Suite number:
4302 (Venice)
Project:
Address:
Toronto W06, Ontario
Developer:
The Conservatory Group
Property type:
condo
Bathrooms:
2
Bedrooms:
2
Size:
1192 sqft
Occupancy Date:
Jan 2025
Price, CAD
$1,965,900
Available
ROI
Want to own a unit? —
Investment Period: 5 years
Yearly Return on Investment in Year 5
17.66%
Cumulative Return on Investment in Year 5
82.64%
Property Price at the End of Year 5
$2,533,000
Deposit Schedule
$5,000 at Signing
Total up to 15% in 10269 days
$294,885
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 | $102,000 | $108,000 | $113,000 | $119,000 | $125,000 | $132,000 | $139,000 | $146,000 | $153,000 | $161,000 | $1,297,000 |
| rent income | $32,000 | $36,000 | $38,000 | $39,000 | $41,000 | $43,000 | $45,000 | $47,000 | $49,000 | $51,000 | $420,000 |
| mortgage principal reduction | $23,000 | $26,000 | $28,000 | $29,000 | $30,000 | $32,000 | $33,000 | $35,000 | $36,000 | $38,000 | $310,000 |
| deposit interest | - | - | - | - | - | - | - | - | - | - | - |
| gst hst rebate | $24,000 | - | - | - | - | - | - | - | - | - | $24,000 |
| total income return | $181,000 | $170,000 | $179,000 | $187,000 | $197,000 | $206,000 | $216,000 | $227,000 | $238,000 | $250,000 | $2,052,000 |
Expense/ Investment
| Category | Y1 | Y2 | Y3 | Y4 | Y5 | Y6 | Y7 | Y8 | Y9 | Y10 | Total |
|---|---|---|---|---|---|---|---|---|---|---|---|
| deposit | $295,000 | - | - | - | - | - | - | - | - | - | $295,000 |
| remaining balance payment | $98,000 | - | - | - | - | - | - | - | - | - | $98,000 |
| closing cost | $111,000 | - | - | - | - | - | - | - | - | - | $111,000 |
| operating expense | $17,000 | $20,000 | $20,000 | $21,000 | $21,000 | $22,000 | $23,000 | $24,000 | $24,000 | $25,000 | $217,000 |
| mortgage payment | $88,000 | $96,000 | $96,000 | $96,000 | $96,000 | $96,000 | $96,000 | $96,000 | $96,000 | $96,000 | $948,000 |
| total expense investment | $609,000 | $115,000 | $116,000 | $116,000 | $117,000 | $118,000 | $118,000 | $119,000 | $120,000 | $121,000 | $1,669,000 |
Other
| Category | Y1 | Y2 | Y3 | Y4 | Y5 | Y6 | Y7 | Y8 | Y9 | Y10 | Total |
|---|---|---|---|---|---|---|---|---|---|---|---|
| net gain loss | -$427,716 | $55,000 | $63,000 | $71,000 | $79,000 | $88,000 | $98,000 | $108,000 | $118,000 | $129,000 | $382,000 |
| cumulative roi | $26 | $44 | $58 | $71 | $83 | $93 | $103 | $113 | $122 | $131 | $845 |
Water's Edge at The Cove
Address: Toronto W06, Ontario
Price Range: $778,000 - $2,585,000
Avail. suites: 19
1—3 bd
466—1477 SqFt