Suite number:
1103
Project:
Address:
Toronto C15, Ontario
Developer:
Originate Developments
Property type:
condo
Floor plan:
Bathrooms:
2.5
Bedrooms:
3
Size:
1117 sqft
Occupancy Date:
Mar 2025
Price, CAD
$1,829,000
Available
ROI
Want to own a unit? —
Investment Period: 5 years
Yearly Return on Investment in Year 5
18.24%
Cumulative Return on Investment in Year 5
84.81%
Property Price at the End of Year 5
$2,356,000
Deposit Schedule
$10,000 at Signing
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 | $95,000 | $100,000 | $105,000 | $111,000 | $116,000 | $123,000 | $129,000 | $136,000 | $143,000 | $150,000 | $1,207,000 |
| rent income | $26,000 | $40,000 | $42,000 | $44,000 | $46,000 | $47,000 | $50,000 | $52,000 | $54,000 | $56,000 | $456,000 |
| mortgage principal reduction | $15,000 | $23,000 | $24,000 | $26,000 | $27,000 | $28,000 | $30,000 | $31,000 | $32,000 | $34,000 | $270,000 |
| deposit interest | $158 | - | - | - | - | - | - | - | - | - | $158 |
| gst hst rebate | $24,000 | - | - | - | - | - | - | - | - | - | $24,000 |
| total income return | $160,000 | $163,000 | $172,000 | $180,000 | $189,000 | $198,000 | $208,000 | $218,000 | $229,000 | $240,000 | $1,957,000 |
Expense/ Investment
| Category | Y1 | Y2 | Y3 | Y4 | Y5 | Y6 | Y7 | Y8 | Y9 | Y10 | Total |
|---|---|---|---|---|---|---|---|---|---|---|---|
| deposit | $10,000 | - | - | - | - | - | - | - | - | - | $10,000 |
| remaining balance payment | $356,000 | - | - | - | - | - | - | - | - | - | $356,000 |
| closing cost | $107,000 | - | - | - | - | - | - | - | - | - | $107,000 |
| operating expense | $12,000 | $19,000 | $19,000 | $20,000 | $20,000 | $20,000 | $21,000 | $21,000 | $22,000 | $22,000 | $196,000 |
| mortgage payment | $61,000 | $92,000 | $92,000 | $92,000 | $92,000 | $92,000 | $92,000 | $92,000 | $92,000 | $92,000 | $885,000 |
| total expense investment | $546,000 | $110,000 | $111,000 | $111,000 | $112,000 | $112,000 | $112,000 | $113,000 | $113,000 | $114,000 | $1,554,000 |
Other
| Category | Y1 | Y2 | Y3 | Y4 | Y5 | Y6 | Y7 | Y8 | Y9 | Y10 | Total |
|---|---|---|---|---|---|---|---|---|---|---|---|
| net gain loss | -$385,777 | $53,000 | $61,000 | $69,000 | $77,000 | $86,000 | $95,000 | $105,000 | $116,000 | $126,000 | $403,000 |
| cumulative roi | $26 | $44 | $59 | $73 | $85 | $96 | $107 | $117 | $127 | $137 | $872 |
Six99
Address: Toronto C15, Ontario
Price Range: $635,000 - $1,998,000
Avail. suites: 22
1—3 bd
389—1198 SqFt