Suite number:
1BD
Project:
Address:
Toronto, Ontario
Developer:
Mattamy Homes Canada
Property type:
condo
Floor plan:
Bathrooms:
1
Bedrooms:
1
Size:
473 sqft
Occupancy Date:
Dec 2028
Price, CAD
$572,990
Available
ROI
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Investment Period: 5 years
Yearly Return on Investment in Year 5
20.96%
Cumulative Return on Investment in Year 5
98.60%
Property Price at the End of Year 5
$738,000
Deposit Schedule
$5,000 at Signing
Total up to 5% in 30 days
$28,650
2.5% in 210 days
$14,325
2.5% in 600 days
$14,325
10% on Occupancy
$57,299
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 | $30,000 | $31,000 | $33,000 | $35,000 | $36,000 | $38,000 | $40,000 | $42,000 | $45,000 | $47,000 | $378,000 |
| rent income | - | - | - | $9,000 | $11,000 | $12,000 | $12,000 | $13,000 | $13,000 | $14,000 | $85,000 |
| mortgage principal reduction | - | - | - | $6,000 | $7,000 | $8,000 | $8,000 | $8,000 | $9,000 | $9,000 | $56,000 |
| deposit interest | -$2,889 | $3,000 | $3,000 | $436 | - | - | - | - | - | - | $4,000 |
| gst hst rebate | - | - | - | $24,000 | - | - | - | - | - | - | $24,000 |
| total income return | $27,000 | $35,000 | $36,000 | $74,000 | $55,000 | $58,000 | $61,000 | $64,000 | $67,000 | $70,000 | $547,000 |
Expense/ Investment
| Category | Y1 | Y2 | Y3 | Y4 | Y5 | Y6 | Y7 | Y8 | Y9 | Y10 | Total |
|---|---|---|---|---|---|---|---|---|---|---|---|
| deposit | $43,000 | $14,000 | - | $57,000 | - | - | - | - | - | - | $115,000 |
| remaining balance payment | - | - | - | - | - | - | - | - | - | - | - |
| closing cost | - | - | - | $56,000 | - | - | - | - | - | - | $56,000 |
| operating expense | - | - | - | $5,000 | $7,000 | $7,000 | $7,000 | $7,000 | $7,000 | $7,000 | $47,000 |
| mortgage payment | - | - | - | $24,000 | $29,000 | $29,000 | $29,000 | $29,000 | $29,000 | $29,000 | $196,000 |
| total expense investment | $43,000 | $14,000 | - | $143,000 | $35,000 | $35,000 | $36,000 | $36,000 | $36,000 | $36,000 | $414,000 |
Other
| Category | Y1 | Y2 | Y3 | Y4 | Y5 | Y6 | Y7 | Y8 | Y9 | Y10 | Total |
|---|---|---|---|---|---|---|---|---|---|---|---|
| net gain loss | -$16,153 | $20,000 | $36,000 | -$68,818 | $20,000 | $23,000 | $25,000 | $28,000 | $31,000 | $34,000 | $133,000 |
| cumulative roi | $69 | $107 | $170 | $88 | $99 | $108 | $118 | $126 | $135 | $143 | $1,000 |
The Clove
Address: Toronto, Ontario
Price Range: $444,000 - $1,007,000
Avail. suites: 18
0—3.5 bd
373—1091 SqFt