Suite number:

2407 (Tower Collection)

Address:
Toronto E09, Ontario
Developer:
Lash Group of Companies
Property type:
condo
Floor plan:
Bathrooms:
2
Bedrooms:
3
Size:
956 sqft
Occupancy Date:
Jan 2026
Price, CAD
$971,990
Available
ROI
15,37%
Monthly Expenses
  • condo fees— $545
  • property taxes— $243
  • property management— $172
  • repairs and maintenance— $86
Total: $1,046
Want to own a unit? —
Investment Period: 5 years
Yearly Return on Investment in Year 5

20.77%

Cumulative Return on Investment in Year 5

97.99%

Property Price at the End of Year 5

$1,252,000

Deposit Schedule
$5,000 at Signing
Total up to 5% in 30 days
$48,600
10% on Occupancy
$97,199
Net Gain (Loss)
Y1Y2Y3Y4Y5Y6Y7Y8Y9Y10-$160K-$80K$0$80K$160K
  • Net Gain Loss
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Property Price Appreciation
Y1Y2Y3Y4Y5Y6Y7Y8Y9Y10$0$20K$40K$60K$80K
  • Property Price Appreciation
Investment Details (10-Year Period)
Income/Return
CategoryY1Y2Y3Y4Y5Y6Y7Y8Y9Y10Total
property price appreciation$50,000$53,000$56,000$59,000$62,000$65,000$69,000$72,000$76,000$80,000$641,000
rent income-$31,000$35,000$36,000$38,000$39,000$41,000$43,000$45,000$47,000$354,000
mortgage principal reduction-$11,000$13,000$13,000$14,000$14,000$15,000$16,000$17,000$17,000$130,000
deposit interest$2,000$62--------$2,000
gst hst rebate-$24,000--------$24,000
total income return$53,000$119,000$103,000$108,000$113,000$119,000$125,000$131,000$137,000$144,000$1,152,000
Expense/ Investment
CategoryY1Y2Y3Y4Y5Y6Y7Y8Y9Y10Total
deposit$49,000$97,000--------$146,000
remaining balance payment-$49,000--------$49,000
closing cost-$72,000--------$72,000
operating expense-$12,000$13,000$13,000$13,000$14,000$14,000$14,000$15,000$15,000$123,000
mortgage payment-$45,000$49,000$49,000$49,000$49,000$49,000$49,000$49,000$49,000$434,000
total expense investment$49,000$274,000$62,000$62,000$62,000$62,000$63,000$63,000$63,000$64,000$824,000
Other
CategoryY1Y2Y3Y4Y5Y6Y7Y8Y9Y10Total
net gain loss$4,000-$155,448$42,000$46,000$51,000$56,000$62,000$68,000$74,000$80,000$328,000
cumulative roi$108$49$67$83$98$113$127$142$156$171$1,000
Four Me Condos
Address: Toronto E09, Ontario
Price Range: $702,000 - $1,009,000
Avail. suites: 32
1—3 bd
474—1010 SqFt
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Annual Interest Rate (%)
4.75%
Vacancy Rate (%)
3%
Annual Growth Rate (%)
4.3%
Annual OPEX Inflation Rate (%)
2%