Suite number:
B411 - 502
Project:
Address:
Toronto C01, Ontario
Developer:
Originate Developments
Property type:
condo
Floor plan:
Bathrooms:
1
Bedrooms:
1
Size:
411 sqft
Occupancy Date:
Jan 2027
Price, CAD
$702,990
Available
ROI
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Investment Period: 5 years
Yearly Return on Investment in Year 5
21.99%
Cumulative Return on Investment in Year 5
106.66%
Property Price at the End of Year 5
$906,000
Deposit Schedule
$10,000 at Signing
Total up to 5% in -286 days
$35,150
5% in 15 days
$35,150
5% in 79 days
$35,150
5% on Occupancy
$35,150
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 | $36,000 | $38,000 | $40,000 | $43,000 | $45,000 | $47,000 | $50,000 | $52,000 | $55,000 | $58,000 | $464,000 |
| rent income | - | - | $9,000 | $10,000 | $10,000 | $11,000 | $11,000 | $12,000 | $12,000 | $13,000 | $88,000 |
| mortgage principal reduction | - | - | $8,000 | $9,000 | $10,000 | $10,000 | $10,000 | $11,000 | $11,000 | $12,000 | $81,000 |
| deposit interest | $6,000 | $4,000 | $90 | - | - | - | - | - | - | - | $10,000 |
| gst hst rebate | - | - | $24,000 | - | - | - | - | - | - | - | $24,000 |
| total income return | $43,000 | $42,000 | $81,000 | $62,000 | $65,000 | $68,000 | $71,000 | $75,000 | $79,000 | $83,000 | $668,000 |
Expense/ Investment
| Category | Y1 | Y2 | Y3 | Y4 | Y5 | Y6 | Y7 | Y8 | Y9 | Y10 | Total |
|---|---|---|---|---|---|---|---|---|---|---|---|
| deposit | $70,000 | - | $35,000 | - | - | - | - | - | - | - | $105,000 |
| remaining balance payment | - | - | - | - | - | - | - | - | - | - | - |
| closing cost | - | - | $62,000 | - | - | - | - | - | - | - | $62,000 |
| operating expense | - | - | $6,000 | $7,000 | $7,000 | $7,000 | $7,000 | $7,000 | $7,000 | $7,000 | $55,000 |
| mortgage payment | - | - | $32,000 | $35,000 | $35,000 | $35,000 | $35,000 | $35,000 | $35,000 | $35,000 | $279,000 |
| total expense investment | $70,000 | - | $135,000 | $42,000 | $42,000 | $42,000 | $42,000 | $42,000 | $42,000 | $43,000 | $500,000 |
Other
| Category | Y1 | Y2 | Y3 | Y4 | Y5 | Y6 | Y7 | Y8 | Y9 | Y10 | Total |
|---|---|---|---|---|---|---|---|---|---|---|---|
| net gain loss | -$27,538 | $42,000 | -$53,561 | $20,000 | $23,000 | $26,000 | $29,000 | $33,000 | $36,000 | $40,000 | $167,000 |
| cumulative roi | $61 | $121 | $86 | $97 | $107 | $115 | $123 | $131 | $138 | $145 | $1,000 |
Reside on Richmond
Address: Toronto C01, Ontario
Price Range: $552,000 - $1,434,000
Avail. suites: 21
0—3 bd
349—1091 SqFt