Suite number:
E6 (Tower Suites)
Project:
Address:
Toronto W02, Ontario
Developer:
Sierra Communities
Property type:
condo
Floor plan:
Bathrooms:
2
Bedrooms:
2.5
Size:
1044 sqft
Occupancy Date:
May 2026
Price, CAD
$1,410,900
Available
ROI
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Investment Period: 5 years
Yearly Return on Investment in Year 5
20.71%
Cumulative Return on Investment in Year 5
95.80%
Property Price at the End of Year 5
$1,818,000
Deposit Schedule
$10,000 at Signing
Total up to 5% in 30 days
$70,545
5% in 180 days
$70,545
5% in 383 days
$70,545
5% on Occupancy
$70,545
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 | $73,000 | $77,000 | $81,000 | $85,000 | $90,000 | $95,000 | $99,000 | $105,000 | $110,000 | $116,000 | $931,000 |
rent income | - | $21,000 | $37,000 | $39,000 | $41,000 | $42,000 | $44,000 | $46,000 | $48,000 | $50,000 | $369,000 |
mortgage principal reduction | - | $10,000 | $18,000 | $19,000 | $20,000 | $21,000 | $22,000 | $23,000 | $24,000 | $25,000 | $180,000 |
deposit interest | $4,000 | $6,000 | - | - | - | - | - | - | - | - | $9,000 |
gst hst rebate | - | $24,000 | - | - | - | - | - | - | - | - | $24,000 |
total income return | $77,000 | $138,000 | $136,000 | $143,000 | $150,000 | $158,000 | $165,000 | $173,000 | $182,000 | $191,000 | $1,514,000 |
Expense/ Investment
Category | Y1 | Y2 | Y3 | Y4 | Y5 | Y6 | Y7 | Y8 | Y9 | Y10 | Total |
---|---|---|---|---|---|---|---|---|---|---|---|
deposit | $141,000 | $141,000 | - | - | - | - | - | - | - | - | $282,000 |
remaining balance payment | - | - | - | - | - | - | - | - | - | - | - |
closing cost | - | $90,000 | - | - | - | - | - | - | - | - | $90,000 |
operating expense | - | $9,000 | $15,000 | $16,000 | $16,000 | $16,000 | $17,000 | $17,000 | $18,000 | $18,000 | $141,000 |
mortgage payment | - | $41,000 | $71,000 | $71,000 | $71,000 | $71,000 | $71,000 | $71,000 | $71,000 | $71,000 | $606,000 |
total expense investment | $141,000 | $281,000 | $86,000 | $86,000 | $87,000 | $87,000 | $87,000 | $88,000 | $88,000 | $89,000 | $1,120,000 |
Other
Category | Y1 | Y2 | Y3 | Y4 | Y5 | Y6 | Y7 | Y8 | Y9 | Y10 | Total |
---|---|---|---|---|---|---|---|---|---|---|---|
net gain loss | -$64,233 | -$142,678 | $51,000 | $57,000 | $64,000 | $71,000 | $78,000 | $86,000 | $94,000 | $102,000 | $395,000 |
cumulative roi | $54 | $50 | $67 | $82 | $96 | $108 | $120 | $132 | $144 | $155 | $1,000 |
Motto Condos
Address: Toronto W02, Ontario
Price Range: $490,000 - $1,411,000
Avail. suites: 18
1—3.5 bd
362—1361 SqFt