Suite number:
2804 - 1B 472
Project:
Address:
Toronto W02, Ontario
Developer:
Almadev
Property type:
condo
Floor plan:
Bathrooms:
1
Bedrooms:
1
Size:
472 sqft
Occupancy Date:
Sep 2026
Price, CAD
$624,900
Available
ROI
Want to own a unit? —
Investment Period: 5 years
Yearly Return on Investment in Year 5
18.17%
Cumulative Return on Investment in Year 5
87.60%
Property Price at the End of Year 5
$805,000
Deposit Schedule
$10,000 at Signing
Total up to 5% in 30 days
$31,245
5% on Occupancy
$31,245
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 | $32,000 | $34,000 | $36,000 | $38,000 | $40,000 | $42,000 | $44,000 | $46,000 | $49,000 | $51,000 | $412,000 |
| rent income | - | $4,000 | $11,000 | $12,000 | $12,000 | $13,000 | $13,000 | $14,000 | $14,000 | $15,000 | $108,000 |
| mortgage principal reduction | - | $3,000 | $8,000 | $8,000 | $9,000 | $9,000 | $9,000 | $10,000 | $10,000 | $11,000 | $77,000 |
| deposit interest | -$2 | $2,000 | - | - | - | - | - | - | - | - | $2,000 |
| gst hst rebate | - | $24,000 | - | - | - | - | - | - | - | - | $24,000 |
| total income return | $32,000 | $66,000 | $55,000 | $58,000 | $61,000 | $64,000 | $67,000 | $70,000 | $74,000 | $77,000 | $623,000 |
Expense/ Investment
| Category | Y1 | Y2 | Y3 | Y4 | Y5 | Y6 | Y7 | Y8 | Y9 | Y10 | Total |
|---|---|---|---|---|---|---|---|---|---|---|---|
| deposit | $31,000 | $31,000 | - | - | - | - | - | - | - | - | $62,000 |
| remaining balance payment | - | $62,000 | - | - | - | - | - | - | - | - | $62,000 |
| closing cost | - | $58,000 | - | - | - | - | - | - | - | - | $58,000 |
| operating expense | - | $2,000 | $6,000 | $7,000 | $7,000 | $7,000 | $7,000 | $7,000 | $7,000 | $7,000 | $58,000 |
| mortgage payment | - | $10,000 | $31,000 | $31,000 | $31,000 | $31,000 | $31,000 | $31,000 | $31,000 | $31,000 | $261,000 |
| total expense investment | $31,000 | $165,000 | $38,000 | $38,000 | $38,000 | $38,000 | $38,000 | $38,000 | $39,000 | $39,000 | $502,000 |
Other
| Category | Y1 | Y2 | Y3 | Y4 | Y5 | Y6 | Y7 | Y8 | Y9 | Y10 | Total |
|---|---|---|---|---|---|---|---|---|---|---|---|
| net gain loss | $1,000 | -$98,283 | $17,000 | $20,000 | $23,000 | $25,000 | $28,000 | $32,000 | $35,000 | $38,000 | $122,000 |
| cumulative roi | $104 | $51 | $65 | $77 | $88 | $97 | $107 | $115 | $124 | $132 | $959 |
Galleria 3 Condos
Address: Toronto W02, Ontario
Price Range: $625,000 - $2,000,000
Avail. suites: 34
0—3.5 bd
395—1426 SqFt