Suite number:
Piazza 525
Project:
Address:
Toronto, Ontario
Developer:
Menkes Developments Ltd.
Property type:
condo
Floor plan:
Bathrooms:
1
Bedrooms:
1.5
Size:
525 sqft
Occupancy Date:
Sep 2028
Price, CAD
$812,990
Available
ROI
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Investment Period: 5 years
Yearly Return on Investment in Year 5
22.36%
Cumulative Return on Investment in Year 5
104.35%
Property Price at the End of Year 5
$1,047,000
Deposit Schedule
$10,000 at Signing
Total up to 5% in 30 days
$40,650
2.5% in 90 days
$20,325
2.5% in 180 days
$20,325
2.5% in 540 days
$20,325
2.5% in 900 days
$20,325
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 | $42,000 | $44,000 | $47,000 | $49,000 | $52,000 | $54,000 | $57,000 | $60,000 | $63,000 | $67,000 | $537,000 |
| rent income | - | - | $2,000 | $18,000 | $19,000 | $20,000 | $21,000 | $22,000 | $23,000 | $24,000 | $148,000 |
| mortgage principal reduction | - | - | $818 | $10,000 | $11,000 | $11,000 | $12,000 | $12,000 | $13,000 | $13,000 | $82,000 |
| deposit interest | -$2,399 | $6,000 | $7,000 | - | - | - | - | - | - | - | $11,000 |
| gst hst rebate | - | - | - | $24,000 | - | - | - | - | - | - | $24,000 |
| total income return | $40,000 | $51,000 | $57,000 | $102,000 | $82,000 | $86,000 | $90,000 | $94,000 | $99,000 | $104,000 | $802,000 |
Expense/ Investment
| Category | Y1 | Y2 | Y3 | Y4 | Y5 | Y6 | Y7 | Y8 | Y9 | Y10 | Total |
|---|---|---|---|---|---|---|---|---|---|---|---|
| deposit | $81,000 | $20,000 | $61,000 | - | - | - | - | - | - | - | $163,000 |
| remaining balance payment | - | - | - | - | - | - | - | - | - | - | - |
| closing cost | - | - | $66,000 | - | - | - | - | - | - | - | $66,000 |
| operating expense | - | - | $723 | $9,000 | $9,000 | $9,000 | $9,000 | $10,000 | $10,000 | $10,000 | $66,000 |
| mortgage payment | - | - | $3,000 | $41,000 | $41,000 | $41,000 | $41,000 | $41,000 | $41,000 | $41,000 | $288,000 |
| total expense investment | $81,000 | $20,000 | $131,000 | $49,000 | $50,000 | $50,000 | $50,000 | $50,000 | $50,000 | $51,000 | $583,000 |
Other
| Category | Y1 | Y2 | Y3 | Y4 | Y5 | Y6 | Y7 | Y8 | Y9 | Y10 | Total |
|---|---|---|---|---|---|---|---|---|---|---|---|
| net gain loss | -$41,543 | $30,000 | -$74,467 | $52,000 | $32,000 | $36,000 | $40,000 | $44,000 | $48,000 | $53,000 | $219,000 |
| cumulative roi | $52 | $89 | $66 | $92 | $104 | $116 | $126 | $136 | $146 | $155 | $1,000 |
Elektra Condos
Address: Toronto, Ontario
Price Range: $594,000 - $1,271,000
Avail. suites: 17
0—3 bd
375—909 SqFt