Suite number:
T-05 North Tower
Project:
Address:
Toronto C10, Ontario
Developer:
Reserve Properties
Property type:
condo
Bathrooms:
2
Bedrooms:
2
Size:
628 sqft
Occupancy Date:
Mar 2025
$973,900
Available
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Investment Period: 5 years
Yearly Return on Investment in Year 5
17.55%
Cumulative Return on Investment in Year 5
84.40%
Property Price at the End of Year 5
$1,255,000
Deposit Schedule
$5,000 at Signing
Total up to 2.5% in 30 days
$24,348
12.5% on Occupancy
$121,738
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 | $50,000 | $53,000 | $56,000 | $59,000 | $62,000 | $65,000 | $69,000 | $72,000 | $76,000 | $80,000 | $643,000 |
rent income | $14,000 | $19,000 | $20,000 | $21,000 | $22,000 | $22,000 | $23,000 | $24,000 | $25,000 | $27,000 | $217,000 |
mortgage principal reduction | $9,000 | $13,000 | $14,000 | $14,000 | $15,000 | $16,000 | $16,000 | $17,000 | $18,000 | $19,000 | $150,000 |
deposit interest | $1 | - | - | - | - | - | - | - | - | - | $1 |
gst hst rebate | $24,000 | - | - | - | - | - | - | - | - | - | $24,000 |
total income return | $98,000 | $85,000 | $89,000 | $94,000 | $98,000 | $103,000 | $108,000 | $114,000 | $119,000 | $125,000 | $1,034,000 |
Expense/ Investment
Category | Y1 | Y2 | Y3 | Y4 | Y5 | Y6 | Y7 | Y8 | Y9 | Y10 | Total |
---|---|---|---|---|---|---|---|---|---|---|---|
deposit | $146,000 | - | - | - | - | - | - | - | - | - | $146,000 |
remaining balance payment | $49,000 | - | - | - | - | - | - | - | - | - | $49,000 |
closing cost | $71,000 | - | - | - | - | - | - | - | - | - | $71,000 |
operating expense | $7,000 | $9,000 | $9,000 | $10,000 | $10,000 | $10,000 | $11,000 | $11,000 | $11,000 | $12,000 | $101,000 |
mortgage payment | $36,000 | $47,000 | $47,000 | $47,000 | $47,000 | $47,000 | $47,000 | $47,000 | $47,000 | $47,000 | $462,000 |
total expense investment | $308,000 | $57,000 | $57,000 | $57,000 | $57,000 | $58,000 | $58,000 | $58,000 | $59,000 | $59,000 | $828,000 |
Other
Category | Y1 | Y2 | Y3 | Y4 | Y5 | Y6 | Y7 | Y8 | Y9 | Y10 | Total |
---|---|---|---|---|---|---|---|---|---|---|---|
net gain loss | -$210,306 | $29,000 | $33,000 | $37,000 | $41,000 | $45,000 | $50,000 | $55,000 | $60,000 | $66,000 | $206,000 |
cumulative roi | $29 | $46 | $60 | $73 | $84 | $95 | $105 | $115 | $125 | $134 | $867 |
Line 5 Condos
Address: Toronto C10, Ontario
Price Range: $600,000 - $980,000
Avail. suites: 18
0—3 bd
291—1656 SqFt