Suite number:
2BE
Project:
Address:
Toronto W08, Ontario
Developer:
Mattamy Homes Canada
Property type:
condo
Bathrooms:
2
Bedrooms:
2
Size:
687 sqft
Occupancy Date:
Dec 2028
Price, CAD
$739,990
Available
ROI
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Investment Period: 5 years
Yearly Return on Investment in Year 5
37.70%
Cumulative Return on Investment in Year 5
121.73%
Property Price at the End of Year 5
$953,000
Deposit Schedule
$5,000 at Signing
Total up to 5% in 30 days
$37,000
2.5% in 210 days
$18,500
2.5% in 600 days
$18,500
10% on Occupancy
$73,999
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 | $38,000 | $40,000 | $43,000 | $45,000 | $47,000 | $50,000 | $52,000 | $55,000 | $58,000 | $61,000 | $488,000 |
| rent income | - | - | - | - | $18,000 | $21,000 | $22,000 | $23,000 | $24,000 | $25,000 | $132,000 |
| mortgage principal reduction | - | - | - | - | $10,000 | $11,000 | $11,000 | $12,000 | $12,000 | $13,000 | $68,000 |
| deposit interest | $2,000 | $4,000 | $4,000 | $4,000 | $242 | - | - | - | - | - | $14,000 |
| gst hst rebate | - | - | - | - | $24,000 | - | - | - | - | - | $24,000 |
| total income return | $41,000 | $45,000 | $46,000 | $49,000 | $99,000 | $81,000 | $85,000 | $89,000 | $94,000 | $98,000 | $727,000 |
Expense/ Investment
| Category | Y1 | Y2 | Y3 | Y4 | Y5 | Y6 | Y7 | Y8 | Y9 | Y10 | Total |
|---|---|---|---|---|---|---|---|---|---|---|---|
| deposit | $55,000 | $18,000 | - | - | $74,000 | - | - | - | - | - | $148,000 |
| remaining balance payment | - | - | - | - | - | - | - | - | - | - | - |
| closing cost | - | - | - | - | $62,000 | - | - | - | - | - | $62,000 |
| operating expense | - | - | - | - | $9,000 | $10,000 | $10,000 | $10,000 | $11,000 | $11,000 | $61,000 |
| mortgage payment | - | - | - | - | $31,000 | $34,000 | $34,000 | $34,000 | $34,000 | $34,000 | $201,000 |
| total expense investment | $55,000 | $18,000 | - | - | $175,000 | $44,000 | $44,000 | $44,000 | $45,000 | $45,000 | $471,000 |
Other
| Category | Y1 | Y2 | Y3 | Y4 | Y5 | Y6 | Y7 | Y8 | Y9 | Y10 | Total |
|---|---|---|---|---|---|---|---|---|---|---|---|
| net gain loss | -$14,944 | $26,000 | $46,000 | $49,000 | -$76,034 | $38,000 | $41,000 | $45,000 | $49,000 | $53,000 | $256,000 |
| cumulative roi | $73 | $115 | $178 | $244 | $122 | $135 | $148 | $161 | $173 | $184 | $2,000 |
The Clove
Address: Toronto W08, Ontario
Price Range: $441,000 - $1,007,000
Avail. suites: 15
0—3.5 bd
373—1003 SqFt