Suite number:
B23
Project:
Address:
Toronto, Ontario
Developer:
Sierra Communities
Property type:
condo
Floor plan:
Bathrooms:
1
Bedrooms:
1.5
Size:
470 sqft
Occupancy Date:
May 2026
Price, CAD
$640,900
Available
ROI
Want to own a unit? —
Investment Period: 5 years
Yearly Return on Investment in Year 5
18.00%
Cumulative Return on Investment in Year 5
88.50%
Property Price at the End of Year 5
$826,000
Deposit Schedule
$10,000 at Signing
Total up to 5% in 30 days
$32,045
5% in 180 days
$32,045
5% on Occupancy
$32,045
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 | $33,000 | $35,000 | $37,000 | $39,000 | $41,000 | $43,000 | $45,000 | $48,000 | $50,000 | $53,000 | $423,000 |
| rent income | $5,000 | $17,000 | $17,000 | $18,000 | $19,000 | $20,000 | $21,000 | $21,000 | $22,000 | $23,000 | $184,000 |
| mortgage principal reduction | $3,000 | $8,000 | $8,000 | $9,000 | $9,000 | $10,000 | $10,000 | $11,000 | $11,000 | $12,000 | $91,000 |
| deposit interest | $301 | - | - | - | - | - | - | - | - | - | $301 |
| gst hst rebate | $24,000 | - | - | - | - | - | - | - | - | - | $24,000 |
| total income return | $66,000 | $60,000 | $63,000 | $66,000 | $69,000 | $72,000 | $76,000 | $80,000 | $84,000 | $88,000 | $722,000 |
Expense/ Investment
| Category | Y1 | Y2 | Y3 | Y4 | Y5 | Y6 | Y7 | Y8 | Y9 | Y10 | Total |
|---|---|---|---|---|---|---|---|---|---|---|---|
| deposit | $96,000 | - | - | - | - | - | - | - | - | - | $96,000 |
| remaining balance payment | $32,000 | - | - | - | - | - | - | - | - | - | $32,000 |
| closing cost | $59,000 | - | - | - | - | - | - | - | - | - | $59,000 |
| operating expense | $2,000 | $7,000 | $7,000 | $7,000 | $7,000 | $7,000 | $8,000 | $8,000 | $8,000 | $8,000 | $70,000 |
| mortgage payment | $11,000 | $32,000 | $32,000 | $32,000 | $32,000 | $32,000 | $32,000 | $32,000 | $32,000 | $32,000 | $300,000 |
| total expense investment | $200,000 | $39,000 | $39,000 | $39,000 | $39,000 | $40,000 | $40,000 | $40,000 | $40,000 | $40,000 | $557,000 |
Other
| Category | Y1 | Y2 | Y3 | Y4 | Y5 | Y6 | Y7 | Y8 | Y9 | Y10 | Total |
|---|---|---|---|---|---|---|---|---|---|---|---|
| net gain loss | -$134,623 | $21,000 | $24,000 | $26,000 | $30,000 | $33,000 | $36,000 | $40,000 | $43,000 | $47,000 | $165,000 |
| cumulative roi | $31 | $48 | $63 | $76 | $89 | $100 | $112 | $123 | $134 | $145 | $920 |
Motto Condos
Address: Toronto, Ontario
Price Range: $490,000 - $1,411,000
Avail. suites: 18
1—3.5 bd
362—1361 SqFt