Suite number:
205 - 2D-T
Project:
Address:
Toronto C08, Ontario
Developer:
Graywood Developments
Property type:
condo
Floor plan:
Bathrooms:
2
Bedrooms:
2
Size:
621 sqft
Occupancy Date:
May 2025
Price, CAD
$899,900
Available
ROI
Want to own a unit? —
Investment Period: 5 years
Yearly Return on Investment in Year 5
17.27%
Cumulative Return on Investment in Year 5
83.29%
Property Price at the End of Year 5
$1,159,000
Deposit Schedule
$5,000 at Signing
Total up to 2.5% in 30 days
$22,498
2.5% in 90 days
$22,498
10% on Occupancy
$89,990
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 | $47,000 | $49,000 | $52,000 | $54,000 | $57,000 | $60,000 | $63,000 | $67,000 | $70,000 | $74,000 | $594,000 |
| rent income | $12,000 | $19,000 | $19,000 | $20,000 | $21,000 | $22,000 | $23,000 | $24,000 | $25,000 | $26,000 | $212,000 |
| mortgage principal reduction | $7,000 | $11,000 | $12,000 | $13,000 | $13,000 | $14,000 | $15,000 | $15,000 | $16,000 | $17,000 | $133,000 |
| deposit interest | $32 | - | - | - | - | - | - | - | - | - | $32 |
| gst hst rebate | $24,000 | - | - | - | - | - | - | - | - | - | $24,000 |
| total income return | $90,000 | $79,000 | $83,000 | $87,000 | $92,000 | $96,000 | $101,000 | $106,000 | $111,000 | $117,000 | $963,000 |
Expense/ Investment
| Category | Y1 | Y2 | Y3 | Y4 | Y5 | Y6 | Y7 | Y8 | Y9 | Y10 | Total |
|---|---|---|---|---|---|---|---|---|---|---|---|
| deposit | $135,000 | - | - | - | - | - | - | - | - | - | $135,000 |
| remaining balance payment | $45,000 | - | - | - | - | - | - | - | - | - | $45,000 |
| closing cost | $69,000 | - | - | - | - | - | - | - | - | - | $69,000 |
| operating expense | $6,000 | $9,000 | $9,000 | $9,000 | $10,000 | $10,000 | $10,000 | $10,000 | $11,000 | $11,000 | $95,000 |
| mortgage payment | $30,000 | $45,000 | $45,000 | $45,000 | $45,000 | $45,000 | $45,000 | $45,000 | $45,000 | $45,000 | $436,000 |
| total expense investment | $285,000 | $54,000 | $54,000 | $55,000 | $55,000 | $55,000 | $55,000 | $55,000 | $56,000 | $56,000 | $780,000 |
Other
| Category | Y1 | Y2 | Y3 | Y4 | Y5 | Y6 | Y7 | Y8 | Y9 | Y10 | Total |
|---|---|---|---|---|---|---|---|---|---|---|---|
| net gain loss | -$195,268 | $25,000 | $29,000 | $33,000 | $37,000 | $41,000 | $46,000 | $51,000 | $56,000 | $61,000 | $183,000 |
| cumulative roi | $29 | $45 | $59 | $72 | $83 | $94 | $104 | $114 | $123 | $133 | $857 |
The Goode Condos
Address: Toronto C08, Ontario
Price Range: $478,000 - $1,780,000
Avail. suites: 22
0—15 bd
263—1179 SqFt