Suite number:
Piazza 536
Project:
Address:
Toronto, Ontario
Developer:
Menkes Developments Ltd.
Property type:
condo
Floor plan:
Bathrooms:
1
Bedrooms:
1.5
Size:
536 sqft
Occupancy Date:
Sep 2028
Price, CAD
$869,990
Available
ROI
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Investment Period: 5 years
Yearly Return on Investment in Year 5
22.44%
Cumulative Return on Investment in Year 5
104.18%
Property Price at the End of Year 5
$1,121,000
Deposit Schedule
$10,000 at Signing
Total up to 5% in 30 days
$43,500
2.5% in 90 days
$21,750
2.5% in 180 days
$21,750
2.5% in 540 days
$21,750
2.5% in 900 days
$21,750
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 | $45,000 | $48,000 | $50,000 | $53,000 | $55,000 | $58,000 | $61,000 | $65,000 | $68,000 | $71,000 | $574,000 |
| rent income | - | - | $2,000 | $19,000 | $20,000 | $20,000 | $21,000 | $22,000 | $23,000 | $24,000 | $151,000 |
| mortgage principal reduction | - | - | $876 | $11,000 | $11,000 | $12,000 | $12,000 | $13,000 | $14,000 | $14,000 | $88,000 |
| deposit interest | -$2,567 | $7,000 | $8,000 | - | - | - | - | - | - | - | $12,000 |
| gst hst rebate | - | - | - | $24,000 | - | - | - | - | - | - | $24,000 |
| total income return | $43,000 | $54,000 | $60,000 | $106,000 | $86,000 | $91,000 | $95,000 | $100,000 | $105,000 | $110,000 | $850,000 |
Expense/ Investment
| Category | Y1 | Y2 | Y3 | Y4 | Y5 | Y6 | Y7 | Y8 | Y9 | Y10 | Total |
|---|---|---|---|---|---|---|---|---|---|---|---|
| deposit | $87,000 | $22,000 | $65,000 | - | - | - | - | - | - | - | $174,000 |
| remaining balance payment | - | - | - | - | - | - | - | - | - | - | - |
| closing cost | - | - | $68,000 | - | - | - | - | - | - | - | $68,000 |
| operating expense | - | - | $748 | $9,000 | $9,000 | $9,000 | $10,000 | $10,000 | $10,000 | $10,000 | $68,000 |
| mortgage payment | - | - | $4,000 | $44,000 | $44,000 | $44,000 | $44,000 | $44,000 | $44,000 | $44,000 | $309,000 |
| total expense investment | $87,000 | $22,000 | $138,000 | $53,000 | $53,000 | $53,000 | $53,000 | $53,000 | $54,000 | $54,000 | $619,000 |
Other
| Category | Y1 | Y2 | Y3 | Y4 | Y5 | Y6 | Y7 | Y8 | Y9 | Y10 | Total |
|---|---|---|---|---|---|---|---|---|---|---|---|
| net gain loss | -$44,456 | $32,000 | -$77,393 | $54,000 | $34,000 | $38,000 | $42,000 | $46,000 | $51,000 | $56,000 | $231,000 |
| cumulative roi | $52 | $89 | $67 | $92 | $104 | $115 | $125 | $135 | $145 | $154 | $1,000 |
Elektra Condos
Address: Toronto, Ontario
Price Range: $594,000 - $1,271,000
Avail. suites: 17
0—3 bd
375—909 SqFt