Suite number:
Piazza 534
Project:
Address:
Toronto, Ontario
Developer:
Menkes Developments Ltd.
Property type:
condo
Floor plan:
Bathrooms:
1
Bedrooms:
1.5
Size:
534 sqft
Occupancy Date:
Sep 2028
Price, CAD
$820,990
Available
ROI
Want to own a unit? —
Investment Period: 5 years
Yearly Return on Investment in Year 5
22.40%
Cumulative Return on Investment in Year 5
104.46%
Property Price at the End of Year 5
$1,058,000
Deposit Schedule
$10,000 at Signing
Total up to 5% in 30 days
$41,050
2.5% in 90 days
$20,525
2.5% in 180 days
$20,525
2.5% in 540 days
$20,525
2.5% in 900 days
$20,525
Net Gain (Loss)
Get Expert Advice
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 | $43,000 | $45,000 | $47,000 | $50,000 | $52,000 | $55,000 | $58,000 | $61,000 | $64,000 | $67,000 | $542,000 |
| rent income | - | - | $2,000 | $19,000 | $20,000 | $20,000 | $21,000 | $22,000 | $23,000 | $24,000 | $151,000 |
| mortgage principal reduction | - | - | $826 | $10,000 | $11,000 | $11,000 | $12,000 | $12,000 | $13,000 | $14,000 | $83,000 |
| deposit interest | -$2,423 | $6,000 | $8,000 | - | - | - | - | - | - | - | $11,000 |
| gst hst rebate | - | - | - | $24,000 | - | - | - | - | - | - | $24,000 |
| total income return | $40,000 | $51,000 | $57,000 | $103,000 | $82,000 | $87,000 | $91,000 | $95,000 | $100,000 | $105,000 | $811,000 |
Expense/ Investment
| Category | Y1 | Y2 | Y3 | Y4 | Y5 | Y6 | Y7 | Y8 | Y9 | Y10 | Total |
|---|---|---|---|---|---|---|---|---|---|---|---|
| deposit | $82,000 | $21,000 | $62,000 | - | - | - | - | - | - | - | $164,000 |
| remaining balance payment | - | - | - | - | - | - | - | - | - | - | - |
| closing cost | - | - | $66,000 | - | - | - | - | - | - | - | $66,000 |
| operating expense | - | - | $734 | $9,000 | $9,000 | $9,000 | $9,000 | $10,000 | $10,000 | $10,000 | $67,000 |
| mortgage payment | - | - | $3,000 | $41,000 | $41,000 | $41,000 | $41,000 | $41,000 | $41,000 | $41,000 | $291,000 |
| total expense investment | $82,000 | $21,000 | $132,000 | $50,000 | $50,000 | $50,000 | $51,000 | $51,000 | $51,000 | $51,000 | $589,000 |
Other
| Category | Y1 | Y2 | Y3 | Y4 | Y5 | Y6 | Y7 | Y8 | Y9 | Y10 | Total |
|---|---|---|---|---|---|---|---|---|---|---|---|
| net gain loss | -$41,952 | $31,000 | -$74,864 | $53,000 | $32,000 | $36,000 | $40,000 | $45,000 | $49,000 | $54,000 | $222,000 |
| cumulative roi | $52 | $89 | $66 | $92 | $104 | $116 | $126 | $136 | $146 | $156 | $1,000 |
Elektra Condos
Address: Toronto, Ontario
Price Range: $594,000 - $1,271,000
Avail. suites: 17
0—3 bd
375—909 SqFt