Suite number:
Arizona
Project:
Address:
Toronto, Ontario
Developer:
Altree Developments
Property type:
condo
Floor plan:
Bathrooms:
1
Bedrooms:
1.5
Size:
553 sqft
Occupancy Date:
Sep 2026
Price, CAD
$739,990
Available
ROI
13,72%
Monthly Expenses
- condo fees— $376
- property taxes— $185
- property management— $100
- repairs and maintenance— $50
Total: $710
Want to own a unit? —
Investment Period: 5 years
Yearly Return on Investment in Year 5
19.73%
Cumulative Return on Investment in Year 5
94.01%
Property Price at the End of Year 5
$954,000
Deposit Schedule
$10,000 at Signing
Total up to 5% in 30 days
$37,000
2.5% in 180 days
$18,500
2.5% in 365 days
$18,500
2.5% in 540 days
$18,500
7.5% on Occupancy
$55,499
Net Gain (Loss)
- Net Gain Loss
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Property Price Appreciation
- 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 | $39,000 | $40,000 | $43,000 | $45,000 | $47,000 | $50,000 | $52,000 | $55,000 | $58,000 | $61,000 | $489,000 |
rent income | - | $6,000 | $20,000 | $20,000 | $21,000 | $22,000 | $23,000 | $24,000 | $25,000 | $26,000 | $189,000 |
mortgage principal reduction | - | $3,000 | $9,000 | $10,000 | $10,000 | $11,000 | $11,000 | $12,000 | $12,000 | $13,000 | $91,000 |
deposit interest | -$148 | $3,000 | - | - | - | - | - | - | - | - | $3,000 |
gst hst rebate | - | $24,000 | - | - | - | - | - | - | - | - | $24,000 |
total income return | $39,000 | $77,000 | $71,000 | $75,000 | $79,000 | $83,000 | $87,000 | $91,000 | $95,000 | $100,000 | $796,000 |
Expense/ Investment
Category | Y1 | Y2 | Y3 | Y4 | Y5 | Y6 | Y7 | Y8 | Y9 | Y10 | Total |
---|---|---|---|---|---|---|---|---|---|---|---|
deposit | $74,000 | $74,000 | - | - | - | - | - | - | - | - | $148,000 |
remaining balance payment | - | - | - | - | - | - | - | - | - | - | - |
closing cost | - | $63,000 | - | - | - | - | - | - | - | - | $63,000 |
operating expense | - | $3,000 | $9,000 | $9,000 | $9,000 | $9,000 | $9,000 | $10,000 | $10,000 | $10,000 | $77,000 |
mortgage payment | - | $12,000 | $37,000 | $37,000 | $37,000 | $37,000 | $37,000 | $37,000 | $37,000 | $37,000 | $309,000 |
total expense investment | $74,000 | $152,000 | $46,000 | $46,000 | $46,000 | $46,000 | $46,000 | $47,000 | $47,000 | $47,000 | $597,000 |
Other
Category | Y1 | Y2 | Y3 | Y4 | Y5 | Y6 | Y7 | Y8 | Y9 | Y10 | Total |
---|---|---|---|---|---|---|---|---|---|---|---|
net gain loss | -$35,339 | -$74,995 | $26,000 | $29,000 | $33,000 | $36,000 | $40,000 | $44,000 | $48,000 | $53,000 | $199,000 |
cumulative roi | $52 | $51 | $67 | $81 | $94 | $106 | $117 | $129 | $140 | $151 | $988 |
Kingside Residences
Address: Toronto, Ontario
Price Range: $495,000 - $1,445,000
Avail. suites: 34
0—3.5 bd
339—1098 SqFt
Proforma Calculator
80% of Original Price
Options for changing mortgage terms
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