Suite number:
B-564
Project:
Address:
Toronto, Ontario
Developer:
Equiton Developments
Property type:
condo
Floor plan:
Bathrooms:
1
Bedrooms:
1
Size:
564 sqft
Occupancy Date:
Oct 2027
Price, CAD
$694,900
Available
ROI
Want to own a unit? —
Investment Period: 5 years
Yearly Return on Investment in Year 5
19.68%
Cumulative Return on Investment in Year 5
93.59%
Property Price at the End of Year 5
$895,000
Deposit Schedule
$5,000 at Signing
Total up to 10% in 360 days
$69,490
2.5% in 540 days
$17,373
2.5% on Occupancy
$17,373
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 | $36,000 | $38,000 | $40,000 | $42,000 | $44,000 | $47,000 | $49,000 | $52,000 | $54,000 | $57,000 | $459,000 |
| rent income | - | - | $10,000 | $14,000 | $14,000 | $15,000 | $15,000 | $16,000 | $17,000 | $17,000 | $118,000 |
| mortgage principal reduction | - | - | $6,000 | $9,000 | $9,000 | $10,000 | $10,000 | $11,000 | $11,000 | $12,000 | $78,000 |
| deposit interest | $315 | $5,000 | $918 | - | - | - | - | - | - | - | $6,000 |
| gst hst rebate | - | - | $24,000 | - | - | - | - | - | - | - | $24,000 |
| total income return | $36,000 | $43,000 | $81,000 | $65,000 | $68,000 | $71,000 | $75,000 | $78,000 | $82,000 | $86,000 | $685,000 |
Expense/ Investment
| Category | Y1 | Y2 | Y3 | Y4 | Y5 | Y6 | Y7 | Y8 | Y9 | Y10 | Total |
|---|---|---|---|---|---|---|---|---|---|---|---|
| deposit | $69,000 | $35,000 | - | - | - | - | - | - | - | - | $104,000 |
| remaining balance payment | - | - | $35,000 | - | - | - | - | - | - | - | $35,000 |
| closing cost | - | - | $61,000 | - | - | - | - | - | - | - | $61,000 |
| operating expense | - | - | $6,000 | $8,000 | $8,000 | $8,000 | $9,000 | $9,000 | $9,000 | $9,000 | $66,000 |
| mortgage payment | - | - | $26,000 | $35,000 | $35,000 | $35,000 | $35,000 | $35,000 | $35,000 | $35,000 | $270,000 |
| total expense investment | $69,000 | $35,000 | $128,000 | $43,000 | $43,000 | $43,000 | $43,000 | $44,000 | $44,000 | $44,000 | $536,000 |
Other
| Category | Y1 | Y2 | Y3 | Y4 | Y5 | Y6 | Y7 | Y8 | Y9 | Y10 | Total |
|---|---|---|---|---|---|---|---|---|---|---|---|
| net gain loss | -$33,040 | $8,000 | -$46,868 | $22,000 | $25,000 | $28,000 | $31,000 | $35,000 | $38,000 | $42,000 | $149,000 |
| cumulative roi | $52 | $76 | $70 | $83 | $94 | $103 | $113 | $121 | $130 | $138 | $981 |
Maxium Condos
Address: Toronto, Ontario
Price Range: $400,000 - $1,450,000
Avail. suites: 46
0—3.5 bd
337—1156 SqFt