Suite number:
Douglas 2
Project:
Address:
Toronto C04, Ontario
Developer:
Lanterra Developments
Property type:
condo
Bathrooms:
2
Bedrooms:
2.5
Size:
1115 sqft
Occupancy Date:
Mar 2025
$1,799,900
Available
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Investment Period: 5 years
Yearly Return on Investment in Year 5
18.39%
Cumulative Return on Investment in Year 5
85.72%
Property Price at the End of Year 5
$2,319,000
Deposit Schedule
$5,000 at Signing
Total up to 5% in 30 days
$89,995
5% in 90 days
$89,995
12% on Occupancy
$215,988
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 | $93,000 | $98,000 | $104,000 | $109,000 | $115,000 | $121,000 | $127,000 | $133,000 | $140,000 | $148,000 | $1,188,000 |
rent income | $26,000 | $40,000 | $42,000 | $44,000 | $46,000 | $48,000 | $50,000 | $52,000 | $54,000 | $56,000 | $457,000 |
mortgage principal reduction | $15,000 | $24,000 | $25,000 | $26,000 | $27,000 | $29,000 | $30,000 | $31,000 | $33,000 | $34,000 | $275,000 |
deposit interest | $988 | - | - | - | - | - | - | - | - | - | $988 |
gst hst rebate | $24,000 | - | - | - | - | - | - | - | - | - | $24,000 |
total income return | $160,000 | $163,000 | $171,000 | $179,000 | $188,000 | $197,000 | $207,000 | $217,000 | $227,000 | $238,000 | $1,945,000 |
Expense/ Investment
Category | Y1 | Y2 | Y3 | Y4 | Y5 | Y6 | Y7 | Y8 | Y9 | Y10 | Total |
---|---|---|---|---|---|---|---|---|---|---|---|
deposit | $396,000 | - | - | - | - | - | - | - | - | - | $396,000 |
remaining balance payment | - | - | - | - | - | - | - | - | - | - | - |
closing cost | $104,000 | - | - | - | - | - | - | - | - | - | $104,000 |
operating expense | $14,000 | $21,000 | $22,000 | $23,000 | $24,000 | $24,000 | $25,000 | $26,000 | $27,000 | $28,000 | $234,000 |
mortgage payment | $58,000 | $88,000 | $88,000 | $88,000 | $88,000 | $88,000 | $88,000 | $88,000 | $88,000 | $88,000 | $846,000 |
total expense investment | $572,000 | $109,000 | $110,000 | $110,000 | $111,000 | $112,000 | $113,000 | $113,000 | $114,000 | $115,000 | $1,580,000 |
Other
Category | Y1 | Y2 | Y3 | Y4 | Y5 | Y6 | Y7 | Y8 | Y9 | Y10 | Total |
---|---|---|---|---|---|---|---|---|---|---|---|
net gain loss | -$412,550 | $54,000 | $61,000 | $69,000 | $77,000 | $85,000 | $94,000 | $103,000 | $113,000 | $123,000 | $365,000 |
cumulative roi | $27 | $45 | $60 | $74 | $86 | $97 | $108 | $118 | $128 | $138 | $879 |
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