Suite number:
1E
Project:
Address:
Toronto, Ontario
Developer:
First Avenue Properties
Property type:
condo
Floor plan:
Bathrooms:
1.5
Bedrooms:
1.5
Size:
565 sqft
Occupancy Date:
Sep 2028
Price, CAD
$579,900
Available
ROI
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Investment Period: 5 years
Yearly Return on Investment in Year 5
22.81%
Cumulative Return on Investment in Year 5
111.48%
Property Price at the End of Year 5
$747,000
Deposit Schedule
$5,000 at Signing
Total up to 5% in 30 days
$28,995
5% in 180 days
$28,995
5% in 365 days
$28,995
5% on Occupancy
$28,995
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 | $30,000 | $32,000 | $33,000 | $35,000 | $37,000 | $39,000 | $41,000 | $43,000 | $45,000 | $48,000 | $383,000 |
rent income | - | - | $2,000 | $20,000 | $21,000 | $22,000 | $22,000 | $23,000 | $24,000 | $25,000 | $159,000 |
mortgage principal reduction | - | - | $584 | $7,000 | $8,000 | $8,000 | $8,000 | $9,000 | $9,000 | $10,000 | $59,000 |
deposit interest | $2,000 | $5,000 | $4,000 | - | - | - | - | - | - | - | $11,000 |
gst hst rebate | - | - | - | $24,000 | - | - | - | - | - | - | $24,000 |
total income return | $32,000 | $37,000 | $40,000 | $86,000 | $65,000 | $68,000 | $72,000 | $75,000 | $79,000 | $83,000 | $636,000 |
Expense/ Investment
Category | Y1 | Y2 | Y3 | Y4 | Y5 | Y6 | Y7 | Y8 | Y9 | Y10 | Total |
---|---|---|---|---|---|---|---|---|---|---|---|
deposit | $58,000 | $29,000 | $29,000 | - | - | - | - | - | - | - | $116,000 |
remaining balance payment | - | - | - | - | - | - | - | - | - | - | - |
closing cost | - | - | $57,000 | - | - | - | - | - | - | - | $57,000 |
operating expense | - | - | $637 | $8,000 | $8,000 | $8,000 | $8,000 | $8,000 | $9,000 | $9,000 | $58,000 |
mortgage payment | - | - | $2,000 | $29,000 | $29,000 | $29,000 | $29,000 | $29,000 | $29,000 | $29,000 | $206,000 |
total expense investment | $58,000 | $29,000 | $89,000 | $37,000 | $37,000 | $37,000 | $37,000 | $37,000 | $38,000 | $38,000 | $437,000 |
Other
Category | Y1 | Y2 | Y3 | Y4 | Y5 | Y6 | Y7 | Y8 | Y9 | Y10 | Total |
---|---|---|---|---|---|---|---|---|---|---|---|
net gain loss | -$26,401 | $8,000 | -$49,097 | $49,000 | $28,000 | $31,000 | $34,000 | $38,000 | $41,000 | $45,000 | $199,000 |
cumulative roi | $54 | $79 | $65 | $97 | $111 | $125 | $139 | $153 | $166 | $180 | $1,000 |
Wilson West
Address: Toronto, Ontario
Price Range: $493,000 - $980,000
Avail. suites: 38
0—3 bd
457—1129 SqFt