Suite number:
MA3-03
Project:
Address:
Scarborough, Ontario
Developer:
95 Developments Inc
Property type:
condo
Floor plan:
Bathrooms:
2
Bedrooms:
3
Size:
909 sqft
Occupancy Date:
Jan 2025
Price, CAD
$1,044,990
Available
ROI
Want to own a unit? —
Investment Period: 5 years
Yearly Return on Investment in Year 5
19.86%
Cumulative Return on Investment in Year 5
95.58%
Property Price at the End of Year 5
$1,346,000
Deposit Schedule
$5,000 at Signing
Total up to 5% in 30 days
$52,250
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 | $54,000 | $57,000 | $60,000 | $63,000 | $67,000 | $70,000 | $74,000 | $77,000 | $82,000 | $86,000 | $690,000 |
| rent income | $29,000 | $33,000 | $34,000 | $36,000 | $37,000 | $39,000 | $41,000 | $42,000 | $44,000 | $46,000 | $383,000 |
| mortgage principal reduction | $12,000 | $13,000 | $14,000 | $15,000 | $16,000 | $16,000 | $17,000 | $18,000 | $19,000 | $20,000 | $159,000 |
| deposit interest | - | - | - | - | - | - | - | - | - | - | - |
| gst hst rebate | $24,000 | - | - | - | - | - | - | - | - | - | $24,000 |
| total income return | $119,000 | $104,000 | $109,000 | $114,000 | $120,000 | $125,000 | $131,000 | $138,000 | $145,000 | $152,000 | $1,256,000 |
Expense/ Investment
| Category | Y1 | Y2 | Y3 | Y4 | Y5 | Y6 | Y7 | Y8 | Y9 | Y10 | Total |
|---|---|---|---|---|---|---|---|---|---|---|---|
| deposit | $52,000 | - | - | - | - | - | - | - | - | - | $52,000 |
| remaining balance payment | $157,000 | - | - | - | - | - | - | - | - | - | $157,000 |
| closing cost | $58,000 | - | - | - | - | - | - | - | - | - | $58,000 |
| operating expense | $11,000 | $12,000 | $13,000 | $13,000 | $13,000 | $13,000 | $14,000 | $14,000 | $14,000 | $15,000 | $132,000 |
| mortgage payment | $48,000 | $52,000 | $52,000 | $52,000 | $52,000 | $52,000 | $52,000 | $52,000 | $52,000 | $52,000 | $519,000 |
| total expense investment | $326,000 | $65,000 | $65,000 | $65,000 | $65,000 | $66,000 | $66,000 | $66,000 | $67,000 | $67,000 | $918,000 |
Other
| Category | Y1 | Y2 | Y3 | Y4 | Y5 | Y6 | Y7 | Y8 | Y9 | Y10 | Total |
|---|---|---|---|---|---|---|---|---|---|---|---|
| net gain loss | -$206,733 | $39,000 | $44,000 | $49,000 | $54,000 | $60,000 | $65,000 | $71,000 | $78,000 | $85,000 | $338,000 |
| cumulative roi | $31 | $49 | $66 | $81 | $96 | $109 | $123 | $136 | $150 | $164 | $1,000 |
The Garden Series 2
Address: Scarborough, Ontario
Price Range: $500,000 - $1,045,000
Avail. suites: 9
1—4 bd
471—1226 SqFt