Suite number:
711 - Somerset
Project:
Address:
Toronto C03, Ontario
Developer:
Worsley Urban
Property type:
condo
Floor plan:
Bathrooms:
2
Bedrooms:
3
Size:
1190 sqft
Occupancy Date:
Aug 2022
Price, CAD
$1,299,900
Available
ROI
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Investment Period: 5 years
Yearly Return on Investment in Year 5
32.09%
Cumulative Return on Investment in Year 5
157.36%
Property Price at the End of Year 5
$1,675,000
Deposit Schedule
$5 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 | $67,000 | $71,000 | $75,000 | $79,000 | $83,000 | $87,000 | $92,000 | $96,000 | $101,000 | $107,000 | $858,000 |
| rent income | - | - | - | - | - | - | - | - | - | - | - |
| mortgage principal reduction | $57,000 | $19,000 | $20,000 | $21,000 | $22,000 | $23,000 | $24,000 | $25,000 | $26,000 | $27,000 | $263,000 |
| deposit interest | - | - | - | - | - | - | - | - | - | - | - |
| gst hst rebate | - | - | - | - | - | - | - | - | - | - | - |
| total income return | $124,000 | $90,000 | $95,000 | $99,000 | $104,000 | $110,000 | $115,000 | $121,000 | $128,000 | $134,000 | $1,120,000 |
Expense/ Investment
| Category | Y1 | Y2 | Y3 | Y4 | Y5 | Y6 | Y7 | Y8 | Y9 | Y10 | Total |
|---|---|---|---|---|---|---|---|---|---|---|---|
| deposit | - | - | - | - | - | - | - | - | - | - | - |
| remaining balance payment | - | - | - | - | - | - | - | - | - | - | - |
| closing cost | - | - | - | - | - | - | - | - | - | - | - |
| operating expense | - | - | - | - | - | - | - | - | - | - | - |
| mortgage payment | $65,000 | $65,000 | $65,000 | $65,000 | $65,000 | $65,000 | $65,000 | $65,000 | $65,000 | $65,000 | $651,000 |
| total expense investment | $65,000 | $65,000 | $65,000 | $65,000 | $65,000 | $65,000 | $65,000 | $65,000 | $65,000 | $65,000 | $651,000 |
Other
| Category | Y1 | Y2 | Y3 | Y4 | Y5 | Y6 | Y7 | Y8 | Y9 | Y10 | Total |
|---|---|---|---|---|---|---|---|---|---|---|---|
| net gain loss | $59,000 | $25,000 | $29,000 | $34,000 | $39,000 | $45,000 | $50,000 | $56,000 | $62,000 | $69,000 | $469,000 |
| cumulative roi | $190 | $164 | $158 | $157 | $157 | $159 | $162 | $165 | $168 | $172 | $2,000 |
Eight Forty
Address: Toronto C03, Ontario
Price Range: $800,000 - $1,400,000
Avail. suites: 4
1—3.5 bd
530—1802 SqFt