Suite number:
2414
Project:
Address:
Toronto C03, Ontario
Developer:
Canderel Residential Inc.
Property type:
condo
Bathrooms:
3
Bedrooms:
3.5
Size:
1923 sqft
Occupancy Date:
Jun 2027
$3,990,900
Available
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Investment Period: 5 years
Yearly Return on Investment in Year 5
22.96%
Cumulative Return on Investment in Year 5
100.62%
Property Price at the End of Year 5
$5,141,000
Deposit Schedule
$10,000 at Signing
Total up to 5% in 30 days
$199,545
5% in 120 days
$199,545
2.5% in 750 days
$99,773
2.5% in 900 days
$99,773
5% on Occupancy
$199,545
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 | $207,000 | $218,000 | $230,000 | $242,000 | $254,000 | $267,000 | $281,000 | $296,000 | $311,000 | $327,000 | $2,634,000 |
rent income | - | - | $34,000 | $69,000 | $72,000 | $75,000 | $78,000 | $82,000 | $85,000 | $89,000 | $583,000 |
mortgage principal reduction | - | - | $25,000 | $53,000 | $55,000 | $58,000 | $60,000 | $63,000 | $66,000 | $69,000 | $449,000 |
deposit interest | $14,000 | $21,000 | $13,000 | - | - | - | - | - | - | - | $47,000 |
gst hst rebate | - | - | $24,000 | - | - | - | - | - | - | - | $24,000 |
total income return | $221,000 | $239,000 | $325,000 | $363,000 | $381,000 | $400,000 | $420,000 | $441,000 | $462,000 | $485,000 | $3,737,000 |
Expense/ Investment
Category | Y1 | Y2 | Y3 | Y4 | Y5 | Y6 | Y7 | Y8 | Y9 | Y10 | Total |
---|---|---|---|---|---|---|---|---|---|---|---|
deposit | $399,000 | - | $399,000 | - | - | - | - | - | - | - | $798,000 |
remaining balance payment | - | - | - | - | - | - | - | - | - | - | - |
closing cost | - | - | $211,000 | - | - | - | - | - | - | - | $211,000 |
operating expense | - | - | $17,000 | $34,000 | $36,000 | $37,000 | $38,000 | $39,000 | $40,000 | $42,000 | $282,000 |
mortgage payment | - | - | $97,000 | $194,000 | $194,000 | $194,000 | $194,000 | $194,000 | $194,000 | $194,000 | $1,456,000 |
total expense investment | $399,000 | - | $725,000 | $229,000 | $230,000 | $231,000 | $232,000 | $233,000 | $234,000 | $236,000 | $2,748,000 |
Other
Category | Y1 | Y2 | Y3 | Y4 | Y5 | Y6 | Y7 | Y8 | Y9 | Y10 | Total |
---|---|---|---|---|---|---|---|---|---|---|---|
net gain loss | -$178,284 | $239,000 | -$399,164 | $135,000 | $152,000 | $169,000 | $188,000 | $207,000 | $228,000 | $250,000 | $990,000 |
cumulative roi | $55 | $115 | $73 | $88 | $101 | $112 | $122 | $132 | $141 | $150 | $1,000 |
Forêt
Address: Toronto C03, Ontario
Price Range: $1,203,000 - $3,991,000
Avail. suites: 10
0—3.5 bd
369—1923 SqFt