Suite number:
Suite M
Project:
Address:
Toronto C02, Ontario
Developer:
Brandy Lane Homes
Property type:
condo
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
17.52%
Cumulative Return on Investment in Year 5
81.81%
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 | $44,000 | $46,000 | $48,000 | $50,000 | $52,000 | $54,000 | $56,000 | $463,000 |
| mortgage principal reduction | $20,000 | $25,000 | $27,000 | $28,000 | $29,000 | $30,000 | $32,000 | $33,000 | $35,000 | $36,000 | $296,000 |
| deposit interest | - | - | - | - | - | - | - | - | - | - | - |
| gst hst rebate | $24,000 | - | - | - | - | - | - | - | - | - | $24,000 |
| total income return | $175,000 | $170,000 | $178,000 | $187,000 | $196,000 | $205,000 | $215,000 | $226,000 | $237,000 | $249,000 | $2,037,000 |
Expense/ Investment
| Category | Y1 | Y2 | Y3 | Y4 | Y5 | Y6 | Y7 | Y8 | Y9 | Y10 | Total |
|---|---|---|---|---|---|---|---|---|---|---|---|
| deposit | - | - | - | - | - | - | - | - | - | - | - |
| remaining balance payment | $380,000 | - | - | - | - | - | - | - | - | - | $380,000 |
| closing cost | $108,000 | - | - | - | - | - | - | - | - | - | $108,000 |
| operating expense | $22,000 | $27,000 | $27,000 | $28,000 | $29,000 | $30,000 | $31,000 | $32,000 | $33,000 | $34,000 | $292,000 |
| mortgage payment | $77,000 | $92,000 | $92,000 | $92,000 | $92,000 | $92,000 | $92,000 | $92,000 | $92,000 | $92,000 | $909,000 |
| total expense investment | $587,000 | $119,000 | $120,000 | $121,000 | $122,000 | $122,000 | $123,000 | $124,000 | $125,000 | $126,000 | $1,689,000 |
Other
| Category | Y1 | Y2 | Y3 | Y4 | Y5 | Y6 | Y7 | Y8 | Y9 | Y10 | Total |
|---|---|---|---|---|---|---|---|---|---|---|---|
| net gain loss | -$411,315 | $51,000 | $58,000 | $66,000 | $74,000 | $83,000 | $92,000 | $102,000 | $112,000 | $122,000 | $348,000 |
| cumulative roi | $26 | $43 | $58 | $71 | $82 | $92 | $102 | $111 | $120 | $129 | $834 |
The Davies
Address: Toronto C02, Ontario
Price Range: $1,600,000 - $3,400,000
Avail. suites: 4
2—2.5 bd
882—2900 SqFt