Suite number:
536 (East Tower)
Address:
Toronto W08, Ontario
Developer:
RioCan Living
Property type:
condo
Floor plan:
Bathrooms:
1
Bedrooms:
1.5
Size:
536 sqft
Occupancy Date:
Jun 2025
Price, CAD
$683,900
Available
ROI
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Investment Period: 5 years
Yearly Return on Investment in Year 5
18.05%
Cumulative Return on Investment in Year 5
88.77%
Property Price at the End of Year 5
$881,000
Deposit Schedule
$10,000 at Signing
Total up to 5% in 30 days
$34,195
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 | $35,000 | $37,000 | $39,000 | $41,000 | $44,000 | $46,000 | $48,000 | $51,000 | $53,000 | $56,000 | $451,000 |
| rent income | $9,000 | $19,000 | $20,000 | $21,000 | $22,000 | $23,000 | $24,000 | $25,000 | $26,000 | $27,000 | $214,000 |
| mortgage principal reduction | $4,000 | $9,000 | $9,000 | $10,000 | $10,000 | $10,000 | $11,000 | $11,000 | $12,000 | $13,000 | $99,000 |
| deposit interest | $637 | - | - | - | - | - | - | - | - | - | $637 |
| gst hst rebate | $24,000 | - | - | - | - | - | - | - | - | - | $24,000 |
| total income return | $74,000 | $65,000 | $68,000 | $72,000 | $75,000 | $79,000 | $83,000 | $87,000 | $91,000 | $96,000 | $789,000 |
Expense/ Investment
| Category | Y1 | Y2 | Y3 | Y4 | Y5 | Y6 | Y7 | Y8 | Y9 | Y10 | Total |
|---|---|---|---|---|---|---|---|---|---|---|---|
| deposit | $34,000 | - | - | - | - | - | - | - | - | - | $34,000 |
| remaining balance payment | $103,000 | - | - | - | - | - | - | - | - | - | $103,000 |
| closing cost | $61,000 | - | - | - | - | - | - | - | - | - | $61,000 |
| operating expense | $4,000 | $8,000 | $8,000 | $9,000 | $9,000 | $9,000 | $9,000 | $9,000 | $10,000 | $10,000 | $86,000 |
| mortgage payment | $17,000 | $34,000 | $34,000 | $34,000 | $34,000 | $34,000 | $34,000 | $34,000 | $34,000 | $34,000 | $325,000 |
| total expense investment | $219,000 | $43,000 | $43,000 | $43,000 | $43,000 | $43,000 | $44,000 | $44,000 | $44,000 | $44,000 | $609,000 |
Other
| Category | Y1 | Y2 | Y3 | Y4 | Y5 | Y6 | Y7 | Y8 | Y9 | Y10 | Total |
|---|---|---|---|---|---|---|---|---|---|---|---|
| net gain loss | -$145,163 | $23,000 | $26,000 | $29,000 | $32,000 | $36,000 | $39,000 | $43,000 | $47,000 | $51,000 | $180,000 |
| cumulative roi | $31 | $48 | $63 | $76 | $89 | $101 | $112 | $124 | $135 | $147 | $925 |
Verge Condos (East and West Tower)
Address: Toronto W08, Ontario
Price Range: $645,000 - $1,180,000
Avail. suites: 78
1—3 bd
487—972 SqFt