Suite number:
1BDJ
Project:
Address:
Toronto, Ontario
Developer:
Mattamy Homes Canada
Property type:
condo
Floor plan:
Bathrooms:
1
Bedrooms:
1.5
Size:
579 sqft
Occupancy Date:
Dec 2028
Price, CAD
$672,990
Available
ROI
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Investment Period: 5 years
Yearly Return on Investment in Year 5
22.55%
Cumulative Return on Investment in Year 5
104.24%
Property Price at the End of Year 5
$867,000
Deposit Schedule
$5,000 at Signing
Total up to 5% in 30 days
$33,650
2.5% in 210 days
$16,825
2.5% in 600 days
$16,825
10% on Occupancy
$67,299
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 | $35,000 | $37,000 | $39,000 | $41,000 | $43,000 | $45,000 | $47,000 | $50,000 | $52,000 | $55,000 | $444,000 |
rent income | - | - | - | $17,000 | $21,000 | $22,000 | $23,000 | $24,000 | $25,000 | $26,000 | $157,000 |
mortgage principal reduction | - | - | - | $7,000 | $9,000 | $9,000 | $10,000 | $10,000 | $10,000 | $11,000 | $65,000 |
deposit interest | -$3,393 | $4,000 | $3,000 | $512 | - | - | - | - | - | - | $4,000 |
gst hst rebate | - | - | - | $24,000 | - | - | - | - | - | - | $24,000 |
total income return | $32,000 | $41,000 | $42,000 | $89,000 | $72,000 | $76,000 | $80,000 | $84,000 | $88,000 | $92,000 | $695,000 |
Expense/ Investment
Category | Y1 | Y2 | Y3 | Y4 | Y5 | Y6 | Y7 | Y8 | Y9 | Y10 | Total |
---|---|---|---|---|---|---|---|---|---|---|---|
deposit | $50,000 | $17,000 | - | $67,000 | - | - | - | - | - | - | $135,000 |
remaining balance payment | - | - | - | - | - | - | - | - | - | - | - |
closing cost | - | - | - | $60,000 | - | - | - | - | - | - | $60,000 |
operating expense | - | - | - | $7,000 | $9,000 | $9,000 | $9,000 | $9,000 | $9,000 | $10,000 | $62,000 |
mortgage payment | - | - | - | $28,000 | $34,000 | $34,000 | $34,000 | $34,000 | $34,000 | $34,000 | $230,000 |
total expense investment | $50,000 | $17,000 | - | $163,000 | $42,000 | $43,000 | $43,000 | $43,000 | $43,000 | $43,000 | $487,000 |
Other
Category | Y1 | Y2 | Y3 | Y4 | Y5 | Y6 | Y7 | Y8 | Y9 | Y10 | Total |
---|---|---|---|---|---|---|---|---|---|---|---|
net gain loss | -$18,972 | $24,000 | $42,000 | -$73,826 | $30,000 | $33,000 | $37,000 | $41,000 | $45,000 | $49,000 | $208,000 |
cumulative roi | $69 | $107 | $170 | $90 | $104 | $117 | $130 | $142 | $154 | $166 | $1,000 |
The Clove
Address: Toronto, Ontario
Price Range: $444,000 - $1,007,000
Avail. suites: 18
0—3.5 bd
373—1091 SqFt