Suite number:
D3
Project:
Address:
Toronto C08, Ontario
Developer:
Concert Properties
Property type:
condo
Bathrooms:
2
Bedrooms:
2
Size:
954 sqft
Occupancy Date:
Jan 2025
Price, CAD
$1,132,900
Available
ROI
Want to own a unit? —
Investment Period: 5 years
Yearly Return on Investment in Year 5
18.43%
Cumulative Return on Investment in Year 5
88.08%
Property Price at the End of Year 5
$1,460,000
Deposit Schedule
$5,000 at Signing
Total up to 5% in 30 days
$56,645
10% on Occupancy
$113,290
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 | $59,000 | $62,000 | $65,000 | $69,000 | $72,000 | $76,000 | $80,000 | $84,000 | $88,000 | $93,000 | $748,000 |
| rent income | $23,000 | $29,000 | $30,000 | $31,000 | $33,000 | $34,000 | $36,000 | $37,000 | $39,000 | $40,000 | $333,000 |
| mortgage principal reduction | $12,000 | $15,000 | $16,000 | $17,000 | $17,000 | $18,000 | $19,000 | $20,000 | $21,000 | $22,000 | $177,000 |
| deposit interest | $27 | - | - | - | - | - | - | - | - | - | $27 |
| gst hst rebate | $24,000 | - | - | - | - | - | - | - | - | - | $24,000 |
| total income return | $118,000 | $106,000 | $111,000 | $117,000 | $122,000 | $128,000 | $135,000 | $141,000 | $148,000 | $155,000 | $1,281,000 |
Expense/ Investment
| Category | Y1 | Y2 | Y3 | Y4 | Y5 | Y6 | Y7 | Y8 | Y9 | Y10 | Total |
|---|---|---|---|---|---|---|---|---|---|---|---|
| deposit | $170,000 | - | - | - | - | - | - | - | - | - | $170,000 |
| remaining balance payment | $57,000 | - | - | - | - | - | - | - | - | - | $57,000 |
| closing cost | $77,000 | - | - | - | - | - | - | - | - | - | $77,000 |
| operating expense | $11,000 | $13,000 | $13,000 | $14,000 | $14,000 | $15,000 | $15,000 | $16,000 | $16,000 | $17,000 | $144,000 |
| mortgage payment | $46,000 | $55,000 | $55,000 | $55,000 | $55,000 | $55,000 | $55,000 | $55,000 | $55,000 | $55,000 | $542,000 |
| total expense investment | $360,000 | $68,000 | $69,000 | $69,000 | $69,000 | $70,000 | $70,000 | $71,000 | $71,000 | $72,000 | $990,000 |
Other
| Category | Y1 | Y2 | Y3 | Y4 | Y5 | Y6 | Y7 | Y8 | Y9 | Y10 | Total |
|---|---|---|---|---|---|---|---|---|---|---|---|
| net gain loss | -$242,213 | $38,000 | $43,000 | $48,000 | $53,000 | $58,000 | $64,000 | $70,000 | $77,000 | $83,000 | $291,000 |
| cumulative roi | $28 | $46 | $62 | $75 | $88 | $100 | $112 | $123 | $134 | $145 | $913 |
Burke Condos
Address: Toronto C08, Ontario
Price Range: $1,133,000 - $2,072,000
Avail. suites: 7
1—3.5 bd
530—2091 SqFt