Suite number:
Alberta
Project:
Address:
Toronto C04, Ontario
Developer:
Lanterra Developments
Property type:
condo
Floor plan:
Bathrooms:
2
Bedrooms:
1.5
Size:
965 sqft
Occupancy Date:
Mar 2025
Price, CAD
$1,506,900
Available
ROI
Want to own a unit? —
Investment Period: 5 years
Yearly Return on Investment in Year 5
17.78%
Cumulative Return on Investment in Year 5
83.55%
Property Price at the End of Year 5
$1,941,000
Deposit Schedule
$5,000 at Signing
Total up to 5% in 30 days
$75,345
17% on Occupancy
$256,173
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 | $78,000 | $82,000 | $87,000 | $91,000 | $96,000 | $101,000 | $106,000 | $112,000 | $118,000 | $124,000 | $994,000 |
| rent income | $25,000 | $35,000 | $36,000 | $38,000 | $39,000 | $41,000 | $43,000 | $45,000 | $47,000 | $49,000 | $398,000 |
| mortgage principal reduction | $14,000 | $19,000 | $20,000 | $21,000 | $22,000 | $23,000 | $24,000 | $26,000 | $27,000 | $28,000 | $225,000 |
| deposit interest | $4 | - | - | - | - | - | - | - | - | - | $4 |
| gst hst rebate | $24,000 | - | - | - | - | - | - | - | - | - | $24,000 |
| total income return | $141,000 | $136,000 | $143,000 | $150,000 | $158,000 | $165,000 | $174,000 | $182,000 | $191,000 | $201,000 | $1,642,000 |
Expense/ Investment
| Category | Y1 | Y2 | Y3 | Y4 | Y5 | Y6 | Y7 | Y8 | Y9 | Y10 | Total |
|---|---|---|---|---|---|---|---|---|---|---|---|
| deposit | $332,000 | - | - | - | - | - | - | - | - | - | $332,000 |
| remaining balance payment | - | - | - | - | - | - | - | - | - | - | - |
| closing cost | $94,000 | - | - | - | - | - | - | - | - | - | $94,000 |
| operating expense | $14,000 | $18,000 | $19,000 | $19,000 | $20,000 | $20,000 | $21,000 | $21,000 | $22,000 | $22,000 | $195,000 |
| mortgage payment | $57,000 | $75,000 | $75,000 | $75,000 | $75,000 | $75,000 | $75,000 | $75,000 | $75,000 | $75,000 | $736,000 |
| total expense investment | $495,000 | $94,000 | $94,000 | $95,000 | $95,000 | $96,000 | $96,000 | $97,000 | $97,000 | $97,000 | $1,356,000 |
Other
| Category | Y1 | Y2 | Y3 | Y4 | Y5 | Y6 | Y7 | Y8 | Y9 | Y10 | Total |
|---|---|---|---|---|---|---|---|---|---|---|---|
| net gain loss | -$354,111 | $43,000 | $49,000 | $56,000 | $63,000 | $70,000 | $78,000 | $86,000 | $94,000 | $103,000 | $286,000 |
| cumulative roi | $27 | $44 | $59 | $72 | $84 | $95 | $105 | $115 | $125 | $135 | $859 |
Glen Hill Condos
Address: Toronto C04, Ontario
Price Range: $1,401,000 - $6,658,000
Avail. suites: 30
1—4.5 bd
641—5000 SqFt