Suite number:
F6 (BF)
Project:
Address:
Toronto C08, Ontario
Developer:
Concert Properties
Property type:
condo
Bathrooms:
2.5
Bedrooms:
3
Size:
1338 sqft
Occupancy Date:
Jan 2025
Price, CAD
$1,492,900
Available
ROI
Want to own a unit? —
Investment Period: 5 years
Yearly Return on Investment in Year 5
20.17%
Cumulative Return on Investment in Year 5
95.07%
Property Price at the End of Year 5
$1,923,000
Deposit Schedule
$5,000 at Signing
Total up to 5% in 30 days
$74,645
10% on Occupancy
$149,290
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 | $111,000 | $116,000 | $122,000 | $985,000 |
| rent income | $39,000 | $49,000 | $51,000 | $53,000 | $55,000 | $58,000 | $60,000 | $63,000 | $65,000 | $68,000 | $560,000 |
| mortgage principal reduction | $16,000 | $20,000 | $21,000 | $22,000 | $23,000 | $24,000 | $25,000 | $26,000 | $27,000 | $29,000 | $233,000 |
| deposit interest | $27 | - | - | - | - | - | - | - | - | - | $27 |
| gst hst rebate | $24,000 | - | - | - | - | - | - | - | - | - | $24,000 |
| total income return | $157,000 | $150,000 | $158,000 | $165,000 | $173,000 | $182,000 | $190,000 | $199,000 | $209,000 | $219,000 | $1,802,000 |
Expense/ Investment
| Category | Y1 | Y2 | Y3 | Y4 | Y5 | Y6 | Y7 | Y8 | Y9 | Y10 | Total |
|---|---|---|---|---|---|---|---|---|---|---|---|
| deposit | $224,000 | - | - | - | - | - | - | - | - | - | $224,000 |
| remaining balance payment | $75,000 | - | - | - | - | - | - | - | - | - | $75,000 |
| closing cost | $92,000 | - | - | - | - | - | - | - | - | - | $92,000 |
| operating expense | $15,000 | $19,000 | $19,000 | $20,000 | $21,000 | $21,000 | $22,000 | $23,000 | $23,000 | $24,000 | $208,000 |
| mortgage payment | $61,000 | $73,000 | $73,000 | $73,000 | $73,000 | $73,000 | $73,000 | $73,000 | $73,000 | $73,000 | $714,000 |
| total expense investment | $466,000 | $91,000 | $92,000 | $93,000 | $93,000 | $94,000 | $95,000 | $95,000 | $96,000 | $97,000 | $1,312,000 |
Other
| Category | Y1 | Y2 | Y3 | Y4 | Y5 | Y6 | Y7 | Y8 | Y9 | Y10 | Total |
|---|---|---|---|---|---|---|---|---|---|---|---|
| net gain loss | -$309,431 | $59,000 | $66,000 | $73,000 | $80,000 | $88,000 | $96,000 | $104,000 | $113,000 | $122,000 | $491,000 |
| cumulative roi | $28 | $47 | $64 | $80 | $95 | $109 | $124 | $138 | $152 | $166 | $1,000 |
Burke Condos
Address: Toronto C08, Ontario
Price Range: $1,133,000 - $2,072,000
Avail. suites: 7
1—3.5 bd
530—2091 SqFt