Suite number:
Birkin
Project:
Address:
Toronto C09, Ontario
Developer:
Menkes Developments Ltd.
Property type:
condo
Bathrooms:
2
Bedrooms:
1.5
Size:
659 sqft
Occupancy Date:
Mar 2025
Price, CAD
$1,066,990
Available
ROI
Want to own a unit? —
Investment Period: 5 years
Yearly Return on Investment in Year 5
18.94%
Cumulative Return on Investment in Year 5
90.06%
Property Price at the End of Year 5
$1,375,000
Deposit Schedule
$10,000 at Signing
Total up to 5% in 30 days
$43,350
10% on Occupancy
$106,699
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 | $55,000 | $58,000 | $61,000 | $65,000 | $68,000 | $71,000 | $75,000 | $79,000 | $83,000 | $88,000 | $704,000 |
| rent income | $12,000 | $24,000 | $25,000 | $26,000 | $27,000 | $28,000 | $29,000 | $30,000 | $32,000 | $33,000 | $265,000 |
| mortgage principal reduction | $7,000 | $15,000 | $16,000 | $17,000 | $17,000 | $18,000 | $19,000 | $19,000 | $20,000 | $21,000 | $170,000 |
| deposit interest | $1,000 | - | - | - | - | - | - | - | - | - | $1,000 |
| gst hst rebate | $24,000 | - | - | - | - | - | - | - | - | - | $24,000 |
| total income return | $99,000 | $97,000 | $102,000 | $107,000 | $112,000 | $117,000 | $123,000 | $129,000 | $135,000 | $142,000 | $1,164,000 |
Expense/ Investment
| Category | Y1 | Y2 | Y3 | Y4 | Y5 | Y6 | Y7 | Y8 | Y9 | Y10 | Total |
|---|---|---|---|---|---|---|---|---|---|---|---|
| deposit | $160,000 | - | - | - | - | - | - | - | - | - | $160,000 |
| remaining balance payment | $53,000 | - | - | - | - | - | - | - | - | - | $53,000 |
| closing cost | $75,000 | - | - | - | - | - | - | - | - | - | $75,000 |
| operating expense | $6,000 | $12,000 | $13,000 | $13,000 | $14,000 | $14,000 | $15,000 | $15,000 | $16,000 | $16,000 | $134,000 |
| mortgage payment | $24,000 | $49,000 | $49,000 | $49,000 | $49,000 | $49,000 | $49,000 | $49,000 | $49,000 | $49,000 | $465,000 |
| total expense investment | $319,000 | $61,000 | $62,000 | $62,000 | $63,000 | $63,000 | $63,000 | $64,000 | $64,000 | $65,000 | $886,000 |
Other
| Category | Y1 | Y2 | Y3 | Y4 | Y5 | Y6 | Y7 | Y8 | Y9 | Y10 | Total |
|---|---|---|---|---|---|---|---|---|---|---|---|
| net gain loss | -$219,240 | $36,000 | $40,000 | $45,000 | $49,000 | $54,000 | $60,000 | $65,000 | $71,000 | $77,000 | $278,000 |
| cumulative roi | $29 | $47 | $63 | $77 | $90 | $102 | $113 | $124 | $135 | $146 | $927 |
Welcome to refined living at Adagio by Menkes, a new luxury boutique condominium in Yorkville. Designed as an elegant modern retreat in the heart of the city and inspired by the distinguished history of the address. Adagio promises a rewarding life. ...
Address: Toronto C09, Ontario
Price Range: $688,000 - $1,860,000
Avail. suites: 15
0—3 bd
372—993 SqFt