Suite number:
1109
Project:
Address:
Toronto, Ontario
Developer:
Canderel Residential Inc.
Property type:
condo
Floor plan:
Bathrooms:
2
Bedrooms:
3
Size:
820 sqft
Occupancy Date:
Jan 2025
Price, CAD
$1,329,900
Available
ROI
Want to own a unit? —
Investment Period: 5 years
Yearly Return on Investment in Year 5
43.10%
Cumulative Return on Investment in Year 5
205.37%
Property Price at the End of Year 5
$1,714,000
Deposit Schedule
$10,000 at Signing
Total up to 15% in 9999 days
$199,485
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 | $69,000 | $73,000 | $77,000 | $81,000 | $85,000 | $89,000 | $94,000 | $99,000 | $104,000 | $109,000 | $878,000 |
| rent income | $29,000 | $30,000 | $31,000 | $32,000 | $34,000 | $35,000 | $37,000 | $38,000 | $40,000 | $42,000 | $349,000 |
| mortgage principal reduction | $16,000 | $17,000 | $18,000 | $19,000 | $20,000 | $21,000 | $22,000 | $23,000 | $24,000 | $25,000 | $205,000 |
| deposit interest | - | - | - | - | - | - | - | - | - | - | - |
| gst hst rebate | $24,000 | - | - | - | - | - | - | - | - | - | $24,000 |
| total income return | $138,000 | $120,000 | $126,000 | $132,000 | $138,000 | $145,000 | $152,000 | $160,000 | $168,000 | $176,000 | $1,456,000 |
Expense/ Investment
| Category | Y1 | Y2 | Y3 | Y4 | Y5 | Y6 | Y7 | Y8 | Y9 | Y10 | Total |
|---|---|---|---|---|---|---|---|---|---|---|---|
| deposit | - | - | - | - | - | - | - | - | - | - | - |
| remaining balance payment | - | - | - | - | - | - | - | - | - | - | - |
| closing cost | - | - | - | - | - | - | - | - | - | - | - |
| operating expense | $13,000 | $14,000 | $14,000 | $14,000 | $15,000 | $15,000 | $15,000 | $16,000 | $16,000 | $16,000 | $148,000 |
| mortgage payment | $67,000 | $67,000 | $67,000 | $67,000 | $67,000 | $67,000 | $67,000 | $67,000 | $67,000 | $67,000 | $666,000 |
| total expense investment | $80,000 | $80,000 | $81,000 | $81,000 | $81,000 | $82,000 | $82,000 | $82,000 | $83,000 | $83,000 | $814,000 |
Other
| Category | Y1 | Y2 | Y3 | Y4 | Y5 | Y6 | Y7 | Y8 | Y9 | Y10 | Total |
|---|---|---|---|---|---|---|---|---|---|---|---|
| net gain loss | $58,000 | $40,000 | $45,000 | $51,000 | $57,000 | $64,000 | $71,000 | $78,000 | $85,000 | $93,000 | $641,000 |
| cumulative roi | $233 | $205 | $200 | $202 | $205 | $211 | $217 | $224 | $232 | $240 | $2,000 |
908 St. Clair
Address: Toronto, Ontario
Price Range: $903,000 - $1,630,000
Avail. suites: 10
1—3.5 bd
460—2013 SqFt