Suite number:
Cheltenham
Project:
Address:
Toronto C04, Ontario
Developer:
Graywood Developments
Property type:
condo
Bathrooms:
1
Bedrooms:
1
Size:
539 sqft
Occupancy Date:
Oct 2023
Price, CAD
$729,900
Available
ROI
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Investment Period: 5 years
Yearly Return on Investment in Year 5
32.85%
Cumulative Return on Investment in Year 5
154.84%
Property Price at the End of Year 5
$940,000
Deposit Schedule
$5,000 at Signing
Total up to 5% in 10 days
$36,495
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 | $38,000 | $40,000 | $42,000 | $44,000 | $46,000 | $49,000 | $51,000 | $54,000 | $57,000 | $60,000 | $482,000 |
| rent income | - | - | - | - | - | - | - | - | - | - | - |
| mortgage principal reduction | $20,000 | $10,000 | $11,000 | $11,000 | $12,000 | $12,000 | $13,000 | $14,000 | $14,000 | $15,000 | $132,000 |
| deposit interest | - | - | - | - | - | - | - | - | - | - | - |
| gst hst rebate | - | - | - | - | - | - | - | - | - | - | - |
| total income return | $58,000 | $50,000 | $53,000 | $55,000 | $58,000 | $61,000 | $64,000 | $68,000 | $71,000 | $75,000 | $614,000 |
Expense/ Investment
| Category | Y1 | Y2 | Y3 | Y4 | Y5 | Y6 | Y7 | Y8 | Y9 | Y10 | Total |
|---|---|---|---|---|---|---|---|---|---|---|---|
| deposit | - | - | - | - | - | - | - | - | - | - | - |
| remaining balance payment | - | - | - | - | - | - | - | - | - | - | - |
| closing cost | - | - | - | - | - | - | - | - | - | - | - |
| operating expense | - | - | - | - | - | - | - | - | - | - | - |
| mortgage payment | $36,000 | $36,000 | $36,000 | $36,000 | $36,000 | $36,000 | $36,000 | $36,000 | $36,000 | $36,000 | $355,000 |
| total expense investment | $36,000 | $36,000 | $36,000 | $36,000 | $36,000 | $36,000 | $36,000 | $36,000 | $36,000 | $36,000 | $355,000 |
Other
| Category | Y1 | Y2 | Y3 | Y4 | Y5 | Y6 | Y7 | Y8 | Y9 | Y10 | Total |
|---|---|---|---|---|---|---|---|---|---|---|---|
| net gain loss | $22,000 | $15,000 | $17,000 | $20,000 | $23,000 | $26,000 | $29,000 | $32,000 | $36,000 | $39,000 | $259,000 |
| cumulative roi | $163 | $152 | $151 | $152 | $155 | $158 | $161 | $165 | $169 | $173 | $2,000 |
250 Lawrence Condos
Address: Toronto C04, Ontario
Price Range: $675,000 - $2,000,000
Avail. suites: 7
1—3.5 bd
496—1806 SqFt