Suite number:
607
Project:
Address:
Toronto, Ontario
Developer:
Canderel Residential Inc.
Property type:
condo
Floor plan:
Bathrooms:
2
Bedrooms:
2
Size:
644 sqft
Occupancy Date:
Jan 2025
Price, CAD
$1,060,900
Available
ROI
Want to own a unit? —
Investment Period: 5 years
Yearly Return on Investment in Year 5
39.14%
Cumulative Return on Investment in Year 5
188.78%
Property Price at the End of Year 5
$1,367,000
Deposit Schedule
$10,000 at Signing
Total up to 15% in 9999 days
$159,135
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 | $55,000 | $58,000 | $61,000 | $64,000 | $68,000 | $71,000 | $75,000 | $79,000 | $83,000 | $87,000 | $700,000 |
| rent income | $19,000 | $20,000 | $20,000 | $21,000 | $22,000 | $23,000 | $24,000 | $25,000 | $26,000 | $27,000 | $228,000 |
| mortgage principal reduction | $13,000 | $14,000 | $14,000 | $15,000 | $16,000 | $17,000 | $17,000 | $18,000 | $19,000 | $20,000 | $164,000 |
| deposit interest | - | - | - | - | - | - | - | - | - | - | - |
| gst hst rebate | $24,000 | - | - | - | - | - | - | - | - | - | $24,000 |
| total income return | $111,000 | $91,000 | $96,000 | $101,000 | $106,000 | $111,000 | $116,000 | $122,000 | $128,000 | $134,000 | $1,116,000 |
Expense/ Investment
| Category | Y1 | Y2 | Y3 | Y4 | Y5 | Y6 | Y7 | Y8 | Y9 | Y10 | Total |
|---|---|---|---|---|---|---|---|---|---|---|---|
| deposit | - | - | - | - | - | - | - | - | - | - | - |
| remaining balance payment | - | - | - | - | - | - | - | - | - | - | - |
| closing cost | - | - | - | - | - | - | - | - | - | - | - |
| operating expense | $10,000 | $10,000 | $11,000 | $11,000 | $11,000 | $11,000 | $12,000 | $12,000 | $12,000 | $12,000 | $113,000 |
| mortgage payment | $53,000 | $53,000 | $53,000 | $53,000 | $53,000 | $53,000 | $53,000 | $53,000 | $53,000 | $53,000 | $531,000 |
| total expense investment | $63,000 | $64,000 | $64,000 | $64,000 | $64,000 | $65,000 | $65,000 | $65,000 | $65,000 | $66,000 | $644,000 |
Other
| Category | Y1 | Y2 | Y3 | Y4 | Y5 | Y6 | Y7 | Y8 | Y9 | Y10 | Total |
|---|---|---|---|---|---|---|---|---|---|---|---|
| net gain loss | $48,000 | $28,000 | $32,000 | $37,000 | $41,000 | $46,000 | $52,000 | $57,000 | $63,000 | $69,000 | $472,000 |
| cumulative roi | $226 | $193 | $187 | $186 | $189 | $193 | $197 | $203 | $209 | $215 | $2,000 |
908 St. Clair
Address: Toronto, Ontario
Price Range: $903,000 - $1,630,000
Avail. suites: 10
1—3.5 bd
460—2013 SqFt