Suite number:
536
Address:
Toronto W08, Ontario
Developer:
RioCan Living
Property type:
condo
Bathrooms:
1
Bedrooms:
1.5
Size:
536 sqft
Occupancy Date:
Jun 2025
Price, CAD
$683,900
Available
ROI
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Investment Period: 5 years
Yearly Return on Investment in Year 5
18.54%
Cumulative Return on Investment in Year 5
91.15%
Property Price at the End of Year 5
$881,000
Deposit Schedule
$10,000 at Signing
Total up to 5% in 30 days
$34,195
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 | $35,000 | $37,000 | $39,000 | $41,000 | $44,000 | $46,000 | $48,000 | $51,000 | $53,000 | $56,000 | $451,000 |
| rent income | $9,000 | $19,000 | $20,000 | $21,000 | $22,000 | $23,000 | $24,000 | $25,000 | $26,000 | $27,000 | $215,000 |
| mortgage principal reduction | $4,000 | $9,000 | $9,000 | $10,000 | $10,000 | $11,000 | $11,000 | $12,000 | $12,000 | $13,000 | $102,000 |
| deposit interest | $734 | - | - | - | - | - | - | - | - | - | $734 |
| gst hst rebate | $24,000 | - | - | - | - | - | - | - | - | - | $24,000 |
| total income return | $74,000 | $66,000 | $69,000 | $72,000 | $76,000 | $79,000 | $83,000 | $87,000 | $92,000 | $96,000 | $794,000 |
Expense/ Investment
| Category | Y1 | Y2 | Y3 | Y4 | Y5 | Y6 | Y7 | Y8 | Y9 | Y10 | Total |
|---|---|---|---|---|---|---|---|---|---|---|---|
| deposit | $34,000 | - | - | - | - | - | - | - | - | - | $34,000 |
| remaining balance payment | $103,000 | - | - | - | - | - | - | - | - | - | $103,000 |
| closing cost | $59,000 | - | - | - | - | - | - | - | - | - | $59,000 |
| operating expense | $4,000 | $8,000 | $9,000 | $9,000 | $9,000 | $9,000 | $10,000 | $10,000 | $10,000 | $11,000 | $89,000 |
| mortgage payment | $17,000 | $33,000 | $33,000 | $33,000 | $33,000 | $33,000 | $33,000 | $33,000 | $33,000 | $33,000 | $316,000 |
| total expense investment | $217,000 | $42,000 | $42,000 | $42,000 | $42,000 | $43,000 | $43,000 | $43,000 | $44,000 | $44,000 | $601,000 |
Other
| Category | Y1 | Y2 | Y3 | Y4 | Y5 | Y6 | Y7 | Y8 | Y9 | Y10 | Total |
|---|---|---|---|---|---|---|---|---|---|---|---|
| net gain loss | -$142,834 | $24,000 | $27,000 | $30,000 | $33,000 | $37,000 | $40,000 | $44,000 | $48,000 | $52,000 | $193,000 |
| cumulative roi | $32 | $49 | $64 | $78 | $91 | $104 | $116 | $127 | $139 | $151 | $950 |
Verge Condos (East and West Tower)
Address: Toronto W08, Ontario
Price Range: $645,000 - $1,180,000
Avail. suites: 72
1—3 bd
487—972 SqFt