Suite number:
Hennchata
Project:
Address:
Toronto C08, Ontario
Developer:
Lanterra Developments
Property type:
condo
Floor plan:
Bathrooms:
2
Bedrooms:
2.5
Size:
904 sqft
Occupancy Date:
Mar 2027
Price, CAD
$1,453,900
Available
ROI
Want to own a unit? —
Investment Period: 5 years
Yearly Return on Investment in Year 5
22.45%
Cumulative Return on Investment in Year 5
104.91%
Property Price at the End of Year 5
$1,873,000
Deposit Schedule
$5,000 at Signing
Total up to 5% in 30 days
$72,695
5% in 90 days
$72,695
5% in 180 days
$72,695
5% in 270 days
$72,695
2% on Occupancy
$29,078
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 | $75,000 | $80,000 | $84,000 | $88,000 | $93,000 | $97,000 | $102,000 | $108,000 | $113,000 | $119,000 | $960,000 |
| rent income | - | - | $24,000 | $33,000 | $34,000 | $35,000 | $37,000 | $39,000 | $40,000 | $42,000 | $283,000 |
| mortgage principal reduction | - | - | $13,000 | $19,000 | $20,000 | $20,000 | $21,000 | $22,000 | $24,000 | $25,000 | $164,000 |
| deposit interest | $11,000 | $15,000 | $3,000 | - | - | - | - | - | - | - | $29,000 |
| gst hst rebate | - | - | $24,000 | - | - | - | - | - | - | - | $24,000 |
| total income return | $87,000 | $95,000 | $147,000 | $139,000 | $146,000 | $153,000 | $161,000 | $169,000 | $177,000 | $186,000 | $1,460,000 |
Expense/ Investment
| Category | Y1 | Y2 | Y3 | Y4 | Y5 | Y6 | Y7 | Y8 | Y9 | Y10 | Total |
|---|---|---|---|---|---|---|---|---|---|---|---|
| deposit | $291,000 | - | $29,000 | - | - | - | - | - | - | - | $320,000 |
| remaining balance payment | - | - | - | - | - | - | - | - | - | - | - |
| closing cost | - | - | $92,000 | - | - | - | - | - | - | - | $92,000 |
| operating expense | - | - | $11,000 | $15,000 | $15,000 | $16,000 | $16,000 | $16,000 | $17,000 | $17,000 | $122,000 |
| mortgage payment | - | - | $55,000 | $73,000 | $73,000 | $73,000 | $73,000 | $73,000 | $73,000 | $73,000 | $564,000 |
| total expense investment | $291,000 | - | $186,000 | $88,000 | $88,000 | $88,000 | $89,000 | $89,000 | $89,000 | $90,000 | $1,098,000 |
Other
| Category | Y1 | Y2 | Y3 | Y4 | Y5 | Y6 | Y7 | Y8 | Y9 | Y10 | Total |
|---|---|---|---|---|---|---|---|---|---|---|---|
| net gain loss | -$204,045 | $95,000 | -$38,726 | $52,000 | $58,000 | $65,000 | $72,000 | $80,000 | $88,000 | $96,000 | $362,000 |
| cumulative roi | $30 | $62 | $78 | $92 | $105 | $116 | $127 | $137 | $147 | $157 | $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