Suite number:
F5 (BF)
Project:
Address:
Toronto C08, Ontario
Developer:
Concert Properties
Property type:
condo
Bathrooms:
2.5
Bedrooms:
3
Size:
1283 sqft
Occupancy Date:
Jan 2025
Price, CAD
$1,482,900
Available
ROI
Want to own a unit? —
Investment Period: 5 years
Yearly Return on Investment in Year 5
19.95%
Cumulative Return on Investment in Year 5
94.10%
Property Price at the End of Year 5
$1,910,000
Deposit Schedule
$5,000 at Signing
Total up to 5% in 30 days
$74,145
10% on Occupancy
$148,290
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 | $77,000 | $81,000 | $85,000 | $90,000 | $94,000 | $99,000 | $105,000 | $110,000 | $116,000 | $122,000 | $979,000 |
| rent income | $38,000 | $47,000 | $49,000 | $51,000 | $53,000 | $55,000 | $58,000 | $60,000 | $63,000 | $65,000 | $537,000 |
| mortgage principal reduction | $16,000 | $20,000 | $21,000 | $22,000 | $23,000 | $24,000 | $25,000 | $26,000 | $27,000 | $28,000 | $231,000 |
| deposit interest | $27 | - | - | - | - | - | - | - | - | - | $27 |
| gst hst rebate | $24,000 | - | - | - | - | - | - | - | - | - | $24,000 |
| total income return | $154,000 | $148,000 | $155,000 | $162,000 | $170,000 | $178,000 | $187,000 | $196,000 | $206,000 | $215,000 | $1,771,000 |
Expense/ Investment
| Category | Y1 | Y2 | Y3 | Y4 | Y5 | Y6 | Y7 | Y8 | Y9 | Y10 | Total |
|---|---|---|---|---|---|---|---|---|---|---|---|
| deposit | $222,000 | - | - | - | - | - | - | - | - | - | $222,000 |
| remaining balance payment | $74,000 | - | - | - | - | - | - | - | - | - | $74,000 |
| closing cost | $91,000 | - | - | - | - | - | - | - | - | - | $91,000 |
| operating expense | $15,000 | $18,000 | $19,000 | $19,000 | $20,000 | $21,000 | $21,000 | $22,000 | $23,000 | $23,000 | $201,000 |
| mortgage payment | $60,000 | $72,000 | $72,000 | $72,000 | $72,000 | $72,000 | $72,000 | $72,000 | $72,000 | $72,000 | $709,000 |
| total expense investment | $463,000 | $90,000 | $91,000 | $91,000 | $92,000 | $93,000 | $93,000 | $94,000 | $95,000 | $96,000 | $1,298,000 |
Other
| Category | Y1 | Y2 | Y3 | Y4 | Y5 | Y6 | Y7 | Y8 | Y9 | Y10 | Total |
|---|---|---|---|---|---|---|---|---|---|---|---|
| net gain loss | -$308,362 | $57,000 | $64,000 | $71,000 | $78,000 | $86,000 | $94,000 | $102,000 | $111,000 | $120,000 | $473,000 |
| cumulative roi | $28 | $47 | $64 | $79 | $94 | $108 | $122 | $135 | $149 | $163 | $990 |
Burke Condos
Address: Toronto C08, Ontario
Price Range: $1,133,000 - $2,072,000
Avail. suites: 7
1—3.5 bd
530—2091 SqFt