Suite number:
318 (Lakeside Collection)
Project:
Address:
Toronto C08, Ontario
Developer:
Tridel
Property type:
condo
Floor plan:
Bathrooms:
2
Bedrooms:
2
Size:
1759 sqft
Occupancy Date:
Jan 2025
Price, CAD
$2,345,000
Available
ROI
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Investment Period: 5 years
Yearly Return on Investment in Year 5
18.09%
Cumulative Return on Investment in Year 5
84.15%
Property Price at the End of Year 5
$3,021,000
Deposit Schedule
$5 at Signing
Total up to 15% in 9999 days
$351,750
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 | $122,000 | $128,000 | $135,000 | $142,000 | $149,000 | $157,000 | $165,000 | $174,000 | $183,000 | $192,000 | $1,548,000 |
rent income | $47,000 | $53,000 | $56,000 | $58,000 | $61,000 | $63,000 | $66,000 | $69,000 | $72,000 | $75,000 | $620,000 |
mortgage principal reduction | $26,000 | $30,000 | $32,000 | $33,000 | $35,000 | $37,000 | $38,000 | $40,000 | $42,000 | $44,000 | $358,000 |
deposit interest | - | - | - | - | - | - | - | - | - | - | - |
gst hst rebate | $24,000 | - | - | - | - | - | - | - | - | - | $24,000 |
total income return | $219,000 | $212,000 | $222,000 | $233,000 | $245,000 | $257,000 | $270,000 | $283,000 | $297,000 | $311,000 | $2,550,000 |
Expense/ Investment
Category | Y1 | Y2 | Y3 | Y4 | Y5 | Y6 | Y7 | Y8 | Y9 | Y10 | Total |
---|---|---|---|---|---|---|---|---|---|---|---|
deposit | $352,000 | - | - | - | - | - | - | - | - | - | $352,000 |
remaining balance payment | $117,000 | - | - | - | - | - | - | - | - | - | $117,000 |
closing cost | $131,000 | - | - | - | - | - | - | - | - | - | $131,000 |
operating expense | $22,000 | $25,000 | $25,000 | $26,000 | $26,000 | $27,000 | $28,000 | $28,000 | $29,000 | $29,000 | $265,000 |
mortgage payment | $108,000 | $117,000 | $117,000 | $117,000 | $117,000 | $117,000 | $117,000 | $117,000 | $117,000 | $117,000 | $1,165,000 |
total expense investment | $729,000 | $142,000 | $143,000 | $143,000 | $144,000 | $144,000 | $145,000 | $146,000 | $146,000 | $147,000 | $2,029,000 |
Other
Category | Y1 | Y2 | Y3 | Y4 | Y5 | Y6 | Y7 | Y8 | Y9 | Y10 | Total |
---|---|---|---|---|---|---|---|---|---|---|---|
net gain loss | -$510,133 | $70,000 | $80,000 | $90,000 | $101,000 | $113,000 | $125,000 | $137,000 | $151,000 | $165,000 | $521,000 |
cumulative roi | $26 | $43 | $58 | $72 | $84 | $96 | $106 | $117 | $127 | $138 | $867 |
Aqualuna Condos
Address: Toronto C08, Ontario
Price Range: $1,095,000 - $3,850,000
Avail. suites: 12
1—3.5 bd
802—4622 SqFt