Suite number:
Residence 01 Palatial Collection 1873 Sqft Floor 39
Address:
Toronto C08, Ontario
Developer:
Pinnacle International
Property type:
condo
Floor plan:
Bathrooms:
3
Bedrooms:
3.5
Size:
1873 sqft
Occupancy Date:
Dec 2022
Price, CAD
$3,084,900
Available
ROI
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Investment Period: 5 years
Yearly Return on Investment in Year 5
31.93%
Cumulative Return on Investment in Year 5
153.99%
Property Price at the End of Year 5
$3,974,000
Deposit Schedule
$5,000 at Signing
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 | $160,000 | $169,000 | $178,000 | $187,000 | $196,000 | $207,000 | $217,000 | $229,000 | $241,000 | $253,000 | $2,036,000 |
| rent income | - | - | - | - | - | - | - | - | - | - | - |
| mortgage principal reduction | $113,000 | $44,000 | $46,000 | $48,000 | $50,000 | $53,000 | $55,000 | $58,000 | $61,000 | $64,000 | $590,000 |
| deposit interest | - | - | - | - | - | - | - | - | - | - | - |
| gst hst rebate | - | - | - | - | - | - | - | - | - | - | - |
| total income return | $273,000 | $212,000 | $223,000 | $235,000 | $247,000 | $259,000 | $273,000 | $287,000 | $301,000 | $317,000 | $2,626,000 |
Expense/ Investment
| Category | Y1 | Y2 | Y3 | Y4 | Y5 | Y6 | Y7 | Y8 | Y9 | Y10 | Total |
|---|---|---|---|---|---|---|---|---|---|---|---|
| deposit | - | - | - | - | - | - | - | - | - | - | - |
| remaining balance payment | - | - | - | - | - | - | - | - | - | - | - |
| closing cost | - | - | - | - | - | - | - | - | - | - | - |
| operating expense | - | - | - | - | - | - | - | - | - | - | - |
| mortgage payment | $154,000 | $154,000 | $154,000 | $154,000 | $154,000 | $154,000 | $154,000 | $154,000 | $154,000 | $154,000 | $1,545,000 |
| total expense investment | $154,000 | $154,000 | $154,000 | $154,000 | $154,000 | $154,000 | $154,000 | $154,000 | $154,000 | $154,000 | $1,545,000 |
Other
| Category | Y1 | Y2 | Y3 | Y4 | Y5 | Y6 | Y7 | Y8 | Y9 | Y10 | Total |
|---|---|---|---|---|---|---|---|---|---|---|---|
| net gain loss | $118,000 | $58,000 | $69,000 | $80,000 | $92,000 | $105,000 | $118,000 | $132,000 | $147,000 | $162,000 | $1,081,000 |
| cumulative roi | $177 | $157 | $153 | $153 | $154 | $156 | $159 | $162 | $166 | $170 | $2,000 |
The Prestige Condos at Pinnacle One Yonge
Address: Toronto C08, Ontario
Price Range: $921,000 - $3,185,000
Avail. suites: 10
1—3.5 bd
508—1873 SqFt