Suite number:
1Q+D
Project:
Address:
Toronto C08, Ontario
Developer:
Reserve Properties
Property type:
condo
Bathrooms:
2
Bedrooms:
1.5
Size:
603 sqft
Occupancy Date:
May 2027
$1,025,900
Available
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Investment Period: 5 years
Yearly Return on Investment in Year 5
21.79%
Cumulative Return on Investment in Year 5
99.66%
Property Price at the End of Year 5
$1,322,000
Deposit Schedule
$10,000 at Signing
Total up to 2.5% in 30 days
$25,648
2.5% in 90 days
$25,648
2.5% in 730 days
$25,648
12.5% on Occupancy
$128,238
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 | $53,000 | $56,000 | $59,000 | $62,000 | $65,000 | $69,000 | $72,000 | $76,000 | $80,000 | $84,000 | $677,000 |
rent income | - | - | $12,000 | $22,000 | $23,000 | $24,000 | $25,000 | $26,000 | $27,000 | $28,000 | $185,000 |
mortgage principal reduction | - | - | $8,000 | $14,000 | $14,000 | $15,000 | $16,000 | $16,000 | $17,000 | $18,000 | $117,000 |
deposit interest | $2,000 | $3,000 | $4,000 | - | - | - | - | - | - | - | $9,000 |
gst hst rebate | - | - | $24,000 | - | - | - | - | - | - | - | $24,000 |
total income return | $55,000 | $59,000 | $107,000 | $97,000 | $102,000 | $107,000 | $112,000 | $118,000 | $124,000 | $130,000 | $1,012,000 |
Expense/ Investment
Category | Y1 | Y2 | Y3 | Y4 | Y5 | Y6 | Y7 | Y8 | Y9 | Y10 | Total |
---|---|---|---|---|---|---|---|---|---|---|---|
deposit | $51,000 | - | $154,000 | - | - | - | - | - | - | - | $205,000 |
remaining balance payment | - | - | - | - | - | - | - | - | - | - | - |
closing cost | - | - | $73,000 | - | - | - | - | - | - | - | $73,000 |
operating expense | - | - | $6,000 | $10,000 | $11,000 | $11,000 | $11,000 | $12,000 | $12,000 | $12,000 | $84,000 |
mortgage payment | - | - | $29,000 | $50,000 | $50,000 | $50,000 | $50,000 | $50,000 | $50,000 | $50,000 | $378,000 |
total expense investment | $51,000 | - | $262,000 | $60,000 | $60,000 | $61,000 | $61,000 | $61,000 | $62,000 | $62,000 | $741,000 |
Other
Category | Y1 | Y2 | Y3 | Y4 | Y5 | Y6 | Y7 | Y8 | Y9 | Y10 | Total |
---|---|---|---|---|---|---|---|---|---|---|---|
net gain loss | $4,000 | $59,000 | -$154,822 | $37,000 | $42,000 | $46,000 | $51,000 | $57,000 | $62,000 | $68,000 | $271,000 |
cumulative roi | $108 | $222 | $72 | $87 | $100 | $111 | $122 | $132 | $142 | $152 | $1,000 |
8 Elm on Yonge
Address: Toronto C08, Ontario
Price Range: $711,000 - $1,545,000
Avail. suites: 18
0—3.5 bd
292—998 SqFt