Suite number:
E13
Project:
Address:
Toronto, Ontario
Developer:
Sierra Communities
Property type:
condo
Floor plan:
Bathrooms:
2
Bedrooms:
2.5
Size:
813 sqft
Occupancy Date:
May 2026
Price, CAD
$1,023,900
Available
ROI
Want to own a unit? —
Investment Period: 5 years
Yearly Return on Investment in Year 5
19.61%
Cumulative Return on Investment in Year 5
92.82%
Property Price at the End of Year 5
$1,319,000
Deposit Schedule
$10,000 at Signing
Total up to 5% in 30 days
$51,195
5% in 180 days
$51,195
5% on Occupancy
$51,195
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 | $53,000 | $56,000 | $59,000 | $62,000 | $65,000 | $69,000 | $72,000 | $76,000 | $80,000 | $84,000 | $676,000 |
rent income | $2,000 | $28,000 | $30,000 | $31,000 | $32,000 | $34,000 | $35,000 | $37,000 | $38,000 | $40,000 | $308,000 |
mortgage principal reduction | $1,000 | $13,000 | $13,000 | $14,000 | $15,000 | $15,000 | $16,000 | $17,000 | $18,000 | $19,000 | $140,000 |
deposit interest | $3,000 | - | - | - | - | - | - | - | - | - | $3,000 |
gst hst rebate | - | $24,000 | - | - | - | - | - | - | - | - | $24,000 |
total income return | $60,000 | $121,000 | $102,000 | $107,000 | $112,000 | $118,000 | $123,000 | $129,000 | $136,000 | $142,000 | $1,151,000 |
Expense/ Investment
Category | Y1 | Y2 | Y3 | Y4 | Y5 | Y6 | Y7 | Y8 | Y9 | Y10 | Total |
---|---|---|---|---|---|---|---|---|---|---|---|
deposit | $154,000 | - | - | - | - | - | - | - | - | - | $154,000 |
remaining balance payment | $51,000 | - | - | - | - | - | - | - | - | - | $51,000 |
closing cost | $74,000 | - | - | - | - | - | - | - | - | - | $74,000 |
operating expense | $955 | $11,000 | $12,000 | $12,000 | $12,000 | $13,000 | $13,000 | $13,000 | $14,000 | $14,000 | $115,000 |
mortgage payment | $4,000 | $51,000 | $51,000 | $51,000 | $51,000 | $51,000 | $51,000 | $51,000 | $51,000 | $51,000 | $466,000 |
total expense investment | $284,000 | $63,000 | $63,000 | $63,000 | $64,000 | $64,000 | $64,000 | $64,000 | $65,000 | $65,000 | $860,000 |
Other
Category | Y1 | Y2 | Y3 | Y4 | Y5 | Y6 | Y7 | Y8 | Y9 | Y10 | Total |
---|---|---|---|---|---|---|---|---|---|---|---|
net gain loss | -$224,770 | $58,000 | $39,000 | $44,000 | $49,000 | $54,000 | $59,000 | $65,000 | $71,000 | $77,000 | $291,000 |
cumulative roi | $21 | $48 | $65 | $79 | $93 | $106 | $118 | $130 | $142 | $154 | $956 |
Motto Condos
Address: Toronto, Ontario
Price Range: $490,000 - $1,411,000
Avail. suites: 18
1—3.5 bd
362—1361 SqFt