Suite number:
Piccadilly 564
Project:
Address:
Toronto, Ontario
Developer:
Menkes Developments Ltd.
Property type:
condo
Floor plan:
Bathrooms:
2
Bedrooms:
1.5
Size:
564 sqft
Occupancy Date:
Sep 2028
Price, CAD
$927,990
Available
ROI
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Investment Period: 5 years
Yearly Return on Investment in Year 5
22.57%
Cumulative Return on Investment in Year 5
104.35%
Property Price at the End of Year 5
$1,196,000
Deposit Schedule
$10,000 at Signing
Total up to 5% in 30 days
$46,400
2.5% in 90 days
$23,200
2.5% in 180 days
$23,200
2.5% in 540 days
$23,200
2.5% in 900 days
$23,200
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 | $49,000 | $51,000 | $53,000 | $56,000 | $59,000 | $62,000 | $65,000 | $69,000 | $72,000 | $76,000 | $613,000 |
| rent income | - | - | $2,000 | $20,000 | $21,000 | $22,000 | $22,000 | $23,000 | $24,000 | $25,000 | $159,000 |
| mortgage principal reduction | - | - | $934 | $12,000 | $12,000 | $13,000 | $13,000 | $14,000 | $15,000 | $15,000 | $94,000 |
| deposit interest | -$2,636 | $7,000 | $8,000 | - | - | - | - | - | - | - | $12,000 |
| gst hst rebate | - | - | $24,000 | - | - | - | - | - | - | - | $24,000 |
| total income return | $46,000 | $58,000 | $88,000 | $87,000 | $92,000 | $96,000 | $101,000 | $106,000 | $111,000 | $117,000 | $903,000 |
Expense/ Investment
| Category | Y1 | Y2 | Y3 | Y4 | Y5 | Y6 | Y7 | Y8 | Y9 | Y10 | Total |
|---|---|---|---|---|---|---|---|---|---|---|---|
| deposit | $93,000 | $23,000 | $70,000 | - | - | - | - | - | - | - | $186,000 |
| remaining balance payment | - | - | - | - | - | - | - | - | - | - | - |
| closing cost | - | - | $71,000 | - | - | - | - | - | - | - | $71,000 |
| operating expense | - | - | $790 | $10,000 | $10,000 | $10,000 | $10,000 | $10,000 | $11,000 | $11,000 | $72,000 |
| mortgage payment | - | - | $4,000 | $46,000 | $46,000 | $46,000 | $46,000 | $46,000 | $46,000 | $46,000 | $329,000 |
| total expense investment | $93,000 | $23,000 | $145,000 | $56,000 | $56,000 | $56,000 | $57,000 | $57,000 | $57,000 | $57,000 | $657,000 |
Other
| Category | Y1 | Y2 | Y3 | Y4 | Y5 | Y6 | Y7 | Y8 | Y9 | Y10 | Total |
|---|---|---|---|---|---|---|---|---|---|---|---|
| net gain loss | -$46,767 | $35,000 | -$56,654 | $31,000 | $36,000 | $40,000 | $44,000 | $49,000 | $54,000 | $60,000 | $246,000 |
| cumulative roi | $52 | $89 | $78 | $92 | $104 | $115 | $126 | $135 | $145 | $154 | $1,000 |
Elektra Condos
Address: Toronto, Ontario
Price Range: $594,000 - $1,271,000
Avail. suites: 17
0—3 bd
375—909 SqFt