Suite number:
1004-1
Project:
Address:
Toronto, Ontario
Developer:
Harhay Developments
Property type:
condo
Floor plan:
Bathrooms:
1
Bedrooms:
1
Size:
590 sqft
Occupancy Date:
Jun 2027
Price, CAD
$748,900
Available
ROI
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Investment Period: 5 years
Yearly Return on Investment in Year 5
19.29%
Cumulative Return on Investment in Year 5
91.83%
Property Price at the End of Year 5
$965,000
Deposit Schedule
$10,000 at Signing
Total up to 5% in 30 days
$37,445
2.5% in 180 days
$18,723
2.5% in 365 days
$18,723
10% on Occupancy
$74,890
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 | $39,000 | $41,000 | $43,000 | $45,000 | $48,000 | $50,000 | $53,000 | $56,000 | $58,000 | $61,000 | $494,000 |
rent income | - | - | $14,000 | $14,000 | $15,000 | $16,000 | $16,000 | $17,000 | $18,000 | $18,000 | $128,000 |
mortgage principal reduction | - | - | $9,000 | $10,000 | $10,000 | $11,000 | $11,000 | $12,000 | $12,000 | $13,000 | $88,000 |
deposit interest | $2,000 | $4,000 | - | - | - | - | - | - | - | - | $6,000 |
gst hst rebate | - | - | $24,000 | - | - | - | - | - | - | - | $24,000 |
total income return | $41,000 | $45,000 | $90,000 | $69,000 | $73,000 | $76,000 | $80,000 | $84,000 | $88,000 | $93,000 | $740,000 |
Expense/ Investment
Category | Y1 | Y2 | Y3 | Y4 | Y5 | Y6 | Y7 | Y8 | Y9 | Y10 | Total |
---|---|---|---|---|---|---|---|---|---|---|---|
deposit | $56,000 | $94,000 | - | - | - | - | - | - | - | - | $150,000 |
remaining balance payment | - | - | - | - | - | - | - | - | - | - | - |
closing cost | - | $63,000 | - | - | - | - | - | - | - | - | $63,000 |
operating expense | - | - | $9,000 | $9,000 | $9,000 | $9,000 | $9,000 | $10,000 | $10,000 | $10,000 | $75,000 |
mortgage payment | - | - | $38,000 | $38,000 | $38,000 | $38,000 | $38,000 | $38,000 | $38,000 | $38,000 | $300,000 |
total expense investment | $56,000 | $157,000 | $46,000 | $46,000 | $47,000 | $47,000 | $47,000 | $47,000 | $47,000 | $48,000 | $588,000 |
Other
Category | Y1 | Y2 | Y3 | Y4 | Y5 | Y6 | Y7 | Y8 | Y9 | Y10 | Total |
---|---|---|---|---|---|---|---|---|---|---|---|
net gain loss | -$15,019 | -$111,912 | $44,000 | $23,000 | $26,000 | $30,000 | $33,000 | $37,000 | $41,000 | $45,000 | $153,000 |
cumulative roi | $73 | $42 | $69 | $81 | $92 | $102 | $111 | $119 | $128 | $136 | $952 |
The 9Hundred Condos
Address: Toronto, Ontario
Price Range: $680,000 - $1,217,000
Avail. suites: 104
1—3.5 bd
491—1123 SqFt