Suite number:
1007
Project:
Address:
Toronto C10, Ontario
Developer:
Tribute Communities
Property type:
condo
Floor plan:
Bathrooms:
2
Bedrooms:
2
Size:
871 sqft
Occupancy Date:
Jul 2025
Price, CAD
$1,342,000
Available
ROI
Want to own a unit? —
Investment Period: 5 years
Yearly Return on Investment in Year 5
17.77%
Cumulative Return on Investment in Year 5
83.72%
Property Price at the End of Year 5
$1,729,000
Deposit Schedule
$5 at Signing
Total up to 5% in 90 days
$67,100
6% on Occupancy
$80,520
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 | $70,000 | $73,000 | $77,000 | $81,000 | $85,000 | $90,000 | $95,000 | $99,000 | $105,000 | $110,000 | $886,000 |
rent income | $15,000 | $26,000 | $27,000 | $28,000 | $30,000 | $31,000 | $32,000 | $34,000 | $35,000 | $37,000 | $295,000 |
mortgage principal reduction | $10,000 | $17,000 | $18,000 | $19,000 | $20,000 | $21,000 | $22,000 | $23,000 | $24,000 | $25,000 | $196,000 |
deposit interest | $1,000 | - | - | - | - | - | - | - | - | - | $1,000 |
gst hst rebate | $24,000 | - | - | - | - | - | - | - | - | - | $24,000 |
total income return | $119,000 | $117,000 | $122,000 | $128,000 | $135,000 | $141,000 | $148,000 | $156,000 | $163,000 | $172,000 | $1,402,000 |
Expense/ Investment
Category | Y1 | Y2 | Y3 | Y4 | Y5 | Y6 | Y7 | Y8 | Y9 | Y10 | Total |
---|---|---|---|---|---|---|---|---|---|---|---|
deposit | $148,000 | - | - | - | - | - | - | - | - | - | $148,000 |
remaining balance payment | $121,000 | - | - | - | - | - | - | - | - | - | $121,000 |
closing cost | $87,000 | - | - | - | - | - | - | - | - | - | $87,000 |
operating expense | $7,000 | $13,000 | $13,000 | $13,000 | $14,000 | $14,000 | $14,000 | $15,000 | $15,000 | $15,000 | $133,000 |
mortgage payment | $39,000 | $67,000 | $67,000 | $67,000 | $67,000 | $67,000 | $67,000 | $67,000 | $67,000 | $67,000 | $644,000 |
total expense investment | $402,000 | $80,000 | $80,000 | $81,000 | $81,000 | $81,000 | $81,000 | $82,000 | $82,000 | $82,000 | $1,132,000 |
Other
Category | Y1 | Y2 | Y3 | Y4 | Y5 | Y6 | Y7 | Y8 | Y9 | Y10 | Total |
---|---|---|---|---|---|---|---|---|---|---|---|
net gain loss | -$282,666 | $37,000 | $42,000 | $48,000 | $54,000 | $60,000 | $67,000 | $74,000 | $81,000 | $89,000 | $269,000 |
cumulative roi | $27 | $45 | $59 | $72 | $84 | $94 | $104 | $114 | $124 | $133 | $857 |
Y&S Condos
Address: Toronto C10, Ontario
Price Range: $1,182,000 - $1,999,000
Avail. suites: 10
2—3 bd
782—1224 SqFt