Suite number:
El Presidente
Project:
Address:
Toronto C08, 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
22.23%
Cumulative Return on Investment in Year 5
104.05%
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 | - | - | $22,000 | $30,000 | $31,000 | $32,000 | $34,000 | $35,000 | $37,000 | $38,000 | $257,000 |
mortgage principal reduction | - | - | $13,000 | $18,000 | $19,000 | $20,000 | $21,000 | $22,000 | $23,000 | $24,000 | $159,000 |
deposit interest | $11,000 | $15,000 | $3,000 | - | - | - | - | - | - | - | $28,000 |
gst hst rebate | - | - | $24,000 | - | - | - | - | - | - | - | $24,000 |
total income return | $84,000 | $92,000 | $142,000 | $133,000 | $140,000 | $146,000 | $154,000 | $161,000 | $169,000 | $178,000 | $1,399,000 |
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 | - | - | $10,000 | $14,000 | $14,000 | $14,000 | $15,000 | $15,000 | $15,000 | $16,000 | $113,000 |
mortgage payment | - | - | $53,000 | $71,000 | $71,000 | $71,000 | $71,000 | $71,000 | $71,000 | $71,000 | $547,000 |
total expense investment | $282,000 | - | $181,000 | $84,000 | $85,000 | $85,000 | $85,000 | $86,000 | $86,000 | $86,000 | $1,060,000 |
Other
Category | Y1 | Y2 | Y3 | Y4 | Y5 | Y6 | Y7 | Y8 | Y9 | Y10 | Total |
---|---|---|---|---|---|---|---|---|---|---|---|
net gain loss | -$197,870 | $92,000 | -$38,827 | $49,000 | $55,000 | $62,000 | $68,000 | $76,000 | $83,000 | $91,000 | $339,000 |
cumulative roi | $30 | $62 | $78 | $92 | $104 | $115 | $125 | $135 | $145 | $154 | $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