Suite number:
1107
Project:
Address:
Toronto C15, Ontario
Developer:
Canderel Residential Inc.
Property type:
condo
Bathrooms:
1
Bedrooms:
1.5
Size:
617 sqft
Occupancy Date:
Jan 2025
$999,900
Available
Want to own a unit? —
Investment Period: 5 years
Yearly Return on Investment in Year 5
17.95%
Cumulative Return on Investment in Year 5
86.42%
Property Price at the End of Year 5
$1,288,000
Deposit Schedule
$10,000 at Signing
Total up to 5% in 30 days
$49,995
5% on Occupancy
$49,995
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 | $52,000 | $55,000 | $58,000 | $61,000 | $64,000 | $67,000 | $70,000 | $74,000 | $78,000 | $82,000 | $660,000 |
rent income | $18,000 | $22,000 | $23,000 | $24,000 | $25,000 | $27,000 | $28,000 | $29,000 | $30,000 | $31,000 | $258,000 |
mortgage principal reduction | $11,000 | $13,000 | $14,000 | $15,000 | $15,000 | $16,000 | $17,000 | $18,000 | $18,000 | $19,000 | $156,000 |
deposit interest | $54 | - | - | - | - | - | - | - | - | - | $54 |
gst hst rebate | $24,000 | - | - | - | - | - | - | - | - | - | $24,000 |
total income return | $105,000 | $91,000 | $95,000 | $100,000 | $104,000 | $110,000 | $115,000 | $121,000 | $126,000 | $133,000 | $1,098,000 |
Expense/ Investment
Category | Y1 | Y2 | Y3 | Y4 | Y5 | Y6 | Y7 | Y8 | Y9 | Y10 | Total |
---|---|---|---|---|---|---|---|---|---|---|---|
deposit | $100,000 | - | - | - | - | - | - | - | - | - | $100,000 |
remaining balance payment | $100,000 | - | - | - | - | - | - | - | - | - | $100,000 |
closing cost | $72,000 | - | - | - | - | - | - | - | - | - | $72,000 |
operating expense | $8,000 | $10,000 | $10,000 | $11,000 | $11,000 | $11,000 | $12,000 | $12,000 | $12,000 | $13,000 | $110,000 |
mortgage payment | $41,000 | $49,000 | $49,000 | $49,000 | $49,000 | $49,000 | $49,000 | $49,000 | $49,000 | $49,000 | $478,000 |
total expense investment | $321,000 | $59,000 | $59,000 | $59,000 | $60,000 | $60,000 | $60,000 | $61,000 | $61,000 | $61,000 | $861,000 |
Other
Category | Y1 | Y2 | Y3 | Y4 | Y5 | Y6 | Y7 | Y8 | Y9 | Y10 | Total |
---|---|---|---|---|---|---|---|---|---|---|---|
net gain loss | -$215,910 | $32,000 | $36,000 | $40,000 | $45,000 | $50,000 | $55,000 | $60,000 | $65,000 | $71,000 | $238,000 |
cumulative roi | $29 | $46 | $61 | $74 | $86 | $98 | $109 | $119 | $130 | $140 | $893 |
625 Sheppard Condos
Address: Toronto C15, Ontario
Price Range: $1,000,000 - $1,670,000
Avail. suites: 4
0—3 bd
358—1345 SqFt