Suite number:
1C+D
Project:
Address:
Toronto, Ontario
Developer:
First Avenue Properties
Property type:
condo
Floor plan:
Bathrooms:
1.5
Bedrooms:
1.5
Size:
611 sqft
Occupancy Date:
Sep 2028
Price, CAD
$608,900
Available
ROI
Want to own a unit? —
Investment Period: 5 years
Yearly Return on Investment in Year 5
23.10%
Cumulative Return on Investment in Year 5
112.30%
Property Price at the End of Year 5
$784,000
Deposit Schedule
$5,000 at Signing
Total up to 5% in 30 days
$30,445
5% in 180 days
$30,445
5% in 365 days
$30,445
5% on Occupancy
$30,445
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 | $32,000 | $33,000 | $35,000 | $37,000 | $39,000 | $41,000 | $43,000 | $45,000 | $47,000 | $50,000 | $402,000 |
| rent income | - | - | $2,000 | $21,000 | $22,000 | $23,000 | $24,000 | $25,000 | $26,000 | $28,000 | $172,000 |
| mortgage principal reduction | - | - | $613 | $8,000 | $8,000 | $8,000 | $9,000 | $9,000 | $10,000 | $10,000 | $62,000 |
| deposit interest | $2,000 | $6,000 | $4,000 | - | - | - | - | - | - | - | $11,000 |
| gst hst rebate | - | - | - | $24,000 | - | - | - | - | - | - | $24,000 |
| total income return | $33,000 | $39,000 | $42,000 | $90,000 | $69,000 | $72,000 | $76,000 | $80,000 | $83,000 | $88,000 | $671,000 |
Expense/ Investment
| Category | Y1 | Y2 | Y3 | Y4 | Y5 | Y6 | Y7 | Y8 | Y9 | Y10 | Total |
|---|---|---|---|---|---|---|---|---|---|---|---|
| deposit | $61,000 | $30,000 | $30,000 | - | - | - | - | - | - | - | $122,000 |
| remaining balance payment | - | - | - | - | - | - | - | - | - | - | - |
| closing cost | - | - | $58,000 | - | - | - | - | - | - | - | $58,000 |
| operating expense | - | - | $684 | $8,000 | $8,000 | $9,000 | $9,000 | $9,000 | $9,000 | $9,000 | $63,000 |
| mortgage payment | - | - | $3,000 | $30,000 | $30,000 | $30,000 | $30,000 | $30,000 | $30,000 | $30,000 | $216,000 |
| total expense investment | $61,000 | $30,000 | $91,000 | $39,000 | $39,000 | $39,000 | $39,000 | $40,000 | $40,000 | $40,000 | $458,000 |
Other
| Category | Y1 | Y2 | Y3 | Y4 | Y5 | Y6 | Y7 | Y8 | Y9 | Y10 | Total |
|---|---|---|---|---|---|---|---|---|---|---|---|
| net gain loss | -$27,721 | $8,000 | -$49,843 | $51,000 | $30,000 | $33,000 | $37,000 | $40,000 | $44,000 | $48,000 | $213,000 |
| cumulative roi | $54 | $79 | $66 | $97 | $112 | $127 | $141 | $155 | $169 | $183 | $1,000 |
Wilson West
Address: Toronto, Ontario
Price Range: $493,000 - $980,000
Avail. suites: 38
0—3 bd
457—1129 SqFt