Suite number:
MA2-05
Project:
Address:
Scarborough, Ontario
Developer:
95 Developments Inc
Property type:
condo
Floor plan:
Bathrooms:
2
Bedrooms:
2
Size:
786 sqft
Occupancy Date:
Jan 2025
Price, CAD
$799,990
Available
ROI
13,82%
Monthly Expenses
- condo fees— $424
- property taxes— $200
- property management— $118
- repairs and maintenance— $59
Total: $801
Want to own a unit? —
Investment Period: 5 years
Yearly Return on Investment in Year 5
18.77%
Cumulative Return on Investment in Year 5
91.99%
Property Price at the End of Year 5
$1,031,000
Deposit Schedule
$5,000 at Signing
Total up to 5% in 30 days
$40,000
Net Gain (Loss)
- Net Gain Loss
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Property Price Appreciation
- 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 | $41,000 | $44,000 | $46,000 | $48,000 | $51,000 | $54,000 | $56,000 | $59,000 | $62,000 | $66,000 | $528,000 |
| rent income | $21,000 | $24,000 | $25,000 | $26,000 | $27,000 | $28,000 | $29,000 | $31,000 | $32,000 | $33,000 | $276,000 |
| mortgage principal reduction | $9,000 | $10,000 | $11,000 | $11,000 | $12,000 | $12,000 | $13,000 | $14,000 | $14,000 | $15,000 | $122,000 |
| deposit interest | - | - | - | - | - | - | - | - | - | - | - |
| gst hst rebate | $24,000 | - | - | - | - | - | - | - | - | - | $24,000 |
| total income return | $95,000 | $78,000 | $82,000 | $86,000 | $90,000 | $94,000 | $99,000 | $104,000 | $109,000 | $114,000 | $950,000 |
Expense/ Investment
| Category | Y1 | Y2 | Y3 | Y4 | Y5 | Y6 | Y7 | Y8 | Y9 | Y10 | Total |
|---|---|---|---|---|---|---|---|---|---|---|---|
| deposit | $40,000 | - | - | - | - | - | - | - | - | - | $40,000 |
| remaining balance payment | $120,000 | - | - | - | - | - | - | - | - | - | $120,000 |
| closing cost | $53,000 | - | - | - | - | - | - | - | - | - | $53,000 |
| operating expense | $9,000 | $10,000 | $10,000 | $10,000 | $11,000 | $11,000 | $11,000 | $11,000 | $12,000 | $12,000 | $106,000 |
| mortgage payment | $37,000 | $40,000 | $40,000 | $40,000 | $40,000 | $40,000 | $40,000 | $40,000 | $40,000 | $40,000 | $397,000 |
| total expense investment | $259,000 | $50,000 | $50,000 | $50,000 | $51,000 | $51,000 | $51,000 | $51,000 | $52,000 | $52,000 | $716,000 |
Other
| Category | Y1 | Y2 | Y3 | Y4 | Y5 | Y6 | Y7 | Y8 | Y9 | Y10 | Total |
|---|---|---|---|---|---|---|---|---|---|---|---|
| net gain loss | -$163,028 | $28,000 | $32,000 | $35,000 | $39,000 | $43,000 | $48,000 | $52,000 | $57,000 | $62,000 | $233,000 |
| cumulative roi | $32 | $49 | $65 | $79 | $92 | $105 | $117 | $129 | $141 | $154 | $962 |
The Garden Series 2
Address: Scarborough, Ontario
Price Range: $500,000 - $1,045,000
Avail. suites: 9
1—4 bd
471—1226 SqFt
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80% of Original Price
Options for changing mortgage terms
The rental rate per square foot.