Suite number:
1108 - 3B-10-T
Project:
Address:
Toronto, Ontario
Developer:
CONTEXT
Property type:
condo
Floor plan:
Bathrooms:
2
Bedrooms:
3
Size:
1509 sqft
Occupancy Date:
Jun 2025
Price, CAD
$2,399,900
Available
ROI
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Investment Period: 5 years
Yearly Return on Investment in Year 5
18.64%
Cumulative Return on Investment in Year 5
85.72%
Property Price at the End of Year 5
$3,092,000
Deposit Schedule
$5,000 at Signing
Total up to 5% in 30 days
$119,995
2.5% in 90 days
$59,998
12.5% on Occupancy
$299,988
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 | $124,000 | $131,000 | $138,000 | $145,000 | $153,000 | $161,000 | $169,000 | $178,000 | $187,000 | $197,000 | $1,584,000 |
rent income | $31,000 | $54,000 | $56,000 | $59,000 | $61,000 | $64,000 | $67,000 | $70,000 | $73,000 | $76,000 | $609,000 |
mortgage principal reduction | $17,000 | $30,000 | $32,000 | $33,000 | $35,000 | $37,000 | $39,000 | $40,000 | $42,000 | $45,000 | $351,000 |
deposit interest | $372 | - | - | - | - | - | - | - | - | - | $372 |
gst hst rebate | $24,000 | - | - | - | - | - | - | - | - | - | $24,000 |
total income return | $197,000 | $216,000 | $226,000 | $238,000 | $249,000 | $262,000 | $274,000 | $288,000 | $302,000 | $317,000 | $2,569,000 |
Expense/ Investment
Category | Y1 | Y2 | Y3 | Y4 | Y5 | Y6 | Y7 | Y8 | Y9 | Y10 | Total |
---|---|---|---|---|---|---|---|---|---|---|---|
deposit | $480,000 | - | - | - | - | - | - | - | - | - | $480,000 |
remaining balance payment | - | - | - | - | - | - | - | - | - | - | - |
closing cost | $133,000 | - | - | - | - | - | - | - | - | - | $133,000 |
operating expense | $14,000 | $24,000 | $25,000 | $25,000 | $26,000 | $26,000 | $27,000 | $28,000 | $28,000 | $29,000 | $251,000 |
mortgage payment | $70,000 | $120,000 | $120,000 | $120,000 | $120,000 | $120,000 | $120,000 | $120,000 | $120,000 | $120,000 | $1,152,000 |
total expense investment | $697,000 | $144,000 | $145,000 | $145,000 | $146,000 | $146,000 | $147,000 | $148,000 | $148,000 | $149,000 | $2,016,000 |
Other
Category | Y1 | Y2 | Y3 | Y4 | Y5 | Y6 | Y7 | Y8 | Y9 | Y10 | Total |
---|---|---|---|---|---|---|---|---|---|---|---|
net gain loss | -$500,683 | $72,000 | $82,000 | $92,000 | $103,000 | $115,000 | $127,000 | $140,000 | $154,000 | $168,000 | $552,000 |
cumulative roi | $25 | $44 | $59 | $73 | $86 | $97 | $108 | $119 | $130 | $140 | $882 |
Queen & Ashbridge
Address: Toronto, Ontario
Price Range: $850,000 - $2,400,000
Avail. suites: 14
1—3 bd
490—1987 SqFt