Suite number:
3506 - KIPLING597
Project:
Address:
Toronto W08, Ontario
Developer:
CentreCourt Developments
Property type:
condo
Floor plan:
Bathrooms:
2
Bedrooms:
1.5
Size:
597 sqft
Occupancy Date:
Jan 2026
Price, CAD
$739,000
Available
ROI
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Investment Period: 5 years
Yearly Return on Investment in Year 5
17.96%
Cumulative Return on Investment in Year 5
88.14%
Property Price at the End of Year 5
$952,000
Deposit Schedule
$10,000 at Signing
Total up to 5% in 30 days
$36,950
2.5% in 60 days
$18,475
2.5% in 90 days
$18,475
2.5% in 120 days
$18,475
2.5% on Occupancy
$18,475
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 | $38,000 | $40,000 | $43,000 | $45,000 | $47,000 | $50,000 | $52,000 | $55,000 | $58,000 | $61,000 | $488,000 |
rent income | $14,000 | $21,000 | $22,000 | $23,000 | $24,000 | $25,000 | $26,000 | $28,000 | $29,000 | $30,000 | $244,000 |
mortgage principal reduction | $6,000 | $9,000 | $10,000 | $10,000 | $11,000 | $11,000 | $12,000 | $13,000 | $13,000 | $14,000 | $109,000 |
deposit interest | $625 | - | - | - | - | - | - | - | - | - | $625 |
gst hst rebate | $24,000 | - | - | - | - | - | - | - | - | - | $24,000 |
total income return | $83,000 | $71,000 | $75,000 | $78,000 | $82,000 | $86,000 | $90,000 | $95,000 | $100,000 | $104,000 | $865,000 |
Expense/ Investment
Category | Y1 | Y2 | Y3 | Y4 | Y5 | Y6 | Y7 | Y8 | Y9 | Y10 | Total |
---|---|---|---|---|---|---|---|---|---|---|---|
deposit | $111,000 | - | - | - | - | - | - | - | - | - | $111,000 |
remaining balance payment | $37,000 | - | - | - | - | - | - | - | - | - | $37,000 |
closing cost | $63,000 | - | - | - | - | - | - | - | - | - | $63,000 |
operating expense | $6,000 | $10,000 | $10,000 | $10,000 | $11,000 | $11,000 | $11,000 | $11,000 | $12,000 | $12,000 | $103,000 |
mortgage payment | $25,000 | $37,000 | $37,000 | $37,000 | $37,000 | $37,000 | $37,000 | $37,000 | $37,000 | $37,000 | $358,000 |
total expense investment | $242,000 | $47,000 | $47,000 | $47,000 | $48,000 | $48,000 | $48,000 | $48,000 | $49,000 | $49,000 | $672,000 |
Other
Category | Y1 | Y2 | Y3 | Y4 | Y5 | Y6 | Y7 | Y8 | Y9 | Y10 | Total |
---|---|---|---|---|---|---|---|---|---|---|---|
net gain loss | -$159,052 | $24,000 | $28,000 | $31,000 | $35,000 | $38,000 | $42,000 | $47,000 | $51,000 | $56,000 | $193,000 |
cumulative roi | $31 | $47 | $62 | $76 | $88 | $100 | $112 | $123 | $135 | $146 | $919 |
Kipling Station Condos
Address: Toronto W08, Ontario
Price Range: $501,000 - $919,000
Avail. suites: 20
0—3 bd
303—935 SqFt