Suite number:
106
Project:
Address:
Toronto C15, Ontario
Developer:
Originate Developments
Property type:
condo
Bathrooms:
2
Bedrooms:
2.5
Size:
720 sqft
Occupancy Date:
Mar 2025
Price, CAD
$1,152,000
Available
ROI
Want to own a unit? —
Investment Period: 5 years
Yearly Return on Investment in Year 5
18.30%
Cumulative Return on Investment in Year 5
86.93%
Property Price at the End of Year 5
$1,484,000
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 | $60,000 | $63,000 | $66,000 | $70,000 | $73,000 | $77,000 | $81,000 | $85,000 | $90,000 | $95,000 | $760,000 |
| rent income | $17,000 | $26,000 | $27,000 | $28,000 | $29,000 | $31,000 | $32,000 | $33,000 | $35,000 | $36,000 | $295,000 |
| mortgage principal reduction | $10,000 | $15,000 | $16,000 | $17,000 | $18,000 | $18,000 | $19,000 | $20,000 | $21,000 | $22,000 | $176,000 |
| deposit interest | $158 | - | - | - | - | - | - | - | - | - | $158 |
| gst hst rebate | $24,000 | - | - | - | - | - | - | - | - | - | $24,000 |
| total income return | $111,000 | $104,000 | $109,000 | $115,000 | $120,000 | $126,000 | $132,000 | $139,000 | $146,000 | $153,000 | $1,256,000 |
Expense/ Investment
| Category | Y1 | Y2 | Y3 | Y4 | Y5 | Y6 | Y7 | Y8 | Y9 | Y10 | Total |
|---|---|---|---|---|---|---|---|---|---|---|---|
| deposit | $10,000 | - | - | - | - | - | - | - | - | - | $10,000 |
| remaining balance payment | $220,000 | - | - | - | - | - | - | - | - | - | $220,000 |
| closing cost | $78,000 | - | - | - | - | - | - | - | - | - | $78,000 |
| operating expense | $8,000 | $12,000 | $12,000 | $13,000 | $13,000 | $14,000 | $14,000 | $14,000 | $15,000 | $15,000 | $131,000 |
| mortgage payment | $37,000 | $56,000 | $56,000 | $56,000 | $56,000 | $56,000 | $56,000 | $56,000 | $56,000 | $56,000 | $542,000 |
| total expense investment | $354,000 | $68,000 | $68,000 | $69,000 | $69,000 | $70,000 | $70,000 | $71,000 | $71,000 | $71,000 | $981,000 |
Other
| Category | Y1 | Y2 | Y3 | Y4 | Y5 | Y6 | Y7 | Y8 | Y9 | Y10 | Total |
|---|---|---|---|---|---|---|---|---|---|---|---|
| net gain loss | -$243,044 | $36,000 | $41,000 | $46,000 | $51,000 | $57,000 | $62,000 | $68,000 | $75,000 | $81,000 | $275,000 |
| cumulative roi | $28 | $46 | $61 | $75 | $87 | $98 | $109 | $120 | $131 | $141 | $896 |
Six99
Address: Toronto C15, Ontario
Price Range: $635,000 - $1,998,000
Avail. suites: 22
1—3 bd
389—1198 SqFt