Suite number:
C496 - 315
Project:
Address:
Toronto, Ontario
Developer:
Originate Developments
Property type:
condo
Floor plan:
Bathrooms:
1
Bedrooms:
2
Size:
496 sqft
Occupancy Date:
Jan 2027
Price, CAD
$793,990
Available
ROI
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Investment Period: 5 years
Yearly Return on Investment in Year 5
24.87%
Cumulative Return on Investment in Year 5
118.97%
Property Price at the End of Year 5
$1,023,000
Deposit Schedule
$10,000 at Signing
Total up to 5% in -491 days
$39,700
5% in -126 days
$39,700
5% in 15 days
$39,700
5% on Occupancy
$39,700
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 | $42,000 | $43,000 | $46,000 | $48,000 | $51,000 | $53,000 | $56,000 | $59,000 | $62,000 | $65,000 | $525,000 |
| rent income | - | $6,000 | $15,000 | $15,000 | $16,000 | $17,000 | $17,000 | $18,000 | $19,000 | $20,000 | $143,000 |
| mortgage principal reduction | - | $4,000 | $10,000 | $10,000 | $11,000 | $12,000 | $12,000 | $13,000 | $13,000 | $14,000 | $99,000 |
| deposit interest | $5,000 | $1,000 | - | - | - | - | - | - | - | - | $6,000 |
| gst hst rebate | - | $24,000 | - | - | - | - | - | - | - | - | $24,000 |
| total income return | $46,000 | $79,000 | $70,000 | $74,000 | $78,000 | $81,000 | $85,000 | $90,000 | $94,000 | $99,000 | $796,000 |
Expense/ Investment
| Category | Y1 | Y2 | Y3 | Y4 | Y5 | Y6 | Y7 | Y8 | Y9 | Y10 | Total |
|---|---|---|---|---|---|---|---|---|---|---|---|
| deposit | $40,000 | $40,000 | - | - | - | - | - | - | - | - | $79,000 |
| remaining balance payment | - | - | - | - | - | - | - | - | - | - | - |
| closing cost | - | $65,000 | - | - | - | - | - | - | - | - | $65,000 |
| operating expense | - | $3,000 | $8,000 | $8,000 | $8,000 | $8,000 | $9,000 | $9,000 | $9,000 | $9,000 | $72,000 |
| mortgage payment | - | $17,000 | $40,000 | $40,000 | $40,000 | $40,000 | $40,000 | $40,000 | $40,000 | $40,000 | $335,000 |
| total expense investment | $40,000 | $125,000 | $48,000 | $48,000 | $48,000 | $48,000 | $48,000 | $49,000 | $49,000 | $49,000 | $551,000 |
Other
| Category | Y1 | Y2 | Y3 | Y4 | Y5 | Y6 | Y7 | Y8 | Y9 | Y10 | Total |
|---|---|---|---|---|---|---|---|---|---|---|---|
| net gain loss | $6,000 | -$46,212 | $23,000 | $26,000 | $30,000 | $33,000 | $37,000 | $41,000 | $45,000 | $50,000 | $245,000 |
| cumulative roi | $116 | $79 | $95 | $108 | $119 | $129 | $138 | $146 | $155 | $163 | $1,000 |
Reside on Richmond
Address: Toronto, Ontario
Price Range: $552,000 - $1,434,000
Avail. suites: 21
0—3 bd
349—1091 SqFt