Suite number:
SUITE 16 - Level 2
Project:
Address:
Toronto, Ontario
Developer:
Addington Developments
Property type:
condo
Floor plan:
Bathrooms:
2
Bedrooms:
2.5
Size:
820 sqft
Occupancy Date:
Jan 2027
Price, CAD
$1,087,900
Available
ROI
Want to own a unit? —
Investment Period: 5 years
Yearly Return on Investment in Year 5
20.45%
Cumulative Return on Investment in Year 5
94.66%
Property Price at the End of Year 5
$1,402,000
Deposit Schedule
$10,000 at Signing
Total up to 5% in 30 days
$54,395
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 | $56,000 | $60,000 | $63,000 | $66,000 | $69,000 | $73,000 | $77,000 | $81,000 | $85,000 | $89,000 | $718,000 |
| rent income | - | $12,000 | $29,000 | $30,000 | $32,000 | $33,000 | $34,000 | $36,000 | $38,000 | $39,000 | $283,000 |
| mortgage principal reduction | - | $6,000 | $14,000 | $14,000 | $15,000 | $16,000 | $17,000 | $17,000 | $18,000 | $19,000 | $136,000 |
| deposit interest | $3,000 | $2,000 | - | - | - | - | - | - | - | - | $4,000 |
| gst hst rebate | - | $24,000 | - | - | - | - | - | - | - | - | $24,000 |
| total income return | $59,000 | $102,000 | $105,000 | $111,000 | $116,000 | $122,000 | $128,000 | $134,000 | $141,000 | $147,000 | $1,165,000 |
Expense/ Investment
| Category | Y1 | Y2 | Y3 | Y4 | Y5 | Y6 | Y7 | Y8 | Y9 | Y10 | Total |
|---|---|---|---|---|---|---|---|---|---|---|---|
| deposit | $54,000 | - | - | - | - | - | - | - | - | - | $54,000 |
| remaining balance payment | - | $163,000 | - | - | - | - | - | - | - | - | $163,000 |
| closing cost | - | $77,000 | - | - | - | - | - | - | - | - | $77,000 |
| operating expense | - | $5,000 | $12,000 | $12,000 | $13,000 | $13,000 | $13,000 | $14,000 | $14,000 | $14,000 | $111,000 |
| mortgage payment | - | $23,000 | $54,000 | $54,000 | $54,000 | $54,000 | $54,000 | $54,000 | $54,000 | $54,000 | $459,000 |
| total expense investment | $54,000 | $268,000 | $67,000 | $67,000 | $67,000 | $67,000 | $68,000 | $68,000 | $68,000 | $69,000 | $864,000 |
Other
| Category | Y1 | Y2 | Y3 | Y4 | Y5 | Y6 | Y7 | Y8 | Y9 | Y10 | Total |
|---|---|---|---|---|---|---|---|---|---|---|---|
| net gain loss | $5,000 | -$165,384 | $39,000 | $44,000 | $49,000 | $54,000 | $60,000 | $66,000 | $72,000 | $79,000 | $302,000 |
| cumulative roi | $109 | $49 | $66 | $81 | $95 | $107 | $119 | $131 | $142 | $154 | $1,000 |
Addington Park Condos
Address: Toronto, Ontario
Price Range: $539,000 - $1,330,000
Avail. suites: 52
0—2.5 bd
365—895 SqFt