Suite number:
B5
Project:
Address:
Toronto W07, Ontario
Developer:
Urban Capital
Property type:
condo
Floor plan:
Bathrooms:
1
Bedrooms:
1
Size:
675 sqft
Occupancy Date:
Jan 2025
Price, CAD
$669,000
Available
ROI
Want to own a unit? —
Investment Period: 5 years
Yearly Return on Investment in Year 5
16.71%
Cumulative Return on Investment in Year 5
83.17%
Property Price at the End of Year 5
$862,000
Deposit Schedule
$5,000 at Signing
Total up to 10% in 9999 days
$66,900
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 | $35,000 | $37,000 | $38,000 | $40,000 | $43,000 | $45,000 | $47,000 | $50,000 | $52,000 | $55,000 | $442,000 |
rent income | $14,000 | $16,000 | $17,000 | $18,000 | $19,000 | $19,000 | $20,000 | $21,000 | $22,000 | $23,000 | $190,000 |
mortgage principal reduction | $8,000 | $9,000 | $9,000 | $9,000 | $10,000 | $10,000 | $11,000 | $11,000 | $12,000 | $13,000 | $102,000 |
deposit interest | - | - | - | - | - | - | - | - | - | - | - |
gst hst rebate | $24,000 | - | - | - | - | - | - | - | - | - | $24,000 |
total income return | $81,000 | $62,000 | $65,000 | $68,000 | $71,000 | $75,000 | $78,000 | $82,000 | $86,000 | $90,000 | $758,000 |
Expense/ Investment
Category | Y1 | Y2 | Y3 | Y4 | Y5 | Y6 | Y7 | Y8 | Y9 | Y10 | Total |
---|---|---|---|---|---|---|---|---|---|---|---|
deposit | $67,000 | - | - | - | - | - | - | - | - | - | $67,000 |
remaining balance payment | $67,000 | - | - | - | - | - | - | - | - | - | $67,000 |
closing cost | $60,000 | - | - | - | - | - | - | - | - | - | $60,000 |
operating expense | $8,000 | $8,000 | $9,000 | $9,000 | $9,000 | $9,000 | $9,000 | $10,000 | $10,000 | $10,000 | $91,000 |
mortgage payment | $31,000 | $34,000 | $34,000 | $34,000 | $34,000 | $34,000 | $34,000 | $34,000 | $34,000 | $34,000 | $332,000 |
total expense investment | $232,000 | $42,000 | $42,000 | $42,000 | $43,000 | $43,000 | $43,000 | $43,000 | $43,000 | $44,000 | $617,000 |
Other
Category | Y1 | Y2 | Y3 | Y4 | Y5 | Y6 | Y7 | Y8 | Y9 | Y10 | Total |
---|---|---|---|---|---|---|---|---|---|---|---|
net gain loss | -$151,554 | $20,000 | $23,000 | $26,000 | $29,000 | $32,000 | $35,000 | $39,000 | $43,000 | $47,000 | $141,000 |
cumulative roi | $31 | $46 | $60 | $72 | $83 | $94 | $104 | $114 | $124 | $134 | $861 |
Reina Condos
Address: Toronto W07, Ontario
Price Range: $595,000 - $1,545,000
Avail. suites: 15
1—3.5 bd
520—1485 SqFt