Suite number:
S2
Project:
Address:
Toronto C08, Ontario
Developer:
Tridel
Property type:
condo
Floor plan:
Bathrooms:
1
Bedrooms:
0
Size:
420 sqft
Occupancy Date:
Jun 2028
Price, CAD
$729,000
Available
ROI
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Investment Period: 5 years
Yearly Return on Investment in Year 5
22.96%
Cumulative Return on Investment in Year 5
110.41%
Property Price at the End of Year 5
$939,000
Deposit Schedule
$5 at Signing
Total up to 5% in 120 days
$36,450
5% in 270 days
$36,450
5% on Occupancy
$36,450
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 | $38,000 | $40,000 | $42,000 | $44,000 | $46,000 | $49,000 | $51,000 | $54,000 | $57,000 | $60,000 | $481,000 |
rent income | - | - | - | $4,000 | $8,000 | $8,000 | $8,000 | $9,000 | $9,000 | $9,000 | $55,000 |
mortgage principal reduction | - | - | - | $5,000 | $9,000 | $10,000 | $10,000 | $11,000 | $11,000 | $12,000 | $68,000 |
deposit interest | $4,000 | $8,000 | $6,000 | $2,000 | - | - | - | - | - | - | $19,000 |
gst hst rebate | - | - | - | $24,000 | - | - | - | - | - | - | $24,000 |
total income return | $42,000 | $47,000 | $48,000 | $80,000 | $63,000 | $66,000 | $70,000 | $73,000 | $77,000 | $81,000 | $647,000 |
Expense/ Investment
Category | Y1 | Y2 | Y3 | Y4 | Y5 | Y6 | Y7 | Y8 | Y9 | Y10 | Total |
---|---|---|---|---|---|---|---|---|---|---|---|
deposit | $73,000 | $36,000 | - | - | - | - | - | - | - | - | $109,000 |
remaining balance payment | - | - | - | $36,000 | - | - | - | - | - | - | $36,000 |
closing cost | - | - | - | $63,000 | - | - | - | - | - | - | $63,000 |
operating expense | - | - | - | $4,000 | $6,000 | $7,000 | $7,000 | $7,000 | $7,000 | $7,000 | $44,000 |
mortgage payment | - | - | - | $21,000 | $37,000 | $37,000 | $37,000 | $37,000 | $37,000 | $37,000 | $240,000 |
total expense investment | $73,000 | $36,000 | - | $124,000 | $43,000 | $43,000 | $43,000 | $43,000 | $44,000 | $44,000 | $493,000 |
Other
Category | Y1 | Y2 | Y3 | Y4 | Y5 | Y6 | Y7 | Y8 | Y9 | Y10 | Total |
---|---|---|---|---|---|---|---|---|---|---|---|
net gain loss | -$31,320 | $11,000 | $48,000 | -$44,396 | $20,000 | $23,000 | $27,000 | $30,000 | $33,000 | $37,000 | $154,000 |
cumulative roi | $57 | $81 | $125 | $102 | $110 | $117 | $124 | $130 | $136 | $142 | $1,000 |
Queen Church Condos
Address: Toronto C08, Ontario
Price Range: $699,000 - $1,357,000
Avail. suites: 11
0—3 bd
412—814 SqFt