Suite number:
609 - 3B
Project:
Address:
Toronto, Ontario
Developer:
Block Developments
Property type:
condo
Floor plan:
Bathrooms:
2
Bedrooms:
3
Size:
1235 sqft
Occupancy Date:
May 2023
Price, CAD
$1,596,900
Available
ROI
Want to own a unit? —
Investment Period: 5 years
Yearly Return on Investment in Year 5
31.91%
Cumulative Return on Investment in Year 5
153.44%
Property Price at the End of Year 5
$2,057,000
Deposit Schedule
$5,000 at Signing
Total up to 10% in 9999 days
$159,690
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 | $83,000 | $87,000 | $92,000 | $97,000 | $102,000 | $107,000 | $113,000 | $118,000 | $125,000 | $131,000 | $1,054,000 |
| rent income | - | - | - | - | - | - | - | - | - | - | - |
| mortgage principal reduction | $57,000 | $22,000 | $24,000 | $25,000 | $26,000 | $27,000 | $28,000 | $30,000 | $31,000 | $33,000 | $303,000 |
| deposit interest | - | - | - | - | - | - | - | - | - | - | - |
| gst hst rebate | - | - | - | - | - | - | - | - | - | - | - |
| total income return | $139,000 | $110,000 | $115,000 | $121,000 | $128,000 | $134,000 | $141,000 | $148,000 | $156,000 | $164,000 | $1,357,000 |
Expense/ Investment
| Category | Y1 | Y2 | Y3 | Y4 | Y5 | Y6 | Y7 | Y8 | Y9 | Y10 | Total |
|---|---|---|---|---|---|---|---|---|---|---|---|
| deposit | - | - | - | - | - | - | - | - | - | - | - |
| remaining balance payment | - | - | - | - | - | - | - | - | - | - | - |
| closing cost | - | - | - | - | - | - | - | - | - | - | - |
| operating expense | - | - | - | - | - | - | - | - | - | - | - |
| mortgage payment | $80,000 | $80,000 | $80,000 | $80,000 | $80,000 | $80,000 | $80,000 | $80,000 | $80,000 | $80,000 | $800,000 |
| total expense investment | $80,000 | $80,000 | $80,000 | $80,000 | $80,000 | $80,000 | $80,000 | $80,000 | $80,000 | $80,000 | $800,000 |
Other
| Category | Y1 | Y2 | Y3 | Y4 | Y5 | Y6 | Y7 | Y8 | Y9 | Y10 | Total |
|---|---|---|---|---|---|---|---|---|---|---|---|
| net gain loss | $59,000 | $30,000 | $35,000 | $41,000 | $48,000 | $54,000 | $61,000 | $68,000 | $76,000 | $84,000 | $557,000 |
| cumulative roi | $174 | $156 | $152 | $152 | $153 | $156 | $159 | $162 | $166 | $170 | $2,000 |
57 Brock Condos
Address: Toronto, Ontario
Price Range: $1,321,000 - $1,746,000
Avail. suites: 13
1—3.5 bd
618—1604 SqFt