Suite number:
804 - A1
Project:
Address:
Toronto C01, Ontario
Developer:
Fieldgate Urban
Property type:
condo
Bathrooms:
1
Bedrooms:
0
Size:
321 sqft
Occupancy Date:
Jan 2025
$539,990
Available
Want to own a unit? —
Investment Period: 5 years
Yearly Return on Investment in Year 5
15.16%
Cumulative Return on Investment in Year 5
76.95%
Property Price at the End of Year 5
$696,000
Deposit Schedule
$10,000 at Signing
Total up to 2% in 30 days
$10,800
8% on Occupancy
$43,199
Net Gain (Loss)
Get Expert Advice
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 | $28,000 | $30,000 | $31,000 | $33,000 | $34,000 | $36,000 | $38,000 | $40,000 | $42,000 | $44,000 | $356,000 |
rent income | $5,000 | $6,000 | $6,000 | $6,000 | $7,000 | $7,000 | $7,000 | $8,000 | $8,000 | $8,000 | $67,000 |
mortgage principal reduction | $6,000 | $7,000 | $8,000 | $8,000 | $8,000 | $9,000 | $9,000 | $9,000 | $10,000 | $10,000 | $84,000 |
deposit interest | $56 | - | - | - | - | - | - | - | - | - | $56 |
gst hst rebate | $24,000 | - | - | - | - | - | - | - | - | - | $24,000 |
total income return | $63,000 | $43,000 | $45,000 | $47,000 | $49,000 | $52,000 | $54,000 | $57,000 | $60,000 | $63,000 | $532,000 |
Expense/ Investment
Category | Y1 | Y2 | Y3 | Y4 | Y5 | Y6 | Y7 | Y8 | Y9 | Y10 | Total |
---|---|---|---|---|---|---|---|---|---|---|---|
deposit | $54,000 | - | - | - | - | - | - | - | - | - | $54,000 |
remaining balance payment | $54,000 | - | - | - | - | - | - | - | - | - | $54,000 |
closing cost | $54,000 | - | - | - | - | - | - | - | - | - | $54,000 |
operating expense | $4,000 | $5,000 | $5,000 | $5,000 | $5,000 | $6,000 | $6,000 | $6,000 | $6,000 | $6,000 | $54,000 |
mortgage payment | $22,000 | $26,000 | $26,000 | $26,000 | $26,000 | $26,000 | $26,000 | $26,000 | $26,000 | $26,000 | $258,000 |
total expense investment | $187,000 | $31,000 | $31,000 | $31,000 | $32,000 | $32,000 | $32,000 | $32,000 | $32,000 | $33,000 | $474,000 |
Other
Category | Y1 | Y2 | Y3 | Y4 | Y5 | Y6 | Y7 | Y8 | Y9 | Y10 | Total |
---|---|---|---|---|---|---|---|---|---|---|---|
net gain loss | -$124,899 | $11,000 | $13,000 | $15,000 | $18,000 | $20,000 | $22,000 | $25,000 | $28,000 | $30,000 | $58,000 |
cumulative roi | $32 | $46 | $58 | $68 | $77 | $85 | $93 | $101 | $108 | $115 | $782 |
The Twelve Hundred
Address: Toronto C01, Ontario
Price Range: $497,000 - $650,000
Avail. suites: 4
0—3 bd
321—819 SqFt