Suite number:
2304 - Loom
Project:
Address:
Toronto C08, Ontario
Developer:
Broccolini
Property type:
condo
Floor plan:
Bathrooms:
2
Bedrooms:
2
Size:
735 sqft
Occupancy Date:
Dec 2027
Price, CAD
$1,041,990
Available
ROI
Want to own a unit? —
Investment Period: 5 years
Yearly Return on Investment in Year 5
22.54%
Cumulative Return on Investment in Year 5
102.45%
Property Price at the End of Year 5
$1,342,000
Deposit Schedule
$5,000 at Signing
Total up to 5% in 120 days
$52,100
5% in 450 days
$52,100
10% on Occupancy
$104,199
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 | $54,000 | $57,000 | $60,000 | $63,000 | $66,000 | $70,000 | $73,000 | $77,000 | $81,000 | $85,000 | $688,000 |
rent income | - | - | $2,000 | $22,000 | $23,000 | $23,000 | $24,000 | $26,000 | $27,000 | $28,000 | $174,000 |
mortgage principal reduction | - | - | $1,000 | $13,000 | $14,000 | $14,000 | $15,000 | $16,000 | $16,000 | $17,000 | $106,000 |
deposit interest | $2,000 | $5,000 | $5,000 | - | - | - | - | - | - | - | $11,000 |
gst hst rebate | - | - | - | $24,000 | - | - | - | - | - | - | $24,000 |
total income return | $56,000 | $62,000 | $67,000 | $122,000 | $102,000 | $107,000 | $113,000 | $118,000 | $124,000 | $130,000 | $1,002,000 |
Expense/ Investment
Category | Y1 | Y2 | Y3 | Y4 | Y5 | Y6 | Y7 | Y8 | Y9 | Y10 | Total |
---|---|---|---|---|---|---|---|---|---|---|---|
deposit | $52,000 | $52,000 | $104,000 | - | - | - | - | - | - | - | $208,000 |
remaining balance payment | - | - | - | - | - | - | - | - | - | - | - |
closing cost | - | - | $75,000 | - | - | - | - | - | - | - | $75,000 |
operating expense | - | - | $904 | $11,000 | $11,000 | $11,000 | $12,000 | $12,000 | $12,000 | $12,000 | $82,000 |
mortgage payment | - | - | $4,000 | $52,000 | $52,000 | $52,000 | $52,000 | $52,000 | $52,000 | $52,000 | $370,000 |
total expense investment | $52,000 | $52,000 | $185,000 | $63,000 | $63,000 | $64,000 | $64,000 | $64,000 | $64,000 | $65,000 | $736,000 |
Other
Category | Y1 | Y2 | Y3 | Y4 | Y5 | Y6 | Y7 | Y8 | Y9 | Y10 | Total |
---|---|---|---|---|---|---|---|---|---|---|---|
net gain loss | $4,000 | $10,000 | -$117,164 | $59,000 | $39,000 | $44,000 | $49,000 | $54,000 | $60,000 | $66,000 | $267,000 |
cumulative roi | $107 | $113 | $66 | $90 | $102 | $113 | $123 | $133 | $142 | $151 | $1,000 |
The RIV
Address: Toronto C08, Ontario
Price Range: $503,000 - $1,320,000
Avail. suites: 30
0—3 bd
328—1200 SqFt