Suite number:
D4
Project:
Address:
Toronto C08, Ontario
Developer:
Concert Properties
Property type:
condo
Bathrooms:
2
Bedrooms:
2
Size:
966 sqft
Occupancy Date:
Jan 2025
Price, CAD
$1,138,900
Available
ROI
Want to own a unit? —
Investment Period: 5 years
Yearly Return on Investment in Year 5
18.46%
Cumulative Return on Investment in Year 5
88.21%
Property Price at the End of Year 5
$1,467,000
Deposit Schedule
$5,000 at Signing
Total up to 5% in 30 days
$56,945
10% on Occupancy
$113,890
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 | $59,000 | $62,000 | $66,000 | $69,000 | $73,000 | $76,000 | $80,000 | $84,000 | $89,000 | $93,000 | $752,000 |
| rent income | $24,000 | $29,000 | $31,000 | $32,000 | $33,000 | $35,000 | $36,000 | $38,000 | $39,000 | $41,000 | $337,000 |
| mortgage principal reduction | $12,000 | $15,000 | $16,000 | $17,000 | $17,000 | $18,000 | $19,000 | $20,000 | $21,000 | $22,000 | $178,000 |
| deposit interest | $27 | - | - | - | - | - | - | - | - | - | $27 |
| gst hst rebate | $24,000 | - | - | - | - | - | - | - | - | - | $24,000 |
| total income return | $119,000 | $107,000 | $112,000 | $117,000 | $123,000 | $129,000 | $135,000 | $142,000 | $149,000 | $156,000 | $1,290,000 |
Expense/ Investment
| Category | Y1 | Y2 | Y3 | Y4 | Y5 | Y6 | Y7 | Y8 | Y9 | Y10 | Total |
|---|---|---|---|---|---|---|---|---|---|---|---|
| deposit | $171,000 | - | - | - | - | - | - | - | - | - | $171,000 |
| remaining balance payment | $57,000 | - | - | - | - | - | - | - | - | - | $57,000 |
| closing cost | $78,000 | - | - | - | - | - | - | - | - | - | $78,000 |
| operating expense | $11,000 | $13,000 | $14,000 | $14,000 | $15,000 | $15,000 | $15,000 | $16,000 | $16,000 | $17,000 | $146,000 |
| mortgage payment | $46,000 | $55,000 | $55,000 | $55,000 | $55,000 | $55,000 | $55,000 | $55,000 | $55,000 | $55,000 | $545,000 |
| total expense investment | $362,000 | $69,000 | $69,000 | $69,000 | $70,000 | $70,000 | $71,000 | $71,000 | $72,000 | $72,000 | $996,000 |
Other
| Category | Y1 | Y2 | Y3 | Y4 | Y5 | Y6 | Y7 | Y8 | Y9 | Y10 | Total |
|---|---|---|---|---|---|---|---|---|---|---|---|
| net gain loss | -$243,341 | $38,000 | $43,000 | $48,000 | $53,000 | $59,000 | $65,000 | $71,000 | $77,000 | $84,000 | $295,000 |
| cumulative roi | $28 | $46 | $62 | $75 | $88 | $100 | $112 | $123 | $134 | $145 | $915 |
Burke Condos
Address: Toronto C08, Ontario
Price Range: $1,133,000 - $2,072,000
Avail. suites: 7
1—3.5 bd
530—2091 SqFt