Suite number:
Suite Lk 6Th Floor
Project:
Address:
Toronto C02, Ontario
Developer:
Brandy Lane Homes
Property type:
condo
Floor plan:
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
17.11%
Cumulative Return on Investment in Year 5
78.65%
Property Price at the End of Year 5
$4,380,000
Deposit Schedule
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 | $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 | $65,000 | $68,000 | $71,000 | $74,000 | $77,000 | $81,000 | $84,000 | $88,000 | $92,000 | $754,000 |
| mortgage principal reduction | $35,000 | $44,000 | $46,000 | $48,000 | $50,000 | $53,000 | $55,000 | $58,000 | $61,000 | $64,000 | $513,000 |
| deposit interest | - | - | - | - | - | - | - | - | - | - | - |
| gst hst rebate | $24,000 | - | - | - | - | - | - | - | - | - | $24,000 |
| total income return | $288,000 | $295,000 | $310,000 | $325,000 | $341,000 | $358,000 | $376,000 | $394,000 | $414,000 | $434,000 | $3,535,000 |
Expense/ Investment
| Category | Y1 | Y2 | Y3 | Y4 | Y5 | Y6 | Y7 | Y8 | Y9 | Y10 | Total |
|---|---|---|---|---|---|---|---|---|---|---|---|
| deposit | - | - | - | - | - | - | - | - | - | - | - |
| remaining balance payment | $680,000 | - | - | - | - | - | - | - | - | - | $680,000 |
| closing cost | $183,000 | - | - | - | - | - | - | - | - | - | $183,000 |
| operating expense | $36,000 | $44,000 | $45,000 | $46,000 | $47,000 | $48,000 | $49,000 | $50,000 | $51,000 | $52,000 | $469,000 |
| mortgage payment | $142,000 | $170,000 | $170,000 | $170,000 | $170,000 | $170,000 | $170,000 | $170,000 | $170,000 | $170,000 | $1,674,000 |
| total expense investment | $1,041,000 | $214,000 | $215,000 | $216,000 | $217,000 | $218,000 | $219,000 | $220,000 | $222,000 | $223,000 | $3,007,000 |
Other
| Category | Y1 | Y2 | Y3 | Y4 | Y5 | Y6 | Y7 | Y8 | Y9 | Y10 | Total |
|---|---|---|---|---|---|---|---|---|---|---|---|
| net gain loss | -$753,545 | $81,000 | $94,000 | $109,000 | $124,000 | $140,000 | $156,000 | $174,000 | $192,000 | $212,000 | $528,000 |
| cumulative roi | $24 | $41 | $56 | $68 | $79 | $89 | $98 | $107 | $116 | $124 | $801 |
The Davies
Address: Toronto C02, Ontario
Price Range: $1,600,000 - $3,400,000
Avail. suites: 4
2—2.5 bd
882—2900 SqFt