Suite number:
B1-ALT
Project:
Address:
Toronto E08, Ontario
Developer:
Skale Developments
Property type:
condo
Floor plan:
Bathrooms:
1
Bedrooms:
1.5
Size:
484 sqft
Occupancy Date:
Mar 2028
Price, CAD
$623,000
Available
ROI
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Investment Period: 5 years
Yearly Return on Investment in Year 5
22.03%
Cumulative Return on Investment in Year 5
107.57%
Property Price at the End of Year 5
$803,000
Deposit Schedule
$10,000 at Signing
Total up to 2.5% in 30 days
$15,575
2.5% in 90 days
$15,575
2.5% in 365 days
$15,575
2.5% in 540 days
$15,575
2.5% in 720 days
$15,575
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 | $32,000 | $34,000 | $36,000 | $38,000 | $40,000 | $42,000 | $44,000 | $46,000 | $49,000 | $51,000 | $411,000 |
rent income | - | - | $4,000 | $17,000 | $18,000 | $19,000 | $19,000 | $20,000 | $21,000 | $22,000 | $140,000 |
mortgage principal reduction | - | - | $2,000 | $8,000 | $8,000 | $9,000 | $9,000 | $9,000 | $10,000 | $10,000 | $65,000 |
deposit interest | $1,000 | $6,000 | $5,000 | - | - | - | - | - | - | - | $12,000 |
gst hst rebate | - | - | $24,000 | - | - | - | - | - | - | - | $24,000 |
total income return | $34,000 | $40,000 | $71,000 | $63,000 | $66,000 | $69,000 | $72,000 | $76,000 | $80,000 | $83,000 | $653,000 |
Expense/ Investment
Category | Y1 | Y2 | Y3 | Y4 | Y5 | Y6 | Y7 | Y8 | Y9 | Y10 | Total |
---|---|---|---|---|---|---|---|---|---|---|---|
deposit | $31,000 | $47,000 | $47,000 | - | - | - | - | - | - | - | $125,000 |
remaining balance payment | - | - | - | - | - | - | - | - | - | - | - |
closing cost | - | - | $58,000 | - | - | - | - | - | - | - | $58,000 |
operating expense | - | - | $2,000 | $7,000 | $8,000 | $8,000 | $8,000 | $8,000 | $8,000 | $9,000 | $58,000 |
mortgage payment | - | - | $8,000 | $31,000 | $31,000 | $31,000 | $31,000 | $31,000 | $31,000 | $31,000 | $226,000 |
total expense investment | $31,000 | $47,000 | $115,000 | $39,000 | $39,000 | $39,000 | $39,000 | $39,000 | $40,000 | $40,000 | $467,000 |
Other
Category | Y1 | Y2 | Y3 | Y4 | Y5 | Y6 | Y7 | Y8 | Y9 | Y10 | Total |
---|---|---|---|---|---|---|---|---|---|---|---|
net gain loss | $3,000 | -$6,776 | -$43,949 | $24,000 | $27,000 | $30,000 | $33,000 | $36,000 | $40,000 | $44,000 | $185,000 |
cumulative roi | $108 | $95 | $80 | $95 | $108 | $119 | $131 | $142 | $153 | $164 | $1,000 |
Residences at Bluffers Park
Address: Toronto E08, Ontario
Price Range: $517,000 - $1,156,000
Avail. suites: 20
1—3.5 bd
430—1082 SqFt