Suite number:
2G+D-I
Project:
Address:
Toronto, Ontario
Developer:
Tridel
Property type:
condo
Floor plan:
Bathrooms:
2
Bedrooms:
2
Size:
737 sqft
Occupancy Date:
Jan 2028
Price, CAD
$990,000
Available
ROI
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Investment Period: 5 years
Yearly Return on Investment in Year 5
21.90%
Cumulative Return on Investment in Year 5
103.48%
Property Price at the End of Year 5
$1,276,000
Deposit Schedule
$5 at Signing
Total up to 5% in 120 days
$49,500
5% in 365 days
$49,500
5% on Occupancy
$49,500
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 | $51,000 | $54,000 | $57,000 | $60,000 | $63,000 | $66,000 | $70,000 | $73,000 | $77,000 | $81,000 | $654,000 |
rent income | - | - | $11,000 | $22,000 | $23,000 | $24,000 | $25,000 | $26,000 | $27,000 | $28,000 | $185,000 |
mortgage principal reduction | - | - | $6,000 | $13,000 | $13,000 | $14,000 | $14,000 | $15,000 | $16,000 | $17,000 | $107,000 |
deposit interest | $5,000 | $5,000 | $8,000 | - | - | - | - | - | - | - | $19,000 |
gst hst rebate | - | - | $24,000 | - | - | - | - | - | - | - | $24,000 |
total income return | $57,000 | $59,000 | $106,000 | $94,000 | $99,000 | $104,000 | $109,000 | $114,000 | $120,000 | $126,000 | $989,000 |
Expense/ Investment
Category | Y1 | Y2 | Y3 | Y4 | Y5 | Y6 | Y7 | Y8 | Y9 | Y10 | Total |
---|---|---|---|---|---|---|---|---|---|---|---|
deposit | $99,000 | - | $50,000 | - | - | - | - | - | - | - | $149,000 |
remaining balance payment | - | - | $50,000 | - | - | - | - | - | - | - | $50,000 |
closing cost | - | - | $73,000 | - | - | - | - | - | - | - | $73,000 |
operating expense | - | - | $6,000 | $12,000 | $12,000 | $13,000 | $13,000 | $13,000 | $14,000 | $14,000 | $97,000 |
mortgage payment | - | - | $25,000 | $50,000 | $50,000 | $50,000 | $50,000 | $50,000 | $50,000 | $50,000 | $372,000 |
total expense investment | $99,000 | - | $203,000 | $62,000 | $62,000 | $62,000 | $62,000 | $63,000 | $63,000 | $63,000 | $739,000 |
Other
Category | Y1 | Y2 | Y3 | Y4 | Y5 | Y6 | Y7 | Y8 | Y9 | Y10 | Total |
---|---|---|---|---|---|---|---|---|---|---|---|
net gain loss | -$42,368 | $59,000 | -$96,677 | $33,000 | $37,000 | $42,000 | $47,000 | $52,000 | $57,000 | $63,000 | $250,000 |
cumulative roi | $57 | $117 | $79 | $92 | $103 | $114 | $124 | $133 | $142 | $151 | $1,000 |
6080 Yonge Condos
Address: Toronto, Ontario
Price Range: $699,000 - $1,560,000
Avail. suites: 13
0—3 bd
328—1546 SqFt