Suite number:
414 (Prestige Collection)
Project:
Address:
Toronto, Ontario
Developer:
Gairloch
Property type:
condo
Floor plan:
Bathrooms:
2.5
Bedrooms:
3
Size:
1240 sqft
Occupancy Date:
Dec 2026
Price, CAD
$1,699,900
Available
ROI
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Investment Period: 5 years
Yearly Return on Investment in Year 5
20.63%
Cumulative Return on Investment in Year 5
94.33%
Property Price at the End of Year 5
$2,190,000
Deposit Schedule
$10,000 at Signing
Total up to 5% in 30 days
$84,995
5% in 240 days
$84,995
5% in 299 days
$84,995
5% on Occupancy
$84,995
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 | $88,000 | $93,000 | $98,000 | $103,000 | $108,000 | $114,000 | $120,000 | $126,000 | $133,000 | $139,000 | $1,122,000 |
rent income | - | $25,000 | $44,000 | $46,000 | $48,000 | $50,000 | $53,000 | $55,000 | $57,000 | $60,000 | $439,000 |
mortgage principal reduction | - | $12,000 | $22,000 | $23,000 | $24,000 | $25,000 | $26,000 | $27,000 | $29,000 | $30,000 | $217,000 |
deposit interest | $5,000 | $5,000 | - | - | - | - | - | - | - | - | $9,000 |
gst hst rebate | - | $24,000 | - | - | - | - | - | - | - | - | $24,000 |
total income return | $93,000 | $159,000 | $164,000 | $172,000 | $180,000 | $189,000 | $198,000 | $208,000 | $218,000 | $229,000 | $1,811,000 |
Expense/ Investment
Category | Y1 | Y2 | Y3 | Y4 | Y5 | Y6 | Y7 | Y8 | Y9 | Y10 | Total |
---|---|---|---|---|---|---|---|---|---|---|---|
deposit | $255,000 | $85,000 | - | - | - | - | - | - | - | - | $340,000 |
remaining balance payment | - | - | - | - | - | - | - | - | - | - | - |
closing cost | - | $101,000 | - | - | - | - | - | - | - | - | $101,000 |
operating expense | - | $11,000 | $20,000 | $20,000 | $21,000 | $21,000 | $22,000 | $22,000 | $23,000 | $23,000 | $182,000 |
mortgage payment | - | $50,000 | $85,000 | $85,000 | $85,000 | $85,000 | $85,000 | $85,000 | $85,000 | $85,000 | $731,000 |
total expense investment | $255,000 | $247,000 | $105,000 | $105,000 | $106,000 | $106,000 | $107,000 | $107,000 | $108,000 | $108,000 | $1,354,000 |
Other
Category | Y1 | Y2 | Y3 | Y4 | Y5 | Y6 | Y7 | Y8 | Y9 | Y10 | Total |
---|---|---|---|---|---|---|---|---|---|---|---|
net gain loss | -$162,329 | -$88,376 | $59,000 | $67,000 | $75,000 | $83,000 | $92,000 | $101,000 | $111,000 | $121,000 | $457,000 |
cumulative roi | $36 | $49 | $66 | $81 | $94 | $107 | $118 | $130 | $141 | $152 | $975 |
Craft Residences
Address: Toronto, Ontario
Price Range: $800,000 - $1,930,000
Avail. suites: 17
0—3.5 bd
411—1301 SqFt