Suite number:
502
Project:
Address:
Toronto, Ontario
Developer:
Nahid Corp
Property type:
condo
Floor plan:
Bathrooms:
2
Bedrooms:
3
Size:
1120 sqft
Occupancy Date:
Jan 2025
Price, CAD
$1,489,900
Available
ROI
Want to own a unit? —
Investment Period: 5 years
Yearly Return on Investment in Year 5
50.92%
Cumulative Return on Investment in Year 5
241.34%
Property Price at the End of Year 5
$1,920,000
Deposit Schedule
$5,000 at Signing
Total up to 20% in 9999 days
$297,980
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 | $77,000 | $82,000 | $86,000 | $90,000 | $95,000 | $100,000 | $105,000 | $110,000 | $116,000 | $122,000 | $984,000 |
| rent income | $39,000 | $41,000 | $43,000 | $44,000 | $46,000 | $48,000 | $50,000 | $53,000 | $55,000 | $57,000 | $476,000 |
| mortgage principal reduction | $18,000 | $19,000 | $20,000 | $21,000 | $22,000 | $23,000 | $24,000 | $26,000 | $27,000 | $28,000 | $230,000 |
| deposit interest | - | - | - | - | - | - | - | - | - | - | - |
| gst hst rebate | $24,000 | - | - | - | - | - | - | - | - | - | $24,000 |
| total income return | $159,000 | $142,000 | $149,000 | $156,000 | $163,000 | $171,000 | $180,000 | $189,000 | $198,000 | $208,000 | $1,714,000 |
Expense/ Investment
| Category | Y1 | Y2 | Y3 | Y4 | Y5 | Y6 | Y7 | Y8 | Y9 | Y10 | Total |
|---|---|---|---|---|---|---|---|---|---|---|---|
| deposit | - | - | - | - | - | - | - | - | - | - | - |
| remaining balance payment | - | - | - | - | - | - | - | - | - | - | - |
| closing cost | - | - | - | - | - | - | - | - | - | - | - |
| operating expense | $14,000 | $14,000 | $15,000 | $15,000 | $16,000 | $16,000 | $16,000 | $17,000 | $17,000 | $18,000 | $158,000 |
| mortgage payment | $75,000 | $75,000 | $75,000 | $75,000 | $75,000 | $75,000 | $75,000 | $75,000 | $75,000 | $75,000 | $746,000 |
| total expense investment | $89,000 | $89,000 | $89,000 | $90,000 | $90,000 | $91,000 | $91,000 | $91,000 | $92,000 | $92,000 | $904,000 |
Other
| Category | Y1 | Y2 | Y3 | Y4 | Y5 | Y6 | Y7 | Y8 | Y9 | Y10 | Total |
|---|---|---|---|---|---|---|---|---|---|---|---|
| net gain loss | $70,000 | $52,000 | $59,000 | $66,000 | $73,000 | $81,000 | $89,000 | $97,000 | $106,000 | $115,000 | $810,000 |
| cumulative roi | $263 | $235 | $232 | $235 | $241 | $249 | $258 | $268 | $280 | $292 | $3,000 |
Nahid on Broadview
Address: Toronto, Ontario
Price Range: $1,091,000 - $1,686,000
Avail. suites: 8
1.5—3 bd
783—1280 SqFt