Suite number:
2416
Project:
Address:
Toronto C03, Ontario
Developer:
Canderel Residential Inc.
Property type:
condo
Bathrooms:
2
Bedrooms:
3
Size:
1088 sqft
Occupancy Date:
Jun 2027
Price, CAD
$2,259,900
Available
ROI
Want to own a unit? —
Investment Period: 5 years
Yearly Return on Investment in Year 5
22.81%
Cumulative Return on Investment in Year 5
101.29%
Property Price at the End of Year 5
$2,911,000
Deposit Schedule
$10,000 at Signing
Total up to 5% in 30 days
$112,995
5% in 120 days
$112,995
2.5% in 750 days
$56,498
2.5% in 900 days
$56,498
5% on Occupancy
$112,995
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 | $117,000 | $124,000 | $130,000 | $137,000 | $144,000 | $151,000 | $159,000 | $168,000 | $176,000 | $185,000 | $1,491,000 |
| rent income | - | - | $19,000 | $39,000 | $41,000 | $42,000 | $44,000 | $46,000 | $48,000 | $50,000 | $330,000 |
| mortgage principal reduction | - | - | $14,000 | $30,000 | $31,000 | $33,000 | $34,000 | $36,000 | $37,000 | $39,000 | $254,000 |
| deposit interest | $8,000 | $12,000 | $7,000 | - | - | - | - | - | - | - | $27,000 |
| gst hst rebate | - | - | $24,000 | - | - | - | - | - | - | - | $24,000 |
| total income return | $125,000 | $135,000 | $195,000 | $206,000 | $216,000 | $226,000 | $238,000 | $249,000 | $262,000 | $275,000 | $2,126,000 |
Expense/ Investment
| Category | Y1 | Y2 | Y3 | Y4 | Y5 | Y6 | Y7 | Y8 | Y9 | Y10 | Total |
|---|---|---|---|---|---|---|---|---|---|---|---|
| deposit | $226,000 | - | $226,000 | - | - | - | - | - | - | - | $452,000 |
| remaining balance payment | - | - | - | - | - | - | - | - | - | - | - |
| closing cost | - | - | $125,000 | - | - | - | - | - | - | - | $125,000 |
| operating expense | - | - | $10,000 | $19,000 | $20,000 | $21,000 | $21,000 | $22,000 | $23,000 | $23,000 | $160,000 |
| mortgage payment | - | - | $55,000 | $110,000 | $110,000 | $110,000 | $110,000 | $110,000 | $110,000 | $110,000 | $824,000 |
| total expense investment | $226,000 | - | $415,000 | $129,000 | $130,000 | $131,000 | $131,000 | $132,000 | $133,000 | $133,000 | $1,561,000 |
Other
| Category | Y1 | Y2 | Y3 | Y4 | Y5 | Y6 | Y7 | Y8 | Y9 | Y10 | Total |
|---|---|---|---|---|---|---|---|---|---|---|---|
| net gain loss | -$100,956 | $135,000 | -$220,817 | $76,000 | $86,000 | $96,000 | $106,000 | $117,000 | $129,000 | $141,000 | $565,000 |
| cumulative roi | $55 | $115 | $74 | $89 | $101 | $112 | $122 | $132 | $141 | $150 | $1,000 |
Forêt
Address: Toronto C03, Ontario
Price Range: $1,203,000 - $3,991,000
Avail. suites: 10
0—3.5 bd
369—1923 SqFt