Suite number:
1BE
Project:
Address:
Toronto W08, Ontario
Developer:
Mattamy Homes Canada
Property type:
condo
Bathrooms:
1
Bedrooms:
1
Size:
478 sqft
Occupancy Date:
Dec 2028
Price, CAD
$550,990
Available
ROI
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Investment Period: 5 years
Yearly Return on Investment in Year 5
36.23%
Cumulative Return on Investment in Year 5
106.93%
Property Price at the End of Year 5
$710,000
Deposit Schedule
$5,000 at Signing
Total up to 5% in 30 days
$27,550
2.5% in 210 days
$13,775
2.5% in 600 days
$13,775
10% on Occupancy
$55,099
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 | $29,000 | $30,000 | $32,000 | $33,000 | $35,000 | $37,000 | $39,000 | $41,000 | $43,000 | $45,000 | $364,000 |
| rent income | - | - | - | - | $11,000 | $12,000 | $12,000 | $13,000 | $13,000 | $14,000 | $75,000 |
| mortgage principal reduction | - | - | - | - | $7,000 | $7,000 | $7,000 | $8,000 | $8,000 | $9,000 | $46,000 |
| deposit interest | -$3,913 | $3,000 | $3,000 | $3,000 | - | - | - | - | - | - | $5,000 |
| gst hst rebate | - | - | - | - | $24,000 | - | - | - | - | - | $24,000 |
| total income return | $25,000 | $33,000 | $35,000 | $36,000 | $77,000 | $56,000 | $58,000 | $61,000 | $64,000 | $68,000 | $513,000 |
Expense/ Investment
| Category | Y1 | Y2 | Y3 | Y4 | Y5 | Y6 | Y7 | Y8 | Y9 | Y10 | Total |
|---|---|---|---|---|---|---|---|---|---|---|---|
| deposit | $41,000 | $14,000 | - | $55,000 | - | - | - | - | - | - | $110,000 |
| remaining balance payment | - | - | - | - | - | - | - | - | - | - | - |
| closing cost | - | - | - | $55,000 | - | - | - | - | - | - | $55,000 |
| operating expense | - | - | - | - | $6,000 | $7,000 | $7,000 | $7,000 | $7,000 | $7,000 | $41,000 |
| mortgage payment | - | - | - | - | $28,000 | $28,000 | $28,000 | $28,000 | $28,000 | $28,000 | $166,000 |
| total expense investment | $41,000 | $14,000 | - | $111,000 | $34,000 | $34,000 | $34,000 | $35,000 | $35,000 | $35,000 | $372,000 |
Other
| Category | Y1 | Y2 | Y3 | Y4 | Y5 | Y6 | Y7 | Y8 | Y9 | Y10 | Total |
|---|---|---|---|---|---|---|---|---|---|---|---|
| net gain loss | -$16,667 | $20,000 | $35,000 | -$74,547 | $43,000 | $22,000 | $24,000 | $27,000 | $30,000 | $33,000 | $141,000 |
| cumulative roi | $69 | $107 | $168 | $80 | $107 | $117 | $126 | $134 | $143 | $151 | $1,000 |
The Clove
Address: Toronto W08, Ontario
Price Range: $485,000 - $990,000
Avail. suites: 22
0—3.5 bd
373—1091 SqFt