Suite number:
El Presidente
Project:
Address:
Toronto, Ontario
Developer:
Lanterra Developments
Property type:
condo
Floor plan:
Bathrooms:
2
Bedrooms:
3
Size:
821 sqft
Occupancy Date:
Mar 2027
Price, CAD
$1,409,900
Available
ROI
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Investment Period: 5 years
Yearly Return on Investment in Year 5
20.11%
Cumulative Return on Investment in Year 5
94.38%
Property Price at the End of Year 5
$1,816,000
Deposit Schedule
$5,000 at Signing
Total up to 5% in 30 days
$70,495
5% in 90 days
$70,495
5% in 180 days
$70,495
5% in 270 days
$70,495
2% on Occupancy
$28,198
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 | $73,000 | $77,000 | $81,000 | $85,000 | $90,000 | $94,000 | $99,000 | $105,000 | $110,000 | $116,000 | $930,000 |
| rent income | - | $17,000 | $29,000 | $31,000 | $32,000 | $33,000 | $35,000 | $36,000 | $38,000 | $39,000 | $290,000 |
| mortgage principal reduction | - | $10,000 | $18,000 | $19,000 | $20,000 | $21,000 | $22,000 | $23,000 | $24,000 | $25,000 | $180,000 |
| deposit interest | $11,000 | $6,000 | - | - | - | - | - | - | - | - | $17,000 |
| gst hst rebate | - | $24,000 | - | - | - | - | - | - | - | - | $24,000 |
| total income return | $84,000 | $134,000 | $128,000 | $135,000 | $141,000 | $148,000 | $156,000 | $163,000 | $172,000 | $180,000 | $1,442,000 |
Expense/ Investment
| Category | Y1 | Y2 | Y3 | Y4 | Y5 | Y6 | Y7 | Y8 | Y9 | Y10 | Total |
|---|---|---|---|---|---|---|---|---|---|---|---|
| deposit | $282,000 | $28,000 | - | - | - | - | - | - | - | - | $310,000 |
| remaining balance payment | - | - | - | - | - | - | - | - | - | - | - |
| closing cost | - | $90,000 | - | - | - | - | - | - | - | - | $90,000 |
| operating expense | - | $8,000 | $14,000 | $14,000 | $14,000 | $15,000 | $15,000 | $15,000 | $16,000 | $16,000 | $127,000 |
| mortgage payment | - | $41,000 | $71,000 | $71,000 | $71,000 | $71,000 | $71,000 | $71,000 | $71,000 | $71,000 | $606,000 |
| total expense investment | $282,000 | $167,000 | $84,000 | $85,000 | $85,000 | $85,000 | $86,000 | $86,000 | $86,000 | $87,000 | $1,133,000 |
Other
| Category | Y1 | Y2 | Y3 | Y4 | Y5 | Y6 | Y7 | Y8 | Y9 | Y10 | Total |
|---|---|---|---|---|---|---|---|---|---|---|---|
| net gain loss | -$197,866 | -$33,275 | $44,000 | $50,000 | $57,000 | $63,000 | $70,000 | $78,000 | $85,000 | $93,000 | $309,000 |
| cumulative roi | $30 | $53 | $69 | $82 | $94 | $105 | $116 | $126 | $136 | $145 | $956 |
No. 31 Condominiums
Address: Toronto, Ontario
Price Range: $920,000 - $1,709,000
Avail. suites: 21
0—3 bd
351—1079 SqFt