Suite number:

Arizona

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
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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)
Y1Y2Y3Y4Y5Y6Y7Y8Y9Y10-$80K-$40K$0$40K$80K
  • 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$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
CategoryY1Y2Y3Y4Y5Y6Y7Y8Y9Y10Total
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
CategoryY1Y2Y3Y4Y5Y6Y7Y8Y9Y10Total
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
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Annual Interest Rate (%)
4.75%
Vacancy Rate (%)
3%
Annual Growth Rate (%)
4.3%
Annual OPEX Inflation Rate (%)
2%