Suite number:
B3
Project:
Address:
Toronto W07, Ontario
Developer:
Urban Capital
Property type:
condo
Bathrooms:
1
Bedrooms:
1
Size:
620 sqft
Occupancy Date:
Jan 2025
Price, CAD
$659,000
Available
ROI
Want to own a unit? —
Investment Period: 5 years
Yearly Return on Investment in Year 5
16.90%
Cumulative Return on Investment in Year 5
84.23%
Property Price at the End of Year 5
$849,000
Deposit Schedule
$5,000 at Signing
Total up to 5% in 0 days
$32,950
5% on Occupancy
$32,950
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 | $34,000 | $36,000 | $38,000 | $40,000 | $42,000 | $44,000 | $46,000 | $49,000 | $51,000 | $54,000 | $435,000 |
| rent income | $13,000 | $15,000 | $16,000 | $16,000 | $17,000 | $18,000 | $19,000 | $19,000 | $20,000 | $21,000 | $175,000 |
| mortgage principal reduction | $8,000 | $9,000 | $9,000 | $10,000 | $10,000 | $11,000 | $11,000 | $12,000 | $12,000 | $13,000 | $104,000 |
| deposit interest | -$56 | - | - | - | - | - | - | - | - | - | -$56 |
| gst hst rebate | $24,000 | - | - | - | - | - | - | - | - | - | $24,000 |
| total income return | $79,000 | $60,000 | $63,000 | $66,000 | $69,000 | $73,000 | $76,000 | $80,000 | $84,000 | $88,000 | $738,000 |
Expense/ Investment
| Category | Y1 | Y2 | Y3 | Y4 | Y5 | Y6 | Y7 | Y8 | Y9 | Y10 | Total |
|---|---|---|---|---|---|---|---|---|---|---|---|
| deposit | $66,000 | - | - | - | - | - | - | - | - | - | $66,000 |
| remaining balance payment | $66,000 | - | - | - | - | - | - | - | - | - | $66,000 |
| closing cost | $58,000 | - | - | - | - | - | - | - | - | - | $58,000 |
| operating expense | $7,000 | $8,000 | $8,000 | $8,000 | $9,000 | $9,000 | $9,000 | $10,000 | $10,000 | $10,000 | $88,000 |
| mortgage payment | $29,000 | $32,000 | $32,000 | $32,000 | $32,000 | $32,000 | $32,000 | $32,000 | $32,000 | $32,000 | $318,000 |
| total expense investment | $227,000 | $40,000 | $40,000 | $40,000 | $41,000 | $41,000 | $41,000 | $42,000 | $42,000 | $42,000 | $596,000 |
Other
| Category | Y1 | Y2 | Y3 | Y4 | Y5 | Y6 | Y7 | Y8 | Y9 | Y10 | Total |
|---|---|---|---|---|---|---|---|---|---|---|---|
| net gain loss | -$147,363 | $20,000 | $23,000 | $25,000 | $28,000 | $32,000 | $35,000 | $38,000 | $42,000 | $46,000 | $141,000 |
| cumulative roi | $31 | $47 | $61 | $73 | $84 | $95 | $105 | $115 | $125 | $134 | $870 |
Reina Condos
Address: Toronto W07, Ontario
Price Range: $595,000 - $1,545,000
Avail. suites: 15
1—3.5 bd
520—1485 SqFt