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
20.03%
Cumulative Return on Investment in Year 5
93.28%
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 | - | $19,000 | $29,000 | $31,000 | $32,000 | $33,000 | $35,000 | $36,000 | $38,000 | $40,000 | $293,000 |
| mortgage principal reduction | - | $9,000 | $14,000 | $15,000 | $15,000 | $16,000 | $17,000 | $18,000 | $18,000 | $19,000 | $141,000 |
| deposit interest | $3,000 | $777 | - | - | - | - | - | - | - | - | $3,000 |
| gst hst rebate | - | $24,000 | - | - | - | - | - | - | - | - | $24,000 |
| total income return | $59,000 | $112,000 | $106,000 | $111,000 | $117,000 | $122,000 | $128,000 | $135,000 | $141,000 | $148,000 | $1,179,000 |
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 | - | $8,000 | $12,000 | $12,000 | $13,000 | $13,000 | $13,000 | $14,000 | $14,000 | $14,000 | $114,000 |
| mortgage payment | - | $36,000 | $54,000 | $54,000 | $54,000 | $54,000 | $54,000 | $54,000 | $54,000 | $54,000 | $472,000 |
| total expense investment | $54,000 | $284,000 | $67,000 | $67,000 | $67,000 | $68,000 | $68,000 | $68,000 | $69,000 | $69,000 | $881,000 |
Other
| Category | Y1 | Y2 | Y3 | Y4 | Y5 | Y6 | Y7 | Y8 | Y9 | Y10 | Total |
|---|---|---|---|---|---|---|---|---|---|---|---|
| net gain loss | $5,000 | -$172,232 | $39,000 | $44,000 | $49,000 | $55,000 | $60,000 | $66,000 | $73,000 | $79,000 | $299,000 |
| cumulative roi | $109 | $49 | $65 | $80 | $93 | $106 | $118 | $129 | $141 | $153 | $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