Suite number:
726
Project:
Address:
Toronto C15, Ontario
Developer:
Canderel Residential Inc.
Property type:
condo
Bathrooms:
2
Bedrooms:
2
Size:
652 sqft
Occupancy Date:
Jan 2025
Price, CAD
$1,099,900
Available
ROI
Want to own a unit? —
Investment Period: 5 years
Yearly Return on Investment in Year 5
17.30%
Cumulative Return on Investment in Year 5
82.83%
Property Price at the End of Year 5
$1,417,000
Deposit Schedule
$10,000 at Signing
Total up to 5% in 30 days
$54,995
5% on Occupancy
$54,995
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 | $57,000 | $60,000 | $63,000 | $67,000 | $70,000 | $74,000 | $78,000 | $82,000 | $86,000 | $90,000 | $726,000 |
| rent income | $16,000 | $20,000 | $21,000 | $21,000 | $22,000 | $23,000 | $24,000 | $25,000 | $27,000 | $28,000 | $228,000 |
| mortgage principal reduction | $12,000 | $15,000 | $15,000 | $16,000 | $17,000 | $18,000 | $18,000 | $19,000 | $20,000 | $21,000 | $172,000 |
| deposit interest | $54 | - | - | - | - | - | - | - | - | - | $54 |
| gst hst rebate | $24,000 | - | - | - | - | - | - | - | - | - | $24,000 |
| total income return | $109,000 | $95,000 | $99,000 | $104,000 | $109,000 | $115,000 | $120,000 | $126,000 | $132,000 | $139,000 | $1,149,000 |
Expense/ Investment
| Category | Y1 | Y2 | Y3 | Y4 | Y5 | Y6 | Y7 | Y8 | Y9 | Y10 | Total |
|---|---|---|---|---|---|---|---|---|---|---|---|
| deposit | $110,000 | - | - | - | - | - | - | - | - | - | $110,000 |
| remaining balance payment | $110,000 | - | - | - | - | - | - | - | - | - | $110,000 |
| closing cost | $76,000 | - | - | - | - | - | - | - | - | - | $76,000 |
| operating expense | $8,000 | $10,000 | $11,000 | $11,000 | $11,000 | $12,000 | $12,000 | $12,000 | $13,000 | $13,000 | $114,000 |
| mortgage payment | $45,000 | $54,000 | $54,000 | $54,000 | $54,000 | $54,000 | $54,000 | $54,000 | $54,000 | $54,000 | $526,000 |
| total expense investment | $349,000 | $64,000 | $64,000 | $64,000 | $65,000 | $65,000 | $66,000 | $66,000 | $66,000 | $67,000 | $936,000 |
Other
| Category | Y1 | Y2 | Y3 | Y4 | Y5 | Y6 | Y7 | Y8 | Y9 | Y10 | Total |
|---|---|---|---|---|---|---|---|---|---|---|---|
| net gain loss | -$240,137 | $31,000 | $35,000 | $40,000 | $44,000 | $49,000 | $55,000 | $60,000 | $66,000 | $72,000 | $213,000 |
| cumulative roi | $28 | $45 | $59 | $72 | $83 | $93 | $103 | $113 | $122 | $131 | $848 |
625 Sheppard Condos
Address: Toronto C15, Ontario
Price Range: $1,000,000 - $1,670,000
Avail. suites: 4
0—3 bd
358—1345 SqFt