Suite number:
Strength 902
Project:
Address:
Toronto, Ontario
Developer:
The Sher Corporation
Property type:
condo
Floor plan:
Bathrooms:
2
Bedrooms:
3
Size:
1674 sqft
Occupancy Date:
Mar 2025
Price, CAD
$1,759,900
Available
ROI
Want to own a unit? —
Investment Period: 5 years
Yearly Return on Investment in Year 5
26.39%
Cumulative Return on Investment in Year 5
123.58%
Property Price at the End of Year 5
$2,268,000
Deposit Schedule
$5,000 at Signing
Total up to 5% in 30 days
$87,995
5% on Occupancy
$87,995
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 | $92,000 | $96,000 | $101,000 | $107,000 | $112,000 | $118,000 | $124,000 | $130,000 | $137,000 | $144,000 | $1,162,000 |
| rent income | $49,000 | $61,000 | $63,000 | $66,000 | $69,000 | $72,000 | $75,000 | $78,000 | $81,000 | $85,000 | $697,000 |
| mortgage principal reduction | $18,000 | $23,000 | $24,000 | $25,000 | $26,000 | $27,000 | $29,000 | $30,000 | $31,000 | $33,000 | $266,000 |
| deposit interest | $21 | - | - | - | - | - | - | - | - | - | $21 |
| gst hst rebate | $24,000 | - | - | - | - | - | - | - | - | - | $24,000 |
| total income return | $182,000 | $179,000 | $188,000 | $197,000 | $207,000 | $217,000 | $227,000 | $238,000 | $250,000 | $262,000 | $2,149,000 |
Expense/ Investment
| Category | Y1 | Y2 | Y3 | Y4 | Y5 | Y6 | Y7 | Y8 | Y9 | Y10 | Total |
|---|---|---|---|---|---|---|---|---|---|---|---|
| deposit | $5,000 | - | - | - | - | - | - | - | - | - | $5,000 |
| remaining balance payment | $176,000 | - | - | - | - | - | - | - | - | - | $176,000 |
| closing cost | $104,000 | - | - | - | - | - | - | - | - | - | $104,000 |
| operating expense | $20,000 | $25,000 | $26,000 | $26,000 | $27,000 | $27,000 | $28,000 | $29,000 | $29,000 | $30,000 | $268,000 |
| mortgage payment | $73,000 | $88,000 | $88,000 | $88,000 | $88,000 | $88,000 | $88,000 | $88,000 | $88,000 | $88,000 | $867,000 |
| total expense investment | $379,000 | $113,000 | $114,000 | $114,000 | $115,000 | $116,000 | $116,000 | $117,000 | $118,000 | $118,000 | $1,420,000 |
Other
| Category | Y1 | Y2 | Y3 | Y4 | Y5 | Y6 | Y7 | Y8 | Y9 | Y10 | Total |
|---|---|---|---|---|---|---|---|---|---|---|---|
| net gain loss | -$196,469 | $66,000 | $74,000 | $83,000 | $92,000 | $101,000 | $111,000 | $122,000 | $132,000 | $144,000 | $729,000 |
| cumulative roi | $41 | $67 | $88 | $107 | $124 | $140 | $155 | $171 | $186 | $202 | $1,000 |
Warehouse Lofts
Address: Toronto, Ontario
Price Range: $1,435,000 - $1,970,000
Avail. suites: 7
2—3 bd
1366—1674 SqFt