Suite number:
Ellison 2
Project:
Address:
Toronto C04, Ontario
Developer:
Lanterra Developments
Property type:
condo
Bathrooms:
3.5
Bedrooms:
3.5
Size:
2804 sqft
Occupancy Date:
Mar 2025
Price, CAD
$4,779,900
Available
ROI
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Investment Period: 5 years
Yearly Return on Investment in Year 5
18.47%
Cumulative Return on Investment in Year 5
84.12%
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
5% in 90 days
$238,995
12% on Occupancy
$573,588
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 | $66,000 | $101,000 | $106,000 | $110,000 | $115,000 | $120,000 | $125,000 | $130,000 | $136,000 | $142,000 | $1,150,000 |
| mortgage principal reduction | $41,000 | $64,000 | $66,000 | $70,000 | $73,000 | $76,000 | $80,000 | $83,000 | $87,000 | $91,000 | $730,000 |
| deposit interest | $3,000 | - | - | - | - | - | - | - | - | - | $3,000 |
| gst hst rebate | $24,000 | - | - | - | - | - | - | - | - | - | $24,000 |
| total income return | $381,000 | $426,000 | $447,000 | $469,000 | $492,000 | $516,000 | $541,000 | $568,000 | $596,000 | $625,000 | $5,061,000 |
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 | $251,000 | - | - | - | - | - | - | - | - | - | $251,000 |
| operating expense | $36,000 | $55,000 | $57,000 | $58,000 | $60,000 | $62,000 | $64,000 | $66,000 | $68,000 | $70,000 | $596,000 |
| mortgage payment | $155,000 | $233,000 | $233,000 | $233,000 | $233,000 | $233,000 | $233,000 | $233,000 | $233,000 | $233,000 | $2,248,000 |
| total expense investment | $1,493,000 | $287,000 | $289,000 | $291,000 | $293,000 | $295,000 | $297,000 | $299,000 | $301,000 | $303,000 | $4,146,000 |
Other
| Category | Y1 | Y2 | Y3 | Y4 | Y5 | Y6 | Y7 | Y8 | Y9 | Y10 | Total |
|---|---|---|---|---|---|---|---|---|---|---|---|
| net gain loss | -$1,112,464 | $139,000 | $158,000 | $178,000 | $199,000 | $222,000 | $245,000 | $269,000 | $295,000 | $322,000 | $915,000 |
| cumulative roi | $24 | $43 | $58 | $72 | $84 | $95 | $106 | $116 | $126 | $136 | $860 |
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