Suite number:
2413
Project:
Address:
Toronto C03, Ontario
Developer:
Canderel Residential Inc.
Property type:
condo
Bathrooms:
3
Bedrooms:
2.5
Size:
1540 sqft
Occupancy Date:
Jun 2027
$3,299,900
Available
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Investment Period: 5 years
Yearly Return on Investment in Year 5
22.86%
Cumulative Return on Investment in Year 5
100.54%
Property Price at the End of Year 5
$4,251,000
Deposit Schedule
$10,000 at Signing
Total up to 5% in 30 days
$164,995
5% in 120 days
$164,995
2.5% in 750 days
$82,498
2.5% in 900 days
$82,498
5% on Occupancy
$164,995
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 | $171,000 | $180,000 | $190,000 | $200,000 | $210,000 | $221,000 | $233,000 | $245,000 | $257,000 | $271,000 | $2,178,000 |
rent income | - | - | $27,000 | $55,000 | $58,000 | $60,000 | $63,000 | $65,000 | $68,000 | $71,000 | $467,000 |
mortgage principal reduction | - | - | $21,000 | $44,000 | $46,000 | $48,000 | $50,000 | $52,000 | $55,000 | $57,000 | $371,000 |
deposit interest | $11,000 | $17,000 | $10,000 | - | - | - | - | - | - | - | $39,000 |
gst hst rebate | - | - | $24,000 | - | - | - | - | - | - | - | $24,000 |
total income return | $183,000 | $198,000 | $272,000 | $299,000 | $313,000 | $329,000 | $345,000 | $362,000 | $380,000 | $399,000 | $3,079,000 |
Expense/ Investment
Category | Y1 | Y2 | Y3 | Y4 | Y5 | Y6 | Y7 | Y8 | Y9 | Y10 | Total |
---|---|---|---|---|---|---|---|---|---|---|---|
deposit | $330,000 | - | $330,000 | - | - | - | - | - | - | - | $660,000 |
remaining balance payment | - | - | - | - | - | - | - | - | - | - | - |
closing cost | - | - | $177,000 | - | - | - | - | - | - | - | $177,000 |
operating expense | - | - | $14,000 | $28,000 | $29,000 | $30,000 | $31,000 | $32,000 | $33,000 | $34,000 | $228,000 |
mortgage payment | - | - | $80,000 | $161,000 | $161,000 | $161,000 | $161,000 | $161,000 | $161,000 | $161,000 | $1,204,000 |
total expense investment | $330,000 | - | $601,000 | $188,000 | $189,000 | $190,000 | $191,000 | $192,000 | $193,000 | $194,000 | $2,269,000 |
Other
Category | Y1 | Y2 | Y3 | Y4 | Y5 | Y6 | Y7 | Y8 | Y9 | Y10 | Total |
---|---|---|---|---|---|---|---|---|---|---|---|
net gain loss | -$147,415 | $198,000 | -$328,558 | $110,000 | $124,000 | $139,000 | $154,000 | $170,000 | $187,000 | $205,000 | $810,000 |
cumulative roi | $55 | $115 | $73 | $88 | $101 | $112 | $122 | $131 | $140 | $149 | $1,000 |
Forêt
Address: Toronto C03, Ontario
Price Range: $1,203,000 - $3,991,000
Avail. suites: 10
0—3.5 bd
369—1923 SqFt