Suite number:
2003
Project:
Address:
Toronto C10, Ontario
Developer:
Tribute Communities
Property type:
condo
Floor plan:
Bathrooms:
2
Bedrooms:
3
Size:
893 sqft
Occupancy Date:
Jul 2025
Price, CAD
$1,332,000
Available
ROI
Want to own a unit? —
Investment Period: 5 years
Yearly Return on Investment in Year 5
18.56%
Cumulative Return on Investment in Year 5
87.46%
Property Price at the End of Year 5
$1,716,000
Deposit Schedule
$5 at Signing
Total up to 5% in 90 days
$66,600
6% on Occupancy
$79,920
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 | $69,000 | $73,000 | $77,000 | $81,000 | $85,000 | $89,000 | $94,000 | $99,000 | $104,000 | $109,000 | $879,000 |
rent income | $18,000 | $32,000 | $33,000 | $35,000 | $36,000 | $38,000 | $39,000 | $41,000 | $43,000 | $45,000 | $361,000 |
mortgage principal reduction | $9,000 | $17,000 | $18,000 | $19,000 | $19,000 | $20,000 | $21,000 | $22,000 | $24,000 | $25,000 | $195,000 |
deposit interest | $1,000 | - | - | - | - | - | - | - | - | - | $1,000 |
gst hst rebate | $24,000 | - | - | - | - | - | - | - | - | - | $24,000 |
total income return | $122,000 | $122,000 | $128,000 | $134,000 | $141,000 | $147,000 | $155,000 | $162,000 | $170,000 | $179,000 | $1,460,000 |
Expense/ Investment
Category | Y1 | Y2 | Y3 | Y4 | Y5 | Y6 | Y7 | Y8 | Y9 | Y10 | Total |
---|---|---|---|---|---|---|---|---|---|---|---|
deposit | $147,000 | - | - | - | - | - | - | - | - | - | $147,000 |
remaining balance payment | $120,000 | - | - | - | - | - | - | - | - | - | $120,000 |
closing cost | $87,000 | - | - | - | - | - | - | - | - | - | $87,000 |
operating expense | $8,000 | $13,000 | $14,000 | $14,000 | $14,000 | $15,000 | $15,000 | $15,000 | $16,000 | $16,000 | $140,000 |
mortgage payment | $39,000 | $67,000 | $67,000 | $67,000 | $67,000 | $67,000 | $67,000 | $67,000 | $67,000 | $67,000 | $639,000 |
total expense investment | $400,000 | $80,000 | $80,000 | $81,000 | $81,000 | $81,000 | $82,000 | $82,000 | $82,000 | $83,000 | $1,133,000 |
Other
Category | Y1 | Y2 | Y3 | Y4 | Y5 | Y6 | Y7 | Y8 | Y9 | Y10 | Total |
---|---|---|---|---|---|---|---|---|---|---|---|
net gain loss | -$277,634 | $42,000 | $47,000 | $53,000 | $60,000 | $66,000 | $73,000 | $80,000 | $88,000 | $96,000 | $327,000 |
cumulative roi | $28 | $46 | $61 | $75 | $87 | $99 | $111 | $122 | $133 | $143 | $904 |
Y&S Condos
Address: Toronto C10, Ontario
Price Range: $1,182,000 - $1,999,000
Avail. suites: 10
2—3 bd
782—1224 SqFt