Suite number:
718- Q1BJ
Project:
Address:
Toronto, Ontario
Developer:
Mattamy Homes Canada
Property type:
condo
Floor plan:
Bathrooms:
1
Bedrooms:
1
Size:
522 sqft
Occupancy Date:
Jan 2027
Price, CAD
$715,400
Available
ROI
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Investment Period: 5 years
Yearly Return on Investment in Year 5
17.84%
Cumulative Return on Investment in Year 5
85.72%
Property Price at the End of Year 5
$922,000
Deposit Schedule
$10,000 at Signing
Total up to 5% in 30 days
$35,770
10% on Occupancy
$71,540
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 | $37,000 | $39,000 | $41,000 | $43,000 | $46,000 | $48,000 | $50,000 | $53,000 | $56,000 | $59,000 | $472,000 |
rent income | - | $8,000 | $13,000 | $13,000 | $14,000 | $14,000 | $15,000 | $15,000 | $16,000 | $17,000 | $125,000 |
mortgage principal reduction | - | $6,000 | $9,000 | $10,000 | $10,000 | $11,000 | $11,000 | $12,000 | $12,000 | $13,000 | $92,000 |
deposit interest | $2,000 | $506 | - | - | - | - | - | - | - | - | $2,000 |
gst hst rebate | - | $24,000 | - | - | - | - | - | - | - | - | $24,000 |
total income return | $39,000 | $78,000 | $63,000 | $66,000 | $69,000 | $73,000 | $76,000 | $80,000 | $84,000 | $88,000 | $715,000 |
Expense/ Investment
Category | Y1 | Y2 | Y3 | Y4 | Y5 | Y6 | Y7 | Y8 | Y9 | Y10 | Total |
---|---|---|---|---|---|---|---|---|---|---|---|
deposit | $36,000 | $72,000 | - | - | - | - | - | - | - | - | $107,000 |
remaining balance payment | - | $36,000 | - | - | - | - | - | - | - | - | $36,000 |
closing cost | - | $62,000 | - | - | - | - | - | - | - | - | $62,000 |
operating expense | - | $5,000 | $7,000 | $7,000 | $8,000 | $8,000 | $8,000 | $8,000 | $8,000 | $8,000 | $68,000 |
mortgage payment | - | $24,000 | $36,000 | $36,000 | $36,000 | $36,000 | $36,000 | $36,000 | $36,000 | $36,000 | $310,000 |
total expense investment | $36,000 | $198,000 | $43,000 | $43,000 | $43,000 | $44,000 | $44,000 | $44,000 | $44,000 | $44,000 | $583,000 |
Other
Category | Y1 | Y2 | Y3 | Y4 | Y5 | Y6 | Y7 | Y8 | Y9 | Y10 | Total |
---|---|---|---|---|---|---|---|---|---|---|---|
net gain loss | $3,000 | -$120,454 | $20,000 | $23,000 | $26,000 | $29,000 | $32,000 | $36,000 | $40,000 | $44,000 | $132,000 |
cumulative roi | $109 | $49 | $63 | $75 | $86 | $95 | $105 | $113 | $122 | $130 | $947 |
BLVD. Q
Address: Toronto, Ontario
Price Range: $481,000 - $1,278,000
Avail. suites: 22
0—3.5 bd
359—1212 SqFt