Suite number:
2404B - 1B - 02
Project:
Address:
Toronto, Ontario
Developer:
Almadev
Property type:
condo
Floor plan:
Bathrooms:
2
Bedrooms:
1.5
Size:
526 sqft
Occupancy Date:
Jan 2024
Price, CAD
$549,900
Available
ROI
Want to own a unit? —
Investment Period: 5 years
Yearly Return on Investment in Year 5
31.91%
Cumulative Return on Investment in Year 5
153.51%
Property Price at the End of Year 5
$709,000
Deposit Schedule
$10,000 at Signing
Total up to 5% in 9999 days
$27,495
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 | $29,000 | $30,000 | $32,000 | $33,000 | $35,000 | $37,000 | $39,000 | $41,000 | $43,000 | $45,000 | $363,000 |
| rent income | - | - | - | - | - | - | - | - | - | - | - |
| mortgage principal reduction | $19,000 | $8,000 | $8,000 | $9,000 | $9,000 | $9,000 | $10,000 | $10,000 | $11,000 | $11,000 | $104,000 |
| deposit interest | - | - | - | - | - | - | - | - | - | - | - |
| gst hst rebate | - | - | - | - | - | - | - | - | - | - | - |
| total income return | $48,000 | $38,000 | $40,000 | $42,000 | $44,000 | $46,000 | $49,000 | $51,000 | $54,000 | $56,000 | $467,000 |
Expense/ Investment
| Category | Y1 | Y2 | Y3 | Y4 | Y5 | Y6 | Y7 | Y8 | Y9 | Y10 | Total |
|---|---|---|---|---|---|---|---|---|---|---|---|
| deposit | - | - | - | - | - | - | - | - | - | - | - |
| remaining balance payment | - | - | - | - | - | - | - | - | - | - | - |
| closing cost | - | - | - | - | - | - | - | - | - | - | - |
| operating expense | - | - | - | - | - | - | - | - | - | - | - |
| mortgage payment | $28,000 | $28,000 | $28,000 | $28,000 | $28,000 | $28,000 | $28,000 | $28,000 | $28,000 | $28,000 | $275,000 |
| total expense investment | $28,000 | $28,000 | $28,000 | $28,000 | $28,000 | $28,000 | $28,000 | $28,000 | $28,000 | $28,000 | $275,000 |
Other
| Category | Y1 | Y2 | Y3 | Y4 | Y5 | Y6 | Y7 | Y8 | Y9 | Y10 | Total |
|---|---|---|---|---|---|---|---|---|---|---|---|
| net gain loss | $21,000 | $10,000 | $12,000 | $14,000 | $16,000 | $19,000 | $21,000 | $24,000 | $26,000 | $29,000 | $192,000 |
| cumulative roi | $175 | $156 | $152 | $152 | $154 | $156 | $159 | $162 | $166 | $170 | $2,000 |
Galleria 02
Address: Toronto, Ontario
Price Range: $450,000 - $1,030,000
Avail. suites: 9
1—3.5 bd
449—1500 SqFt