Suite number:
3706 - KIPLING597
Project:
Address:
Toronto W08, Ontario
Developer:
CentreCourt Developments
Property type:
condo
Floor plan:
Bathrooms:
1
Bedrooms:
2
Size:
597 sqft
Occupancy Date:
Jan 2026
Price, CAD
$741,000
Available
ROI
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Investment Period: 5 years
Yearly Return on Investment in Year 5
17.52%
Cumulative Return on Investment in Year 5
85.68%
Property Price at the End of Year 5
$955,000
Deposit Schedule
$10,000 at Signing
Total up to 5% in 30 days
$37,050
2.5% in 60 days
$18,525
2.5% in 90 days
$18,525
2.5% in 120 days
$18,525
2.5% on Occupancy
$18,525
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 | $38,000 | $41,000 | $43,000 | $45,000 | $47,000 | $50,000 | $52,000 | $55,000 | $58,000 | $61,000 | $489,000 |
rent income | $7,000 | $18,000 | $19,000 | $19,000 | $20,000 | $21,000 | $22,000 | $23,000 | $24,000 | $25,000 | $198,000 |
mortgage principal reduction | $4,000 | $9,000 | $10,000 | $10,000 | $11,000 | $11,000 | $12,000 | $12,000 | $13,000 | $14,000 | $106,000 |
deposit interest | $2,000 | - | - | - | - | - | - | - | - | - | $2,000 |
gst hst rebate | $24,000 | - | - | - | - | - | - | - | - | - | $24,000 |
total income return | $75,000 | $68,000 | $71,000 | $74,000 | $78,000 | $82,000 | $86,000 | $90,000 | $95,000 | $99,000 | $819,000 |
Expense/ Investment
Category | Y1 | Y2 | Y3 | Y4 | Y5 | Y6 | Y7 | Y8 | Y9 | Y10 | Total |
---|---|---|---|---|---|---|---|---|---|---|---|
deposit | $111,000 | - | - | - | - | - | - | - | - | - | $111,000 |
remaining balance payment | $37,000 | - | - | - | - | - | - | - | - | - | $37,000 |
closing cost | $63,000 | - | - | - | - | - | - | - | - | - | $63,000 |
operating expense | $4,000 | $9,000 | $10,000 | $10,000 | $10,000 | $10,000 | $11,000 | $11,000 | $11,000 | $11,000 | $97,000 |
mortgage payment | $15,000 | $37,000 | $37,000 | $37,000 | $37,000 | $37,000 | $37,000 | $37,000 | $37,000 | $37,000 | $349,000 |
total expense investment | $231,000 | $47,000 | $47,000 | $47,000 | $47,000 | $47,000 | $48,000 | $48,000 | $48,000 | $48,000 | $658,000 |
Other
Category | Y1 | Y2 | Y3 | Y4 | Y5 | Y6 | Y7 | Y8 | Y9 | Y10 | Total |
---|---|---|---|---|---|---|---|---|---|---|---|
net gain loss | -$155,314 | $21,000 | $24,000 | $27,000 | $31,000 | $35,000 | $38,000 | $42,000 | $47,000 | $51,000 | $161,000 |
cumulative roi | $31 | $48 | $62 | $74 | $86 | $96 | $107 | $117 | $126 | $136 | $883 |
Kipling Station Condos
Address: Toronto W08, Ontario
Price Range: $501,000 - $919,000
Avail. suites: 24
0—3 bd
303—935 SqFt