Suite number:
Suite Lk 6Th Floor
Project:
Address:
Toronto C02, Ontario
Developer:
Brandy Lane Homes
Property type:
condo
Bathrooms:
2.5
Bedrooms:
2.5
Size:
1810 sqft
Occupancy Date:
Dec 2024
Price, CAD
$3,400,000
Available
ROI
Want to own a unit? —
Investment Period: 5 years
Yearly Return on Investment in Year 5
17.47%
Cumulative Return on Investment in Year 5
80.38%
Property Price at the End of Year 5
$4,380,000
Deposit Schedule
Net Gain (Loss)
Get Expert Advice
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 | $176,000 | $186,000 | $196,000 | $206,000 | $217,000 | $228,000 | $240,000 | $252,000 | $265,000 | $279,000 | $2,244,000 |
| rent income | $53,000 | $66,000 | $69,000 | $72,000 | $75,000 | $78,000 | $81,000 | $85,000 | $88,000 | $92,000 | $758,000 |
| mortgage principal reduction | $36,000 | $46,000 | $48,000 | $50,000 | $52,000 | $55,000 | $57,000 | $60,000 | $62,000 | $65,000 | $530,000 |
| deposit interest | - | - | - | - | - | - | - | - | - | - | - |
| gst hst rebate | $24,000 | - | - | - | - | - | - | - | - | - | $24,000 |
| total income return | $290,000 | $297,000 | $312,000 | $327,000 | $343,000 | $360,000 | $378,000 | $396,000 | $416,000 | $436,000 | $3,556,000 |
Expense/ Investment
| Category | Y1 | Y2 | Y3 | Y4 | Y5 | Y6 | Y7 | Y8 | Y9 | Y10 | Total |
|---|---|---|---|---|---|---|---|---|---|---|---|
| deposit | - | - | - | - | - | - | - | - | - | - | - |
| remaining balance payment | $680,000 | - | - | - | - | - | - | - | - | - | $680,000 |
| closing cost | $182,000 | - | - | - | - | - | - | - | - | - | $182,000 |
| operating expense | $36,000 | $44,000 | $46,000 | $47,000 | $49,000 | $50,000 | $52,000 | $53,000 | $55,000 | $57,000 | $489,000 |
| mortgage payment | $138,000 | $165,000 | $165,000 | $165,000 | $165,000 | $165,000 | $165,000 | $165,000 | $165,000 | $165,000 | $1,626,000 |
| total expense investment | $1,036,000 | $210,000 | $211,000 | $213,000 | $214,000 | $216,000 | $217,000 | $219,000 | $220,000 | $222,000 | $2,977,000 |
Other
| Category | Y1 | Y2 | Y3 | Y4 | Y5 | Y6 | Y7 | Y8 | Y9 | Y10 | Total |
|---|---|---|---|---|---|---|---|---|---|---|---|
| net gain loss | -$746,113 | $88,000 | $101,000 | $115,000 | $129,000 | $145,000 | $161,000 | $178,000 | $196,000 | $214,000 | $579,000 |
| cumulative roi | $24 | $42 | $57 | $69 | $80 | $91 | $100 | $109 | $118 | $127 | $818 |
The Davies
Address: Toronto C02, Ontario
Price Range: $1,600,000 - $3,400,000
Avail. suites: 4
2—2.5 bd
882—2900 SqFt