Suite number:
Concerto
Project:
Address:
Toronto C09, Ontario
Developer:
Menkes Developments Ltd.
Property type:
condo
Floor plan:
Bathrooms:
2
Bedrooms:
2
Size:
771 sqft
Occupancy Date:
Mar 2025
Price, CAD
$1,238,990
Available
ROI
Want to own a unit? —
Investment Period: 5 years
Yearly Return on Investment in Year 5
16.71%
Cumulative Return on Investment in Year 5
79.66%
Property Price at the End of Year 5
$1,596,000
Deposit Schedule
$10,000 at Signing
Total up to 5% in 30 days
$61,950
10% on Occupancy
$123,899
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 | $64,000 | $68,000 | $71,000 | $75,000 | $79,000 | $83,000 | $87,000 | $92,000 | $97,000 | $102,000 | $818,000 |
| rent income | $21,000 | $23,000 | $24,000 | $25,000 | $27,000 | $28,000 | $29,000 | $30,000 | $31,000 | $33,000 | $272,000 |
| mortgage principal reduction | $14,000 | $16,000 | $17,000 | $18,000 | $18,000 | $19,000 | $20,000 | $21,000 | $22,000 | $23,000 | $189,000 |
| deposit interest | - | - | - | - | - | - | - | - | - | - | - |
| gst hst rebate | $24,000 | - | - | - | - | - | - | - | - | - | $24,000 |
| total income return | $123,000 | $107,000 | $112,000 | $118,000 | $124,000 | $130,000 | $136,000 | $143,000 | $150,000 | $158,000 | $1,303,000 |
Expense/ Investment
| Category | Y1 | Y2 | Y3 | Y4 | Y5 | Y6 | Y7 | Y8 | Y9 | Y10 | Total |
|---|---|---|---|---|---|---|---|---|---|---|---|
| deposit | $186,000 | - | - | - | - | - | - | - | - | - | $186,000 |
| remaining balance payment | $62,000 | - | - | - | - | - | - | - | - | - | $62,000 |
| closing cost | $83,000 | - | - | - | - | - | - | - | - | - | $83,000 |
| operating expense | $13,000 | $14,000 | $15,000 | $15,000 | $15,000 | $16,000 | $16,000 | $16,000 | $17,000 | $17,000 | $153,000 |
| mortgage payment | $57,000 | $62,000 | $62,000 | $62,000 | $62,000 | $62,000 | $62,000 | $62,000 | $62,000 | $62,000 | $615,000 |
| total expense investment | $400,000 | $76,000 | $77,000 | $77,000 | $77,000 | $78,000 | $78,000 | $78,000 | $79,000 | $79,000 | $1,099,000 |
Other
| Category | Y1 | Y2 | Y3 | Y4 | Y5 | Y6 | Y7 | Y8 | Y9 | Y10 | Total |
|---|---|---|---|---|---|---|---|---|---|---|---|
| net gain loss | -$277,553 | $31,000 | $36,000 | $41,000 | $47,000 | $52,000 | $59,000 | $65,000 | $72,000 | $79,000 | $204,000 |
| cumulative roi | $27 | $43 | $57 | $69 | $80 | $90 | $99 | $108 | $117 | $125 | $815 |
Adagio Condos
Address: Toronto C09, Ontario
Price Range: $688,000 - $1,860,000
Avail. suites: 15
0—3 bd
372—993 SqFt