Suite number:
307
Project:
Address:
Toronto E03, Ontario
Developer:
Nahid Corp
Property type:
condo
Bathrooms:
2
Bedrooms:
2.5
Size:
1163 sqft
Occupancy Date:
Mar 2025
$1,632,900
Available
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Investment Period: 5 years
Yearly Return on Investment in Year 5
19.61%
Cumulative Return on Investment in Year 5
91.76%
Property Price at the End of Year 5
$2,104,000
Deposit Schedule
$5,000 at Signing
Total up to 5% in 30 days
$81,645
15% on Occupancy
$244,935
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 | $85,000 | $89,000 | $94,000 | $99,000 | $104,000 | $109,000 | $115,000 | $121,000 | $127,000 | $134,000 | $1,078,000 |
rent income | $27,000 | $42,000 | $44,000 | $46,000 | $48,000 | $50,000 | $52,000 | $54,000 | $56,000 | $59,000 | $477,000 |
mortgage principal reduction | $14,000 | $22,000 | $23,000 | $24,000 | $25,000 | $26,000 | $27,000 | $28,000 | $30,000 | $31,000 | $249,000 |
deposit interest | $968 | - | - | - | - | - | - | - | - | - | $968 |
gst hst rebate | $24,000 | - | - | - | - | - | - | - | - | - | $24,000 |
total income return | $151,000 | $153,000 | $160,000 | $168,000 | $176,000 | $185,000 | $194,000 | $204,000 | $213,000 | $224,000 | $1,829,000 |
Expense/ Investment
Category | Y1 | Y2 | Y3 | Y4 | Y5 | Y6 | Y7 | Y8 | Y9 | Y10 | Total |
---|---|---|---|---|---|---|---|---|---|---|---|
deposit | $327,000 | - | - | - | - | - | - | - | - | - | $327,000 |
remaining balance payment | - | - | - | - | - | - | - | - | - | - | - |
closing cost | $97,000 | - | - | - | - | - | - | - | - | - | $97,000 |
operating expense | $10,000 | $15,000 | $16,000 | $16,000 | $17,000 | $17,000 | $18,000 | $18,000 | $19,000 | $20,000 | $167,000 |
mortgage payment | $53,000 | $79,000 | $79,000 | $79,000 | $79,000 | $79,000 | $79,000 | $79,000 | $79,000 | $79,000 | $768,000 |
total expense investment | $487,000 | $95,000 | $95,000 | $96,000 | $96,000 | $97,000 | $97,000 | $98,000 | $98,000 | $99,000 | $1,358,000 |
Other
Category | Y1 | Y2 | Y3 | Y4 | Y5 | Y6 | Y7 | Y8 | Y9 | Y10 | Total |
---|---|---|---|---|---|---|---|---|---|---|---|
net gain loss | -$335,967 | $58,000 | $65,000 | $73,000 | $80,000 | $88,000 | $97,000 | $106,000 | $115,000 | $125,000 | $471,000 |
cumulative roi | $27 | $46 | $63 | $78 | $92 | $105 | $117 | $130 | $142 | $154 | $955 |
Nahid on Broadview
Address: Toronto E03, Ontario
Price Range: $1,091,000 - $1,686,000
Avail. suites: 9
1.5—3 bd
783—1280 SqFt