Suite number:
218
Project:
Address:
Toronto C15, Ontario
Developer:
Originate Developments
Property type:
condo
Floor plan:
Bathrooms:
1
Bedrooms:
1
Size:
389 sqft
Occupancy Date:
Mar 2025
Price, CAD
$635,000
Available
ROI
Want to own a unit? —
Investment Period: 5 years
Yearly Return on Investment in Year 5
15.81%
Cumulative Return on Investment in Year 5
78.55%
Property Price at the End of Year 5
$818,000
Deposit Schedule
$10,000 at Signing
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 | $33,000 | $35,000 | $37,000 | $38,000 | $40,000 | $43,000 | $45,000 | $47,000 | $50,000 | $52,000 | $419,000 |
| rent income | $6,000 | $9,000 | $10,000 | $10,000 | $11,000 | $11,000 | $12,000 | $12,000 | $13,000 | $13,000 | $106,000 |
| mortgage principal reduction | $5,000 | $8,000 | $8,000 | $9,000 | $9,000 | $10,000 | $10,000 | $11,000 | $11,000 | $12,000 | $94,000 |
| deposit interest | $158 | - | - | - | - | - | - | - | - | - | $158 |
| gst hst rebate | $24,000 | - | - | - | - | - | - | - | - | - | $24,000 |
| total income return | $68,000 | $52,000 | $55,000 | $58,000 | $60,000 | $63,000 | $67,000 | $70,000 | $73,000 | $77,000 | $643,000 |
Expense/ Investment
| Category | Y1 | Y2 | Y3 | Y4 | Y5 | Y6 | Y7 | Y8 | Y9 | Y10 | Total |
|---|---|---|---|---|---|---|---|---|---|---|---|
| deposit | $10,000 | - | - | - | - | - | - | - | - | - | $10,000 |
| remaining balance payment | $117,000 | - | - | - | - | - | - | - | - | - | $117,000 |
| closing cost | $59,000 | - | - | - | - | - | - | - | - | - | $59,000 |
| operating expense | $4,000 | $6,000 | $6,000 | $6,000 | $6,000 | $7,000 | $7,000 | $7,000 | $7,000 | $7,000 | $64,000 |
| mortgage payment | $21,000 | $32,000 | $32,000 | $32,000 | $32,000 | $32,000 | $32,000 | $32,000 | $32,000 | $32,000 | $307,000 |
| total expense investment | $211,000 | $38,000 | $38,000 | $38,000 | $38,000 | $38,000 | $39,000 | $39,000 | $39,000 | $39,000 | $557,000 |
Other
| Category | Y1 | Y2 | Y3 | Y4 | Y5 | Y6 | Y7 | Y8 | Y9 | Y10 | Total |
|---|---|---|---|---|---|---|---|---|---|---|---|
| net gain loss | -$142,690 | $14,000 | $17,000 | $19,000 | $22,000 | $25,000 | $28,000 | $31,000 | $35,000 | $38,000 | $87,000 |
| cumulative roi | $31 | $46 | $58 | $69 | $79 | $88 | $96 | $104 | $112 | $120 | $801 |
Six99
Address: Toronto C15, Ontario
Price Range: $635,000 - $1,998,000
Avail. suites: 22
1—3 bd
389—1198 SqFt