Suite number:
1A+D
Project:
Address:
Toronto, Ontario
Developer:
Reserve Properties
Property type:
condo
Floor plan:
Bathrooms:
1
Bedrooms:
1.5
Size:
484 sqft
Occupancy Date:
May 2027
Price, CAD
$1,050,900
Available
ROI
Want to own a unit? —
Investment Period: 5 years
Yearly Return on Investment in Year 5
19.70%
Cumulative Return on Investment in Year 5
90.62%
Property Price at the End of Year 5
$1,354,000
Deposit Schedule
$10,000 at Signing
Total up to 2.5% in 30 days
$26,273
2.5% in 90 days
$26,273
15% on Occupancy
$157,635
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 | $54,000 | $57,000 | $60,000 | $64,000 | $67,000 | $70,000 | $74,000 | $78,000 | $82,000 | $86,000 | $694,000 |
| rent income | - | $1,000 | $17,000 | $18,000 | $18,000 | $19,000 | $20,000 | $21,000 | $22,000 | $23,000 | $159,000 |
| mortgage principal reduction | - | $1,000 | $13,000 | $14,000 | $14,000 | $15,000 | $16,000 | $17,000 | $17,000 | $18,000 | $125,000 |
| deposit interest | $2,000 | $2,000 | - | - | - | - | - | - | - | - | $5,000 |
| gst hst rebate | - | - | $24,000 | - | - | - | - | - | - | - | $24,000 |
| total income return | $57,000 | $62,000 | $114,000 | $95,000 | $100,000 | $105,000 | $110,000 | $115,000 | $121,000 | $127,000 | $1,006,000 |
Expense/ Investment
| Category | Y1 | Y2 | Y3 | Y4 | Y5 | Y6 | Y7 | Y8 | Y9 | Y10 | Total |
|---|---|---|---|---|---|---|---|---|---|---|---|
| deposit | $53,000 | $158,000 | - | - | - | - | - | - | - | - | $210,000 |
| remaining balance payment | - | - | - | - | - | - | - | - | - | - | - |
| closing cost | - | $75,000 | - | - | - | - | - | - | - | - | $75,000 |
| operating expense | - | $727 | $9,000 | $9,000 | $9,000 | $9,000 | $10,000 | $10,000 | $10,000 | $10,000 | $77,000 |
| mortgage payment | - | $4,000 | $53,000 | $53,000 | $53,000 | $53,000 | $53,000 | $53,000 | $53,000 | $53,000 | $425,000 |
| total expense investment | $53,000 | $238,000 | $61,000 | $62,000 | $62,000 | $62,000 | $62,000 | $62,000 | $63,000 | $63,000 | $788,000 |
Other
| Category | Y1 | Y2 | Y3 | Y4 | Y5 | Y6 | Y7 | Y8 | Y9 | Y10 | Total |
|---|---|---|---|---|---|---|---|---|---|---|---|
| net gain loss | $4,000 | -$175,823 | $53,000 | $33,000 | $38,000 | $43,000 | $48,000 | $53,000 | $58,000 | $64,000 | $219,000 |
| cumulative roi | $108 | $41 | $66 | $79 | $91 | $101 | $110 | $119 | $128 | $137 | $981 |
8 Elm on Yonge
Address: Toronto, Ontario
Price Range: $711,000 - $1,545,000
Avail. suites: 18
0—3.5 bd
292—998 SqFt