Suite number:
B-652
Project:
Address:
Toronto, Ontario
Developer:
Equiton Developments
Property type:
condo
Floor plan:
Bathrooms:
1
Bedrooms:
1
Size:
652 sqft
Occupancy Date:
Oct 2027
Price, CAD
$784,900
Available
ROI
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Investment Period: 5 years
Yearly Return on Investment in Year 5
20.20%
Cumulative Return on Investment in Year 5
94.97%
Property Price at the End of Year 5
$1,011,000
Deposit Schedule
$5,000 at Signing
Total up to 10% in 360 days
$78,490
2.5% in 540 days
$19,623
2.5% on Occupancy
$19,623
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 | $41,000 | $43,000 | $45,000 | $48,000 | $50,000 | $53,000 | $55,000 | $58,000 | $61,000 | $64,000 | $518,000 |
rent income | - | - | $10,000 | $16,000 | $16,000 | $17,000 | $18,000 | $18,000 | $19,000 | $20,000 | $135,000 |
mortgage principal reduction | - | - | $6,000 | $10,000 | $10,000 | $11,000 | $12,000 | $12,000 | $13,000 | $13,000 | $87,000 |
deposit interest | $301 | $5,000 | $2,000 | - | - | - | - | - | - | - | $7,000 |
gst hst rebate | - | - | $24,000 | - | - | - | - | - | - | - | $24,000 |
total income return | $41,000 | $48,000 | $87,000 | $73,000 | $77,000 | $81,000 | $85,000 | $89,000 | $93,000 | $98,000 | $771,000 |
Expense/ Investment
Category | Y1 | Y2 | Y3 | Y4 | Y5 | Y6 | Y7 | Y8 | Y9 | Y10 | Total |
---|---|---|---|---|---|---|---|---|---|---|---|
deposit | $78,000 | $39,000 | - | - | - | - | - | - | - | - | $118,000 |
remaining balance payment | - | - | $39,000 | - | - | - | - | - | - | - | $39,000 |
closing cost | - | - | $65,000 | - | - | - | - | - | - | - | $65,000 |
operating expense | - | - | $6,000 | $9,000 | $9,000 | $10,000 | $10,000 | $10,000 | $10,000 | $11,000 | $75,000 |
mortgage payment | - | - | $26,000 | $39,000 | $39,000 | $39,000 | $39,000 | $39,000 | $39,000 | $39,000 | $301,000 |
total expense investment | $78,000 | $39,000 | $136,000 | $49,000 | $49,000 | $49,000 | $49,000 | $49,000 | $50,000 | $50,000 | $598,000 |
Other
Category | Y1 | Y2 | Y3 | Y4 | Y5 | Y6 | Y7 | Y8 | Y9 | Y10 | Total |
---|---|---|---|---|---|---|---|---|---|---|---|
net gain loss | -$37,491 | $9,000 | -$48,945 | $25,000 | $28,000 | $32,000 | $35,000 | $39,000 | $44,000 | $48,000 | $173,000 |
cumulative roi | $52 | $76 | $71 | $84 | $95 | $105 | $114 | $123 | $132 | $140 | $992 |
Maxium Condos
Address: Toronto, Ontario
Price Range: $400,000 - $1,450,000
Avail. suites: 46
0—3.5 bd
337—1156 SqFt