Suite number:
103
Project:
Address:
Toronto C15, Ontario
Developer:
Originate Developments
Property type:
condo
Bathrooms:
1
Bedrooms:
1.5
Size:
476 sqft
Occupancy Date:
Mar 2025
$800,000
Available
Want to own a unit? —
Investment Period: 5 years
Yearly Return on Investment in Year 5
17.66%
Cumulative Return on Investment in Year 5
85.94%
Property Price at the End of Year 5
$1,031,000
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 | $41,000 | $44,000 | $46,000 | $48,000 | $51,000 | $54,000 | $56,000 | $59,000 | $62,000 | $66,000 | $528,000 |
rent income | $11,000 | $17,000 | $18,000 | $19,000 | $20,000 | $20,000 | $21,000 | $22,000 | $23,000 | $24,000 | $195,000 |
mortgage principal reduction | $7,000 | $11,000 | $11,000 | $12,000 | $12,000 | $13,000 | $13,000 | $14,000 | $15,000 | $15,000 | $122,000 |
deposit interest | $158 | - | - | - | - | - | - | - | - | - | $158 |
gst hst rebate | $24,000 | - | - | - | - | - | - | - | - | - | $24,000 |
total income return | $84,000 | $72,000 | $75,000 | $79,000 | $83,000 | $87,000 | $91,000 | $95,000 | $100,000 | $105,000 | $870,000 |
Expense/ Investment
Category | Y1 | Y2 | Y3 | Y4 | Y5 | Y6 | Y7 | Y8 | Y9 | Y10 | Total |
---|---|---|---|---|---|---|---|---|---|---|---|
deposit | $10,000 | - | - | - | - | - | - | - | - | - | $10,000 |
remaining balance payment | $150,000 | - | - | - | - | - | - | - | - | - | $150,000 |
closing cost | $64,000 | - | - | - | - | - | - | - | - | - | $64,000 |
operating expense | $5,000 | $8,000 | $8,000 | $9,000 | $9,000 | $9,000 | $9,000 | $10,000 | $10,000 | $10,000 | $88,000 |
mortgage payment | $26,000 | $39,000 | $39,000 | $39,000 | $39,000 | $39,000 | $39,000 | $39,000 | $39,000 | $39,000 | $376,000 |
total expense investment | $255,000 | $47,000 | $47,000 | $47,000 | $48,000 | $48,000 | $48,000 | $49,000 | $49,000 | $49,000 | $688,000 |
Other
Category | Y1 | Y2 | Y3 | Y4 | Y5 | Y6 | Y7 | Y8 | Y9 | Y10 | Total |
---|---|---|---|---|---|---|---|---|---|---|---|
net gain loss | -$171,539 | $25,000 | $28,000 | $31,000 | $35,000 | $39,000 | $43,000 | $47,000 | $51,000 | $56,000 | $182,000 |
cumulative roi | $30 | $47 | $61 | $74 | $86 | $97 | $108 | $118 | $128 | $138 | $886 |
Six99
Address: Toronto C15, Ontario
Price Range: $635,000 - $1,998,000
Avail. suites: 22
1—3 bd
389—1198 SqFt