Suite number:
219
Project:
Address:
Toronto E06, Ontario
Developer:
Diamond Kilmer Developments
Property type:
condo
Floor plan:
Bathrooms:
2
Bedrooms:
2.5
Size:
850 sqft
Occupancy Date:
Jun 2028
Price, CAD
$914,900
Available
ROI
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Investment Period: 5 years
Yearly Return on Investment in Year 5
24.90%
Cumulative Return on Investment in Year 5
114.31%
Property Price at the End of Year 5
$1,179,000
Deposit Schedule
$10,000 at Signing
Total up to 5% in 30 days
$45,745
0% in 78 days
$1,000
5% in 108 days
$45,745
10% on Occupancy
$91,490
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 | $47,000 | $50,000 | $53,000 | $55,000 | $58,000 | $61,000 | $64,000 | $68,000 | $71,000 | $75,000 | $604,000 |
rent income | - | - | - | $17,000 | $30,000 | $32,000 | $33,000 | $35,000 | $36,000 | $38,000 | $221,000 |
mortgage principal reduction | - | - | - | $7,000 | $12,000 | $12,000 | $13,000 | $13,000 | $14,000 | $15,000 | $85,000 |
deposit interest | $3,000 | $5,000 | $5,000 | $2,000 | - | - | - | - | - | - | $15,000 |
gst hst rebate | - | - | - | $24,000 | - | - | - | - | - | - | $24,000 |
total income return | $51,000 | $55,000 | $57,000 | $105,000 | $100,000 | $105,000 | $110,000 | $116,000 | $121,000 | $127,000 | $949,000 |
Expense/ Investment
Category | Y1 | Y2 | Y3 | Y4 | Y5 | Y6 | Y7 | Y8 | Y9 | Y10 | Total |
---|---|---|---|---|---|---|---|---|---|---|---|
deposit | $92,000 | - | - | $91,000 | - | - | - | - | - | - | $184,000 |
remaining balance payment | - | - | - | - | - | - | - | - | - | - | - |
closing cost | - | - | - | $70,000 | - | - | - | - | - | - | $70,000 |
operating expense | - | - | - | $7,000 | $13,000 | $13,000 | $13,000 | $14,000 | $14,000 | $14,000 | $88,000 |
mortgage payment | - | - | - | $27,000 | $46,000 | $46,000 | $46,000 | $46,000 | $46,000 | $46,000 | $302,000 |
total expense investment | $92,000 | - | - | $196,000 | $59,000 | $59,000 | $59,000 | $59,000 | $60,000 | $60,000 | $644,000 |
Other
Category | Y1 | Y2 | Y3 | Y4 | Y5 | Y6 | Y7 | Y8 | Y9 | Y10 | Total |
---|---|---|---|---|---|---|---|---|---|---|---|
net gain loss | -$41,641 | $55,000 | $57,000 | -$90,529 | $42,000 | $46,000 | $51,000 | $56,000 | $62,000 | $67,000 | $305,000 |
cumulative roi | $55 | $114 | $176 | $99 | $114 | $128 | $141 | $154 | $167 | $180 | $1,000 |
Birchley Park
Address: Toronto E06, Ontario
Price Range: $532,000 - $989,000
Avail. suites: 24
0—3 bd
374—951 SqFt