Suite number:
E6 (Tower Suites)
Project:
Address:
Toronto, 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
Want to own a unit? —
Investment Period: 5 years
Yearly Return on Investment in Year 5
19.18%
Cumulative Return on Investment in Year 5
89.56%
Property Price at the End of Year 5
$1,819,000
Deposit Schedule
$10,000 at Signing
Total up to 5% in 30 days
$70,545
10% on Occupancy
$141,090
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 | $74,000 | $77,000 | $81,000 | $85,000 | $90,000 | $95,000 | $99,000 | $105,000 | $110,000 | $116,000 | $932,000 |
| rent income | $15,000 | $37,000 | $39,000 | $40,000 | $42,000 | $44,000 | $46,000 | $48,000 | $50,000 | $52,000 | $413,000 |
| mortgage principal reduction | $7,000 | $18,000 | $19,000 | $20,000 | $20,000 | $21,000 | $23,000 | $24,000 | $25,000 | $26,000 | $202,000 |
| deposit interest | $81 | - | - | - | - | - | - | - | - | - | $81 |
| gst hst rebate | $24,000 | - | - | - | - | - | - | - | - | - | $24,000 |
| total income return | $120,000 | $132,000 | $139,000 | $145,000 | $152,000 | $160,000 | $168,000 | $176,000 | $185,000 | $194,000 | $1,571,000 |
Expense/ Investment
| Category | Y1 | Y2 | Y3 | Y4 | Y5 | Y6 | Y7 | Y8 | Y9 | Y10 | Total |
|---|---|---|---|---|---|---|---|---|---|---|---|
| deposit | $212,000 | - | - | - | - | - | - | - | - | - | $212,000 |
| remaining balance payment | $71,000 | - | - | - | - | - | - | - | - | - | $71,000 |
| closing cost | $90,000 | - | - | - | - | - | - | - | - | - | $90,000 |
| operating expense | $6,000 | $15,000 | $16,000 | $16,000 | $16,000 | $17,000 | $17,000 | $17,000 | $18,000 | $18,000 | $156,000 |
| mortgage payment | $29,000 | $71,000 | $71,000 | $71,000 | $71,000 | $71,000 | $71,000 | $71,000 | $71,000 | $71,000 | $665,000 |
| total expense investment | $408,000 | $86,000 | $86,000 | $87,000 | $87,000 | $87,000 | $88,000 | $88,000 | $89,000 | $89,000 | $1,194,000 |
Other
| Category | Y1 | Y2 | Y3 | Y4 | Y5 | Y6 | Y7 | Y8 | Y9 | Y10 | Total |
|---|---|---|---|---|---|---|---|---|---|---|---|
| net gain loss | -$287,336 | $46,000 | $52,000 | $59,000 | $66,000 | $73,000 | $80,000 | $88,000 | $96,000 | $105,000 | $378,000 |
| cumulative roi | $27 | $46 | $62 | $76 | $90 | $102 | $114 | $126 | $137 | $149 | $929 |
Motto Condos
Address: Toronto, Ontario
Price Range: $490,000 - $1,411,000
Avail. suites: 18
1—3.5 bd
362—1361 SqFt