Suite number:
SUITE 11 - Level 2
Project:
Address:
Toronto, Ontario
Developer:
Addington Developments
Property type:
condo
Floor plan:
Bathrooms:
1
Bedrooms:
1
Size:
590 sqft
Occupancy Date:
Jan 2027
Price, CAD
$861,900
Available
ROI
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Investment Period: 5 years
Yearly Return on Investment in Year 5
18.07%
Cumulative Return on Investment in Year 5
85.50%
Property Price at the End of Year 5
$1,110,000
Deposit Schedule
$10,000 at Signing
Total up to 5% in 30 days
$43,095
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 | $45,000 | $47,000 | $50,000 | $52,000 | $55,000 | $58,000 | $61,000 | $64,000 | $67,000 | $71,000 | $569,000 |
| rent income | - | $9,000 | $14,000 | $15,000 | $15,000 | $16,000 | $17,000 | $17,000 | $18,000 | $19,000 | $141,000 |
| mortgage principal reduction | - | $7,000 | $11,000 | $12,000 | $12,000 | $13,000 | $13,000 | $14,000 | $15,000 | $15,000 | $111,000 |
| deposit interest | $2,000 | $615 | - | - | - | - | - | - | - | - | $3,000 |
| gst hst rebate | - | $24,000 | - | - | - | - | - | - | - | - | $24,000 |
| total income return | $47,000 | $88,000 | $75,000 | $78,000 | $82,000 | $86,000 | $91,000 | $95,000 | $100,000 | $105,000 | $848,000 |
Expense/ Investment
| Category | Y1 | Y2 | Y3 | Y4 | Y5 | Y6 | Y7 | Y8 | Y9 | Y10 | Total |
|---|---|---|---|---|---|---|---|---|---|---|---|
| deposit | $43,000 | - | - | - | - | - | - | - | - | - | $43,000 |
| remaining balance payment | - | $129,000 | - | - | - | - | - | - | - | - | $129,000 |
| closing cost | - | $68,000 | - | - | - | - | - | - | - | - | $68,000 |
| operating expense | - | $5,000 | $8,000 | $9,000 | $9,000 | $9,000 | $9,000 | $9,000 | $10,000 | $10,000 | $78,000 |
| mortgage payment | - | $29,000 | $43,000 | $43,000 | $43,000 | $43,000 | $43,000 | $43,000 | $43,000 | $43,000 | $374,000 |
| total expense investment | $43,000 | $231,000 | $52,000 | $52,000 | $52,000 | $52,000 | $52,000 | $53,000 | $53,000 | $53,000 | $692,000 |
Other
| Category | Y1 | Y2 | Y3 | Y4 | Y5 | Y6 | Y7 | Y8 | Y9 | Y10 | Total |
|---|---|---|---|---|---|---|---|---|---|---|---|
| net gain loss | $4,000 | -$143,534 | $23,000 | $27,000 | $30,000 | $34,000 | $38,000 | $43,000 | $47,000 | $52,000 | $155,000 |
| cumulative roi | $109 | $48 | $63 | $75 | $86 | $95 | $104 | $113 | $121 | $130 | $943 |
Addington Park Condos
Address: Toronto, Ontario
Price Range: $539,000 - $1,330,000
Avail. suites: 52
0—2.5 bd
365—895 SqFt