Suite number:
405
Project:
Address:
Toronto E03, Ontario
Developer:
Nahid Corp
Property type:
condo
Bathrooms:
2
Bedrooms:
2.5
Size:
1089 sqft
Occupancy Date:
Mar 2025
$1,461,900
Available
Want to own a unit? —
Investment Period: 5 years
Yearly Return on Investment in Year 5
19.71%
Cumulative Return on Investment in Year 5
92.61%
Property Price at the End of Year 5
$1,883,000
Deposit Schedule
$5,000 at Signing
Total up to 5% in 30 days
$73,095
15% on Occupancy
$219,285
Net Gain (Loss)
Get Expert Advice
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 | $76,000 | $80,000 | $84,000 | $88,000 | $93,000 | $98,000 | $103,000 | $108,000 | $114,000 | $120,000 | $965,000 |
rent income | $25,000 | $39,000 | $41,000 | $43,000 | $45,000 | $47,000 | $49,000 | $51,000 | $53,000 | $55,000 | $447,000 |
mortgage principal reduction | $12,000 | $19,000 | $20,000 | $21,000 | $22,000 | $23,000 | $24,000 | $25,000 | $27,000 | $28,000 | $223,000 |
deposit interest | $713 | - | - | - | - | - | - | - | - | - | $713 |
gst hst rebate | $24,000 | - | - | - | - | - | - | - | - | - | $24,000 |
total income return | $138,000 | $139,000 | $145,000 | $153,000 | $160,000 | $168,000 | $176,000 | $184,000 | $193,000 | $203,000 | $1,660,000 |
Expense/ Investment
Category | Y1 | Y2 | Y3 | Y4 | Y5 | Y6 | Y7 | Y8 | Y9 | Y10 | Total |
---|---|---|---|---|---|---|---|---|---|---|---|
deposit | $292,000 | - | - | - | - | - | - | - | - | - | $292,000 |
remaining balance payment | - | - | - | - | - | - | - | - | - | - | - |
closing cost | $90,000 | - | - | - | - | - | - | - | - | - | $90,000 |
operating expense | $9,000 | $14,000 | $15,000 | $15,000 | $15,000 | $16,000 | $17,000 | $17,000 | $18,000 | $18,000 | $154,000 |
mortgage payment | $47,000 | $71,000 | $71,000 | $71,000 | $71,000 | $71,000 | $71,000 | $71,000 | $71,000 | $71,000 | $687,000 |
total expense investment | $439,000 | $85,000 | $86,000 | $86,000 | $87,000 | $87,000 | $88,000 | $88,000 | $89,000 | $89,000 | $1,224,000 |
Other
Category | Y1 | Y2 | Y3 | Y4 | Y5 | Y6 | Y7 | Y8 | Y9 | Y10 | Total |
---|---|---|---|---|---|---|---|---|---|---|---|
net gain loss | -$300,928 | $54,000 | $60,000 | $66,000 | $73,000 | $81,000 | $88,000 | $96,000 | $105,000 | $114,000 | $436,000 |
cumulative roi | $28 | $47 | $63 | $79 | $93 | $106 | $119 | $132 | $144 | $157 | $967 |
Nahid on Broadview
Address: Toronto E03, Ontario
Price Range: $1,091,000 - $1,686,000
Avail. suites: 8
1.5—3 bd
783—1280 SqFt