Suite number:
5B
Project:
Address:
Toronto C03, Ontario
Developer:
Blackdoor Development Company
Property type:
condo
Floor plan:
Bathrooms:
4
Bedrooms:
3
Size:
2809 sqft
Occupancy Date:
Jan 2025
Price, CAD
$4,769,900
Available
ROI
Want to own a unit? —
Investment Period: 5 years
Yearly Return on Investment in Year 5
17.50%
Cumulative Return on Investment in Year 5
80.22%
Property Price at the End of Year 5
$6,145,000
Deposit Schedule
$30,000 at Signing
Total up to 15% in 9999 days
$715,485
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 | $247,000 | $261,000 | $274,000 | $289,000 | $304,000 | $320,000 | $336,000 | $354,000 | $372,000 | $391,000 | $3,148,000 |
| rent income | $90,000 | $102,000 | $106,000 | $111,000 | $116,000 | $121,000 | $126,000 | $131,000 | $137,000 | $143,000 | $1,182,000 |
| mortgage principal reduction | $54,000 | $61,000 | $64,000 | $68,000 | $71,000 | $74,000 | $78,000 | $82,000 | $86,000 | $90,000 | $728,000 |
| deposit interest | - | - | - | - | - | - | - | - | - | - | - |
| gst hst rebate | $24,000 | - | - | - | - | - | - | - | - | - | $24,000 |
| total income return | $415,000 | $424,000 | $445,000 | $467,000 | $490,000 | $515,000 | $540,000 | $567,000 | $595,000 | $624,000 | $5,082,000 |
Expense/ Investment
| Category | Y1 | Y2 | Y3 | Y4 | Y5 | Y6 | Y7 | Y8 | Y9 | Y10 | Total |
|---|---|---|---|---|---|---|---|---|---|---|---|
| deposit | $715,000 | - | - | - | - | - | - | - | - | - | $715,000 |
| remaining balance payment | $238,000 | - | - | - | - | - | - | - | - | - | $238,000 |
| closing cost | $252,000 | - | - | - | - | - | - | - | - | - | $252,000 |
| operating expense | $54,000 | $60,000 | $61,000 | $63,000 | $64,000 | $66,000 | $67,000 | $69,000 | $70,000 | $72,000 | $645,000 |
| mortgage payment | $219,000 | $239,000 | $239,000 | $239,000 | $239,000 | $239,000 | $239,000 | $239,000 | $239,000 | $239,000 | $2,369,000 |
| total expense investment | $1,479,000 | $299,000 | $300,000 | $302,000 | $303,000 | $304,000 | $306,000 | $307,000 | $309,000 | $311,000 | $4,220,000 |
Other
| Category | Y1 | Y2 | Y3 | Y4 | Y5 | Y6 | Y7 | Y8 | Y9 | Y10 | Total |
|---|---|---|---|---|---|---|---|---|---|---|---|
| net gain loss | -$1,063,678 | $125,000 | $145,000 | $166,000 | $187,000 | $210,000 | $234,000 | $259,000 | $286,000 | $313,000 | $862,000 |
| cumulative roi | $24 | $41 | $56 | $69 | $80 | $91 | $101 | $110 | $120 | $129 | $821 |
The Rhodes
Address: Toronto C03, Ontario
Price Range: $1,370,000 - $5,170,000
Avail. suites: 13
1.5—3.5 bd
998—2915 SqFt