Suite number:
The Colin
Project:
Address:
Toronto C10, Ontario
Developer:
The Rockport Group
Property type:
condo
Bathrooms:
3
Bedrooms:
3
Size:
2600 sqft
Occupancy Date:
Dec 2024
Price, CAD
$2,818,900
Available
ROI
Want to own a unit? —
Investment Period: 5 years
Yearly Return on Investment in Year 5
20.27%
Cumulative Return on Investment in Year 5
93.87%
Property Price at the End of Year 5
$3,632,000
Deposit Schedule
$5,000 at Signing
Total up to 20% in 10359 days
$563,780
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 | $146,000 | $154,000 | $162,000 | $171,000 | $180,000 | $189,000 | $199,000 | $209,000 | $220,000 | $231,000 | $1,860,000 |
| rent income | $84,000 | $95,000 | $99,000 | $103,000 | $108,000 | $112,000 | $117,000 | $122,000 | $127,000 | $133,000 | $1,100,000 |
| mortgage principal reduction | $33,000 | $38,000 | $40,000 | $41,000 | $43,000 | $45,000 | $47,000 | $50,000 | $52,000 | $54,000 | $444,000 |
| deposit interest | - | - | - | - | - | - | - | - | - | - | - |
| gst hst rebate | $24,000 | - | - | - | - | - | - | - | - | - | $24,000 |
| total income return | $287,000 | $287,000 | $301,000 | $315,000 | $331,000 | $346,000 | $363,000 | $381,000 | $399,000 | $418,000 | $3,429,000 |
Expense/ Investment
| Category | Y1 | Y2 | Y3 | Y4 | Y5 | Y6 | Y7 | Y8 | Y9 | Y10 | Total |
|---|---|---|---|---|---|---|---|---|---|---|---|
| deposit | $564,000 | - | - | - | - | - | - | - | - | - | $564,000 |
| remaining balance payment | - | - | - | - | - | - | - | - | - | - | - |
| closing cost | $153,000 | - | - | - | - | - | - | - | - | - | $153,000 |
| operating expense | $36,000 | $40,000 | $41,000 | $43,000 | $44,000 | $46,000 | $47,000 | $49,000 | $50,000 | $52,000 | $447,000 |
| mortgage payment | $126,000 | $137,000 | $137,000 | $137,000 | $137,000 | $137,000 | $137,000 | $137,000 | $137,000 | $137,000 | $1,360,000 |
| total expense investment | $878,000 | $177,000 | $179,000 | $180,000 | $181,000 | $183,000 | $184,000 | $186,000 | $187,000 | $189,000 | $2,524,000 |
Other
| Category | Y1 | Y2 | Y3 | Y4 | Y5 | Y6 | Y7 | Y8 | Y9 | Y10 | Total |
|---|---|---|---|---|---|---|---|---|---|---|---|
| net gain loss | -$591,039 | $110,000 | $122,000 | $135,000 | $149,000 | $164,000 | $179,000 | $195,000 | $212,000 | $230,000 | $905,000 |
| cumulative roi | $26 | $45 | $63 | $79 | $94 | $108 | $122 | $136 | $150 | $164 | $988 |
The Davisville
Address: Toronto C10, Ontario
Price Range: $1,639,000 - $2,929,000
Avail. suites: 13
1—3.5 bd
487—2600 SqFt