Suite number:
El Presidente
Project:
Address:
Toronto C08, Ontario
Developer:
Lanterra Developments
Property type:
condo
Bathrooms:
2
Bedrooms:
3
Size:
821 sqft
Occupancy Date:
Mar 2027
Price, CAD
$1,409,900
Available
ROI
Want to own a unit? —
Investment Period: 5 years
Yearly Return on Investment in Year 5
22.99%
Cumulative Return on Investment in Year 5
107.43%
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)
Get Expert Advice
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 | - | - | $19,000 | $30,000 | $31,000 | $32,000 | $34,000 | $35,000 | $37,000 | $38,000 | $255,000 |
| mortgage principal reduction | - | - | $12,000 | $19,000 | $20,000 | $21,000 | $21,000 | $22,000 | $23,000 | $25,000 | $163,000 |
| deposit interest | $12,000 | $15,000 | $4,000 | - | - | - | - | - | - | - | $30,000 |
| gst hst rebate | - | - | $24,000 | - | - | - | - | - | - | - | $24,000 |
| total income return | $85,000 | $92,000 | $140,000 | $134,000 | $140,000 | $147,000 | $154,000 | $162,000 | $170,000 | $178,000 | $1,403,000 |
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 | - | - | $88,000 | - | - | - | - | - | - | - | $88,000 |
| operating expense | - | - | $9,000 | $14,000 | $14,000 | $15,000 | $15,000 | $16,000 | $16,000 | $17,000 | $115,000 |
| mortgage payment | - | - | $46,000 | $69,000 | $69,000 | $69,000 | $69,000 | $69,000 | $69,000 | $69,000 | $526,000 |
| total expense investment | $282,000 | - | $171,000 | $82,000 | $83,000 | $83,000 | $84,000 | $84,000 | $85,000 | $85,000 | $1,039,000 |
Other
| Category | Y1 | Y2 | Y3 | Y4 | Y5 | Y6 | Y7 | Y8 | Y9 | Y10 | Total |
|---|---|---|---|---|---|---|---|---|---|---|---|
| net gain loss | -$197,257 | $92,000 | -$30,933 | $51,000 | $58,000 | $64,000 | $71,000 | $78,000 | $85,000 | $93,000 | $364,000 |
| cumulative roi | $30 | $63 | $80 | $95 | $107 | $119 | $129 | $140 | $149 | $159 | $1,000 |
No. 31 Condominiums
Address: Toronto C08, Ontario
Price Range: $920,000 - $1,709,000
Avail. suites: 21
0—3 bd
351—1079 SqFt