Suite number:
203
Project:
Address:
Toronto E02, Ontario
Developer:
Condoman Developments Inc.
Property type:
condo
Bathrooms:
2.5
Bedrooms:
2.5
Size:
1982 sqft
Occupancy Date:
Jan 2024
Status
This property is sold
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Investment Period: 5 years
Yearly Return on Investment in Year 5
32.78%
Cumulative Return on Investment in Year 5
153.14%
Property Price at the End of Year 5
$2,553,000
Deposit Schedule
$5,000 at Signing
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 | $103,000 | $108,000 | $114,000 | $120,000 | $126,000 | $133,000 | $140,000 | $147,000 | $155,000 | $163,000 | $1,308,000 |
| rent income | - | - | - | - | - | - | - | - | - | - | - |
| mortgage principal reduction | $48,000 | $28,000 | $29,000 | $30,000 | $32,000 | $33,000 | $35,000 | $36,000 | $38,000 | $40,000 | $349,000 |
| deposit interest | - | - | - | - | - | - | - | - | - | - | - |
| gst hst rebate | - | - | - | - | - | - | - | - | - | - | - |
| total income return | $151,000 | $136,000 | $143,000 | $150,000 | $158,000 | $166,000 | $174,000 | $183,000 | $193,000 | $202,000 | $1,657,000 |
Expense/ Investment
| Category | Y1 | Y2 | Y3 | Y4 | Y5 | Y6 | Y7 | Y8 | Y9 | Y10 | Total |
|---|---|---|---|---|---|---|---|---|---|---|---|
| deposit | - | - | - | - | - | - | - | - | - | - | - |
| remaining balance payment | - | - | - | - | - | - | - | - | - | - | - |
| closing cost | - | - | - | - | - | - | - | - | - | - | - |
| operating expense | - | - | - | - | - | - | - | - | - | - | - |
| mortgage payment | $96,000 | $96,000 | $96,000 | $96,000 | $96,000 | $96,000 | $96,000 | $96,000 | $96,000 | $96,000 | $964,000 |
| total expense investment | $96,000 | $96,000 | $96,000 | $96,000 | $96,000 | $96,000 | $96,000 | $96,000 | $96,000 | $96,000 | $964,000 |
Other
| Category | Y1 | Y2 | Y3 | Y4 | Y5 | Y6 | Y7 | Y8 | Y9 | Y10 | Total |
|---|---|---|---|---|---|---|---|---|---|---|---|
| net gain loss | $54,000 | $40,000 | $47,000 | $54,000 | $62,000 | $70,000 | $78,000 | $87,000 | $96,000 | $106,000 | $693,000 |
| cumulative roi | $156 | $149 | $149 | $150 | $153 | $156 | $160 | $164 | $168 | $172 | $2,000 |
The View Beach Residences
Address: Toronto E02, Ontario
Price Range: $1,272,000 - $1,272,000
Avail. suites: 4
2—3 bd
715—2600 SqFt