $17,000 | $146,000 |
deposit interest | - | - | - | - | - | - | - | - | - | - | - |
gst hst rebate | - | - | - | - | - | - | - | - | - | - | - |
total income return | $62,000 | $57,000 | $60,000 | $63,000 | $67,000 | $70,000 | $73,000 | $77,000 | $81,000 | $85,000 | $697,000 |
Expense/ Investment
Category | Y1 | Y2 | Y3 | Y4 | Y5 | Y6 | Y7 | Y8 | Y9 | Y10 | Total |
---|---|---|---|---|---|---|---|---|---|---|---|
deposit | - | - | - | - | - | - | - | - | - | - | - |
remaining balance payment | - | - | - | - | - | - | - | - | - | - | - |
closing cost | - | - | - | - | - | - | - | - | - | - | - |
operating expense | - | - | - | - | - | - | - | - | - | - | - |
mortgage payment | $41,000 | $41,000 | $41,000 | $41,000 | $41,000 | $41,000 | $41,000 | $41,000 | $41,000 | $41,000 | $406,000 |
total expense investment | $41,000 | $41,000 | $41,000 | $41,000 | $41,000 | $41,000 | $41,000 | $41,000 | $41,000 | $41,000 | $406,000 |
Other
Category | Y1 | Y2 | Y3 | Y4 | Y5 | Y6 | Y7 | Y8 | Y9 | Y10 | Total |
---|---|---|---|---|---|---|---|---|---|---|---|
net gain loss | $22,000 | $17,000 | $20,000 | $23,000 | $26,000 | $29,000 | $33,000 | $37,000 | $40,000 | $45,000 | $290,000 |
cumulative roi | $154 | $147 | $148 | $150 | $153 | $156 | $159 | $163 | $167 | $172 | $2,000 |
The Garden District
Address: Toronto C08, Ontario
Price Range: $835,000 - $1,027,000
Avail. suites: 6
1—3 bd
504—1149 SqFt