Suite number:
1002
Project:
Address:
Toronto C15, Ontario
Developer:
Originate Developments
Property type:
condo
Bathrooms:
2.5
Bedrooms:
3
Size:
1198 sqft
Occupancy Date:
Mar 2025
Price, CAD
$1,949,000
Available
ROI
Want to own a unit? —
Investment Period: 5 years
Yearly Return on Investment in Year 5
18.74%
Cumulative Return on Investment in Year 5
86.97%
Property Price at the End of Year 5
$2,511,000
Deposit Schedule
$10,000 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 | $101,000 | $107,000 | $112,000 | $118,000 | $124,000 | $131,000 | $137,000 | $144,000 | $152,000 | $160,000 | $1,286,000 |
| rent income | $28,000 | $43,000 | $45,000 | $47,000 | $49,000 | $51,000 | $53,000 | $56,000 | $58,000 | $61,000 | $491,000 |
| mortgage principal reduction | $17,000 | $26,000 | $27,000 | $28,000 | $30,000 | $31,000 | $32,000 | $34,000 | $35,000 | $37,000 | $298,000 |
| deposit interest | $158 | - | - | - | - | - | - | - | - | - | $158 |
| gst hst rebate | $24,000 | - | - | - | - | - | - | - | - | - | $24,000 |
| total income return | $170,000 | $176,000 | $184,000 | $193,000 | $203,000 | $213,000 | $223,000 | $234,000 | $246,000 | $258,000 | $2,100,000 |
Expense/ Investment
| Category | Y1 | Y2 | Y3 | Y4 | Y5 | Y6 | Y7 | Y8 | Y9 | Y10 | Total |
|---|---|---|---|---|---|---|---|---|---|---|---|
| deposit | $10,000 | - | - | - | - | - | - | - | - | - | $10,000 |
| remaining balance payment | $380,000 | - | - | - | - | - | - | - | - | - | $380,000 |
| closing cost | $110,000 | - | - | - | - | - | - | - | - | - | $110,000 |
| operating expense | $13,000 | $20,000 | $21,000 | $21,000 | $22,000 | $23,000 | $23,000 | $24,000 | $25,000 | $26,000 | $218,000 |
| mortgage payment | $63,000 | $95,000 | $95,000 | $95,000 | $95,000 | $95,000 | $95,000 | $95,000 | $95,000 | $95,000 | $916,000 |
| total expense investment | $576,000 | $115,000 | $116,000 | $116,000 | $117,000 | $118,000 | $118,000 | $119,000 | $120,000 | $121,000 | $1,635,000 |
Other
| Category | Y1 | Y2 | Y3 | Y4 | Y5 | Y6 | Y7 | Y8 | Y9 | Y10 | Total |
|---|---|---|---|---|---|---|---|---|---|---|---|
| net gain loss | -$406,117 | $61,000 | $69,000 | $77,000 | $86,000 | $95,000 | $105,000 | $115,000 | $126,000 | $137,000 | $465,000 |
| cumulative roi | $26 | $45 | $60 | $74 | $87 | $99 | $110 | $121 | $131 | $141 | $894 |
Six99
Address: Toronto C15, Ontario
Price Range: $635,000 - $1,998,000
Avail. suites: 22
1—3 bd
389—1198 SqFt