Suite number:
701
Project:
Address:
Toronto, Ontario
Developer:
Canderel Residential Inc.
Property type:
condo
Floor plan:
Bathrooms:
1
Bedrooms:
1.5
Size:
693 sqft
Occupancy Date:
Jan 2025
Price, CAD
$1,040,900
Available
ROI
Want to own a unit? —
Investment Period: 5 years
Yearly Return on Investment in Year 5
44.65%
Cumulative Return on Investment in Year 5
215.59%
Property Price at the End of Year 5
$1,341,000
Deposit Schedule
$10,000 at Signing
Total up to 15% in 9999 days
$156,135
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 | $54,000 | $57,000 | $60,000 | $63,000 | $66,000 | $70,000 | $73,000 | $77,000 | $81,000 | $85,000 | $687,000 |
| rent income | $24,000 | $25,000 | $26,000 | $27,000 | $29,000 | $30,000 | $31,000 | $32,000 | $34,000 | $35,000 | $295,000 |
| mortgage principal reduction | $13,000 | $13,000 | $14,000 | $15,000 | $16,000 | $16,000 | $17,000 | $18,000 | $19,000 | $20,000 | $161,000 |
| deposit interest | - | - | - | - | - | - | - | - | - | - | - |
| gst hst rebate | $24,000 | - | - | - | - | - | - | - | - | - | $24,000 |
| total income return | $115,000 | $96,000 | $100,000 | $105,000 | $110,000 | $116,000 | $122,000 | $128,000 | $134,000 | $140,000 | $1,166,000 |
Expense/ Investment
| Category | Y1 | Y2 | Y3 | Y4 | Y5 | Y6 | Y7 | Y8 | Y9 | Y10 | Total |
|---|---|---|---|---|---|---|---|---|---|---|---|
| deposit | - | - | - | - | - | - | - | - | - | - | - |
| remaining balance payment | - | - | - | - | - | - | - | - | - | - | - |
| closing cost | - | - | - | - | - | - | - | - | - | - | - |
| operating expense | $11,000 | $11,000 | $12,000 | $12,000 | $12,000 | $12,000 | $13,000 | $13,000 | $13,000 | $14,000 | $123,000 |
| mortgage payment | $52,000 | $52,000 | $52,000 | $52,000 | $52,000 | $52,000 | $52,000 | $52,000 | $52,000 | $52,000 | $521,000 |
| total expense investment | $63,000 | $63,000 | $64,000 | $64,000 | $64,000 | $64,000 | $65,000 | $65,000 | $65,000 | $66,000 | $644,000 |
Other
| Category | Y1 | Y2 | Y3 | Y4 | Y5 | Y6 | Y7 | Y8 | Y9 | Y10 | Total |
|---|---|---|---|---|---|---|---|---|---|---|---|
| net gain loss | $52,000 | $32,000 | $37,000 | $41,000 | $46,000 | $51,000 | $57,000 | $63,000 | $68,000 | $75,000 | $523,000 |
| cumulative roi | $255 | $218 | $212 | $212 | $216 | $221 | $227 | $235 | $243 | $252 | $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