Suite number:
1312 (City Collection)
Project:
Address:
Toronto C02, Ontario
Developer:
Slate Asset Management
Property type:
condo
Floor plan:
Bathrooms:
1
Bedrooms:
0
Size:
488 sqft
Occupancy Date:
Jun 2027
Price, CAD
$1,150,900
Available
ROI
11,79%
Monthly Expenses
- condo fees— $337
- property taxes— $288
- property management— $44
- repairs and maintenance— $22
Total: $690
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Investment Period: 5 years
Yearly Return on Investment in Year 5
20.68%
Cumulative Return on Investment in Year 5
96.29%
Property Price at the End of Year 5
$1,483,000
Deposit Schedule
$10,000 at Signing
Total up to 5% in 30 days
$57,545
5% in 90 days
$57,545
5% in 747 days
$57,545
5% on Occupancy
$57,545
Net Gain (Loss)
- Net Gain Loss
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Property Price Appreciation
- 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 | $60,000 | $63,000 | $66,000 | $70,000 | $73,000 | $77,000 | $81,000 | $85,000 | $90,000 | $94,000 | $760,000 |
rent income | - | - | $4,000 | $9,000 | $9,000 | $10,000 | $10,000 | $10,000 | $11,000 | $11,000 | $74,000 |
mortgage principal reduction | - | - | $7,000 | $15,000 | $15,000 | $16,000 | $17,000 | $18,000 | $18,000 | $19,000 | $125,000 |
deposit interest | $4,000 | $6,000 | $9,000 | - | - | - | - | - | - | - | $20,000 |
gst hst rebate | - | - | $24,000 | - | - | - | - | - | - | - | $24,000 |
total income return | $64,000 | $69,000 | $111,000 | $93,000 | $98,000 | $103,000 | $108,000 | $113,000 | $119,000 | $125,000 | $1,002,000 |
Expense/ Investment
Category | Y1 | Y2 | Y3 | Y4 | Y5 | Y6 | Y7 | Y8 | Y9 | Y10 | Total |
---|---|---|---|---|---|---|---|---|---|---|---|
deposit | $115,000 | - | $115,000 | - | - | - | - | - | - | - | $230,000 |
remaining balance payment | - | - | - | - | - | - | - | - | - | - | - |
closing cost | - | - | $79,000 | - | - | - | - | - | - | - | $79,000 |
operating expense | - | - | $4,000 | $8,000 | $9,000 | $9,000 | $9,000 | $9,000 | $9,000 | $10,000 | $67,000 |
mortgage payment | - | - | $29,000 | $58,000 | $58,000 | $58,000 | $58,000 | $58,000 | $58,000 | $58,000 | $432,000 |
total expense investment | $115,000 | - | $228,000 | $66,000 | $66,000 | $66,000 | $67,000 | $67,000 | $67,000 | $67,000 | $809,000 |
Other
Category | Y1 | Y2 | Y3 | Y4 | Y5 | Y6 | Y7 | Y8 | Y9 | Y10 | Total |
---|---|---|---|---|---|---|---|---|---|---|---|
net gain loss | -$50,922 | $69,000 | -$116,800 | $27,000 | $31,000 | $36,000 | $41,000 | $47,000 | $52,000 | $58,000 | $194,000 |
cumulative roi | $56 | $116 | $76 | $87 | $96 | $104 | $111 | $118 | $124 | $131 | $1,000 |
One Delisle
Address: Toronto C02, Ontario
Price Range: $1,151,000 - $11,900,000
Avail. suites: 36
0—3.5 bd
308—3171 SqFt
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80% of Original Price
Options for changing mortgage terms
The rental rate per square foot.