Suite number:
Douglas 2
Project:
Address:
Toronto C04, Ontario
Developer:
Lanterra Developments
Property type:
condo
Floor plan:
Bathrooms:
2
Bedrooms:
2.5
Size:
1115 sqft
Occupancy Date:
Mar 2025
Price, CAD
$1,799,900
Available
ROI
Want to own a unit? —
Investment Period: 5 years
Yearly Return on Investment in Year 5
17.84%
Cumulative Return on Investment in Year 5
83.22%
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
17% on Occupancy
$305,983
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 | $29,000 | $40,000 | $42,000 | $44,000 | $46,000 | $48,000 | $50,000 | $52,000 | $54,000 | $56,000 | $460,000 |
| mortgage principal reduction | $17,000 | $23,000 | $24,000 | $25,000 | $27,000 | $28,000 | $29,000 | $31,000 | $32,000 | $34,000 | $269,000 |
| deposit interest | $5 | - | - | - | - | - | - | - | - | - | $5 |
| gst hst rebate | $24,000 | - | - | - | - | - | - | - | - | - | $24,000 |
| total income return | $163,000 | $162,000 | $170,000 | $178,000 | $187,000 | $196,000 | $206,000 | $216,000 | $226,000 | $238,000 | $1,941,000 |
Expense/ Investment
| Category | Y1 | Y2 | Y3 | Y4 | Y5 | Y6 | Y7 | Y8 | Y9 | Y10 | Total |
|---|---|---|---|---|---|---|---|---|---|---|---|
| deposit | $396,000 | - | - | - | - | - | - | - | - | - | $396,000 |
| remaining balance payment | - | - | - | - | - | - | - | - | - | - | - |
| closing cost | $105,000 | - | - | - | - | - | - | - | - | - | $105,000 |
| operating expense | $16,000 | $21,000 | $22,000 | $22,000 | $23,000 | $23,000 | $24,000 | $25,000 | $25,000 | $26,000 | $227,000 |
| mortgage payment | $68,000 | $90,000 | $90,000 | $90,000 | $90,000 | $90,000 | $90,000 | $90,000 | $90,000 | $90,000 | $879,000 |
| total expense investment | $585,000 | $112,000 | $112,000 | $113,000 | $113,000 | $114,000 | $114,000 | $115,000 | $115,000 | $116,000 | $1,607,000 |
Other
| Category | Y1 | Y2 | Y3 | Y4 | Y5 | Y6 | Y7 | Y8 | Y9 | Y10 | Total |
|---|---|---|---|---|---|---|---|---|---|---|---|
| net gain loss | -$421,716 | $50,000 | $58,000 | $65,000 | $74,000 | $82,000 | $92,000 | $101,000 | $111,000 | $122,000 | $333,000 |
| cumulative roi | $26 | $44 | $58 | $71 | $83 | $94 | $104 | $114 | $124 | $134 | $854 |
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