Suite number:
1011 - 2B 1046
Project:
Address:
Toronto, Ontario
Developer:
Almadev
Property type:
condo
Floor plan:
Bathrooms:
2
Bedrooms:
2
Size:
1046 sqft
Occupancy Date:
Sep 2026
Price, CAD
$1,154,900
Available
ROI
Want to own a unit? —
Investment Period: 5 years
Yearly Return on Investment in Year 5
19.18%
Cumulative Return on Investment in Year 5
89.39%
Property Price at the End of Year 5
$1,488,000
Deposit Schedule
$10,000 at Signing
Total up to 5% in 30 days
$57,745
5% on Occupancy
$57,745
Net Gain (Loss)
Get Expert Advice
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 | $60,000 | $63,000 | $66,000 | $70,000 | $74,000 | $77,000 | $81,000 | $86,000 | $90,000 | $95,000 | $762,000 |
| rent income | $3,000 | $31,000 | $32,000 | $33,000 | $35,000 | $36,000 | $38,000 | $39,000 | $41,000 | $43,000 | $330,000 |
| mortgage principal reduction | $1,000 | $14,000 | $15,000 | $16,000 | $17,000 | $17,000 | $18,000 | $19,000 | $20,000 | $21,000 | $158,000 |
| deposit interest | $14 | - | - | - | - | - | - | - | - | - | $14 |
| gst hst rebate | - | $24,000 | - | - | - | - | - | - | - | - | $24,000 |
| total income return | $64,000 | $132,000 | $113,000 | $119,000 | $125,000 | $131,000 | $137,000 | $144,000 | $151,000 | $158,000 | $1,274,000 |
Expense/ Investment
| Category | Y1 | Y2 | Y3 | Y4 | Y5 | Y6 | Y7 | Y8 | Y9 | Y10 | Total |
|---|---|---|---|---|---|---|---|---|---|---|---|
| deposit | $115,000 | - | - | - | - | - | - | - | - | - | $115,000 |
| remaining balance payment | $115,000 | - | - | - | - | - | - | - | - | - | $115,000 |
| closing cost | $80,000 | - | - | - | - | - | - | - | - | - | $80,000 |
| operating expense | $1,000 | $14,000 | $14,000 | $15,000 | $15,000 | $15,000 | $16,000 | $16,000 | $16,000 | $17,000 | $139,000 |
| mortgage payment | $5,000 | $58,000 | $58,000 | $58,000 | $58,000 | $58,000 | $58,000 | $58,000 | $58,000 | $58,000 | $525,000 |
| total expense investment | $317,000 | $72,000 | $72,000 | $72,000 | $73,000 | $73,000 | $74,000 | $74,000 | $74,000 | $75,000 | $975,000 |
Other
| Category | Y1 | Y2 | Y3 | Y4 | Y5 | Y6 | Y7 | Y8 | Y9 | Y10 | Total |
|---|---|---|---|---|---|---|---|---|---|---|---|
| net gain loss | -$253,011 | $60,000 | $41,000 | $46,000 | $52,000 | $58,000 | $64,000 | $70,000 | $77,000 | $84,000 | $299,000 |
| cumulative roi | $19 | $46 | $62 | $76 | $89 | $102 | $113 | $125 | $136 | $147 | $916 |
Galleria 3 Condos
Address: Toronto, Ontario
Price Range: $625,000 - $2,000,000
Avail. suites: 34
0—3.5 bd
395—1426 SqFt