Suite number:
B-651
Project:
Address:
Toronto, Ontario
Developer:
Equiton Developments
Property type:
condo
Floor plan:
Bathrooms:
1
Bedrooms:
1
Size:
651 sqft
Occupancy Date:
Oct 2027
Price, CAD
$794,900
Available
ROI
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Investment Period: 5 years
Yearly Return on Investment in Year 5
19.40%
Cumulative Return on Investment in Year 5
91.25%
Property Price at the End of Year 5
$1,024,000
Deposit Schedule
$5,000 at Signing
Total up to 10% in 360 days
$79,490
2.5% in 540 days
$19,873
2.5% on Occupancy
$19,873
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 | $41,000 | $43,000 | $46,000 | $48,000 | $51,000 | $53,000 | $56,000 | $59,000 | $62,000 | $65,000 | $525,000 |
| rent income | - | - | $15,000 | $16,000 | $16,000 | $17,000 | $18,000 | $19,000 | $20,000 | $20,000 | $141,000 |
| mortgage principal reduction | - | - | $10,000 | $10,000 | $11,000 | $11,000 | $12,000 | $12,000 | $13,000 | $14,000 | $93,000 |
| deposit interest | $302 | $4,000 | - | - | - | - | - | - | - | - | $5,000 |
| gst hst rebate | - | - | $24,000 | - | - | - | - | - | - | - | $24,000 |
| total income return | $42,000 | $48,000 | $95,000 | $74,000 | $78,000 | $82,000 | $86,000 | $90,000 | $95,000 | $99,000 | $788,000 |
Expense/ Investment
| Category | Y1 | Y2 | Y3 | Y4 | Y5 | Y6 | Y7 | Y8 | Y9 | Y10 | Total |
|---|---|---|---|---|---|---|---|---|---|---|---|
| deposit | $79,000 | $40,000 | - | - | - | - | - | - | - | - | $119,000 |
| remaining balance payment | - | $40,000 | - | - | - | - | - | - | - | - | $40,000 |
| closing cost | - | $65,000 | - | - | - | - | - | - | - | - | $65,000 |
| operating expense | - | - | $9,000 | $9,000 | $10,000 | $10,000 | $10,000 | $10,000 | $10,000 | $11,000 | $79,000 |
| mortgage payment | - | - | $40,000 | $40,000 | $40,000 | $40,000 | $40,000 | $40,000 | $40,000 | $40,000 | $318,000 |
| total expense investment | $79,000 | $145,000 | $49,000 | $49,000 | $49,000 | $50,000 | $50,000 | $50,000 | $50,000 | $50,000 | $621,000 |
Other
| Category | Y1 | Y2 | Y3 | Y4 | Y5 | Y6 | Y7 | Y8 | Y9 | Y10 | Total |
|---|---|---|---|---|---|---|---|---|---|---|---|
| net gain loss | -$37,971 | -$96,781 | $46,000 | $25,000 | $29,000 | $32,000 | $36,000 | $40,000 | $44,000 | $49,000 | $166,000 |
| cumulative roi | $52 | $41 | $68 | $80 | $91 | $101 | $111 | $120 | $128 | $137 | $928 |
Maxium Condos
Address: Toronto, Ontario
Price Range: $400,000 - $1,450,000
Avail. suites: 46
0—3.5 bd
337—1156 SqFt