Suite number:
1BDZC
Project:
Address:
Toronto, Ontario
Developer:
Mattamy Homes Canada
Property type:
condo
Floor plan:
Bathrooms:
2
Bedrooms:
1.5
Size:
635 sqft
Occupancy Date:
Dec 2028
Price, CAD
$705,990
Available
ROI
Want to own a unit? —
Investment Period: 5 years
Yearly Return on Investment in Year 5
23.35%
Cumulative Return on Investment in Year 5
106.81%
Property Price at the End of Year 5
$910,000
Deposit Schedule
$5,000 at Signing
Total up to 5% in 30 days
$35,300
2.5% in 210 days
$17,650
2.5% in 600 days
$17,650
10% on Occupancy
$70,599
Net Gain (Loss)
Get Expert Advice
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 | $37,000 | $39,000 | $41,000 | $43,000 | $45,000 | $47,000 | $50,000 | $52,000 | $55,000 | $58,000 | $466,000 |
| rent income | - | - | - | $13,000 | $23,000 | $24,000 | $25,000 | $26,000 | $27,000 | $28,000 | $165,000 |
| mortgage principal reduction | - | - | - | $5,000 | $9,000 | $9,000 | $10,000 | $10,000 | $11,000 | $11,000 | $66,000 |
| deposit interest | -$3,907 | $4,000 | $4,000 | $1,000 | - | - | - | - | - | - | $5,000 |
| gst hst rebate | - | - | - | $24,000 | - | - | - | - | - | - | $24,000 |
| total income return | $33,000 | $43,000 | $44,000 | $86,000 | $77,000 | $80,000 | $84,000 | $88,000 | $93,000 | $97,000 | $726,000 |
Expense/ Investment
| Category | Y1 | Y2 | Y3 | Y4 | Y5 | Y6 | Y7 | Y8 | Y9 | Y10 | Total |
|---|---|---|---|---|---|---|---|---|---|---|---|
| deposit | $53,000 | $18,000 | - | $71,000 | - | - | - | - | - | - | $141,000 |
| remaining balance payment | - | - | - | - | - | - | - | - | - | - | - |
| closing cost | - | - | - | $62,000 | - | - | - | - | - | - | $62,000 |
| operating expense | - | - | - | $5,000 | $9,000 | $10,000 | $10,000 | $10,000 | $10,000 | $10,000 | $65,000 |
| mortgage payment | - | - | - | $21,000 | $35,000 | $35,000 | $35,000 | $35,000 | $35,000 | $35,000 | $233,000 |
| total expense investment | $53,000 | $18,000 | - | $158,000 | $45,000 | $45,000 | $45,000 | $45,000 | $46,000 | $46,000 | $500,000 |
Other
| Category | Y1 | Y2 | Y3 | Y4 | Y5 | Y6 | Y7 | Y8 | Y9 | Y10 | Total |
|---|---|---|---|---|---|---|---|---|---|---|---|
| net gain loss | -$20,145 | $25,000 | $44,000 | -$72,338 | $32,000 | $36,000 | $39,000 | $43,000 | $47,000 | $52,000 | $225,000 |
| cumulative roi | $69 | $107 | $170 | $92 | $107 | $120 | $133 | $146 | $158 | $171 | $1,000 |
The Clove
Address: Toronto, Ontario
Price Range: $444,000 - $1,007,000
Avail. suites: 18
0—3.5 bd
373—1091 SqFt