Suite number:
306 (Lakeside Collection)
Project:
Address:
Toronto C08, Ontario
Developer:
Tridel
Property type:
condo
Bathrooms:
2.5
Bedrooms:
2
Size:
1741 sqft
Occupancy Date:
Jan 2025
$2,610,000
Available
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Investment Period: 5 years
Yearly Return on Investment in Year 5
18.28%
Cumulative Return on Investment in Year 5
84.65%
Property Price at the End of Year 5
$3,362,000
Deposit Schedule
$5 at Signing
Total up to 15% in 755 days
$391,500
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 | $135,000 | $143,000 | $150,000 | $158,000 | $166,000 | $175,000 | $184,000 | $194,000 | $204,000 | $214,000 | $1,722,000 |
rent income | $42,000 | $53,000 | $55,000 | $57,000 | $60,000 | $62,000 | $65,000 | $68,000 | $71,000 | $74,000 | $608,000 |
mortgage principal reduction | $28,000 | $35,000 | $37,000 | $38,000 | $40,000 | $42,000 | $44,000 | $46,000 | $48,000 | $50,000 | $407,000 |
deposit interest | $725 | - | - | - | - | - | - | - | - | - | $725 |
gst hst rebate | $24,000 | - | - | - | - | - | - | - | - | - | $24,000 |
total income return | $230,000 | $230,000 | $242,000 | $254,000 | $266,000 | $279,000 | $293,000 | $307,000 | $322,000 | $338,000 | $2,762,000 |
Expense/ Investment
Category | Y1 | Y2 | Y3 | Y4 | Y5 | Y6 | Y7 | Y8 | Y9 | Y10 | Total |
---|---|---|---|---|---|---|---|---|---|---|---|
deposit | $392,000 | - | - | - | - | - | - | - | - | - | $392,000 |
remaining balance payment | $131,000 | - | - | - | - | - | - | - | - | - | $131,000 |
closing cost | $142,000 | - | - | - | - | - | - | - | - | - | $142,000 |
operating expense | $21,000 | $25,000 | $26,000 | $27,000 | $28,000 | $29,000 | $30,000 | $31,000 | $31,000 | $32,000 | $279,000 |
mortgage payment | $106,000 | $127,000 | $127,000 | $127,000 | $127,000 | $127,000 | $127,000 | $127,000 | $127,000 | $127,000 | $1,248,000 |
total expense investment | $791,000 | $152,000 | $153,000 | $154,000 | $155,000 | $156,000 | $157,000 | $157,000 | $158,000 | $159,000 | $2,192,000 |
Other
Category | Y1 | Y2 | Y3 | Y4 | Y5 | Y6 | Y7 | Y8 | Y9 | Y10 | Total |
---|---|---|---|---|---|---|---|---|---|---|---|
net gain loss | -$560,326 | $78,000 | $89,000 | $100,000 | $111,000 | $124,000 | $136,000 | $150,000 | $164,000 | $179,000 | $570,000 |
cumulative roi | $25 | $44 | $59 | $72 | $85 | $96 | $107 | $117 | $127 | $137 | $868 |
Aqualuna Condos
Address: Toronto C08, Ontario
Price Range: $1,095,000 - $3,850,000
Avail. suites: 10
1—3.5 bd
802—4622 SqFt