Suite number:
201
Project:
Address:
Toronto E02, Ontario
Developer:
Condoman Developments Inc.
Property type:
condo
Bathrooms:
3
Bedrooms:
2.5
Size:
1900 sqft
Occupancy Date:
Jan 2024
Status
This property is sold
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Investment Period: 5 years
Yearly Return on Investment in Year 5
32.78%
Cumulative Return on Investment in Year 5
153.14%
Property Price at the End of Year 5
$2,458,000
Deposit Schedule
$5,000 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 | $99,000 | $104,000 | $110,000 | $115,000 | $122,000 | $128,000 | $134,000 | $141,000 | $149,000 | $157,000 | $1,259,000 |
| rent income | - | - | - | - | - | - | - | - | - | - | - |
| mortgage principal reduction | $46,000 | $27,000 | $28,000 | $29,000 | $31,000 | $32,000 | $33,000 | $35,000 | $37,000 | $38,000 | $336,000 |
| deposit interest | - | - | - | - | - | - | - | - | - | - | - |
| gst hst rebate | - | - | - | - | - | - | - | - | - | - | - |
| total income return | $145,000 | $131,000 | $138,000 | $145,000 | $152,000 | $160,000 | $168,000 | $176,000 | $185,000 | $195,000 | $1,595,000 |
Expense/ Investment
| Category | Y1 | Y2 | Y3 | Y4 | Y5 | Y6 | Y7 | Y8 | Y9 | Y10 | Total |
|---|---|---|---|---|---|---|---|---|---|---|---|
| deposit | - | - | - | - | - | - | - | - | - | - | - |
| remaining balance payment | - | - | - | - | - | - | - | - | - | - | - |
| closing cost | - | - | - | - | - | - | - | - | - | - | - |
| operating expense | - | - | - | - | - | - | - | - | - | - | - |
| mortgage payment | $93,000 | $93,000 | $93,000 | $93,000 | $93,000 | $93,000 | $93,000 | $93,000 | $93,000 | $93,000 | $928,000 |
| total expense investment | $93,000 | $93,000 | $93,000 | $93,000 | $93,000 | $93,000 | $93,000 | $93,000 | $93,000 | $93,000 | $928,000 |
Other
| Category | Y1 | Y2 | Y3 | Y4 | Y5 | Y6 | Y7 | Y8 | Y9 | Y10 | Total |
|---|---|---|---|---|---|---|---|---|---|---|---|
| net gain loss | $52,000 | $38,000 | $45,000 | $52,000 | $59,000 | $67,000 | $75,000 | $84,000 | $93,000 | $102,000 | $667,000 |
| cumulative roi | $156 | $149 | $149 | $150 | $153 | $156 | $160 | $164 | $168 | $172 | $2,000 |
The View Beach Residences
Address: Toronto E02, Ontario
Price Range: $1,272,000 - $1,272,000
Avail. suites: 4
2—3 bd
715—2600 SqFt