Suite number:
Suite M
Project:
Address:
Toronto C02, Ontario
Developer:
Brandy Lane Homes
Property type:
condo
Floor plan:
Bathrooms:
2.5
Bedrooms:
2.5
Size:
1105 sqft
Occupancy Date:
Dec 2024
Price, CAD
$1,900,000
Available
ROI
Want to own a unit? —
Investment Period: 5 years
Yearly Return on Investment in Year 5
17.14%
Cumulative Return on Investment in Year 5
80.00%
Property Price at the End of Year 5
$2,448,000
Deposit Schedule
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 | $99,000 | $104,000 | $109,000 | $115,000 | $121,000 | $127,000 | $134,000 | $141,000 | $148,000 | $156,000 | $1,254,000 |
rent income | $32,000 | $40,000 | $42,000 | $43,000 | $45,000 | $47,000 | $49,000 | $51,000 | $54,000 | $56,000 | $460,000 |
mortgage principal reduction | $19,000 | $24,000 | $26,000 | $27,000 | $28,000 | $29,000 | $31,000 | $32,000 | $34,000 | $36,000 | $287,000 |
deposit interest | - | - | - | - | - | - | - | - | - | - | - |
gst hst rebate | $24,000 | - | - | - | - | - | - | - | - | - | $24,000 |
total income return | $174,000 | $168,000 | $177,000 | $185,000 | $194,000 | $204,000 | $214,000 | $225,000 | $236,000 | $248,000 | $2,025,000 |
Expense/ Investment
Category | Y1 | Y2 | Y3 | Y4 | Y5 | Y6 | Y7 | Y8 | Y9 | Y10 | Total |
---|---|---|---|---|---|---|---|---|---|---|---|
deposit | - | - | - | - | - | - | - | - | - | - | - |
remaining balance payment | $380,000 | - | - | - | - | - | - | - | - | - | $380,000 |
closing cost | $109,000 | - | - | - | - | - | - | - | - | - | $109,000 |
operating expense | $22,000 | $26,000 | $27,000 | $28,000 | $28,000 | $29,000 | $29,000 | $30,000 | $31,000 | $31,000 | $281,000 |
mortgage payment | $79,000 | $95,000 | $95,000 | $95,000 | $95,000 | $95,000 | $95,000 | $95,000 | $95,000 | $95,000 | $936,000 |
total expense investment | $590,000 | $121,000 | $122,000 | $123,000 | $123,000 | $124,000 | $125,000 | $125,000 | $126,000 | $127,000 | $1,706,000 |
Other
Category | Y1 | Y2 | Y3 | Y4 | Y5 | Y6 | Y7 | Y8 | Y9 | Y10 | Total |
---|---|---|---|---|---|---|---|---|---|---|---|
net gain loss | -$416,144 | $47,000 | $55,000 | $63,000 | $71,000 | $80,000 | $90,000 | $100,000 | $110,000 | $121,000 | $319,000 |
cumulative roi | $26 | $43 | $57 | $69 | $80 | $90 | $100 | $109 | $118 | $126 | $817 |
The Davies
Address: Toronto C02, Ontario
Price Range: $1,600,000 - $3,400,000
Avail. suites: 4
2—2.5 bd
882—2900 SqFt