Suite number:

601 - 1D-K

Address:
Toronto, Ontario
Developer:
Block Developments
Property type:
condo
Floor plan:
Bathrooms:
1
Bedrooms:
1.5
Size:
578 sqft
Occupancy Date:
Jan 2025
Price, CAD
$905,990
Available
ROI
Want to own a unit? —
Investment Period: 5 years
Yearly Return on Investment in Year 5

31.51%

Cumulative Return on Investment in Year 5

144.87%

Property Price at the End of Year 5

$1,167,000

Deposit Schedule
$5,000 at Signing
Total up to 20% in 9999 days
$181,198
Net Gain (Loss)
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Property Price Appreciation
Investment Details (10-Year Period)
Income/Return
CategoryY1Y2Y3Y4Y5Y6Y7Y8Y9Y10Total
property price appreciation$47,000$50,000$52,000$55,000$58,000$61,000$64,000$67,000$71,000$74,000$598,000
rent income-----------
mortgage principal reduction$16,000$12,000$13,000$13,000$14,000$14,000$15,000$16,000$17,000$17,000$147,000
deposit interest-----------
gst hst rebate-----------
total income return$63,000$62,000$65,000$68,000$71,000$75,000$79,000$83,000$87,000$92,000$745,000
Expense/ Investment
CategoryY1Y2Y3Y4Y5Y6Y7Y8Y9Y10Total
deposit-----------
remaining balance payment-----------
closing cost-----------
operating expense-----------
mortgage payment$45,000$45,000$45,000$45,000$45,000$45,000$45,000$45,000$45,000$45,000$454,000
total expense investment$45,000$45,000$45,000$45,000$45,000$45,000$45,000$45,000$45,000$45,000$454,000
Other
CategoryY1Y2Y3Y4Y5Y6Y7Y8Y9Y10Total
net gain loss$18,000$16,000$19,000$23,000$26,000$30,000$34,000$38,000$42,000$46,000$291,000
cumulative roi$139$137$139$142$145$148$152$156$160$164$1,000
Groove Urban Condominiums
Address: Toronto, Ontario
Price Range: $782,000 - $1,670,000
Avail. suites: 12
1—3.5 bd
416—1200 SqFt