Suite number:
The Lola (The Residence Collection)
Project:
Address:
Toronto C10, Ontario
Developer:
The Rockport Group
Property type:
condo
Bathrooms:
2
Bedrooms:
2
Size:
950 sqft
Occupancy Date:
Dec 2024
Price, CAD
$1,638,900
Available
ROI
Want to own a unit? —
Investment Period: 5 years
Yearly Return on Investment in Year 5
17.41%
Cumulative Return on Investment in Year 5
81.98%
Property Price at the End of Year 5
$2,111,000
Deposit Schedule
$5,000 at Signing
Total up to 20% in 10359 days
$327,780
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 | $85,000 | $90,000 | $94,000 | $99,000 | $104,000 | $110,000 | $116,000 | $122,000 | $128,000 | $134,000 | $1,082,000 |
| rent income | $25,000 | $29,000 | $30,000 | $31,000 | $33,000 | $34,000 | $36,000 | $37,000 | $39,000 | $40,000 | $335,000 |
| mortgage principal reduction | $19,000 | $22,000 | $23,000 | $24,000 | $25,000 | $26,000 | $28,000 | $29,000 | $30,000 | $32,000 | $258,000 |
| deposit interest | - | - | - | - | - | - | - | - | - | - | - |
| gst hst rebate | $24,000 | - | - | - | - | - | - | - | - | - | $24,000 |
| total income return | $154,000 | $141,000 | $147,000 | $155,000 | $162,000 | $170,000 | $179,000 | $188,000 | $197,000 | $206,000 | $1,699,000 |
Expense/ Investment
| Category | Y1 | Y2 | Y3 | Y4 | Y5 | Y6 | Y7 | Y8 | Y9 | Y10 | Total |
|---|---|---|---|---|---|---|---|---|---|---|---|
| deposit | $328,000 | - | - | - | - | - | - | - | - | - | $328,000 |
| remaining balance payment | - | - | - | - | - | - | - | - | - | - | - |
| closing cost | $98,000 | - | - | - | - | - | - | - | - | - | $98,000 |
| operating expense | $14,000 | $16,000 | $17,000 | $17,000 | $18,000 | $18,000 | $19,000 | $19,000 | $20,000 | $21,000 | $178,000 |
| mortgage payment | $73,000 | $80,000 | $80,000 | $80,000 | $80,000 | $80,000 | $80,000 | $80,000 | $80,000 | $80,000 | $791,000 |
| total expense investment | $513,000 | $96,000 | $96,000 | $97,000 | $97,000 | $98,000 | $98,000 | $99,000 | $100,000 | $100,000 | $1,394,000 |
Other
| Category | Y1 | Y2 | Y3 | Y4 | Y5 | Y6 | Y7 | Y8 | Y9 | Y10 | Total |
|---|---|---|---|---|---|---|---|---|---|---|---|
| net gain loss | -$358,835 | $45,000 | $51,000 | $58,000 | $65,000 | $72,000 | $80,000 | $89,000 | $97,000 | $106,000 | $305,000 |
| cumulative roi | $27 | $44 | $58 | $71 | $82 | $92 | $102 | $111 | $121 | $129 | $837 |
The Davisville
Address: Toronto C10, Ontario
Price Range: $1,639,000 - $2,929,000
Avail. suites: 13
1—3.5 bd
487—2600 SqFt