Suite number:
A1-11
Project:
Address:
Toronto, Ontario
Developer:
95 Developments Inc
Property type:
condo
Floor plan:
Bathrooms:
2
Bedrooms:
2
Size:
598 sqft
Occupancy Date:
Jan 2027
Price, CAD
$670,410
Available
ROI
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Investment Period: 5 years
Yearly Return on Investment in Year 5
19.13%
Cumulative Return on Investment in Year 5
91.99%
Property Price at the End of Year 5
$864,000
Deposit Schedule
$5,000 at Signing
Total up to 5% in 30 days
$33,521
2.5% in 120 days
$16,760
2.5% in 215 days
$16,760
5% on Occupancy
$33,521
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 | $35,000 | $37,000 | $39,000 | $41,000 | $43,000 | $45,000 | $47,000 | $50,000 | $52,000 | $55,000 | $442,000 |
rent income | - | $9,000 | $18,000 | $19,000 | $19,000 | $20,000 | $21,000 | $22,000 | $23,000 | $24,000 | $174,000 |
mortgage principal reduction | - | $4,000 | $8,000 | $9,000 | $9,000 | $10,000 | $10,000 | $11,000 | $11,000 | $12,000 | $85,000 |
deposit interest | $320 | $2,000 | - | - | - | - | - | - | - | - | $2,000 |
gst hst rebate | - | $24,000 | - | - | - | - | - | - | - | - | $24,000 |
total income return | $35,000 | $75,000 | $65,000 | $68,000 | $71,000 | $75,000 | $79,000 | $82,000 | $86,000 | $91,000 | $727,000 |
Expense/ Investment
Category | Y1 | Y2 | Y3 | Y4 | Y5 | Y6 | Y7 | Y8 | Y9 | Y10 | Total |
---|---|---|---|---|---|---|---|---|---|---|---|
deposit | $67,000 | $34,000 | - | - | - | - | - | - | - | - | $101,000 |
remaining balance payment | - | $34,000 | - | - | - | - | - | - | - | - | $34,000 |
closing cost | - | $60,000 | - | - | - | - | - | - | - | - | $60,000 |
operating expense | - | $4,000 | $8,000 | $8,000 | $8,000 | $9,000 | $9,000 | $9,000 | $9,000 | $9,000 | $73,000 |
mortgage payment | - | $17,000 | $34,000 | $34,000 | $34,000 | $34,000 | $34,000 | $34,000 | $34,000 | $34,000 | $285,000 |
total expense investment | $67,000 | $148,000 | $42,000 | $42,000 | $42,000 | $42,000 | $42,000 | $42,000 | $43,000 | $43,000 | $553,000 |
Other
Category | Y1 | Y2 | Y3 | Y4 | Y5 | Y6 | Y7 | Y8 | Y9 | Y10 | Total |
---|---|---|---|---|---|---|---|---|---|---|---|
net gain loss | -$31,959 | -$72,874 | $23,000 | $26,000 | $29,000 | $33,000 | $36,000 | $40,000 | $44,000 | $48,000 | $175,000 |
cumulative roi | $52 | $50 | $66 | $79 | $92 | $104 | $115 | $126 | $137 | $148 | $969 |
2992 Sheppard Ave East Condos
Address: Toronto, Ontario
Price Range: $567,000 - $844,000
Avail. suites: 7
1—3 bd
476—861 SqFt