Suite number:
Residence 05 Tower Collection 561 Sqft
Address:
Toronto C08, Ontario
Developer:
Pinnacle International
Property type:
condo
Floor plan:
Bathrooms:
1
Bedrooms:
1
Size:
561 sqft
Occupancy Date:
Dec 2022
Price, CAD
$920,900
Available
ROI
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Investment Period: 5 years
Yearly Return on Investment in Year 5
31.93%
Cumulative Return on Investment in Year 5
153.99%
Property Price at the End of Year 5
$1,186,000
Deposit Schedule
$5,000 at Signing
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 | $48,000 | $50,000 | $53,000 | $56,000 | $59,000 | $62,000 | $65,000 | $68,000 | $72,000 | $76,000 | $608,000 |
rent income | - | - | - | - | - | - | - | - | - | - | - |
mortgage principal reduction | $34,000 | $13,000 | $14,000 | $14,000 | $15,000 | $16,000 | $16,000 | $17,000 | $18,000 | $19,000 | $176,000 |
deposit interest | - | - | - | - | - | - | - | - | - | - | - |
gst hst rebate | - | - | - | - | - | - | - | - | - | - | - |
total income return | $81,000 | $63,000 | $67,000 | $70,000 | $74,000 | $77,000 | $81,000 | $86,000 | $90,000 | $95,000 | $784,000 |
Expense/ Investment
Category | Y1 | Y2 | Y3 | Y4 | Y5 | Y6 | Y7 | Y8 | Y9 | Y10 | Total |
---|---|---|---|---|---|---|---|---|---|---|---|
deposit | - | - | - | - | - | - | - | - | - | - | - |
remaining balance payment | - | - | - | - | - | - | - | - | - | - | - |
closing cost | - | - | - | - | - | - | - | - | - | - | - |
operating expense | - | - | - | - | - | - | - | - | - | - | - |
mortgage payment | $46,000 | $46,000 | $46,000 | $46,000 | $46,000 | $46,000 | $46,000 | $46,000 | $46,000 | $46,000 | $461,000 |
total expense investment | $46,000 | $46,000 | $46,000 | $46,000 | $46,000 | $46,000 | $46,000 | $46,000 | $46,000 | $46,000 | $461,000 |
Other
Category | Y1 | Y2 | Y3 | Y4 | Y5 | Y6 | Y7 | Y8 | Y9 | Y10 | Total |
---|---|---|---|---|---|---|---|---|---|---|---|
net gain loss | $35,000 | $17,000 | $21,000 | $24,000 | $28,000 | $31,000 | $35,000 | $39,000 | $44,000 | $48,000 | $323,000 |
cumulative roi | $177 | $157 | $153 | $153 | $154 | $156 | $159 | $162 | $166 | $170 | $2,000 |
The Prestige Condos at Pinnacle One Yonge
Address: Toronto C08, Ontario
Price Range: $921,000 - $3,185,000
Avail. suites: 10
1—3.5 bd
508—1873 SqFt