Suite number:
405 (Heritage Hard Loft - 2L-C)
Project:
Address:
Toronto E01, Ontario
Developer:
Graywood Developments
Property type:
condo
Floor plan:
Bathrooms:
2
Bedrooms:
2
Size:
911 sqft
Occupancy Date:
Jan 2023
Price, CAD
$1,098,900
Available
ROI
Want to own a unit? —
Investment Period: 5 years
Yearly Return on Investment in Year 5
31.99%
Cumulative Return on Investment in Year 5
155.18%
Property Price at the End of Year 5
$1,416,000
Deposit Schedule
$5,000 at Signing
Total up to 5% in 10 days
$54,945
Net Gain (Loss)
Get Expert Advice
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 | $57,000 | $60,000 | $63,000 | $67,000 | $70,000 | $74,000 | $77,000 | $81,000 | $86,000 | $90,000 | $725,000 |
rent income | - | - | - | - | - | - | - | - | - | - | - |
mortgage principal reduction | $43,000 | $16,000 | $16,000 | $17,000 | $18,000 | $19,000 | $20,000 | $21,000 | $22,000 | $23,000 | $214,000 |
deposit interest | - | - | - | - | - | - | - | - | - | - | - |
gst hst rebate | - | - | - | - | - | - | - | - | - | - | - |
total income return | $100,000 | $76,000 | $80,000 | $84,000 | $88,000 | $93,000 | $97,000 | $102,000 | $108,000 | $113,000 | $940,000 |
Expense/ Investment
Category | Y1 | Y2 | Y3 | Y4 | Y5 | Y6 | Y7 | Y8 | Y9 | Y10 | Total |
---|---|---|---|---|---|---|---|---|---|---|---|
deposit | - | - | - | - | - | - | - | - | - | - | - |
remaining balance payment | - | - | - | - | - | - | - | - | - | - | - |
closing cost | - | - | - | - | - | - | - | - | - | - | - |
operating expense | - | - | - | - | - | - | - | - | - | - | - |
mortgage payment | $55,000 | $55,000 | $55,000 | $55,000 | $55,000 | $55,000 | $55,000 | $55,000 | $55,000 | $55,000 | $550,000 |
total expense investment | $55,000 | $55,000 | $55,000 | $55,000 | $55,000 | $55,000 | $55,000 | $55,000 | $55,000 | $55,000 | $550,000 |
Other
Category | Y1 | Y2 | Y3 | Y4 | Y5 | Y6 | Y7 | Y8 | Y9 | Y10 | Total |
---|---|---|---|---|---|---|---|---|---|---|---|
net gain loss | $45,000 | $21,000 | $25,000 | $29,000 | $33,000 | $38,000 | $42,000 | $47,000 | $52,000 | $58,000 | $389,000 |
cumulative roi | $181 | $160 | $155 | $154 | $155 | $157 | $160 | $163 | $167 | $171 | $2,000 |
Wonder Condos
Address: Toronto E01, Ontario
Price Range: $1,000,000 - $1,136,000
Avail. suites: 4
1—3.5 bd
516—1687 SqFt