Suite number:
Alexandra (NH2 - Podium)
Project:
Address:
Toronto, Ontario
Developer:
Lanterra Developments
Property type:
condo
Floor plan:
Bathrooms:
2
Bedrooms:
2.5
Size:
962 sqft
Occupancy Date:
Sep 2028
Price, CAD
$1,114,600
Available
ROI
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Investment Period: 5 years
Yearly Return on Investment in Year 5
26.13%
Cumulative Return on Investment in Year 5
124.04%
Property Price at the End of Year 5
$1,436,000
Deposit Schedule
$5,000 at Signing
Total up to 5% in 30 days
$55,730
5% in 90 days
$55,730
5% in 180 days
$55,730
5% in 270 days
$55,730
2% on Occupancy
$22,292
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 | $58,000 | $61,000 | $64,000 | $67,000 | $71,000 | $75,000 | $79,000 | $83,000 | $87,000 | $91,000 | $736,000 |
rent income | - | - | - | $25,000 | $35,000 | $36,000 | $38,000 | $39,000 | $41,000 | $43,000 | $257,000 |
mortgage principal reduction | - | - | - | $10,000 | $14,000 | $15,000 | $16,000 | $16,000 | $17,000 | $18,000 | $107,000 |
deposit interest | $9,000 | $12,000 | $12,000 | $2,000 | - | - | - | - | - | - | $35,000 |
gst hst rebate | - | - | - | $24,000 | - | - | - | - | - | - | $24,000 |
total income return | $67,000 | $73,000 | $76,000 | $129,000 | $120,000 | $126,000 | $132,000 | $138,000 | $145,000 | $152,000 | $1,158,000 |
Expense/ Investment
Category | Y1 | Y2 | Y3 | Y4 | Y5 | Y6 | Y7 | Y8 | Y9 | Y10 | Total |
---|---|---|---|---|---|---|---|---|---|---|---|
deposit | $223,000 | - | - | $22,000 | - | - | - | - | - | - | $245,000 |
remaining balance payment | - | - | - | - | - | - | - | - | - | - | - |
closing cost | - | - | - | $78,000 | - | - | - | - | - | - | $78,000 |
operating expense | - | - | - | $11,000 | $15,000 | $15,000 | $15,000 | $16,000 | $16,000 | $16,000 | $103,000 |
mortgage payment | - | - | - | $42,000 | $56,000 | $56,000 | $56,000 | $56,000 | $56,000 | $56,000 | $377,000 |
total expense investment | $223,000 | - | - | $153,000 | $70,000 | $71,000 | $71,000 | $71,000 | $72,000 | $72,000 | $803,000 |
Other
Category | Y1 | Y2 | Y3 | Y4 | Y5 | Y6 | Y7 | Y8 | Y9 | Y10 | Total |
---|---|---|---|---|---|---|---|---|---|---|---|
net gain loss | -$155,921 | $73,000 | $76,000 | -$23,591 | $50,000 | $55,000 | $61,000 | $67,000 | $73,000 | $80,000 | $355,000 |
cumulative roi | $30 | $63 | $97 | $110 | $124 | $137 | $149 | $161 | $173 | $185 | $1,000 |
Notting Hill Condos
Address: Toronto, Ontario
Price Range: $555,000 - $1,370,000
Avail. suites: 86
0—3.5 bd
321—1243 SqFt