Suite number:
B23
Project:
Address:
Toronto W02, Ontario
Developer:
Sierra Communities
Property type:
condo
Bathrooms:
1
Bedrooms:
1.5
Size:
470 sqft
Occupancy Date:
May 2026
$640,900
Available
Want to own a unit? —
Investment Period: 5 years
Yearly Return on Investment in Year 5
19.92%
Cumulative Return on Investment in Year 5
97.43%
Property Price at the End of Year 5
$826,000
Deposit Schedule
$10,000 at Signing
Total up to 5% in 0 days
$32,045
5% in 30 days
$32,045
5% in 180 days
$32,045
5% on Occupancy
$32,045
Net Gain (Loss)
Get Expert Advice
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 | $33,000 | $35,000 | $37,000 | $39,000 | $41,000 | $43,000 | $45,000 | $48,000 | $50,000 | $53,000 | $423,000 |
rent income | - | $8,000 | $17,000 | $18,000 | $18,000 | $19,000 | $20,000 | $21,000 | $22,000 | $23,000 | $165,000 |
mortgage principal reduction | - | $4,000 | $8,000 | $9,000 | $9,000 | $10,000 | $10,000 | $11,000 | $11,000 | $12,000 | $84,000 |
deposit interest | $2,000 | $3,000 | - | - | - | - | - | - | - | - | $5,000 |
gst hst rebate | - | $24,000 | - | - | - | - | - | - | - | - | $24,000 |
total income return | $36,000 | $74,000 | $62,000 | $65,000 | $68,000 | $72,000 | $75,000 | $79,000 | $83,000 | $87,000 | $701,000 |
Expense/ Investment
Category | Y1 | Y2 | Y3 | Y4 | Y5 | Y6 | Y7 | Y8 | Y9 | Y10 | Total |
---|---|---|---|---|---|---|---|---|---|---|---|
deposit | $64,000 | $64,000 | - | - | - | - | - | - | - | - | $128,000 |
remaining balance payment | - | - | - | - | - | - | - | - | - | - | - |
closing cost | - | $58,000 | - | - | - | - | - | - | - | - | $58,000 |
operating expense | - | $3,000 | $7,000 | $7,000 | $7,000 | $8,000 | $8,000 | $8,000 | $8,000 | $9,000 | $65,000 |
mortgage payment | - | $16,000 | $31,000 | $31,000 | $31,000 | $31,000 | $31,000 | $31,000 | $31,000 | $31,000 | $265,000 |
total expense investment | $64,000 | $141,000 | $38,000 | $38,000 | $39,000 | $39,000 | $39,000 | $39,000 | $39,000 | $40,000 | $516,000 |
Other
Category | Y1 | Y2 | Y3 | Y4 | Y5 | Y6 | Y7 | Y8 | Y9 | Y10 | Total |
---|---|---|---|---|---|---|---|---|---|---|---|
net gain loss | -$28,457 | -$66,208 | $24,000 | $27,000 | $30,000 | $33,000 | $36,000 | $40,000 | $43,000 | $47,000 | $186,000 |
cumulative roi | $56 | $54 | $70 | $84 | $97 | $110 | $122 | $133 | $145 | $156 | $1,000 |
Motto Condos
Address: Toronto W02, Ontario
Price Range: $490,000 - $1,411,000
Avail. suites: 19
1—3.5 bd
362—1361 SqFt