Suite number:
PH11 - B2-545
Project:
Address:
Toronto C08, Ontario
Developer:
Alterra
Property type:
condo
Bathrooms:
2
Bedrooms:
1.5
Size:
545 sqft
Occupancy Date:
Mar 2025
Price, CAD
$755,990
Available
ROI
Want to own a unit? —
Investment Period: 5 years
Yearly Return on Investment in Year 5
18.18%
Cumulative Return on Investment in Year 5
88.98%
Property Price at the End of Year 5
$974,000
Deposit Schedule
$10,000 at Signing
Total up to 5% in 30 days
$37,800
5% on Occupancy
$37,800
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 | $39,000 | $41,000 | $44,000 | $46,000 | $48,000 | $51,000 | $53,000 | $56,000 | $59,000 | $62,000 | $499,000 |
| rent income | $13,000 | $20,000 | $21,000 | $21,000 | $22,000 | $23,000 | $24,000 | $25,000 | $26,000 | $28,000 | $224,000 |
| mortgage principal reduction | $6,000 | $10,000 | $11,000 | $11,000 | $12,000 | $12,000 | $13,000 | $13,000 | $14,000 | $14,000 | $115,000 |
| deposit interest | $405 | - | - | - | - | - | - | - | - | - | $405 |
| gst hst rebate | $24,000 | - | - | - | - | - | - | - | - | - | $24,000 |
| total income return | $83,000 | $71,000 | $75,000 | $78,000 | $82,000 | $86,000 | $90,000 | $95,000 | $99,000 | $104,000 | $862,000 |
Expense/ Investment
| Category | Y1 | Y2 | Y3 | Y4 | Y5 | Y6 | Y7 | Y8 | Y9 | Y10 | Total |
|---|---|---|---|---|---|---|---|---|---|---|---|
| deposit | $76,000 | - | - | - | - | - | - | - | - | - | $76,000 |
| remaining balance payment | $76,000 | - | - | - | - | - | - | - | - | - | $76,000 |
| closing cost | $62,000 | - | - | - | - | - | - | - | - | - | $62,000 |
| operating expense | $6,000 | $9,000 | $9,000 | $9,000 | $10,000 | $10,000 | $10,000 | $11,000 | $11,000 | $11,000 | $95,000 |
| mortgage payment | $25,000 | $37,000 | $37,000 | $37,000 | $37,000 | $37,000 | $37,000 | $37,000 | $37,000 | $37,000 | $355,000 |
| total expense investment | $244,000 | $46,000 | $46,000 | $46,000 | $46,000 | $47,000 | $47,000 | $47,000 | $48,000 | $48,000 | $664,000 |
Other
| Category | Y1 | Y2 | Y3 | Y4 | Y5 | Y6 | Y7 | Y8 | Y9 | Y10 | Total |
|---|---|---|---|---|---|---|---|---|---|---|---|
| net gain loss | -$160,787 | $26,000 | $29,000 | $32,000 | $36,000 | $39,000 | $43,000 | $47,000 | $52,000 | $56,000 | $198,000 |
| cumulative roi | $31 | $48 | $63 | $76 | $89 | $101 | $112 | $124 | $135 | $146 | $924 |
28 Eastern
Address: Toronto C08, Ontario
Price Range: $700,000 - $1,130,000
Avail. suites: 8
1.5—3 bd
537—918 SqFt