Suite number:
1403 - Finn
Project:
Address:
Toronto C08, Ontario
Developer:
Broccolini
Property type:
condo
Bathrooms:
1
Bedrooms:
1
Size:
490 sqft
Occupancy Date:
Dec 2027
$683,990
Available
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Investment Period: 5 years
Yearly Return on Investment in Year 5
21.94%
Cumulative Return on Investment in Year 5
102.51%
Property Price at the End of Year 5
$881,000
Deposit Schedule
$5,000 at Signing
Total up to 5% in 120 days
$34,200
5% in 450 days
$34,200
5% in 1100 days
$34,200
5% on Occupancy
$34,200
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 | $35,000 | $37,000 | $39,000 | $41,000 | $44,000 | $46,000 | $48,000 | $51,000 | $53,000 | $56,000 | $451,000 |
rent income | - | - | - | $11,000 | $12,000 | $12,000 | $13,000 | $14,000 | $14,000 | $15,000 | $90,000 |
mortgage principal reduction | - | - | - | $8,000 | $9,000 | $10,000 | $10,000 | $11,000 | $11,000 | $12,000 | $70,000 |
deposit interest | $1,000 | $3,000 | $4,000 | $88 | - | - | - | - | - | - | $8,000 |
gst hst rebate | - | - | - | $24,000 | - | - | - | - | - | - | $24,000 |
total income return | $37,000 | $41,000 | $43,000 | $84,000 | $65,000 | $68,000 | $71,000 | $75,000 | $78,000 | $82,000 | $644,000 |
Expense/ Investment
Category | Y1 | Y2 | Y3 | Y4 | Y5 | Y6 | Y7 | Y8 | Y9 | Y10 | Total |
---|---|---|---|---|---|---|---|---|---|---|---|
deposit | $34,000 | $34,000 | - | $68,000 | - | - | - | - | - | - | $137,000 |
remaining balance payment | - | - | - | - | - | - | - | - | - | - | - |
closing cost | - | - | - | $59,000 | - | - | - | - | - | - | $59,000 |
operating expense | - | - | - | $6,000 | $7,000 | $7,000 | $8,000 | $8,000 | $8,000 | $8,000 | $53,000 |
mortgage payment | - | - | - | $30,000 | $33,000 | $33,000 | $33,000 | $33,000 | $33,000 | $33,000 | $230,000 |
total expense investment | $34,000 | $34,000 | - | $165,000 | $40,000 | $41,000 | $41,000 | $41,000 | $41,000 | $42,000 | $479,000 |
Other
Category | Y1 | Y2 | Y3 | Y4 | Y5 | Y6 | Y7 | Y8 | Y9 | Y10 | Total |
---|---|---|---|---|---|---|---|---|---|---|---|
net gain loss | $3,000 | $6,000 | $43,000 | -$80,483 | $24,000 | $27,000 | $30,000 | $34,000 | $37,000 | $41,000 | $165,000 |
cumulative roi | $107 | $113 | $176 | $91 | $103 | $112 | $121 | $130 | $138 | $146 | $1,000 |
The RIV
Address: Toronto C08, Ontario
Price Range: $503,000 - $1,320,000
Avail. suites: 30
0—3 bd
328—1200 SqFt