Suite number:
1BY
Project:
Address:
Toronto W08, Ontario
Developer:
Mattamy Homes Canada
Property type:
condo
Bathrooms:
1
Bedrooms:
1
Size:
524 sqft
Occupancy Date:
Dec 2028
Price, CAD
$586,990
Available
ROI
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Investment Period: 5 years
Yearly Return on Investment in Year 5
38.52%
Cumulative Return on Investment in Year 5
118.23%
Property Price at the End of Year 5
$756,000
Deposit Schedule
$5,000 at Signing
Total up to 5% in 30 days
$29,350
2.5% in 210 days
$14,675
2.5% in 600 days
$14,675
10% on Occupancy
$58,699
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 | $30,000 | $32,000 | $34,000 | $36,000 | $37,000 | $39,000 | $41,000 | $44,000 | $46,000 | $48,000 | $387,000 |
| rent income | - | - | - | - | $11,000 | $13,000 | $13,000 | $14,000 | $14,000 | $15,000 | $81,000 |
| mortgage principal reduction | - | - | - | - | $8,000 | $9,000 | $9,000 | $9,000 | $10,000 | $10,000 | $54,000 |
| deposit interest | $2,000 | $3,000 | $3,000 | $3,000 | $192 | - | - | - | - | - | $11,000 |
| gst hst rebate | - | - | - | - | $24,000 | - | - | - | - | - | $24,000 |
| total income return | $32,000 | $35,000 | $37,000 | $39,000 | $80,000 | $61,000 | $64,000 | $67,000 | $70,000 | $73,000 | $558,000 |
Expense/ Investment
| Category | Y1 | Y2 | Y3 | Y4 | Y5 | Y6 | Y7 | Y8 | Y9 | Y10 | Total |
|---|---|---|---|---|---|---|---|---|---|---|---|
| deposit | $44,000 | $15,000 | - | - | $59,000 | - | - | - | - | - | $117,000 |
| remaining balance payment | - | - | - | - | - | - | - | - | - | - | - |
| closing cost | - | - | - | - | $55,000 | - | - | - | - | - | $55,000 |
| operating expense | - | - | - | - | $6,000 | $7,000 | $7,000 | $8,000 | $8,000 | $8,000 | $45,000 |
| mortgage payment | - | - | - | - | $25,000 | $27,000 | $27,000 | $27,000 | $27,000 | $27,000 | $159,000 |
| total expense investment | $44,000 | $15,000 | - | - | $145,000 | $34,000 | $34,000 | $35,000 | $35,000 | $35,000 | $377,000 |
Other
| Category | Y1 | Y2 | Y3 | Y4 | Y5 | Y6 | Y7 | Y8 | Y9 | Y10 | Total |
|---|---|---|---|---|---|---|---|---|---|---|---|
| net gain loss | -$11,849 | $21,000 | $37,000 | $39,000 | -$64,866 | $26,000 | $29,000 | $32,000 | $35,000 | $38,000 | $181,000 |
| cumulative roi | $73 | $115 | $178 | $244 | $118 | $129 | $140 | $150 | $159 | $168 | $1,000 |
The Clove
Address: Toronto W08, Ontario
Price Range: $441,000 - $1,007,000
Avail. suites: 15
0—3.5 bd
373—1003 SqFt