Suite number:
The Colin
Project:
Address:
Toronto C10, Ontario
Developer:
The Rockport Group
Property type:
condo
Floor plan:
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
56.34%
Cumulative Return on Investment in Year 5
261.48%
Property Price at the End of Year 5
$3,632,000
Deposit Schedule
$5,000 at Signing
Total up to 20% in 9999 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 | $94,000 | $98,000 | $103,000 | $107,000 | $112,000 | $116,000 | $121,000 | $127,000 | $132,000 | $138,000 | $1,149,000 |
| mortgage principal reduction | $35,000 | $36,000 | $38,000 | $40,000 | $42,000 | $44,000 | $46,000 | $48,000 | $51,000 | $53,000 | $435,000 |
| deposit interest | - | - | - | - | - | - | - | - | - | - | - |
| gst hst rebate | $24,000 | - | - | - | - | - | - | - | - | - | $24,000 |
| total income return | $299,000 | $289,000 | $303,000 | $318,000 | $333,000 | $349,000 | $366,000 | $384,000 | $403,000 | $422,000 | $3,468,000 |
Expense/ Investment
| Category | Y1 | Y2 | Y3 | Y4 | Y5 | Y6 | Y7 | Y8 | Y9 | Y10 | Total |
|---|---|---|---|---|---|---|---|---|---|---|---|
| deposit | - | - | - | - | - | - | - | - | - | - | - |
| remaining balance payment | - | - | - | - | - | - | - | - | - | - | - |
| closing cost | - | - | - | - | - | - | - | - | - | - | - |
| operating expense | $40,000 | $41,000 | $42,000 | $43,000 | $44,000 | $45,000 | $46,000 | $47,000 | $48,000 | $49,000 | $444,000 |
| mortgage payment | $141,000 | $141,000 | $141,000 | $141,000 | $141,000 | $141,000 | $141,000 | $141,000 | $141,000 | $141,000 | $1,412,000 |
| total expense investment | $181,000 | $182,000 | $183,000 | $184,000 | $185,000 | $186,000 | $187,000 | $188,000 | $189,000 | $190,000 | $1,855,000 |
Other
| Category | Y1 | Y2 | Y3 | Y4 | Y5 | Y6 | Y7 | Y8 | Y9 | Y10 | Total |
|---|---|---|---|---|---|---|---|---|---|---|---|
| net gain loss | $118,000 | $107,000 | $120,000 | $134,000 | $148,000 | $163,000 | $179,000 | $196,000 | $214,000 | $232,000 | $1,613,000 |
| cumulative roi | $258 | $243 | $245 | $252 | $261 | $273 | $285 | $299 | $315 | $332 | $3,000 |
The Davisville
Address: Toronto C10, Ontario
Price Range: $1,639,000 - $2,929,000
Avail. suites: 13
1—3.5 bd
487—2600 SqFt