Suite number:
Residence 04 Palatial Collection
Address:
Toronto C08, Ontario
Developer:
Pinnacle International
Property type:
condo
Floor plan:
Bathrooms:
2
Bedrooms:
2
Size:
1200 sqft
Occupancy Date:
Dec 2022
Price, CAD
$1,949,900
Available
ROI
Want to own a unit? —
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
$2,512,000
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 | $101,000 | $107,000 | $112,000 | $118,000 | $124,000 | $131,000 | $137,000 | $145,000 | $152,000 | $160,000 | $1,287,000 |
| rent income | - | - | - | - | - | - | - | - | - | - | - |
| mortgage principal reduction | $71,000 | $28,000 | $29,000 | $30,000 | $32,000 | $33,000 | $35,000 | $37,000 | $38,000 | $40,000 | $373,000 |
| deposit interest | - | - | - | - | - | - | - | - | - | - | - |
| gst hst rebate | - | - | - | - | - | - | - | - | - | - | - |
| total income return | $172,000 | $134,000 | $141,000 | $148,000 | $156,000 | $164,000 | $172,000 | $181,000 | $190,000 | $200,000 | $1,660,000 |
Expense/ Investment
| Category | Y1 | Y2 | Y3 | Y4 | Y5 | Y6 | Y7 | Y8 | Y9 | Y10 | Total |
|---|---|---|---|---|---|---|---|---|---|---|---|
| deposit | - | - | - | - | - | - | - | - | - | - | - |
| remaining balance payment | - | - | - | - | - | - | - | - | - | - | - |
| closing cost | - | - | - | - | - | - | - | - | - | - | - |
| operating expense | - | - | - | - | - | - | - | - | - | - | - |
| mortgage payment | $98,000 | $98,000 | $98,000 | $98,000 | $98,000 | $98,000 | $98,000 | $98,000 | $98,000 | $98,000 | $976,000 |
| total expense investment | $98,000 | $98,000 | $98,000 | $98,000 | $98,000 | $98,000 | $98,000 | $98,000 | $98,000 | $98,000 | $976,000 |
Other
| Category | Y1 | Y2 | Y3 | Y4 | Y5 | Y6 | Y7 | Y8 | Y9 | Y10 | Total |
|---|---|---|---|---|---|---|---|---|---|---|---|
| net gain loss | $75,000 | $37,000 | $43,000 | $51,000 | $58,000 | $66,000 | $75,000 | $84,000 | $93,000 | $103,000 | $683,000 |
| 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