Suite number:
2012 - 1I-B
Project:
Address:
Toronto C08, Ontario
Developer:
Graywood Developments
Property type:
condo
Floor plan:
Bathrooms:
1
Bedrooms:
1
Size:
567 sqft
Occupancy Date:
May 2025
$752,900
Available
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Investment Period: 5 years
Yearly Return on Investment in Year 5
16.62%
Cumulative Return on Investment in Year 5
81.10%
Property Price at the End of Year 5
$970,000
Deposit Schedule
$5,000 at Signing
Total up to 2.5% in 30 days
$18,823
2.5% in 90 days
$18,823
10% on Occupancy
$75,290
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 | $39,000 | $41,000 | $43,000 | $46,000 | $48,000 | $50,000 | $53,000 | $56,000 | $59,000 | $62,000 | $497,000 |
rent income | $8,000 | $14,000 | $14,000 | $15,000 | $15,000 | $16,000 | $17,000 | $18,000 | $18,000 | $19,000 | $153,000 |
mortgage principal reduction | $5,000 | $10,000 | $10,000 | $11,000 | $11,000 | $12,000 | $12,000 | $13,000 | $13,000 | $14,000 | $110,000 |
deposit interest | $207 | - | - | - | - | - | - | - | - | - | $207 |
gst hst rebate | $24,000 | - | - | - | - | - | - | - | - | - | $24,000 |
total income return | $76,000 | $64,000 | $68,000 | $71,000 | $74,000 | $78,000 | $82,000 | $86,000 | $90,000 | $95,000 | $785,000 |
Expense/ Investment
Category | Y1 | Y2 | Y3 | Y4 | Y5 | Y6 | Y7 | Y8 | Y9 | Y10 | Total |
---|---|---|---|---|---|---|---|---|---|---|---|
deposit | $113,000 | - | - | - | - | - | - | - | - | - | $113,000 |
remaining balance payment | $38,000 | - | - | - | - | - | - | - | - | - | $38,000 |
closing cost | $64,000 | - | - | - | - | - | - | - | - | - | $64,000 |
operating expense | $4,000 | $8,000 | $8,000 | $8,000 | $8,000 | $8,000 | $9,000 | $9,000 | $9,000 | $9,000 | $81,000 |
mortgage payment | $22,000 | $38,000 | $38,000 | $38,000 | $38,000 | $38,000 | $38,000 | $38,000 | $38,000 | $38,000 | $361,000 |
total expense investment | $241,000 | $45,000 | $46,000 | $46,000 | $46,000 | $46,000 | $46,000 | $47,000 | $47,000 | $47,000 | $656,000 |
Other
Category | Y1 | Y2 | Y3 | Y4 | Y5 | Y6 | Y7 | Y8 | Y9 | Y10 | Total |
---|---|---|---|---|---|---|---|---|---|---|---|
net gain loss | -$164,239 | $19,000 | $22,000 | $25,000 | $28,000 | $32,000 | $36,000 | $39,000 | $44,000 | $48,000 | $128,000 |
cumulative roi | $30 | $46 | $59 | $71 | $81 | $91 | $100 | $109 | $118 | $126 | $830 |
The Goode Condos
Address: Toronto C08, Ontario
Price Range: $478,000 - $1,780,000
Avail. suites: 22
0—15 bd
263—1179 SqFt