Suite number:
SUITE 10 - Level 2
Project:
Address:
Toronto, Ontario
Developer:
Addington Developments
Property type:
condo
Floor plan:
Bathrooms:
2
Bedrooms:
2
Size:
725 sqft
Occupancy Date:
Jan 2027
Price, CAD
$1,017,900
Available
ROI
Want to own a unit? —
Investment Period: 5 years
Yearly Return on Investment in Year 5
19.03%
Cumulative Return on Investment in Year 5
89.01%
Property Price at the End of Year 5
$1,311,000
Deposit Schedule
$10,000 at Signing
Total up to 5% in 30 days
$50,895
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 | $53,000 | $56,000 | $59,000 | $62,000 | $65,000 | $68,000 | $72,000 | $75,000 | $79,000 | $84,000 | $672,000 |
| rent income | - | $14,000 | $22,000 | $23,000 | $24,000 | $25,000 | $26,000 | $27,000 | $28,000 | $29,000 | $216,000 |
| mortgage principal reduction | - | $8,000 | $13,000 | $14,000 | $14,000 | $15,000 | $16,000 | $16,000 | $17,000 | $18,000 | $132,000 |
| deposit interest | $2,000 | $727 | - | - | - | - | - | - | - | - | $3,000 |
| gst hst rebate | - | $24,000 | - | - | - | - | - | - | - | - | $24,000 |
| total income return | $55,000 | $103,000 | $93,000 | $98,000 | $103,000 | $108,000 | $113,000 | $119,000 | $125,000 | $131,000 | $1,047,000 |
Expense/ Investment
| Category | Y1 | Y2 | Y3 | Y4 | Y5 | Y6 | Y7 | Y8 | Y9 | Y10 | Total |
|---|---|---|---|---|---|---|---|---|---|---|---|
| deposit | $51,000 | - | - | - | - | - | - | - | - | - | $51,000 |
| remaining balance payment | - | $153,000 | - | - | - | - | - | - | - | - | $153,000 |
| closing cost | - | $74,000 | - | - | - | - | - | - | - | - | $74,000 |
| operating expense | - | $7,000 | $11,000 | $11,000 | $11,000 | $11,000 | $12,000 | $12,000 | $12,000 | $12,000 | $99,000 |
| mortgage payment | - | $34,000 | $51,000 | $51,000 | $51,000 | $51,000 | $51,000 | $51,000 | $51,000 | $51,000 | $442,000 |
| total expense investment | $51,000 | $268,000 | $62,000 | $62,000 | $62,000 | $62,000 | $63,000 | $63,000 | $63,000 | $63,000 | $818,000 |
Other
| Category | Y1 | Y2 | Y3 | Y4 | Y5 | Y6 | Y7 | Y8 | Y9 | Y10 | Total |
|---|---|---|---|---|---|---|---|---|---|---|---|
| net gain loss | $4,000 | -$164,993 | $32,000 | $36,000 | $41,000 | $45,000 | $51,000 | $56,000 | $61,000 | $67,000 | $229,000 |
| cumulative roi | $109 | $48 | $64 | $77 | $89 | $100 | $110 | $120 | $130 | $139 | $987 |
Addington Park Condos
Address: Toronto, Ontario
Price Range: $539,000 - $1,330,000
Avail. suites: 52
0—2.5 bd
365—895 SqFt