Suite number:
The Lola (The Residence Collection)
Project:
Address:
Toronto C10, Ontario
Developer:
The Rockport Group
Property type:
condo
Floor plan:
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
38.99%
Cumulative Return on Investment in Year 5
184.01%
Property Price at the End of Year 5
$2,111,000
Deposit Schedule
$5,000 at Signing
Total up to 20% in 9999 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 | $29,000 | $30,000 | $31,000 | $33,000 | $34,000 | $36,000 | $37,000 | $39,000 | $40,000 | $42,000 | $352,000 |
mortgage principal reduction | $20,000 | $21,000 | $22,000 | $23,000 | $24,000 | $26,000 | $27,000 | $28,000 | $30,000 | $31,000 | $253,000 |
deposit interest | - | - | - | - | - | - | - | - | - | - | - |
gst hst rebate | $24,000 | - | - | - | - | - | - | - | - | - | $24,000 |
total income return | $158,000 | $141,000 | $148,000 | $155,000 | $163,000 | $171,000 | $180,000 | $188,000 | $198,000 | $208,000 | $1,710,000 |
Expense/ Investment
Category | Y1 | Y2 | Y3 | Y4 | Y5 | Y6 | Y7 | Y8 | Y9 | Y10 | Total |
---|---|---|---|---|---|---|---|---|---|---|---|
deposit | - | - | - | - | - | - | - | - | - | - | - |
remaining balance payment | - | - | - | - | - | - | - | - | - | - | - |
closing cost | - | - | - | - | - | - | - | - | - | - | - |
operating expense | $16,000 | $16,000 | $17,000 | $17,000 | $17,000 | $18,000 | $18,000 | $19,000 | $19,000 | $19,000 | $176,000 |
mortgage payment | $82,000 | $82,000 | $82,000 | $82,000 | $82,000 | $82,000 | $82,000 | $82,000 | $82,000 | $82,000 | $821,000 |
total expense investment | $98,000 | $98,000 | $99,000 | $99,000 | $99,000 | $100,000 | $100,000 | $101,000 | $101,000 | $102,000 | $997,000 |
Other
Category | Y1 | Y2 | Y3 | Y4 | Y5 | Y6 | Y7 | Y8 | Y9 | Y10 | Total |
---|---|---|---|---|---|---|---|---|---|---|---|
net gain loss | $60,000 | $43,000 | $49,000 | $56,000 | $64,000 | $71,000 | $79,000 | $88,000 | $97,000 | $106,000 | $713,000 |
cumulative roi | $204 | $183 | $179 | $181 | $184 | $188 | $194 | $199 | $206 | $212 | $2,000 |
The Davisville
Address: Toronto C10, Ontario
Price Range: $1,639,000 - $2,929,000
Avail. suites: 13
1—3.5 bd
487—2600 SqFt