Suite number:
2B
Project:
Address:
Toronto, Ontario
Developer:
Tridel
Property type:
condo
Floor plan:
Bathrooms:
2
Bedrooms:
2
Size:
650 sqft
Occupancy Date:
Jun 2028
Price, CAD
$1,208,000
Available
ROI
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Investment Period: 5 years
Yearly Return on Investment in Year 5
23.44%
Cumulative Return on Investment in Year 5
109.11%
Property Price at the End of Year 5
$1,556,000
Deposit Schedule
$5 at Signing
Total up to 5% in 120 days
$60,400
5% in 270 days
$60,400
5% on Occupancy
$60,400
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 | $63,000 | $66,000 | $70,000 | $73,000 | $77,000 | $81,000 | $85,000 | $90,000 | $94,000 | $99,000 | $797,000 |
rent income | - | - | - | $19,000 | $20,000 | $21,000 | $21,000 | $22,000 | $23,000 | $24,000 | $151,000 |
mortgage principal reduction | - | - | - | $15,000 | $16,000 | $16,000 | $17,000 | $18,000 | $19,000 | $20,000 | $121,000 |
deposit interest | $6,000 | $13,000 | $9,000 | - | - | - | - | - | - | - | $28,000 |
gst hst rebate | - | - | - | $24,000 | - | - | - | - | - | - | $24,000 |
total income return | $69,000 | $79,000 | $79,000 | $131,000 | $112,000 | $118,000 | $124,000 | $130,000 | $136,000 | $143,000 | $1,121,000 |
Expense/ Investment
Category | Y1 | Y2 | Y3 | Y4 | Y5 | Y6 | Y7 | Y8 | Y9 | Y10 | Total |
---|---|---|---|---|---|---|---|---|---|---|---|
deposit | $121,000 | $60,000 | - | - | - | - | - | - | - | - | $181,000 |
remaining balance payment | - | - | $60,000 | - | - | - | - | - | - | - | $60,000 |
closing cost | - | - | $82,000 | - | - | - | - | - | - | - | $82,000 |
operating expense | - | - | - | $11,000 | $11,000 | $11,000 | $12,000 | $12,000 | $12,000 | $12,000 | $81,000 |
mortgage payment | - | - | - | $60,000 | $60,000 | $60,000 | $60,000 | $60,000 | $60,000 | $60,000 | $423,000 |
total expense investment | $121,000 | $60,000 | $142,000 | $71,000 | $71,000 | $72,000 | $72,000 | $72,000 | $73,000 | $73,000 | $827,000 |
Other
Category | Y1 | Y2 | Y3 | Y4 | Y5 | Y6 | Y7 | Y8 | Y9 | Y10 | Total |
---|---|---|---|---|---|---|---|---|---|---|---|
net gain loss | -$51,909 | $18,000 | -$63,327 | $60,000 | $41,000 | $46,000 | $52,000 | $58,000 | $64,000 | $70,000 | $294,000 |
cumulative roi | $57 | $81 | $77 | $99 | $109 | $118 | $127 | $135 | $143 | $151 | $1,000 |
Queen Church Condos
Address: Toronto, Ontario
Price Range: $699,000 - $1,357,000
Avail. suites: 12
0—3 bd
412—814 SqFt