Suite number:
2906 - 3B 1184
Project:
Address:
Toronto W02, Ontario
Developer:
Almadev
Property type:
condo
Bathrooms:
Bedrooms:
3
Size:
1184 sqft
Occupancy Date:
Mar 2026
$1,451,900
Available
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Investment Period: 5 years
Yearly Return on Investment in Year 5
21.31%
Cumulative Return on Investment in Year 5
97.76%
Property Price at the End of Year 5
$1,870,000
Deposit Schedule
$10,000 at Signing
Total up to 5% in 30 days
$72,595
5% on Occupancy
$72,595
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 | $75,000 | $79,000 | $84,000 | $88,000 | $92,000 | $97,000 | $102,000 | $108,000 | $113,000 | $119,000 | $958,000 |
rent income | - | $28,000 | $43,000 | $45,000 | $47,000 | $49,000 | $51,000 | $53,000 | $55,000 | $57,000 | $426,000 |
mortgage principal reduction | - | $12,000 | $19,000 | $20,000 | $21,000 | $22,000 | $23,000 | $24,000 | $25,000 | $26,000 | $194,000 |
deposit interest | $3,000 | $2,000 | - | - | - | - | - | - | - | - | $5,000 |
gst hst rebate | - | $24,000 | - | - | - | - | - | - | - | - | $24,000 |
total income return | $79,000 | $146,000 | $146,000 | $153,000 | $160,000 | $168,000 | $176,000 | $185,000 | $194,000 | $203,000 | $1,608,000 |
Expense/ Investment
Category | Y1 | Y2 | Y3 | Y4 | Y5 | Y6 | Y7 | Y8 | Y9 | Y10 | Total |
---|---|---|---|---|---|---|---|---|---|---|---|
deposit | $73,000 | $73,000 | - | - | - | - | - | - | - | - | $145,000 |
remaining balance payment | - | $145,000 | - | - | - | - | - | - | - | - | $145,000 |
closing cost | - | $90,000 | - | - | - | - | - | - | - | - | $90,000 |
operating expense | - | $11,000 | $17,000 | $18,000 | $18,000 | $19,000 | $20,000 | $20,000 | $21,000 | $21,000 | $165,000 |
mortgage payment | - | $47,000 | $71,000 | $71,000 | $71,000 | $71,000 | $71,000 | $71,000 | $71,000 | $71,000 | $612,000 |
total expense investment | $73,000 | $366,000 | $88,000 | $88,000 | $89,000 | $90,000 | $90,000 | $91,000 | $91,000 | $92,000 | $1,158,000 |
Other
Category | Y1 | Y2 | Y3 | Y4 | Y5 | Y6 | Y7 | Y8 | Y9 | Y10 | Total |
---|---|---|---|---|---|---|---|---|---|---|---|
net gain loss | $6,000 | -$220,618 | $58,000 | $64,000 | $71,000 | $78,000 | $86,000 | $94,000 | $102,000 | $111,000 | $450,000 |
cumulative roi | $109 | $49 | $67 | $83 | $98 | $112 | $125 | $138 | $151 | $164 | $1,000 |
Galleria 3 Condos
Address: Toronto W02, Ontario
Price Range: $596,000 - $1,925,000
Avail. suites: 20
0—3.5 bd
395—1426 SqFt