Suite number:
A1-02
Project:
Address:
Toronto E05, Ontario
Developer:
95 Developments Inc
Property type:
condo
Bathrooms:
1
Bedrooms:
1.5
Size:
562 sqft
Occupancy Date:
Jan 2027
$659,900
Available
Want to own a unit? —
Investment Period: 5 years
Yearly Return on Investment in Year 5
21.14%
Cumulative Return on Investment in Year 5
100.21%
Property Price at the End of Year 5
$850,000
Deposit Schedule
$5,000 at Signing
Total up to 5% in 30 days
$32,995
2.5% in 120 days
$16,498
2.5% in 215 days
$16,498
5% on Occupancy
$32,995
Net Gain (Loss)
Get Expert Advice
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 | $34,000 | $36,000 | $38,000 | $40,000 | $42,000 | $44,000 | $47,000 | $49,000 | $51,000 | $54,000 | $436,000 |
rent income | - | - | $18,000 | $21,000 | $21,000 | $22,000 | $23,000 | $24,000 | $25,000 | $26,000 | $182,000 |
mortgage principal reduction | - | - | $8,000 | $9,000 | $9,000 | $10,000 | $10,000 | $11,000 | $11,000 | $12,000 | $79,000 |
deposit interest | -$705 | $3,000 | $273 | - | - | - | - | - | - | - | $3,000 |
gst hst rebate | - | - | $24,000 | - | - | - | - | - | - | - | $24,000 |
total income return | $34,000 | $40,000 | $88,000 | $69,000 | $73,000 | $76,000 | $80,000 | $84,000 | $88,000 | $92,000 | $723,000 |
Expense/ Investment
Category | Y1 | Y2 | Y3 | Y4 | Y5 | Y6 | Y7 | Y8 | Y9 | Y10 | Total |
---|---|---|---|---|---|---|---|---|---|---|---|
deposit | $66,000 | - | $33,000 | - | - | - | - | - | - | - | $99,000 |
remaining balance payment | - | - | $33,000 | - | - | - | - | - | - | - | $33,000 |
closing cost | - | - | $58,000 | - | - | - | - | - | - | - | $58,000 |
operating expense | - | - | $7,000 | $8,000 | $8,000 | $9,000 | $9,000 | $9,000 | $9,000 | $10,000 | $69,000 |
mortgage payment | - | - | $29,000 | $32,000 | $32,000 | $32,000 | $32,000 | $32,000 | $32,000 | $32,000 | $254,000 |
total expense investment | $66,000 | - | $161,000 | $40,000 | $40,000 | $41,000 | $41,000 | $41,000 | $41,000 | $42,000 | $513,000 |
Other
Category | Y1 | Y2 | Y3 | Y4 | Y5 | Y6 | Y7 | Y8 | Y9 | Y10 | Total |
---|---|---|---|---|---|---|---|---|---|---|---|
net gain loss | -$32,478 | $40,000 | -$72,773 | $29,000 | $32,000 | $36,000 | $39,000 | $43,000 | $46,000 | $50,000 | $210,000 |
cumulative roi | $52 | $111 | $70 | $86 | $100 | $114 | $127 | $140 | $153 | $166 | $1,000 |
2992 Sheppard Ave East Condos
Address: Toronto E05, Ontario
Price Range: $630,000 - $955,000
Avail. suites: 11
1—3 bd
476—861 SqFt