Suite number:
510
Project:
Address:
Toronto C02, Ontario
Developer:
The Benvenuto Group
Property type:
condo
Bathrooms:
2
Bedrooms:
2
Size:
881 sqft
Occupancy Date:
Sep 2024
Price, CAD
$1,099,000
Available
ROI
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Investment Period: 5 years
Yearly Return on Investment in Year 5
32.58%
Cumulative Return on Investment in Year 5
148.71%
Property Price at the End of Year 5
$1,416,000
Deposit Schedule
$5 at Signing
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 | $57,000 | $60,000 | $63,000 | $67,000 | $70,000 | $74,000 | $77,000 | $81,000 | $86,000 | $90,000 | $725,000 |
| rent income | - | - | - | - | - | - | - | - | - | - | - |
| mortgage principal reduction | $17,000 | $15,000 | $16,000 | $16,000 | $17,000 | $18,000 | $19,000 | $20,000 | $20,000 | $21,000 | $179,000 |
| deposit interest | - | - | - | - | - | - | - | - | - | - | - |
| gst hst rebate | - | - | - | - | - | - | - | - | - | - | - |
| total income return | $74,000 | $75,000 | $79,000 | $83,000 | $87,000 | $92,000 | $96,000 | $101,000 | $106,000 | $112,000 | $904,000 |
Expense/ Investment
| Category | Y1 | Y2 | Y3 | Y4 | Y5 | Y6 | Y7 | Y8 | Y9 | Y10 | Total |
|---|---|---|---|---|---|---|---|---|---|---|---|
| deposit | - | - | - | - | - | - | - | - | - | - | - |
| remaining balance payment | - | - | - | - | - | - | - | - | - | - | - |
| closing cost | - | - | - | - | - | - | - | - | - | - | - |
| operating expense | - | - | - | - | - | - | - | - | - | - | - |
| mortgage payment | $53,000 | $53,000 | $53,000 | $53,000 | $53,000 | $53,000 | $53,000 | $53,000 | $53,000 | $53,000 | $535,000 |
| total expense investment | $53,000 | $53,000 | $53,000 | $53,000 | $53,000 | $53,000 | $53,000 | $53,000 | $53,000 | $53,000 | $535,000 |
Other
| Category | Y1 | Y2 | Y3 | Y4 | Y5 | Y6 | Y7 | Y8 | Y9 | Y10 | Total |
|---|---|---|---|---|---|---|---|---|---|---|---|
| net gain loss | $20,000 | $22,000 | $25,000 | $29,000 | $34,000 | $38,000 | $43,000 | $48,000 | $53,000 | $58,000 | $369,000 |
| cumulative roi | $138 | $139 | $142 | $145 | $149 | $152 | $156 | $160 | $165 | $169 | $2,000 |
Monza Condos
Address: Toronto C02, Ontario
Price Range: $859,000 - $1,695,000
Avail. suites: 23
2—3 bd
672—1599 SqFt