Suite number:
SUITE 16 - Level 2
Project:
Address:
Toronto C07, 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
21.56%
Cumulative Return on Investment in Year 5
99.67%
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
5% in 120 days
$54,395
10% on Occupancy
$108,790
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 | - | - | $26,000 | $30,000 | $31,000 | $32,000 | $34,000 | $35,000 | $37,000 | $38,000 | $263,000 |
mortgage principal reduction | - | - | $12,000 | $14,000 | $15,000 | $15,000 | $16,000 | $17,000 | $18,000 | $19,000 | $126,000 |
deposit interest | $4,000 | $6,000 | $139 | - | - | - | - | - | - | - | $10,000 |
gst hst rebate | - | - | $24,000 | - | - | - | - | - | - | - | $24,000 |
total income return | $60,000 | $65,000 | $125,000 | $110,000 | $115,000 | $121,000 | $127,000 | $133,000 | $139,000 | $146,000 | $1,141,000 |
Expense/ Investment
Category | Y1 | Y2 | Y3 | Y4 | Y5 | Y6 | Y7 | Y8 | Y9 | Y10 | Total |
---|---|---|---|---|---|---|---|---|---|---|---|
deposit | $109,000 | - | $109,000 | - | - | - | - | - | - | - | $218,000 |
remaining balance payment | - | - | - | - | - | - | - | - | - | - | - |
closing cost | - | - | $77,000 | - | - | - | - | - | - | - | $77,000 |
operating expense | - | - | $11,000 | $12,000 | $13,000 | $13,000 | $13,000 | $13,000 | $14,000 | $14,000 | $103,000 |
mortgage payment | - | - | $50,000 | $54,000 | $54,000 | $54,000 | $54,000 | $54,000 | $54,000 | $54,000 | $431,000 |
total expense investment | $109,000 | - | $247,000 | $67,000 | $67,000 | $67,000 | $68,000 | $68,000 | $68,000 | $69,000 | $829,000 |
Other
Category | Y1 | Y2 | Y3 | Y4 | Y5 | Y6 | Y7 | Y8 | Y9 | Y10 | Total |
---|---|---|---|---|---|---|---|---|---|---|---|
net gain loss | -$48,599 | $65,000 | -$121,443 | $43,000 | $48,000 | $53,000 | $59,000 | $65,000 | $71,000 | $78,000 | $312,000 |
cumulative roi | $55 | $115 | $71 | $86 | $100 | $112 | $124 | $136 | $147 | $159 | $1,000 |
Addington Park Condos
Address: Toronto C07, Ontario
Price Range: $539,000 - $1,330,000
Avail. suites: 52
0—2.5 bd
365—895 SqFt