30 Dec CASE STUDY: Investment analysis of a 2 Bedroom Condo in St Lawrence Market.
Buying an investment condos with positive cashflow can lead to great rewards. Here is the investment analysis done on a 2 bedroom condo generating $2400 per month. Condo has great walk score and transit score close to financial district with diverse shopping and restaurant in the area.
In 5 years, initial capital of $105,040 increases to $211,000 producing 20.68% annual ROI based on $201 cashflow with minimal 3% capital appreciation. Think of when similar condos in Downtown appreciated 10% this year and predictions of even higher gains in the coming year as demands significantly increasing supplies.
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NOTE: Full property management, leasing and vacancy assumption not included. All figures are estimated project projections based on comparable residences in the area. Subject to change without notice. E.&O.E. Capital Cost Allowance can be written off against this net income, therefore lowering your taxable income from this property. Speak to your financial advisor or accountant for more information about Capital Cost Allowances. 1 year mortgage payment information based on current available 5 year fixed term at 2.59% 30 year amortization.