Suite number:
825 sq. ft.
Project:
Address:
Toronto C08, Ontario
Developer:
Minto Communities
Property type:
condo
Bathrooms:
2
Bedrooms:
2
Size:
825 sqft
Occupancy Date:
Dec 2024
$1,399,900
Available
Want to own a unit? —
Investment Period: 5 years
Yearly Return on Investment in Year 5
17.36%
Cumulative Return on Investment in Year 5
82.29%
Property Price at the End of Year 5
$1,803,000
Deposit Schedule
$10,000 at Signing
Total up to $70,000 in 10029 days
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 | $73,000 | $77,000 | $81,000 | $85,000 | $89,000 | $94,000 | $99,000 | $104,000 | $109,000 | $115,000 | $924,000 |
rent income | $22,000 | $25,000 | $26,000 | $27,000 | $28,000 | $30,000 | $31,000 | $32,000 | $34,000 | $35,000 | $291,000 |
mortgage principal reduction | $17,000 | $19,000 | $20,000 | $21,000 | $22,000 | $23,000 | $24,000 | $25,000 | $26,000 | $27,000 | $221,000 |
deposit interest | - | - | - | - | - | - | - | - | - | - | - |
gst hst rebate | $24,000 | - | - | - | - | - | - | - | - | - | $24,000 |
total income return | $135,000 | $120,000 | $126,000 | $133,000 | $139,000 | $146,000 | $153,000 | $161,000 | $169,000 | $177,000 | $1,459,000 |
Expense/ Investment
Category | Y1 | Y2 | Y3 | Y4 | Y5 | Y6 | Y7 | Y8 | Y9 | Y10 | Total |
---|---|---|---|---|---|---|---|---|---|---|---|
deposit | $70,000 | - | - | - | - | - | - | - | - | - | $70,000 |
remaining balance payment | $210,000 | - | - | - | - | - | - | - | - | - | $210,000 |
closing cost | $88,000 | - | - | - | - | - | - | - | - | - | $88,000 |
operating expense | $12,000 | $14,000 | $14,000 | $14,000 | $15,000 | $15,000 | $16,000 | $16,000 | $17,000 | $17,000 | $150,000 |
mortgage payment | $62,000 | $68,000 | $68,000 | $68,000 | $68,000 | $68,000 | $68,000 | $68,000 | $68,000 | $68,000 | $675,000 |
total expense investment | $442,000 | $82,000 | $82,000 | $82,000 | $83,000 | $83,000 | $84,000 | $84,000 | $85,000 | $85,000 | $1,194,000 |
Other
Category | Y1 | Y2 | Y3 | Y4 | Y5 | Y6 | Y7 | Y8 | Y9 | Y10 | Total |
---|---|---|---|---|---|---|---|---|---|---|---|
net gain loss | -$307,170 | $39,000 | $44,000 | $50,000 | $56,000 | $63,000 | $69,000 | $76,000 | $84,000 | $92,000 | $266,000 |
cumulative roi | $27 | $44 | $58 | $71 | $82 | $93 | $103 | $112 | $121 | $130 | $842 |
The Saint
Address: Toronto C08, Ontario
Price Range: $1,160,000 - $1,400,000
Avail. suites: 9
0—3 bd
380—1014 SqFt