Suite number:
SUITE 14 Level 2
Project:
Address:
Toronto C07, Ontario
Developer:
Addington Developments
Property type:
condo
Bathrooms:
1
Bedrooms:
0
Size:
395 sqft
Occupancy Date:
Jan 2027
Price, CAD
$582,900
Available
ROI
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Investment Period: 5 years
Yearly Return on Investment in Year 5
18.73%
Cumulative Return on Investment in Year 5
91.04%
Property Price at the End of Year 5
$751,000
Deposit Schedule
$10,000 at Signing
Total up to 5% in 30 days
$29,145
5% in 120 days
$29,145
10% on Occupancy
$58,290
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 | $30,000 | $32,000 | $34,000 | $35,000 | $37,000 | $39,000 | $41,000 | $43,000 | $45,000 | $48,000 | $385,000 |
| rent income | - | - | $6,000 | $7,000 | $8,000 | $8,000 | $8,000 | $9,000 | $9,000 | $9,000 | $64,000 |
| mortgage principal reduction | - | - | $7,000 | $8,000 | $8,000 | $9,000 | $9,000 | $9,000 | $10,000 | $10,000 | $70,000 |
| deposit interest | $2,000 | $3,000 | $241 | - | - | - | - | - | - | - | $5,000 |
| gst hst rebate | - | - | $24,000 | - | - | - | - | - | - | - | $24,000 |
| total income return | $32,000 | $35,000 | $71,000 | $50,000 | $53,000 | $55,000 | $58,000 | $61,000 | $64,000 | $67,000 | $548,000 |
Expense/ Investment
| Category | Y1 | Y2 | Y3 | Y4 | Y5 | Y6 | Y7 | Y8 | Y9 | Y10 | Total |
|---|---|---|---|---|---|---|---|---|---|---|---|
| deposit | $58,000 | - | $58,000 | - | - | - | - | - | - | - | $117,000 |
| remaining balance payment | - | - | - | - | - | - | - | - | - | - | - |
| closing cost | - | - | $55,000 | - | - | - | - | - | - | - | $55,000 |
| operating expense | - | - | $5,000 | $5,000 | $6,000 | $6,000 | $6,000 | $6,000 | $6,000 | $7,000 | $47,000 |
| mortgage payment | - | - | $26,000 | $28,000 | $28,000 | $28,000 | $28,000 | $28,000 | $28,000 | $28,000 | $224,000 |
| total expense investment | $58,000 | - | $144,000 | $34,000 | $34,000 | $34,000 | $34,000 | $35,000 | $35,000 | $35,000 | $443,000 |
Other
| Category | Y1 | Y2 | Y3 | Y4 | Y5 | Y6 | Y7 | Y8 | Y9 | Y10 | Total |
|---|---|---|---|---|---|---|---|---|---|---|---|
| net gain loss | -$26,040 | $35,000 | -$73,411 | $16,000 | $19,000 | $21,000 | $24,000 | $27,000 | $29,000 | $32,000 | $104,000 |
| cumulative roi | $55 | $115 | $70 | $81 | $91 | $100 | $108 | $116 | $123 | $130 | $989 |
Addington Park Condos
Address: Toronto C07, Ontario
Price Range: $539,000 - $1,330,000
Avail. suites: 52
0—2.5 bd
365—895 SqFt