Suite number:
1B
Project:
Address:
Toronto, Ontario
Developer:
Reserve Properties
Property type:
condo
Floor plan:
Bathrooms:
1
Bedrooms:
1
Size:
430 sqft
Occupancy Date:
May 2027
Price, CAD
$903,900
Available
ROI
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Investment Period: 5 years
Yearly Return on Investment in Year 5
18.75%
Cumulative Return on Investment in Year 5
87.17%
Property Price at the End of Year 5
$1,164,000
Deposit Schedule
$10,000 at Signing
Total up to 2.5% in 30 days
$22,598
2.5% in 90 days
$22,598
15% on Occupancy
$135,585
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 | $49,000 | $52,000 | $55,000 | $58,000 | $61,000 | $64,000 | $67,000 | $70,000 | $74,000 | $597,000 |
| rent income | - | $834 | $10,000 | $10,000 | $11,000 | $11,000 | $12,000 | $12,000 | $13,000 | $13,000 | $94,000 |
| mortgage principal reduction | - | $910 | $11,000 | $12,000 | $12,000 | $13,000 | $14,000 | $14,000 | $15,000 | $16,000 | $107,000 |
| deposit interest | $2,000 | $2,000 | - | - | - | - | - | - | - | - | $4,000 |
| gst hst rebate | - | - | $24,000 | - | - | - | - | - | - | - | $24,000 |
| total income return | $49,000 | $53,000 | $97,000 | $77,000 | $81,000 | $85,000 | $89,000 | $94,000 | $98,000 | $103,000 | $826,000 |
Expense/ Investment
| Category | Y1 | Y2 | Y3 | Y4 | Y5 | Y6 | Y7 | Y8 | Y9 | Y10 | Total |
|---|---|---|---|---|---|---|---|---|---|---|---|
| deposit | $45,000 | $136,000 | - | - | - | - | - | - | - | - | $181,000 |
| remaining balance payment | - | - | - | - | - | - | - | - | - | - | - |
| closing cost | - | $70,000 | - | - | - | - | - | - | - | - | $70,000 |
| operating expense | - | $600 | $7,000 | $7,000 | $8,000 | $8,000 | $8,000 | $8,000 | $8,000 | $8,000 | $63,000 |
| mortgage payment | - | $4,000 | $45,000 | $45,000 | $45,000 | $45,000 | $45,000 | $45,000 | $45,000 | $45,000 | $366,000 |
| total expense investment | $45,000 | $210,000 | $52,000 | $53,000 | $53,000 | $53,000 | $53,000 | $53,000 | $53,000 | $54,000 | $679,000 |
Other
| Category | Y1 | Y2 | Y3 | Y4 | Y5 | Y6 | Y7 | Y8 | Y9 | Y10 | Total |
|---|---|---|---|---|---|---|---|---|---|---|---|
| net gain loss | $4,000 | -$156,260 | $45,000 | $24,000 | $28,000 | $32,000 | $36,000 | $40,000 | $45,000 | $50,000 | $147,000 |
| cumulative roi | $108 | $41 | $65 | $77 | $87 | $96 | $104 | $112 | $120 | $127 | $937 |
8 Elm on Yonge
Address: Toronto, Ontario
Price Range: $711,000 - $1,545,000
Avail. suites: 18
0—3.5 bd
292—998 SqFt