Suite number:
1+F 2 (LSQ 2)
Project:
Address:
Toronto, Ontario
Developer:
Almadev
Property type:
condo
Floor plan:
Bathrooms:
2
Bedrooms:
2
Size:
626 sqft
Occupancy Date:
Jan 2029
Price, CAD
$696,900
Available
ROI
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Investment Period: 5 years
Yearly Return on Investment in Year 5
22.45%
Cumulative Return on Investment in Year 5
105.46%
Property Price at the End of Year 5
$898,000
Deposit Schedule
$10,000 at Signing
Total up to 0% in 60 days
$3,000
10% in 365 days
$69,690
5% in 820 days
$34,845
0% on Occupancy
$3,000
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 | $36,000 | $38,000 | $40,000 | $42,000 | $44,000 | $47,000 | $49,000 | $52,000 | $54,000 | $57,000 | $460,000 |
rent income | - | - | - | $12,000 | $19,000 | $20,000 | $20,000 | $21,000 | $22,000 | $23,000 | $137,000 |
mortgage principal reduction | - | - | - | $6,000 | $9,000 | $9,000 | $10,000 | $10,000 | $11,000 | $11,000 | $66,000 |
deposit interest | $216 | $4,000 | $5,000 | $1,000 | - | - | - | - | - | - | $11,000 |
gst hst rebate | - | - | - | $24,000 | - | - | - | - | - | - | $24,000 |
total income return | $36,000 | $42,000 | $45,000 | $85,000 | $72,000 | $76,000 | $79,000 | $83,000 | $87,000 | $92,000 | $698,000 |
Expense/ Investment
Category | Y1 | Y2 | Y3 | Y4 | Y5 | Y6 | Y7 | Y8 | Y9 | Y10 | Total |
---|---|---|---|---|---|---|---|---|---|---|---|
deposit | $3,000 | $70,000 | $35,000 | $3,000 | - | - | - | - | - | - | $111,000 |
remaining balance payment | - | - | - | $29,000 | - | - | - | - | - | - | $29,000 |
closing cost | - | - | - | $61,000 | - | - | - | - | - | - | $61,000 |
operating expense | - | - | - | $6,000 | $9,000 | $9,000 | $10,000 | $10,000 | $10,000 | $10,000 | $64,000 |
mortgage payment | - | - | - | $23,000 | $35,000 | $35,000 | $35,000 | $35,000 | $35,000 | $35,000 | $233,000 |
total expense investment | $3,000 | $70,000 | $35,000 | $122,000 | $44,000 | $44,000 | $44,000 | $45,000 | $45,000 | $45,000 | $497,000 |
Other
Category | Y1 | Y2 | Y3 | Y4 | Y5 | Y6 | Y7 | Y8 | Y9 | Y10 | Total |
---|---|---|---|---|---|---|---|---|---|---|---|
net gain loss | $33,000 | -$27,796 | $11,000 | -$36,980 | $28,000 | $31,000 | $35,000 | $39,000 | $42,000 | $46,000 | $201,000 |
cumulative roi | $364 | $98 | $108 | $93 | $105 | $117 | $128 | $138 | $148 | $158 | $1,000 |
LSQ 1 & 2
Address: Toronto, Ontario
Price Range: $600,000 - $1,216,000
Avail. suites: 29
1—3.5 bd
459—1134 SqFt