Suite number:
1U+D
Project:
Address:
Toronto, Ontario
Developer:
Reserve Properties
Property type:
condo
Floor plan:
Bathrooms:
1
Bedrooms:
1.5
Size:
506 sqft
Occupancy Date:
May 2027
Price, CAD
$893,900
Available
ROI
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Investment Period: 5 years
Yearly Return on Investment in Year 5
19.19%
Cumulative Return on Investment in Year 5
89.91%
Property Price at the End of Year 5
$1,152,000
Deposit Schedule
$10,000 at Signing
Total up to 2.5% in 30 days
$22,348
2.5% in 90 days
$22,348
15% on Occupancy
$134,085
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 | $46,000 | $49,000 | $51,000 | $54,000 | $57,000 | $60,000 | $63,000 | $66,000 | $70,000 | $73,000 | $590,000 |
| rent income | - | $7,000 | $18,000 | $19,000 | $20,000 | $20,000 | $21,000 | $22,000 | $23,000 | $24,000 | $175,000 |
| mortgage principal reduction | - | $5,000 | $11,000 | $12,000 | $12,000 | $13,000 | $14,000 | $14,000 | $15,000 | $16,000 | $111,000 |
| deposit interest | $2,000 | $1,000 | - | - | - | - | - | - | - | - | $3,000 |
| gst hst rebate | - | $24,000 | - | - | - | - | - | - | - | - | $24,000 |
| total income return | $48,000 | $86,000 | $81,000 | $85,000 | $89,000 | $93,000 | $98,000 | $103,000 | $108,000 | $113,000 | $903,000 |
Expense/ Investment
| Category | Y1 | Y2 | Y3 | Y4 | Y5 | Y6 | Y7 | Y8 | Y9 | Y10 | Total |
|---|---|---|---|---|---|---|---|---|---|---|---|
| deposit | $45,000 | $134,000 | - | - | - | - | - | - | - | - | $179,000 |
| remaining balance payment | - | - | - | - | - | - | - | - | - | - | - |
| closing cost | - | $69,000 | - | - | - | - | - | - | - | - | $69,000 |
| operating expense | - | $4,000 | $9,000 | $9,000 | $9,000 | $9,000 | $9,000 | $10,000 | $10,000 | $10,000 | $78,000 |
| mortgage payment | - | $19,000 | $45,000 | $45,000 | $45,000 | $45,000 | $45,000 | $45,000 | $45,000 | $45,000 | $377,000 |
| total expense investment | $45,000 | $225,000 | $53,000 | $54,000 | $54,000 | $54,000 | $54,000 | $54,000 | $55,000 | $55,000 | $703,000 |
Other
| Category | Y1 | Y2 | Y3 | Y4 | Y5 | Y6 | Y7 | Y8 | Y9 | Y10 | Total |
|---|---|---|---|---|---|---|---|---|---|---|---|
| net gain loss | $3,000 | -$139,397 | $27,000 | $31,000 | $35,000 | $39,000 | $44,000 | $48,000 | $53,000 | $58,000 | $200,000 |
| cumulative roi | $108 | $49 | $65 | $78 | $90 | $101 | $111 | $121 | $130 | $140 | $992 |
8 Elm on Yonge
Address: Toronto, Ontario
Price Range: $711,000 - $1,545,000
Avail. suites: 18
0—3.5 bd
292—998 SqFt