Suite number:
1807
Project:
Address:
Toronto C10, Ontario
Developer:
Tribute Communities
Property type:
condo
Bathrooms:
2
Bedrooms:
2
Size:
871 sqft
Occupancy Date:
Dec 2024
$1,349,000
Available
Want to own a unit? —
Investment Period: 5 years
Yearly Return on Investment in Year 5
17.68%
Cumulative Return on Investment in Year 5
83.96%
Property Price at the End of Year 5
$1,738,000
Deposit Schedule
$5 at Signing
Total up to 11% in 10269 days
$148,390
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 | $70,000 | $74,000 | $78,000 | $82,000 | $86,000 | $90,000 | $95,000 | $100,000 | $105,000 | $111,000 | $890,000 |
rent income | $23,000 | $26,000 | $28,000 | $29,000 | $30,000 | $31,000 | $33,000 | $34,000 | $36,000 | $37,000 | $307,000 |
mortgage principal reduction | $16,000 | $18,000 | $19,000 | $20,000 | $21,000 | $22,000 | $23,000 | $24,000 | $25,000 | $26,000 | $213,000 |
deposit interest | - | - | - | - | - | - | - | - | - | - | - |
gst hst rebate | $24,000 | - | - | - | - | - | - | - | - | - | $24,000 |
total income return | $133,000 | $118,000 | $124,000 | $130,000 | $137,000 | $143,000 | $150,000 | $158,000 | $166,000 | $174,000 | $1,434,000 |
Expense/ Investment
Category | Y1 | Y2 | Y3 | Y4 | Y5 | Y6 | Y7 | Y8 | Y9 | Y10 | Total |
---|---|---|---|---|---|---|---|---|---|---|---|
deposit | $148,000 | - | - | - | - | - | - | - | - | - | $148,000 |
remaining balance payment | $121,000 | - | - | - | - | - | - | - | - | - | $121,000 |
closing cost | $86,000 | - | - | - | - | - | - | - | - | - | $86,000 |
operating expense | $12,000 | $13,000 | $13,000 | $14,000 | $14,000 | $15,000 | $15,000 | $16,000 | $16,000 | $17,000 | $144,000 |
mortgage payment | $60,000 | $66,000 | $66,000 | $66,000 | $66,000 | $66,000 | $66,000 | $66,000 | $66,000 | $66,000 | $651,000 |
total expense investment | $427,000 | $79,000 | $79,000 | $79,000 | $80,000 | $80,000 | $81,000 | $81,000 | $82,000 | $82,000 | $1,150,000 |
Other
Category | Y1 | Y2 | Y3 | Y4 | Y5 | Y6 | Y7 | Y8 | Y9 | Y10 | Total |
---|---|---|---|---|---|---|---|---|---|---|---|
net gain loss | -$294,147 | $40,000 | $45,000 | $51,000 | $57,000 | $63,000 | $70,000 | $77,000 | $84,000 | $92,000 | $284,000 |
cumulative roi | $27 | $45 | $59 | $72 | $84 | $95 | $105 | $115 | $125 | $134 | $862 |
Y&S Condos
Address: Toronto C10, Ontario
Price Range: $1,182,000 - $1,999,000
Avail. suites: 10
2—3 bd
782—1224 SqFt