Suite number:
Briar Hill
Project:
Address:
Toronto C04, Ontario
Developer:
Lanterra Developments
Property type:
condo
Floor plan:
Bathrooms:
2
Bedrooms:
1.5
Size:
910 sqft
Occupancy Date:
Mar 2025
Price, CAD
$1,400,900
Available
ROI
Want to own a unit? —
Investment Period: 5 years
Yearly Return on Investment in Year 5
17.76%
Cumulative Return on Investment in Year 5
83.70%
Property Price at the End of Year 5
$1,805,000
Deposit Schedule
$5,000 at Signing
Total up to 5% in 30 days
$70,045
17% on Occupancy
$238,153
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 | $89,000 | $94,000 | $99,000 | $104,000 | $109,000 | $115,000 | $925,000 |
| rent income | $24,000 | $33,000 | $34,000 | $36,000 | $37,000 | $39,000 | $40,000 | $42,000 | $44,000 | $46,000 | $375,000 |
| mortgage principal reduction | $13,000 | $18,000 | $19,000 | $20,000 | $21,000 | $22,000 | $23,000 | $24,000 | $25,000 | $26,000 | $209,000 |
| deposit interest | $4 | - | - | - | - | - | - | - | - | - | $4 |
| gst hst rebate | $24,000 | - | - | - | - | - | - | - | - | - | $24,000 |
| total income return | $133,000 | $127,000 | $134,000 | $140,000 | $147,000 | $154,000 | $162,000 | $170,000 | $178,000 | $187,000 | $1,533,000 |
Expense/ Investment
| Category | Y1 | Y2 | Y3 | Y4 | Y5 | Y6 | Y7 | Y8 | Y9 | Y10 | Total |
|---|---|---|---|---|---|---|---|---|---|---|---|
| deposit | $308,000 | - | - | - | - | - | - | - | - | - | $308,000 |
| remaining balance payment | - | - | - | - | - | - | - | - | - | - | - |
| closing cost | $89,000 | - | - | - | - | - | - | - | - | - | $89,000 |
| operating expense | $13,000 | $17,000 | $18,000 | $18,000 | $18,000 | $19,000 | $19,000 | $20,000 | $20,000 | $21,000 | $183,000 |
| mortgage payment | $53,000 | $70,000 | $70,000 | $70,000 | $70,000 | $70,000 | $70,000 | $70,000 | $70,000 | $70,000 | $684,000 |
| total expense investment | $463,000 | $87,000 | $88,000 | $88,000 | $89,000 | $89,000 | $89,000 | $90,000 | $90,000 | $91,000 | $1,265,000 |
Other
| Category | Y1 | Y2 | Y3 | Y4 | Y5 | Y6 | Y7 | Y8 | Y9 | Y10 | Total |
|---|---|---|---|---|---|---|---|---|---|---|---|
| net gain loss | -$329,665 | $40,000 | $46,000 | $52,000 | $58,000 | $65,000 | $72,000 | $80,000 | $88,000 | $96,000 | $268,000 |
| cumulative roi | $27 | $44 | $59 | $72 | $84 | $95 | $105 | $115 | $125 | $135 | $861 |
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