Suite number:
Ellison 2
Project:
Address:
Toronto C04, Ontario
Developer:
Lanterra Developments
Property type:
condo
Floor plan:
Bathrooms:
3.5
Bedrooms:
3.5
Size:
2804 sqft
Occupancy Date:
Mar 2025
Price, CAD
$4,779,900
Available
ROI
Want to own a unit? —
Investment Period: 5 years
Yearly Return on Investment in Year 5
17.93%
Cumulative Return on Investment in Year 5
81.74%
Property Price at the End of Year 5
$6,158,000
Deposit Schedule
$5,000 at Signing
Total up to 5% in 30 days
$238,995
17% on Occupancy
$812,583
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 | $248,000 | $261,000 | $275,000 | $289,000 | $304,000 | $320,000 | $337,000 | $354,000 | $373,000 | $392,000 | $3,155,000 |
| rent income | $73,000 | $101,000 | $105,000 | $110,000 | $115,000 | $120,000 | $125,000 | $130,000 | $136,000 | $142,000 | $1,156,000 |
| mortgage principal reduction | $44,000 | $61,000 | $64,000 | $67,000 | $70,000 | $74,000 | $77,000 | $81,000 | $85,000 | $89,000 | $714,000 |
| deposit interest | $14 | - | - | - | - | - | - | - | - | - | $14 |
| gst hst rebate | $24,000 | - | - | - | - | - | - | - | - | - | $24,000 |
| total income return | $389,000 | $424,000 | $445,000 | $467,000 | $490,000 | $514,000 | $539,000 | $566,000 | $594,000 | $623,000 | $5,049,000 |
Expense/ Investment
| Category | Y1 | Y2 | Y3 | Y4 | Y5 | Y6 | Y7 | Y8 | Y9 | Y10 | Total |
|---|---|---|---|---|---|---|---|---|---|---|---|
| deposit | $1,052,000 | - | - | - | - | - | - | - | - | - | $1,052,000 |
| remaining balance payment | - | - | - | - | - | - | - | - | - | - | - |
| closing cost | $252,000 | - | - | - | - | - | - | - | - | - | $252,000 |
| operating expense | $40,000 | $55,000 | $56,000 | $57,000 | $58,000 | $60,000 | $61,000 | $63,000 | $64,000 | $65,000 | $579,000 |
| mortgage payment | $180,000 | $239,000 | $239,000 | $239,000 | $239,000 | $239,000 | $239,000 | $239,000 | $239,000 | $239,000 | $2,334,000 |
| total expense investment | $1,524,000 | $294,000 | $295,000 | $296,000 | $298,000 | $299,000 | $300,000 | $302,000 | $303,000 | $305,000 | $4,217,000 |
Other
| Category | Y1 | Y2 | Y3 | Y4 | Y5 | Y6 | Y7 | Y8 | Y9 | Y10 | Total |
|---|---|---|---|---|---|---|---|---|---|---|---|
| net gain loss | -$1,134,541 | $130,000 | $149,000 | $170,000 | $192,000 | $215,000 | $239,000 | $264,000 | $290,000 | $318,000 | $832,000 |
| cumulative roi | $24 | $42 | $57 | $70 | $82 | $93 | $103 | $113 | $122 | $132 | $837 |
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