Suite number:
1610A
Project:
Address:
Toronto, Ontario
Developer:
Almadev
Property type:
condo
Floor plan:
Bathrooms:
2.5
Bedrooms:
3.5
Size:
1108 sqft
Occupancy Date:
Jan 2024
Status
This property is sold
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Investment Period: 5 years
Yearly Return on Investment in Year 5
31.82%
Cumulative Return on Investment in Year 5
151.46%
Property Price at the End of Year 5
$1,392,000
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 | $56,000 | $59,000 | $62,000 | $65,000 | $69,000 | $72,000 | $76,000 | $80,000 | $84,000 | $89,000 | $713,000 |
| rent income | - | - | - | - | - | - | - | - | - | - | - |
| mortgage principal reduction | $33,000 | $15,000 | $16,000 | $16,000 | $17,000 | $18,000 | $19,000 | $20,000 | $21,000 | $22,000 | $197,000 |
| deposit interest | - | - | - | - | - | - | - | - | - | - | - |
| gst hst rebate | - | - | - | - | - | - | - | - | - | - | - |
| total income return | $90,000 | $74,000 | $78,000 | $82,000 | $86,000 | $90,000 | $95,000 | $100,000 | $105,000 | $110,000 | $911,000 |
Expense/ Investment
| Category | Y1 | Y2 | Y3 | Y4 | Y5 | Y6 | Y7 | Y8 | Y9 | Y10 | Total |
|---|---|---|---|---|---|---|---|---|---|---|---|
| deposit | - | - | - | - | - | - | - | - | - | - | - |
| remaining balance payment | - | - | - | - | - | - | - | - | - | - | - |
| closing cost | - | - | - | - | - | - | - | - | - | - | - |
| operating expense | - | - | - | - | - | - | - | - | - | - | - |
| mortgage payment | $54,000 | $54,000 | $54,000 | $54,000 | $54,000 | $54,000 | $54,000 | $54,000 | $54,000 | $54,000 | $541,000 |
| total expense investment | $54,000 | $54,000 | $54,000 | $54,000 | $54,000 | $54,000 | $54,000 | $54,000 | $54,000 | $54,000 | $541,000 |
Other
| Category | Y1 | Y2 | Y3 | Y4 | Y5 | Y6 | Y7 | Y8 | Y9 | Y10 | Total |
|---|---|---|---|---|---|---|---|---|---|---|---|
| net gain loss | $36,000 | $20,000 | $24,000 | $28,000 | $32,000 | $36,000 | $41,000 | $46,000 | $51,000 | $56,000 | $370,000 |
| cumulative roi | $166 | $151 | $149 | $150 | $151 | $154 | $157 | $161 | $164 | $168 | $2,000 |
Galleria 01
Address: Toronto, Ontario
Price Range: $530,000 - $1,000,000
Avail. suites: 6
1—3.5 bd
496—1108 SqFt