Suite number:
2R
Project:
Address:
Toronto, Ontario
Developer:
Tridel
Property type:
condo
Floor plan:
Bathrooms:
2
Bedrooms:
2
Size:
929 sqft
Occupancy Date:
Jan 2028
Price, CAD
$1,450,000
Available
ROI
Want to own a unit? —
Investment Period: 5 years
Yearly Return on Investment in Year 5
22.29%
Cumulative Return on Investment in Year 5
103.13%
Property Price at the End of Year 5
$1,868,000
Deposit Schedule
$5 at Signing
Total up to 5% in 120 days
$72,500
5% in 365 days
$72,500
5% on Occupancy
$72,500
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 | $75,000 | $79,000 | $83,000 | $88,000 | $92,000 | $97,000 | $102,000 | $108,000 | $113,000 | $119,000 | $957,000 |
| rent income | - | - | $14,000 | $28,000 | $29,000 | $30,000 | $31,000 | $33,000 | $34,000 | $36,000 | $234,000 |
| mortgage principal reduction | - | - | $9,000 | $18,000 | $19,000 | $20,000 | $21,000 | $22,000 | $23,000 | $24,000 | $157,000 |
| deposit interest | $8,000 | $8,000 | $12,000 | - | - | - | - | - | - | - | $27,000 |
| gst hst rebate | - | - | $24,000 | - | - | - | - | - | - | - | $24,000 |
| total income return | $83,000 | $87,000 | $142,000 | $134,000 | $140,000 | $147,000 | $155,000 | $162,000 | $170,000 | $179,000 | $1,400,000 |
Expense/ Investment
| Category | Y1 | Y2 | Y3 | Y4 | Y5 | Y6 | Y7 | Y8 | Y9 | Y10 | Total |
|---|---|---|---|---|---|---|---|---|---|---|---|
| deposit | $145,000 | - | $73,000 | - | - | - | - | - | - | - | $218,000 |
| remaining balance payment | - | - | $73,000 | - | - | - | - | - | - | - | $73,000 |
| closing cost | - | - | $91,000 | - | - | - | - | - | - | - | $91,000 |
| operating expense | - | - | $8,000 | $16,000 | $16,000 | $17,000 | $17,000 | $17,000 | $18,000 | $18,000 | $127,000 |
| mortgage payment | - | - | $36,000 | $73,000 | $73,000 | $73,000 | $73,000 | $73,000 | $73,000 | $73,000 | $545,000 |
| total expense investment | $145,000 | - | $281,000 | $88,000 | $89,000 | $89,000 | $90,000 | $90,000 | $90,000 | $91,000 | $1,053,000 |
Other
| Category | Y1 | Y2 | Y3 | Y4 | Y5 | Y6 | Y7 | Y8 | Y9 | Y10 | Total |
|---|---|---|---|---|---|---|---|---|---|---|---|
| net gain loss | -$62,054 | $87,000 | -$138,480 | $45,000 | $52,000 | $58,000 | $65,000 | $72,000 | $80,000 | $88,000 | $347,000 |
| cumulative roi | $57 | $117 | $79 | $92 | $103 | $113 | $122 | $131 | $140 | $148 | $1,000 |
6080 Yonge Condos
Address: Toronto, Ontario
Price Range: $699,000 - $1,560,000
Avail. suites: 13
0—3 bd
328—1546 SqFt