Suite number:
Residence 01 Palatial Collection 1873 Sqft Floor 39
Address:
Toronto C08, Ontario
Developer:
Pinnacle International
Property type:
condo
Bathrooms:
3
Bedrooms:
3.5
Size:
1873 sqft
Occupancy Date:
Dec 2022
Price, CAD
$3,084,900
Available
ROI
Want to own a unit? —
Investment Period: 5 years
Yearly Return on Investment in Year 5
33.08%
Cumulative Return on Investment in Year 5
160.04%
Property Price at the End of Year 5
$3,974,000
Deposit Schedule
$5,000 at Signing
Net Gain (Loss)
Get Expert Advice
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 | $118,000 | $45,000 | $47,000 | $49,000 | $52,000 | $54,000 | $57,000 | $59,000 | $62,000 | $65,000 | $608,000 |
| deposit interest | - | - | - | - | - | - | - | - | - | - | - |
| gst hst rebate | - | - | - | - | - | - | - | - | - | - | - |
| total income return | $278,000 | $214,000 | $225,000 | $236,000 | $248,000 | $261,000 | $274,000 | $288,000 | $303,000 | $318,000 | $2,644,000 |
Expense/ Investment
| Category | Y1 | Y2 | Y3 | Y4 | Y5 | Y6 | Y7 | Y8 | Y9 | Y10 | Total |
|---|---|---|---|---|---|---|---|---|---|---|---|
| deposit | - | - | - | - | - | - | - | - | - | - | - |
| remaining balance payment | - | - | - | - | - | - | - | - | - | - | - |
| closing cost | - | - | - | - | - | - | - | - | - | - | - |
| operating expense | - | - | - | - | - | - | - | - | - | - | - |
| mortgage payment | $150,000 | $150,000 | $150,000 | $150,000 | $150,000 | $150,000 | $150,000 | $150,000 | $150,000 | $150,000 | $1,501,000 |
| total expense investment | $150,000 | $150,000 | $150,000 | $150,000 | $150,000 | $150,000 | $150,000 | $150,000 | $150,000 | $150,000 | $1,501,000 |
Other
| Category | Y1 | Y2 | Y3 | Y4 | Y5 | Y6 | Y7 | Y8 | Y9 | Y10 | Total |
|---|---|---|---|---|---|---|---|---|---|---|---|
| net gain loss | $128,000 | $64,000 | $75,000 | $86,000 | $98,000 | $111,000 | $124,000 | $138,000 | $152,000 | $168,000 | $1,143,000 |
| cumulative roi | $185 | $164 | $159 | $159 | $160 | $162 | $165 | $169 | $172 | $176 | $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