Suite number:
B-525
Project:
Address:
Toronto, Ontario
Developer:
Equiton Developments
Property type:
condo
Floor plan:
Bathrooms:
1
Bedrooms:
1
Size:
525 sqft
Occupancy Date:
Oct 2027
Price, CAD
$639,900
Available
ROI
Want to own a unit? —
Investment Period: 5 years
Yearly Return on Investment in Year 5
19.68%
Cumulative Return on Investment in Year 5
94.34%
Property Price at the End of Year 5
$824,000
Deposit Schedule
$5,000 at Signing
Total up to 10% in 360 days
$63,990
2.5% in 540 days
$15,998
2.5% on Occupancy
$15,998
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 | $33,000 | $35,000 | $37,000 | $39,000 | $41,000 | $43,000 | $45,000 | $47,000 | $50,000 | $53,000 | $422,000 |
rent income | - | - | $8,000 | $13,000 | $13,000 | $14,000 | $14,000 | $15,000 | $16,000 | $16,000 | $108,000 |
mortgage principal reduction | - | - | $5,000 | $8,000 | $9,000 | $9,000 | $9,000 | $10,000 | $10,000 | $11,000 | $71,000 |
deposit interest | $293 | $4,000 | $1,000 | - | - | - | - | - | - | - | $6,000 |
gst hst rebate | - | - | $24,000 | - | - | - | - | - | - | - | $24,000 |
total income return | $33,000 | $39,000 | $76,000 | $59,000 | $62,000 | $66,000 | $69,000 | $72,000 | $76,000 | $80,000 | $632,000 |
Expense/ Investment
Category | Y1 | Y2 | Y3 | Y4 | Y5 | Y6 | Y7 | Y8 | Y9 | Y10 | Total |
---|---|---|---|---|---|---|---|---|---|---|---|
deposit | $64,000 | $32,000 | - | - | - | - | - | - | - | - | $96,000 |
remaining balance payment | - | - | $32,000 | - | - | - | - | - | - | - | $32,000 |
closing cost | - | - | $59,000 | - | - | - | - | - | - | - | $59,000 |
operating expense | - | - | $5,000 | $7,000 | $8,000 | $8,000 | $8,000 | $8,000 | $8,000 | $9,000 | $61,000 |
mortgage payment | - | - | $21,000 | $32,000 | $32,000 | $32,000 | $32,000 | $32,000 | $32,000 | $32,000 | $246,000 |
total expense investment | $64,000 | $32,000 | $117,000 | $39,000 | $40,000 | $40,000 | $40,000 | $40,000 | $40,000 | $41,000 | $493,000 |
Other
Category | Y1 | Y2 | Y3 | Y4 | Y5 | Y6 | Y7 | Y8 | Y9 | Y10 | Total |
---|---|---|---|---|---|---|---|---|---|---|---|
net gain loss | -$30,517 | $7,000 | -$41,705 | $20,000 | $23,000 | $26,000 | $29,000 | $32,000 | $35,000 | $39,000 | $138,000 |
cumulative roi | $52 | $76 | $71 | $84 | $94 | $104 | $113 | $122 | $131 | $139 | $986 |
Maxium Condos
Address: Toronto, Ontario
Price Range: $400,000 - $1,450,000
Avail. suites: 46
0—3.5 bd
337—1156 SqFt