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$677,990

2 Beds

1 Bath

521 sqft

c1201_alterton_tower-56 Fieldway Rd, Toronto, ON, M8Z 3L2

Toronto ON, M8Z 3L2

MLS® # PB1126-C1201_ALTERTON_TO
C1201_Alterton_Tower - Arcadia District Condos by EllisDon Capital

Property Features:

  • Bedrooms: 1.5
  • Bathrooms: 1.0
  • Floor Space (approx): 521

This listing content provided by Brokers PlaybookTM

Potential Investment Performance

Cumulative ROI

70.5%

Cumulative Market Appreciation

$187,316

Net Operating Income in Year 5

$12,838

Cash on Cash Return in Year 5

-11.1%

Assumptions

The information below is based on user inputs and general assumptions for informational purposes only. The outputs are not legal, financial, investment, or other advice. Review all fields for accuracy and consult an agent for guidance.

Mortgage Calculator

Mortgage
Purchase Price
$
Down Payment
%
$135,597
Mortgage Amount $542,393
Mortgage Payment
%
$2,814

Cash Flow Calculator

monthly
yearly
Income
Gross Rental Income
Powered By
$
Vacancy Rate
%
$
Other
$
Gross Operating Income $1,516
Operating Expenses
Management Fees
%
$
Property Tax
$
Repair Reserve
%
$
Insurance
$
Condo/Strata Fees
$
Total Operating Expenses $669
Net Operating Income $846
Debt Service
Mortgage Payment $2,814
Net Cash Flow -$1,967

Acquistion Costs

Deposit $135,597
Land Transfer Tax $20,069
Legal Fees $1,500
Adjustments $0
Development Charges $15,000
Down Payment Balance $0
Total Acquisition Costs $172,166

Deposit Schedule

With the Offer $10,000
Deposit @ 30 days $23,899
Deposit @ 0 days $33,899
Due on Occupancy $67,799
Total Deposit $135,597
Closing Date Jun 1, 2027

Components of Return

Potential Returns

Year 1Year 2Year 3Year 4Year 5Year 6Year 7Year 8Year 9Year 10
Investments
Deposits $67,798$67,799 - - - - - - - -
Closing Costs - $36,569 - - - - - - - -
Mortgage Paydown - $2,072$8,538$8,949$9,379$9,830$10,302$10,797$11,316$11,860
Total $67,798$106,440$8,538$8,949$9,379$9,830$10,302$10,797$11,316$11,860
Cash Invested $67,798$174,238$182,777$191,726$201,105$210,935$221,238$232,035$243,352$255,213
Rental Cash Flows
Rent and other income - $4,548$18,388$19,179$20,004$20,864$21,761$22,697$23,673$24,691
Operating Expenses - -$2,007-$8,079-$8,280-$8,487-$8,699-$8,918-$9,142-$9,374-$9,612
Mortgage Payment - -$8,442-$33,771-$33,771-$33,771-$33,771-$33,771-$33,771-$33,771-$33,771
Net Cash Flow - -$5,901-$23,461-$22,871-$22,253-$21,606-$20,927-$20,216-$19,471-$18,691
Returns
Property Price Appreciation $33,899$35,594$37,374$39,242$41,205$43,265$45,428$47,700$50,085$52,589
Mortgage Paydown - $2,072$8,538$8,949$9,379$9,830$10,302$10,797$11,316$11,860
Net Cash Flow - -$5,901-$23,461-$22,871-$22,253-$21,606-$20,927-$20,216-$19,471-$18,691
Total Return $33,899$31,765$22,451$25,319$28,330$31,489$34,803$38,281$41,929$45,757
Cumulative Return $33,899$65,664$88,115$113,435$141,766$173,255$208,059$246,340$288,270$334,028
Investment Metrics
Cumulative ROI 50.0% 37.7% 48.2% 59.2% 70.5% 82.1% 94.0% 106.2% 118.5% 130.9%
Cash On Cash - -3.4% -12.8% -11.9% -11.1% -10.2% -9.5% -8.7% -8.0% -7.3%

Location of c1201_alterton_tower-56 Fieldway Rd, Toronto, ON, M8Z 3L2

Demographic Information of c1201_alterton_tower-56 Fieldway Rd, Toronto, ON, M8Z 3L2

Life Stage

Young Families

Employment Type

Service Sector/White Collar

Average Household Income

$152,412.17

Average Number of Children

1.56

Household Population

Household Structure

Age of Population

Education

Education Level

No certificate/diploma/degree

8.84 %

High school certificate or equivalent

19.86 %

Apprenticeship trade certificate/diploma

3.6 %

College/non-university certificate

18.5 %

University certificate (below bachelor)

4.41 %

University Degree

44.79 %

Commuter

Travel To Work

By Car

63.91 %

By Public Transit

29.21 %

By Walking

4.0 %

By Bicycle

0.25 %

By Other Methods

2.63 %

Cultural Diversity

Knowledge of Official Language

Mother Tongue

Building Information

Building Type

Apartments (Low and High Rise)

68.09 %

Houses

31.91 %

Own Vs. Rent