Suite number:
Suite 1101
Address:
Toronto W08, Ontario
Developer:
RioCan Living
Property type:
condo
Bathrooms:
1
Bedrooms:
1
Size:
497 sqft
Occupancy Date:
Jun 2025
Price, CAD
$661,900
Available
ROI
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Investment Period: 5 years
Yearly Return on Investment in Year 5
17.91%
Cumulative Return on Investment in Year 5
87.91%
Property Price at the End of Year 5
$853,000
Deposit Schedule
$10,000 at Signing
Total up to 5% in 0 days
$33,095
2.5% in 30 days
$6,548
2.5% on Occupancy
$16,548
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 | $34,000 | $36,000 | $38,000 | $40,000 | $42,000 | $44,000 | $47,000 | $49,000 | $52,000 | $54,000 | $437,000 |
| rent income | $3,000 | $12,000 | $12,000 | $13,000 | $13,000 | $14,000 | $15,000 | $15,000 | $16,000 | $16,000 | $129,000 |
| mortgage principal reduction | $2,000 | $9,000 | $10,000 | $10,000 | $11,000 | $11,000 | $12,000 | $12,000 | $12,000 | $13,000 | $102,000 |
| deposit interest | $2,000 | - | - | - | - | - | - | - | - | - | $2,000 |
| gst hst rebate | $24,000 | - | - | - | - | - | - | - | - | - | $24,000 |
| total income return | $65,000 | $57,000 | $60,000 | $63,000 | $66,000 | $69,000 | $73,000 | $76,000 | $80,000 | $84,000 | $694,000 |
Expense/ Investment
| Category | Y1 | Y2 | Y3 | Y4 | Y5 | Y6 | Y7 | Y8 | Y9 | Y10 | Total |
|---|---|---|---|---|---|---|---|---|---|---|---|
| deposit | $66,000 | - | - | - | - | - | - | - | - | - | $66,000 |
| remaining balance payment | $66,000 | - | - | - | - | - | - | - | - | - | $66,000 |
| closing cost | $58,000 | - | - | - | - | - | - | - | - | - | $58,000 |
| operating expense | $2,000 | $7,000 | $7,000 | $8,000 | $8,000 | $8,000 | $8,000 | $9,000 | $9,000 | $9,000 | $75,000 |
| mortgage payment | $8,000 | $30,000 | $30,000 | $30,000 | $30,000 | $30,000 | $30,000 | $30,000 | $30,000 | $30,000 | $281,000 |
| total expense investment | $200,000 | $38,000 | $38,000 | $38,000 | $38,000 | $38,000 | $39,000 | $39,000 | $39,000 | $40,000 | $546,000 |
Other
| Category | Y1 | Y2 | Y3 | Y4 | Y5 | Y6 | Y7 | Y8 | Y9 | Y10 | Total |
|---|---|---|---|---|---|---|---|---|---|---|---|
| net gain loss | -$134,854 | $20,000 | $22,000 | $25,000 | $28,000 | $31,000 | $34,000 | $37,000 | $41,000 | $44,000 | $147,000 |
| cumulative roi | $32 | $49 | $64 | $76 | $88 | $99 | $108 | $118 | $127 | $137 | $899 |
Seize each moment to do something truly amazing and connect with what matters to you. An abundance of opportunities await residents at Verge East Tower. From curated indoor and outdoor lifestyle amenities for socializing, fitness, and relaxation to t...
Address: Toronto W08, Ontario
Price Range: $645,000 - $1,180,000
Avail. suites: 45
1—3 bd
487—972 SqFt