Suite number:
MA2-04
Project:
Address:
Scarborough, Ontario
Developer:
95 Developments Inc
Property type:
condo
Floor plan:
Bathrooms:
2
Bedrooms:
2
Size:
776 sqft
Occupancy Date:
Jan 2025
Price, CAD
$887,990
Available
ROI
Want to own a unit? —
Investment Period: 5 years
Yearly Return on Investment in Year 5
18.46%
Cumulative Return on Investment in Year 5
89.78%
Property Price at the End of Year 5
$1,144,000
Deposit Schedule
$5,000 at Signing
Total up to 5% in 30 days
$44,400
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 | $46,000 | $49,000 | $51,000 | $54,000 | $57,000 | $59,000 | $63,000 | $66,000 | $69,000 | $73,000 | $586,000 |
| rent income | $21,000 | $23,000 | $24,000 | $26,000 | $27,000 | $28,000 | $29,000 | $30,000 | $32,000 | $33,000 | $272,000 |
| mortgage principal reduction | $10,000 | $11,000 | $12,000 | $13,000 | $13,000 | $14,000 | $15,000 | $15,000 | $16,000 | $17,000 | $136,000 |
| deposit interest | - | - | - | - | - | - | - | - | - | - | - |
| gst hst rebate | $24,000 | - | - | - | - | - | - | - | - | - | $24,000 |
| total income return | $101,000 | $83,000 | $88,000 | $92,000 | $96,000 | $101,000 | $106,000 | $111,000 | $117,000 | $122,000 | $1,018,000 |
Expense/ Investment
| Category | Y1 | Y2 | Y3 | Y4 | Y5 | Y6 | Y7 | Y8 | Y9 | Y10 | Total |
|---|---|---|---|---|---|---|---|---|---|---|---|
| deposit | $44,000 | - | - | - | - | - | - | - | - | - | $44,000 |
| remaining balance payment | $133,000 | - | - | - | - | - | - | - | - | - | $133,000 |
| closing cost | $55,000 | - | - | - | - | - | - | - | - | - | $55,000 |
| operating expense | $9,000 | $10,000 | $10,000 | $10,000 | $11,000 | $11,000 | $11,000 | $11,000 | $12,000 | $12,000 | $108,000 |
| mortgage payment | $41,000 | $44,000 | $44,000 | $44,000 | $44,000 | $44,000 | $44,000 | $44,000 | $44,000 | $44,000 | $441,000 |
| total expense investment | $282,000 | $54,000 | $55,000 | $55,000 | $55,000 | $55,000 | $56,000 | $56,000 | $56,000 | $57,000 | $781,000 |
Other
| Category | Y1 | Y2 | Y3 | Y4 | Y5 | Y6 | Y7 | Y8 | Y9 | Y10 | Total |
|---|---|---|---|---|---|---|---|---|---|---|---|
| net gain loss | -$181,296 | $29,000 | $33,000 | $37,000 | $41,000 | $46,000 | $50,000 | $55,000 | $60,000 | $66,000 | $237,000 |
| cumulative roi | $31 | $48 | $64 | $77 | $90 | $102 | $113 | $125 | $136 | $147 | $932 |
The Garden Series 2
Address: Scarborough, Ontario
Price Range: $500,000 - $1,045,000
Avail. suites: 9
1—4 bd
471—1226 SqFt