Suite number:
301
Project:
Address:
Toronto C02, Ontario
Developer:
North Drive
Property type:
condo
Floor plan:
Bathrooms:
2.5
Bedrooms:
2
Size:
2431 sqft
Occupancy Date:
Jun 2025
Price, CAD
$5,690,000
Available
ROI
Want to own a unit? —
Investment Period: 5 years
Yearly Return on Investment in Year 5
16.90%
Cumulative Return on Investment in Year 5
76.57%
Property Price at the End of Year 5
$7,330,000
Deposit Schedule
$20,000 at Signing
Total up to 5% in 30 days
$284,500
5% in 90 days
$284,500
10% on Occupancy
$569,000
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 | $295,000 | $311,000 | $327,000 | $344,000 | $362,000 | $381,000 | $401,000 | $422,000 | $444,000 | $467,000 | $3,755,000 |
| rent income | $41,000 | $73,000 | $76,000 | $79,000 | $83,000 | $86,000 | $90,000 | $94,000 | $98,000 | $102,000 | $822,000 |
| mortgage principal reduction | $41,000 | $72,000 | $76,000 | $79,000 | $83,000 | $87,000 | $92,000 | $96,000 | $101,000 | $106,000 | $832,000 |
| deposit interest | $3,000 | - | - | - | - | - | - | - | - | - | $3,000 |
| gst hst rebate | $24,000 | - | - | - | - | - | - | - | - | - | $24,000 |
| total income return | $404,000 | $456,000 | $479,000 | $503,000 | $528,000 | $555,000 | $582,000 | $612,000 | $642,000 | $674,000 | $5,437,000 |
Expense/ Investment
| Category | Y1 | Y2 | Y3 | Y4 | Y5 | Y6 | Y7 | Y8 | Y9 | Y10 | Total |
|---|---|---|---|---|---|---|---|---|---|---|---|
| deposit | $1,138,000 | - | - | - | - | - | - | - | - | - | $1,138,000 |
| remaining balance payment | - | - | - | - | - | - | - | - | - | - | - |
| closing cost | $298,000 | - | - | - | - | - | - | - | - | - | $298,000 |
| operating expense | $33,000 | $58,000 | $59,000 | $60,000 | $62,000 | $63,000 | $65,000 | $66,000 | $67,000 | $69,000 | $603,000 |
| mortgage payment | $166,000 | $285,000 | $285,000 | $285,000 | $285,000 | $285,000 | $285,000 | $285,000 | $285,000 | $285,000 | $2,731,000 |
| total expense investment | $1,636,000 | $343,000 | $344,000 | $345,000 | $347,000 | $348,000 | $349,000 | $351,000 | $352,000 | $354,000 | $4,769,000 |
Other
| Category | Y1 | Y2 | Y3 | Y4 | Y5 | Y6 | Y7 | Y8 | Y9 | Y10 | Total |
|---|---|---|---|---|---|---|---|---|---|---|---|
| net gain loss | -$1,231,267 | $113,000 | $135,000 | $158,000 | $182,000 | $207,000 | $233,000 | $261,000 | $290,000 | $321,000 | $668,000 |
| cumulative roi | $23 | $41 | $55 | $66 | $77 | $86 | $94 | $102 | $110 | $118 | $772 |
10 Prince Arthur
Address: Toronto C02, Ontario
Price Range: $5,590,000 - $6,890,000
Avail. suites: 6
2—3.5 bd
1428—9020 SqFt