Suite number:
6A
Project:
Address:
Toronto C03, Ontario
Developer:
Blackdoor Development Company
Property type:
condo
Floor plan:
Bathrooms:
3
Bedrooms:
2.5
Size:
2887 sqft
Occupancy Date:
Jan 2025
Price, CAD
$4,909,900
Available
ROI
Want to own a unit? —
Investment Period: 5 years
Yearly Return on Investment in Year 5
17.50%
Cumulative Return on Investment in Year 5
80.18%
Property Price at the End of Year 5
$6,325,000
Deposit Schedule
$30,000 at Signing
Total up to 15% in 9999 days
$736,485
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 | $255,000 | $269,000 | $283,000 | $297,000 | $313,000 | $329,000 | $346,000 | $364,000 | $383,000 | $403,000 | $3,240,000 |
| rent income | $92,000 | $105,000 | $109,000 | $114,000 | $119,000 | $124,000 | $129,000 | $135,000 | $141,000 | $147,000 | $1,215,000 |
| mortgage principal reduction | $55,000 | $63,000 | $66,000 | $70,000 | $73,000 | $77,000 | $80,000 | $84,000 | $88,000 | $92,000 | $749,000 |
| deposit interest | - | - | - | - | - | - | - | - | - | - | - |
| gst hst rebate | $24,000 | - | - | - | - | - | - | - | - | - | $24,000 |
| total income return | $426,000 | $437,000 | $458,000 | $481,000 | $505,000 | $529,000 | $556,000 | $583,000 | $612,000 | $642,000 | $5,229,000 |
Expense/ Investment
| Category | Y1 | Y2 | Y3 | Y4 | Y5 | Y6 | Y7 | Y8 | Y9 | Y10 | Total |
|---|---|---|---|---|---|---|---|---|---|---|---|
| deposit | $736,000 | - | - | - | - | - | - | - | - | - | $736,000 |
| remaining balance payment | $245,000 | - | - | - | - | - | - | - | - | - | $245,000 |
| closing cost | $259,000 | - | - | - | - | - | - | - | - | - | $259,000 |
| operating expense | $55,000 | $62,000 | $63,000 | $64,000 | $66,000 | $67,000 | $69,000 | $71,000 | $72,000 | $74,000 | $663,000 |
| mortgage payment | $225,000 | $246,000 | $246,000 | $246,000 | $246,000 | $246,000 | $246,000 | $246,000 | $246,000 | $246,000 | $2,438,000 |
| total expense investment | $1,522,000 | $308,000 | $309,000 | $310,000 | $312,000 | $313,000 | $315,000 | $316,000 | $318,000 | $320,000 | $4,343,000 |
Other
| Category | Y1 | Y2 | Y3 | Y4 | Y5 | Y6 | Y7 | Y8 | Y9 | Y10 | Total |
|---|---|---|---|---|---|---|---|---|---|---|---|
| net gain loss | -$1,095,285 | $129,000 | $149,000 | $170,000 | $193,000 | $216,000 | $241,000 | $267,000 | $294,000 | $322,000 | $886,000 |
| cumulative roi | $24 | $41 | $56 | $69 | $80 | $91 | $101 | $110 | $120 | $129 | $820 |
The Rhodes
Address: Toronto C03, Ontario
Price Range: $1,370,000 - $5,170,000
Avail. suites: 13
1.5—3.5 bd
998—2915 SqFt