Suite number:
2807 - Grove
Project:
Address:
Toronto C08, Ontario
Developer:
Broccolini
Property type:
condo
Floor plan:
Bathrooms:
2
Bedrooms:
2
Size:
625 sqft
Occupancy Date:
Dec 2027
Price, CAD
$931,990
Available
ROI
Want to own a unit? —
Investment Period: 5 years
Yearly Return on Investment in Year 5
22.20%
Cumulative Return on Investment in Year 5
101.72%
Property Price at the End of Year 5
$1,201,000
Deposit Schedule
$5,000 at Signing
Total up to 5% in 120 days
$46,600
5% in 450 days
$46,600
10% on Occupancy
$93,199
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 | $48,000 | $51,000 | $54,000 | $56,000 | $59,000 | $62,000 | $66,000 | $69,000 | $73,000 | $76,000 | $615,000 |
| rent income | - | - | $2,000 | $18,000 | $19,000 | $20,000 | $21,000 | $22,000 | $23,000 | $24,000 | $148,000 |
| mortgage principal reduction | - | - | $938 | $12,000 | $12,000 | $13,000 | $13,000 | $14,000 | $15,000 | $15,000 | $95,000 |
| deposit interest | $2,000 | $4,000 | $4,000 | - | - | - | - | - | - | - | $10,000 |
| gst hst rebate | - | - | - | $24,000 | - | - | - | - | - | - | $24,000 |
| total income return | $50,000 | $55,000 | $60,000 | $110,000 | $91,000 | $95,000 | $100,000 | $105,000 | $110,000 | $115,000 | $891,000 |
Expense/ Investment
| Category | Y1 | Y2 | Y3 | Y4 | Y5 | Y6 | Y7 | Y8 | Y9 | Y10 | Total |
|---|---|---|---|---|---|---|---|---|---|---|---|
| deposit | $47,000 | $47,000 | $93,000 | - | - | - | - | - | - | - | $186,000 |
| remaining balance payment | - | - | - | - | - | - | - | - | - | - | - |
| closing cost | - | - | $71,000 | - | - | - | - | - | - | - | $71,000 |
| operating expense | - | - | $780 | $9,000 | $10,000 | $10,000 | $10,000 | $10,000 | $10,000 | $11,000 | $71,000 |
| mortgage payment | - | - | $4,000 | $47,000 | $47,000 | $47,000 | $47,000 | $47,000 | $47,000 | $47,000 | $331,000 |
| total expense investment | $47,000 | $47,000 | $169,000 | $56,000 | $56,000 | $56,000 | $57,000 | $57,000 | $57,000 | $57,000 | $659,000 |
Other
| Category | Y1 | Y2 | Y3 | Y4 | Y5 | Y6 | Y7 | Y8 | Y9 | Y10 | Total |
|---|---|---|---|---|---|---|---|---|---|---|---|
| net gain loss | $3,000 | $9,000 | -$108,378 | $54,000 | $34,000 | $39,000 | $43,000 | $48,000 | $53,000 | $58,000 | $233,000 |
| cumulative roi | $107 | $113 | $66 | $90 | $102 | $112 | $122 | $131 | $140 | $149 | $1,000 |
The RIV
Address: Toronto C08, Ontario
Price Range: $503,000 - $1,320,000
Avail. suites: 30
0—3 bd
328—1200 SqFt