Suite number:
The Lascelles (The Residence Collection)
Project:
Address:
Toronto C10, Ontario
Developer:
The Rockport Group
Property type:
condo
Bathrooms:
2
Bedrooms:
2
Size:
1090 sqft
Occupancy Date:
Dec 2024
$1,848,900
Available
Want to own a unit? —
Investment Period: 5 years
Yearly Return on Investment in Year 5
17.53%
Cumulative Return on Investment in Year 5
82.19%
Property Price at the End of Year 5
$2,382,000
Deposit Schedule
$5,000 at Signing
Total up to 20% in 10359 days
$369,780
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 | $96,000 | $101,000 | $106,000 | $112,000 | $118,000 | $124,000 | $130,000 | $137,000 | $144,000 | $152,000 | $1,220,000 |
rent income | $29,000 | $33,000 | $35,000 | $36,000 | $38,000 | $39,000 | $41,000 | $43,000 | $44,000 | $46,000 | $384,000 |
mortgage principal reduction | $22,000 | $25,000 | $26,000 | $27,000 | $28,000 | $30,000 | $31,000 | $33,000 | $34,000 | $36,000 | $291,000 |
deposit interest | - | - | - | - | - | - | - | - | - | - | - |
gst hst rebate | $24,000 | - | - | - | - | - | - | - | - | - | $24,000 |
total income return | $171,000 | $159,000 | $167,000 | $175,000 | $184,000 | $193,000 | $202,000 | $212,000 | $223,000 | $234,000 | $1,920,000 |
Expense/ Investment
Category | Y1 | Y2 | Y3 | Y4 | Y5 | Y6 | Y7 | Y8 | Y9 | Y10 | Total |
---|---|---|---|---|---|---|---|---|---|---|---|
deposit | $370,000 | - | - | - | - | - | - | - | - | - | $370,000 |
remaining balance payment | - | - | - | - | - | - | - | - | - | - | - |
closing cost | $106,000 | - | - | - | - | - | - | - | - | - | $106,000 |
operating expense | $16,000 | $18,000 | $19,000 | $19,000 | $20,000 | $21,000 | $21,000 | $22,000 | $23,000 | $23,000 | $203,000 |
mortgage payment | $82,000 | $90,000 | $90,000 | $90,000 | $90,000 | $90,000 | $90,000 | $90,000 | $90,000 | $90,000 | $892,000 |
total expense investment | $574,000 | $108,000 | $109,000 | $109,000 | $110,000 | $111,000 | $111,000 | $112,000 | $113,000 | $113,000 | $1,571,000 |
Other
Category | Y1 | Y2 | Y3 | Y4 | Y5 | Y6 | Y7 | Y8 | Y9 | Y10 | Total |
---|---|---|---|---|---|---|---|---|---|---|---|
net gain loss | -$403,494 | $51,000 | $58,000 | $66,000 | $74,000 | $82,000 | $91,000 | $100,000 | $110,000 | $120,000 | $349,000 |
cumulative roi | $26 | $44 | $58 | $71 | $82 | $93 | $103 | $112 | $121 | $130 | $839 |
The Davisville
Address: Toronto C10, Ontario
Price Range: $1,639,000 - $2,929,000
Avail. suites: 13
1—3.5 bd
487—2600 SqFt