Suite number:
The Basie
Project:
Address:
Toronto, Ontario
Developer:
The Sher Corporation
Property type:
condo
Floor plan:
Bathrooms:
2
Bedrooms:
2.5
Size:
811 sqft
Occupancy Date:
Mar 2025
Price, CAD
$1,129,990
Available
ROI
Want to own a unit? —
Investment Period: 5 years
Yearly Return on Investment in Year 5
23.64%
Cumulative Return on Investment in Year 5
113.73%
Property Price at the End of Year 5
$1,456,000
Deposit Schedule
$5,000 at Signing
Total up to 5% in -287 days
$56,500
5% in -196 days
$56,500
5% on Occupancy
$56,500
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 | $59,000 | $62,000 | $65,000 | $68,000 | $72,000 | $76,000 | $80,000 | $84,000 | $88,000 | $93,000 | $746,000 |
| rent income | $24,000 | $29,000 | $31,000 | $32,000 | $33,000 | $35,000 | $36,000 | $38,000 | $39,000 | $41,000 | $338,000 |
| mortgage principal reduction | $12,000 | $15,000 | $15,000 | $16,000 | $17,000 | $18,000 | $18,000 | $19,000 | $20,000 | $21,000 | $171,000 |
| deposit interest | $3,000 | - | - | - | - | - | - | - | - | - | $3,000 |
| gst hst rebate | $24,000 | - | - | - | - | - | - | - | - | - | $24,000 |
| total income return | $121,000 | $106,000 | $111,000 | $116,000 | $122,000 | $128,000 | $134,000 | $141,000 | $148,000 | $155,000 | $1,281,000 |
Expense/ Investment
| Category | Y1 | Y2 | Y3 | Y4 | Y5 | Y6 | Y7 | Y8 | Y9 | Y10 | Total |
|---|---|---|---|---|---|---|---|---|---|---|---|
| deposit | $56,000 | - | - | - | - | - | - | - | - | - | $56,000 |
| remaining balance payment | $56,000 | - | - | - | - | - | - | - | - | - | $56,000 |
| closing cost | $79,000 | - | - | - | - | - | - | - | - | - | $79,000 |
| operating expense | $11,000 | $13,000 | $13,000 | $14,000 | $14,000 | $14,000 | $15,000 | $15,000 | $15,000 | $16,000 | $140,000 |
| mortgage payment | $47,000 | $57,000 | $57,000 | $57,000 | $57,000 | $57,000 | $57,000 | $57,000 | $57,000 | $57,000 | $556,000 |
| total expense investment | $249,000 | $70,000 | $70,000 | $70,000 | $71,000 | $71,000 | $71,000 | $72,000 | $72,000 | $72,000 | $888,000 |
Other
| Category | Y1 | Y2 | Y3 | Y4 | Y5 | Y6 | Y7 | Y8 | Y9 | Y10 | Total |
|---|---|---|---|---|---|---|---|---|---|---|---|
| net gain loss | -$128,871 | $36,000 | $41,000 | $46,000 | $51,000 | $57,000 | $63,000 | $69,000 | $76,000 | $83,000 | $393,000 |
| cumulative roi | $44 | $67 | $85 | $100 | $114 | $126 | $138 | $150 | $162 | $173 | $1,000 |
UOVO Boutique Residences
Address: Toronto, Ontario
Price Range: $1,000,000 - $4,000,000
Avail. suites: 19
1.5—3.5 bd
733—1996 SqFt