Suite number:
2D
Project:
Address:
Toronto C03, Ontario
Developer:
Blackdoor Development Company
Property type:
condo
Floor plan:
Bathrooms:
2
Bedrooms:
1.5
Size:
1358 sqft
Occupancy Date:
Jan 2025
Price, CAD
$2,069,900
Available
ROI
Want to own a unit? —
Investment Period: 5 years
Yearly Return on Investment in Year 5
17.63%
Cumulative Return on Investment in Year 5
82.28%
Property Price at the End of Year 5
$2,667,000
Deposit Schedule
$30,000 at Signing
Total up to 15% in 9999 days
$310,485
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 | $107,000 | $113,000 | $119,000 | $125,000 | $132,000 | $139,000 | $146,000 | $153,000 | $161,000 | $170,000 | $1,366,000 |
| rent income | $43,000 | $49,000 | $51,000 | $54,000 | $56,000 | $58,000 | $61,000 | $63,000 | $66,000 | $69,000 | $572,000 |
| mortgage principal reduction | $23,000 | $27,000 | $28,000 | $29,000 | $31,000 | $32,000 | $34,000 | $35,000 | $37,000 | $39,000 | $316,000 |
| deposit interest | - | - | - | - | - | - | - | - | - | - | - |
| gst hst rebate | $24,000 | - | - | - | - | - | - | - | - | - | $24,000 |
| total income return | $198,000 | $189,000 | $198,000 | $208,000 | $219,000 | $229,000 | $241,000 | $252,000 | $265,000 | $278,000 | $2,277,000 |
Expense/ Investment
| Category | Y1 | Y2 | Y3 | Y4 | Y5 | Y6 | Y7 | Y8 | Y9 | Y10 | Total |
|---|---|---|---|---|---|---|---|---|---|---|---|
| deposit | $310,000 | - | - | - | - | - | - | - | - | - | $310,000 |
| remaining balance payment | $103,000 | - | - | - | - | - | - | - | - | - | $103,000 |
| closing cost | $117,000 | - | - | - | - | - | - | - | - | - | $117,000 |
| operating expense | $25,000 | $28,000 | $29,000 | $30,000 | $30,000 | $31,000 | $32,000 | $32,000 | $33,000 | $34,000 | $304,000 |
| mortgage payment | $95,000 | $104,000 | $104,000 | $104,000 | $104,000 | $104,000 | $104,000 | $104,000 | $104,000 | $104,000 | $1,028,000 |
| total expense investment | $651,000 | $132,000 | $133,000 | $133,000 | $134,000 | $135,000 | $135,000 | $136,000 | $137,000 | $138,000 | $1,863,000 |
Other
| Category | Y1 | Y2 | Y3 | Y4 | Y5 | Y6 | Y7 | Y8 | Y9 | Y10 | Total |
|---|---|---|---|---|---|---|---|---|---|---|---|
| net gain loss | -$453,180 | $57,000 | $66,000 | $75,000 | $85,000 | $95,000 | $105,000 | $116,000 | $128,000 | $140,000 | $414,000 |
| cumulative roi | $26 | $43 | $58 | $71 | $82 | $93 | $103 | $113 | $123 | $133 | $845 |
The Rhodes
Address: Toronto C03, Ontario
Price Range: $1,370,000 - $5,170,000
Avail. suites: 13
1.5—3.5 bd
998—2915 SqFt