Suite number:
Hennchata
Project:
Address:
Toronto C08, Ontario
Developer:
Lanterra Developments
Property type:
condo
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
23.22%
Cumulative Return on Investment in Year 5
108.31%
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 | - | - | $21,000 | $33,000 | $34,000 | $36,000 | $37,000 | $39,000 | $40,000 | $42,000 | $281,000 |
| mortgage principal reduction | - | - | $12,000 | $19,000 | $20,000 | $21,000 | $22,000 | $23,000 | $24,000 | $25,000 | $168,000 |
| deposit interest | $12,000 | $15,000 | $4,000 | - | - | - | - | - | - | - | $31,000 |
| gst hst rebate | - | - | $24,000 | - | - | - | - | - | - | - | $24,000 |
| total income return | $87,000 | $95,000 | $145,000 | $140,000 | $147,000 | $154,000 | $162,000 | $170,000 | $178,000 | $187,000 | $1,464,000 |
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 | - | - | $90,000 | - | - | - | - | - | - | - | $90,000 |
| operating expense | - | - | $10,000 | $15,000 | $15,000 | $16,000 | $16,000 | $17,000 | $17,000 | $18,000 | $124,000 |
| mortgage payment | - | - | $47,000 | $71,000 | $71,000 | $71,000 | $71,000 | $71,000 | $71,000 | $71,000 | $542,000 |
| total expense investment | $291,000 | - | $176,000 | $86,000 | $86,000 | $87,000 | $87,000 | $88,000 | $88,000 | $89,000 | $1,076,000 |
Other
| Category | Y1 | Y2 | Y3 | Y4 | Y5 | Y6 | Y7 | Y8 | Y9 | Y10 | Total |
|---|---|---|---|---|---|---|---|---|---|---|---|
| net gain loss | -$203,413 | $95,000 | -$30,740 | $54,000 | $61,000 | $68,000 | $75,000 | $82,000 | $90,000 | $98,000 | $387,000 |
| cumulative roi | $30 | $63 | $80 | $95 | $108 | $120 | $131 | $142 | $152 | $162 | $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