Suite number:
501 - Classic Series II - Terrace Suites
Project:
Address:
Toronto C01, Ontario
Developer:
Tridel
Property type:
condo
Floor plan:
Bathrooms:
2.5
Bedrooms:
2
Size:
1326 sqft
Occupancy Date:
Mar 2023
Price, CAD
$1,870,000
Available
ROI
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Investment Period: 5 years
Yearly Return on Investment in Year 5
32.09%
Cumulative Return on Investment in Year 5
157.43%
Property Price at the End of Year 5
$2,409,000
Deposit Schedule
$5 at Signing
Total up to 5% in 60 days
$93,500
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 | $97,000 | $102,000 | $108,000 | $113,000 | $119,000 | $125,000 | $132,000 | $139,000 | $146,000 | $153,000 | $1,235,000 |
| rent income | - | - | - | - | - | - | - | - | - | - | - |
| mortgage principal reduction | $81,000 | $27,000 | $28,000 | $30,000 | $31,000 | $33,000 | $34,000 | $36,000 | $38,000 | $40,000 | $378,000 |
| deposit interest | - | - | - | - | - | - | - | - | - | - | - |
| gst hst rebate | - | - | - | - | - | - | - | - | - | - | - |
| total income return | $179,000 | $129,000 | $136,000 | $143,000 | $150,000 | $158,000 | $166,000 | $175,000 | $184,000 | $193,000 | $1,612,000 |
Expense/ Investment
| Category | Y1 | Y2 | Y3 | Y4 | Y5 | Y6 | Y7 | Y8 | Y9 | Y10 | Total |
|---|---|---|---|---|---|---|---|---|---|---|---|
| deposit | - | - | - | - | - | - | - | - | - | - | - |
| remaining balance payment | - | - | - | - | - | - | - | - | - | - | - |
| closing cost | - | - | - | - | - | - | - | - | - | - | - |
| operating expense | - | - | - | - | - | - | - | - | - | - | - |
| mortgage payment | $94,000 | $94,000 | $94,000 | $94,000 | $94,000 | $94,000 | $94,000 | $94,000 | $94,000 | $94,000 | $936,000 |
| total expense investment | $94,000 | $94,000 | $94,000 | $94,000 | $94,000 | $94,000 | $94,000 | $94,000 | $94,000 | $94,000 | $936,000 |
Other
| Category | Y1 | Y2 | Y3 | Y4 | Y5 | Y6 | Y7 | Y8 | Y9 | Y10 | Total |
|---|---|---|---|---|---|---|---|---|---|---|---|
| net gain loss | $85,000 | $36,000 | $42,000 | $49,000 | $57,000 | $64,000 | $72,000 | $81,000 | $90,000 | $99,000 | $676,000 |
| cumulative roi | $191 | $164 | $158 | $157 | $157 | $159 | $162 | $165 | $168 | $172 | $2,000 |
Tridel at The Well
Address: Toronto C01, Ontario
Price Range: $1,305,000 - $3,810,000
Avail. suites: 25
1—3.5 bd
509—3259 SqFt