Suite number:
1906 - 1F+D
Project:
Address:
Toronto C08, Ontario
Developer:
Graywood Developments
Property type:
condo
Bathrooms:
1
Bedrooms:
1.5
Size:
560 sqft
Occupancy Date:
May 2025
$859,900
Available
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Investment Period: 5 years
Yearly Return on Investment in Year 5
17.81%
Cumulative Return on Investment in Year 5
86.04%
Property Price at the End of Year 5
$1,108,000
Deposit Schedule
$5,000 at Signing
Total up to 2.5% in 30 days
$21,498
2.5% in 90 days
$21,498
10% on Occupancy
$85,990
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 | $45,000 | $47,000 | $49,000 | $52,000 | $55,000 | $58,000 | $61,000 | $64,000 | $67,000 | $71,000 | $567,000 |
rent income | $11,000 | $20,000 | $21,000 | $22,000 | $23,000 | $24,000 | $25,000 | $26,000 | $27,000 | $28,000 | $226,000 |
mortgage principal reduction | $6,000 | $11,000 | $11,000 | $12,000 | $13,000 | $13,000 | $14,000 | $15,000 | $15,000 | $16,000 | $126,000 |
deposit interest | $237 | - | - | - | - | - | - | - | - | - | $237 |
gst hst rebate | $24,000 | - | - | - | - | - | - | - | - | - | $24,000 |
total income return | $86,000 | $78,000 | $82,000 | $86,000 | $90,000 | $95,000 | $99,000 | $104,000 | $109,000 | $115,000 | $944,000 |
Expense/ Investment
Category | Y1 | Y2 | Y3 | Y4 | Y5 | Y6 | Y7 | Y8 | Y9 | Y10 | Total |
---|---|---|---|---|---|---|---|---|---|---|---|
deposit | $129,000 | - | - | - | - | - | - | - | - | - | $129,000 |
remaining balance payment | $43,000 | - | - | - | - | - | - | - | - | - | $43,000 |
closing cost | $68,000 | - | - | - | - | - | - | - | - | - | $68,000 |
operating expense | $5,000 | $9,000 | $9,000 | $9,000 | $9,000 | $9,000 | $10,000 | $10,000 | $10,000 | $10,000 | $90,000 |
mortgage payment | $25,000 | $43,000 | $43,000 | $43,000 | $43,000 | $43,000 | $43,000 | $43,000 | $43,000 | $43,000 | $413,000 |
total expense investment | $270,000 | $52,000 | $52,000 | $52,000 | $52,000 | $53,000 | $53,000 | $53,000 | $53,000 | $53,000 | $743,000 |
Other
Category | Y1 | Y2 | Y3 | Y4 | Y5 | Y6 | Y7 | Y8 | Y9 | Y10 | Total |
---|---|---|---|---|---|---|---|---|---|---|---|
net gain loss | -$183,538 | $26,000 | $30,000 | $34,000 | $38,000 | $42,000 | $46,000 | $51,000 | $56,000 | $61,000 | $201,000 |
cumulative roi | $29 | $46 | $61 | $74 | $86 | $97 | $108 | $119 | $129 | $140 | $890 |
The Goode Condos
Address: Toronto C08, Ontario
Price Range: $478,000 - $1,780,000
Avail. suites: 22
0—15 bd
263—1179 SqFt