Suite number:
1S+D
Project:
Address:
Toronto, Ontario
Developer:
Reserve Properties
Property type:
condo
Floor plan:
Bathrooms:
1
Bedrooms:
1.5
Size:
504 sqft
Occupancy Date:
May 2027
Price, CAD
$913,900
Available
ROI
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Investment Period: 5 years
Yearly Return on Investment in Year 5
19.17%
Cumulative Return on Investment in Year 5
89.68%
Property Price at the End of Year 5
$1,177,000
Deposit Schedule
$10,000 at Signing
Total up to 2.5% in 30 days
$22,848
2.5% in 90 days
$22,848
15% on Occupancy
$137,085
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 | $47,000 | $50,000 | $53,000 | $55,000 | $58,000 | $61,000 | $64,000 | $68,000 | $71,000 | $75,000 | $603,000 |
| rent income | - | $7,000 | $18,000 | $19,000 | $19,000 | $20,000 | $21,000 | $22,000 | $23,000 | $24,000 | $174,000 |
| mortgage principal reduction | - | $5,000 | $12,000 | $12,000 | $13,000 | $13,000 | $14,000 | $15,000 | $15,000 | $16,000 | $114,000 |
| deposit interest | $2,000 | $1,000 | - | - | - | - | - | - | - | - | $3,000 |
| gst hst rebate | - | $24,000 | - | - | - | - | - | - | - | - | $24,000 |
| total income return | $49,000 | $87,000 | $82,000 | $86,000 | $90,000 | $95,000 | $100,000 | $104,000 | $110,000 | $115,000 | $918,000 |
Expense/ Investment
| Category | Y1 | Y2 | Y3 | Y4 | Y5 | Y6 | Y7 | Y8 | Y9 | Y10 | Total |
|---|---|---|---|---|---|---|---|---|---|---|---|
| deposit | $46,000 | $137,000 | - | - | - | - | - | - | - | - | $183,000 |
| remaining balance payment | - | - | - | - | - | - | - | - | - | - | - |
| closing cost | - | $70,000 | - | - | - | - | - | - | - | - | $70,000 |
| operating expense | - | $4,000 | $9,000 | $9,000 | $9,000 | $9,000 | $9,000 | $10,000 | $10,000 | $10,000 | $78,000 |
| mortgage payment | - | $19,000 | $46,000 | $46,000 | $46,000 | $46,000 | $46,000 | $46,000 | $46,000 | $46,000 | $385,000 |
| total expense investment | $46,000 | $230,000 | $54,000 | $55,000 | $55,000 | $55,000 | $55,000 | $55,000 | $56,000 | $56,000 | $716,000 |
Other
| Category | Y1 | Y2 | Y3 | Y4 | Y5 | Y6 | Y7 | Y8 | Y9 | Y10 | Total |
|---|---|---|---|---|---|---|---|---|---|---|---|
| net gain loss | $3,000 | -$142,435 | $28,000 | $31,000 | $36,000 | $40,000 | $44,000 | $49,000 | $54,000 | $59,000 | $202,000 |
| cumulative roi | $108 | $49 | $65 | $78 | $90 | $100 | $110 | $120 | $130 | $139 | $989 |
8 Elm on Yonge
Address: Toronto, Ontario
Price Range: $711,000 - $1,545,000
Avail. suites: 18
0—3.5 bd
292—998 SqFt