Suite number:
2301A
Project:
Address:
Toronto W02, Ontario
Developer:
Almadev
Property type:
condo
Floor plan:
Bathrooms:
2
Bedrooms:
2
Size:
703 sqft
Occupancy Date:
Jan 2024
Price, CAD
$749,900
Available
ROI
Want to own a unit? —
Investment Period: 5 years
Yearly Return on Investment in Year 5
31.66%
Cumulative Return on Investment in Year 5
148.02%
Property Price at the End of Year 5
$966,000
Deposit Schedule
$5,000 at Signing
Total up to 2.5% in 30 days
$18,748
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 | $39,000 | $41,000 | $43,000 | $45,000 | $48,000 | $50,000 | $53,000 | $56,000 | $58,000 | $62,000 | $495,000 |
| rent income | - | - | - | - | - | - | - | - | - | - | - |
| mortgage principal reduction | $18,000 | $10,000 | $11,000 | $11,000 | $12,000 | $12,000 | $13,000 | $13,000 | $14,000 | $15,000 | $129,000 |
| deposit interest | - | - | - | - | - | - | - | - | - | - | - |
| gst hst rebate | - | - | - | - | - | - | - | - | - | - | - |
| total income return | $57,000 | $51,000 | $54,000 | $57,000 | $59,000 | $62,000 | $66,000 | $69,000 | $73,000 | $76,000 | $624,000 |
Expense/ Investment
| Category | Y1 | Y2 | Y3 | Y4 | Y5 | Y6 | Y7 | Y8 | Y9 | Y10 | Total |
|---|---|---|---|---|---|---|---|---|---|---|---|
| deposit | - | - | - | - | - | - | - | - | - | - | - |
| remaining balance payment | - | - | - | - | - | - | - | - | - | - | - |
| closing cost | - | - | - | - | - | - | - | - | - | - | - |
| operating expense | - | - | - | - | - | - | - | - | - | - | - |
| mortgage payment | $38,000 | $38,000 | $38,000 | $38,000 | $38,000 | $38,000 | $38,000 | $38,000 | $38,000 | $38,000 | $376,000 |
| total expense investment | $38,000 | $38,000 | $38,000 | $38,000 | $38,000 | $38,000 | $38,000 | $38,000 | $38,000 | $38,000 | $376,000 |
Other
| Category | Y1 | Y2 | Y3 | Y4 | Y5 | Y6 | Y7 | Y8 | Y9 | Y10 | Total |
|---|---|---|---|---|---|---|---|---|---|---|---|
| net gain loss | $19,000 | $14,000 | $16,000 | $19,000 | $22,000 | $25,000 | $28,000 | $32,000 | $35,000 | $39,000 | $249,000 |
| cumulative roi | $152 | $144 | $144 | $145 | $148 | $151 | $154 | $158 | $162 | $166 | $2,000 |
Galleria 01
Address: Toronto W02, Ontario
Price Range: $600,000 - $1,150,000
Avail. suites: 9
1—3.5 bd
496—1108 SqFt