Suite number:
2302B - 2B - 03/02
Project:
Address:
Toronto, Ontario
Developer:
Almadev
Property type:
condo
Floor plan:
Bathrooms:
Bedrooms:
2
Size:
719 sqft
Occupancy Date:
Jan 2024
Price, CAD
$799,900
Available
ROI
Want to own a unit? —
Investment Period: 5 years
Yearly Return on Investment in Year 5
31.81%
Cumulative Return on Investment in Year 5
151.25%
Property Price at the End of Year 5
$1,031,000
Deposit Schedule
$10,000 at Signing
Total up to 5% in 9999 days
$39,995
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 | $41,000 | $44,000 | $46,000 | $48,000 | $51,000 | $54,000 | $56,000 | $59,000 | $62,000 | $66,000 | $528,000 |
rent income | - | - | - | - | - | - | - | - | - | - | - |
mortgage principal reduction | $25,000 | $11,000 | $12,000 | $12,000 | $13,000 | $13,000 | $14,000 | $15,000 | $15,000 | $16,000 | $146,000 |
deposit interest | - | - | - | - | - | - | - | - | - | - | - |
gst hst rebate | - | - | - | - | - | - | - | - | - | - | - |
total income return | $66,000 | $55,000 | $58,000 | $61,000 | $64,000 | $67,000 | $70,000 | $74,000 | $78,000 | $82,000 | $674,000 |
Expense/ Investment
Category | Y1 | Y2 | Y3 | Y4 | Y5 | Y6 | Y7 | Y8 | Y9 | Y10 | Total |
---|---|---|---|---|---|---|---|---|---|---|---|
deposit | - | - | - | - | - | - | - | - | - | - | - |
remaining balance payment | - | - | - | - | - | - | - | - | - | - | - |
closing cost | - | - | - | - | - | - | - | - | - | - | - |
operating expense | - | - | - | - | - | - | - | - | - | - | - |
mortgage payment | $40,000 | $40,000 | $40,000 | $40,000 | $40,000 | $40,000 | $40,000 | $40,000 | $40,000 | $40,000 | $401,000 |
total expense investment | $40,000 | $40,000 | $40,000 | $40,000 | $40,000 | $40,000 | $40,000 | $40,000 | $40,000 | $40,000 | $401,000 |
Other
Category | Y1 | Y2 | Y3 | Y4 | Y5 | Y6 | Y7 | Y8 | Y9 | Y10 | Total |
---|---|---|---|---|---|---|---|---|---|---|---|
net gain loss | $26,000 | $15,000 | $18,000 | $21,000 | $24,000 | $27,000 | $30,000 | $34,000 | $38,000 | $42,000 | $273,000 |
cumulative roi | $165 | $151 | $149 | $149 | $151 | $154 | $157 | $160 | $164 | $168 | $2,000 |
Galleria 02
Address: Toronto, Ontario
Price Range: $470,000 - $1,030,000
Avail. suites: 11
1—3.5 bd
449—1500 SqFt