Suite number:
AR-W (West Tower)
Address:
Toronto W01, Ontario
Developer:
Mirabella Development Corporation
Property type:
condo
Bathrooms:
2
Bedrooms:
1.5
Size:
676 sqft
Occupancy Date:
Jan 2023
Price, CAD
$679,000
Available
ROI
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Investment Period: 5 years
Yearly Return on Investment in Year 5
33.11%
Cumulative Return on Investment in Year 5
160.62%
Property Price at the End of Year 5
$875,000
Deposit Schedule
$10 at Signing
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 | $43,000 | $45,000 | $48,000 | $50,000 | $53,000 | $56,000 | $448,000 |
| rent income | - | - | - | - | - | - | - | - | - | - | - |
| mortgage principal reduction | $27,000 | $10,000 | $10,000 | $11,000 | $11,000 | $12,000 | $13,000 | $13,000 | $14,000 | $14,000 | $135,000 |
| deposit interest | - | - | - | - | - | - | - | - | - | - | - |
| gst hst rebate | - | - | - | - | - | - | - | - | - | - | - |
| total income return | $62,000 | $47,000 | $50,000 | $52,000 | $55,000 | $57,000 | $60,000 | $63,000 | $67,000 | $70,000 | $583,000 |
Expense/ Investment
| Category | Y1 | Y2 | Y3 | Y4 | Y5 | Y6 | Y7 | Y8 | Y9 | Y10 | Total |
|---|---|---|---|---|---|---|---|---|---|---|---|
| deposit | - | - | - | - | - | - | - | - | - | - | - |
| remaining balance payment | - | - | - | - | - | - | - | - | - | - | - |
| closing cost | - | - | - | - | - | - | - | - | - | - | - |
| operating expense | - | - | - | - | - | - | - | - | - | - | - |
| mortgage payment | $33,000 | $33,000 | $33,000 | $33,000 | $33,000 | $33,000 | $33,000 | $33,000 | $33,000 | $33,000 | $330,000 |
| total expense investment | $33,000 | $33,000 | $33,000 | $33,000 | $33,000 | $33,000 | $33,000 | $33,000 | $33,000 | $33,000 | $330,000 |
Other
| Category | Y1 | Y2 | Y3 | Y4 | Y5 | Y6 | Y7 | Y8 | Y9 | Y10 | Total |
|---|---|---|---|---|---|---|---|---|---|---|---|
| net gain loss | $29,000 | $14,000 | $16,000 | $19,000 | $22,000 | $24,000 | $27,000 | $30,000 | $34,000 | $37,000 | $253,000 |
| cumulative roi | $187 | $165 | $160 | $159 | $161 | $163 | $166 | $169 | $173 | $177 | $2,000 |
Mirabella Luxury Condos - East and West Tower
Address: Toronto W01, Ontario
Price Range: $600,000 - $1,150,000
Avail. suites: 14
1—3 bd
460—1539 SqFt