Suite number:
712
Project:
Address:
Toronto, Ontario
Developer:
Canderel Residential Inc.
Property type:
condo
Floor plan:
Bathrooms:
2
Bedrooms:
3
Size:
1064 sqft
Occupancy Date:
Jan 2025
Price, CAD
$1,629,900
Available
ROI
Want to own a unit? —
Investment Period: 5 years
Yearly Return on Investment in Year 5
44.23%
Cumulative Return on Investment in Year 5
208.88%
Property Price at the End of Year 5
$2,100,000
Deposit Schedule
$10,000 at Signing
Total up to 15% in 9999 days
$244,485
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 | $85,000 | $89,000 | $94,000 | $99,000 | $104,000 | $109,000 | $115,000 | $121,000 | $127,000 | $134,000 | $1,076,000 |
| rent income | $37,000 | $39,000 | $40,000 | $42,000 | $44,000 | $46,000 | $48,000 | $50,000 | $52,000 | $54,000 | $452,000 |
| mortgage principal reduction | $20,000 | $21,000 | $22,000 | $23,000 | $24,000 | $26,000 | $27,000 | $28,000 | $29,000 | $31,000 | $251,000 |
| deposit interest | - | - | - | - | - | - | - | - | - | - | - |
| gst hst rebate | $24,000 | - | - | - | - | - | - | - | - | - | $24,000 |
| total income return | $166,000 | $149,000 | $156,000 | $164,000 | $172,000 | $181,000 | $189,000 | $199,000 | $209,000 | $219,000 | $1,804,000 |
Expense/ Investment
| Category | Y1 | Y2 | Y3 | Y4 | Y5 | Y6 | Y7 | Y8 | Y9 | Y10 | Total |
|---|---|---|---|---|---|---|---|---|---|---|---|
| deposit | - | - | - | - | - | - | - | - | - | - | - |
| remaining balance payment | - | - | - | - | - | - | - | - | - | - | - |
| closing cost | - | - | - | - | - | - | - | - | - | - | - |
| operating expense | $17,000 | $17,000 | $18,000 | $18,000 | $19,000 | $19,000 | $20,000 | $20,000 | $20,000 | $21,000 | $189,000 |
| mortgage payment | $82,000 | $82,000 | $82,000 | $82,000 | $82,000 | $82,000 | $82,000 | $82,000 | $82,000 | $82,000 | $816,000 |
| total expense investment | $99,000 | $99,000 | $99,000 | $100,000 | $100,000 | $101,000 | $101,000 | $102,000 | $102,000 | $103,000 | $1,005,000 |
Other
| Category | Y1 | Y2 | Y3 | Y4 | Y5 | Y6 | Y7 | Y8 | Y9 | Y10 | Total |
|---|---|---|---|---|---|---|---|---|---|---|---|
| net gain loss | $67,000 | $50,000 | $57,000 | $64,000 | $72,000 | $80,000 | $88,000 | $97,000 | $106,000 | $116,000 | $798,000 |
| cumulative roi | $229 | $205 | $202 | $204 | $209 | $215 | $222 | $229 | $238 | $247 | $2,000 |
908 St. Clair
Address: Toronto, Ontario
Price Range: $903,000 - $1,630,000
Avail. suites: 10
1—3.5 bd
460—2013 SqFt