Suite number:
3C
Project:
Address:
Toronto C03, Ontario
Developer:
Blackdoor Development Company
Property type:
condo
Floor plan:
Bathrooms:
2
Bedrooms:
1.5
Size:
1487 sqft
Occupancy Date:
Jan 2025
Price, CAD
$2,379,900
Available
ROI
Want to own a unit? —
Investment Period: 5 years
Yearly Return on Investment in Year 5
17.53%
Cumulative Return on Investment in Year 5
81.51%
Property Price at the End of Year 5
$3,066,000
Deposit Schedule
$30,000 at Signing
Total up to 15% in 9999 days
$356,985
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 | $123,000 | $130,000 | $137,000 | $144,000 | $152,000 | $159,000 | $168,000 | $176,000 | $186,000 | $195,000 | $1,571,000 |
rent income | $48,000 | $54,000 | $56,000 | $59,000 | $61,000 | $64,000 | $67,000 | $69,000 | $72,000 | $76,000 | $626,000 |
mortgage principal reduction | $27,000 | $31,000 | $32,000 | $34,000 | $35,000 | $37,000 | $39,000 | $41,000 | $43,000 | $45,000 | $363,000 |
deposit interest | - | - | - | - | - | - | - | - | - | - | - |
gst hst rebate | $24,000 | - | - | - | - | - | - | - | - | - | $24,000 |
total income return | $222,000 | $215,000 | $225,000 | $237,000 | $248,000 | $260,000 | $273,000 | $287,000 | $301,000 | $316,000 | $2,584,000 |
Expense/ Investment
Category | Y1 | Y2 | Y3 | Y4 | Y5 | Y6 | Y7 | Y8 | Y9 | Y10 | Total |
---|---|---|---|---|---|---|---|---|---|---|---|
deposit | $357,000 | - | - | - | - | - | - | - | - | - | $357,000 |
remaining balance payment | $119,000 | - | - | - | - | - | - | - | - | - | $119,000 |
closing cost | $132,000 | - | - | - | - | - | - | - | - | - | $132,000 |
operating expense | $28,000 | $31,000 | $32,000 | $33,000 | $33,000 | $34,000 | $35,000 | $36,000 | $37,000 | $37,000 | $337,000 |
mortgage payment | $109,000 | $119,000 | $119,000 | $119,000 | $119,000 | $119,000 | $119,000 | $119,000 | $119,000 | $119,000 | $1,182,000 |
total expense investment | $746,000 | $151,000 | $151,000 | $152,000 | $153,000 | $153,000 | $154,000 | $155,000 | $156,000 | $157,000 | $2,127,000 |
Other
Category | Y1 | Y2 | Y3 | Y4 | Y5 | Y6 | Y7 | Y8 | Y9 | Y10 | Total |
---|---|---|---|---|---|---|---|---|---|---|---|
net gain loss | -$523,932 | $64,000 | $74,000 | $85,000 | $95,000 | $107,000 | $119,000 | $132,000 | $145,000 | $159,000 | $456,000 |
cumulative roi | $25 | $43 | $57 | $70 | $82 | $92 | $102 | $112 | $122 | $131 | $836 |
The Rhodes
Address: Toronto C03, Ontario
Price Range: $1,370,000 - $5,170,000
Avail. suites: 13
1.5—3.5 bd
998—2915 SqFt