Suite number:
Shibuya 638
Project:
Address:
Toronto, Ontario
Developer:
Menkes Developments Ltd.
Property type:
condo
Floor plan:
Bathrooms:
2
Bedrooms:
2
Size:
638 sqft
Occupancy Date:
Sep 2028
Price, CAD
$951,990
Available
ROI
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Investment Period: 5 years
Yearly Return on Investment in Year 5
22.35%
Cumulative Return on Investment in Year 5
103.07%
Property Price at the End of Year 5
$1,226,000
Deposit Schedule
$10,000 at Signing
Total up to 5% in 30 days
$47,600
2.5% in 90 days
$23,800
2.5% in 180 days
$23,800
2.5% in 540 days
$23,800
2.5% in 900 days
$23,800
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 | $49,000 | $52,000 | $55,000 | $58,000 | $61,000 | $64,000 | $67,000 | $71,000 | $74,000 | $78,000 | $628,000 |
| rent income | - | - | $2,000 | $19,000 | $19,000 | $20,000 | $21,000 | $22,000 | $23,000 | $24,000 | $150,000 |
| mortgage principal reduction | - | - | $958 | $12,000 | $12,000 | $13,000 | $14,000 | $14,000 | $15,000 | $16,000 | $97,000 |
| deposit interest | -$2,809 | $7,000 | $9,000 | - | - | - | - | - | - | - | $13,000 |
| gst hst rebate | - | - | - | $24,000 | - | - | - | - | - | - | $24,000 |
| total income return | $47,000 | $59,000 | $66,000 | $112,000 | $92,000 | $97,000 | $102,000 | $107,000 | $112,000 | $118,000 | $912,000 |
Expense/ Investment
| Category | Y1 | Y2 | Y3 | Y4 | Y5 | Y6 | Y7 | Y8 | Y9 | Y10 | Total |
|---|---|---|---|---|---|---|---|---|---|---|---|
| deposit | $95,000 | $24,000 | $71,000 | - | - | - | - | - | - | - | $190,000 |
| remaining balance payment | - | - | - | - | - | - | - | - | - | - | - |
| closing cost | - | - | $72,000 | - | - | - | - | - | - | - | $72,000 |
| operating expense | - | - | $841 | $10,000 | $10,000 | $11,000 | $11,000 | $11,000 | $11,000 | $12,000 | $77,000 |
| mortgage payment | - | - | $4,000 | $48,000 | $48,000 | $48,000 | $48,000 | $48,000 | $48,000 | $48,000 | $338,000 |
| total expense investment | $95,000 | $24,000 | $148,000 | $58,000 | $58,000 | $58,000 | $58,000 | $59,000 | $59,000 | $59,000 | $676,000 |
Other
| Category | Y1 | Y2 | Y3 | Y4 | Y5 | Y6 | Y7 | Y8 | Y9 | Y10 | Total |
|---|---|---|---|---|---|---|---|---|---|---|---|
| net gain loss | -$48,646 | $35,000 | -$81,716 | $54,000 | $34,000 | $39,000 | $43,000 | $48,000 | $53,000 | $59,000 | $236,000 |
| cumulative roi | $52 | $89 | $68 | $92 | $103 | $113 | $123 | $132 | $141 | $149 | $1,000 |
Elektra Condos
Address: Toronto, Ontario
Price Range: $594,000 - $1,271,000
Avail. suites: 17
0—3 bd
375—909 SqFt