Suite number:
Daiquiri
Project:
Address:
Toronto C08, Ontario
Developer:
Lanterra Developments
Property type:
condo
Floor plan:
Bathrooms:
2
Bedrooms:
2
Size:
677 sqft
Occupancy Date:
Mar 2027
Price, CAD
$1,174,900
Available
ROI
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Investment Period: 5 years
Yearly Return on Investment in Year 5
21.41%
Cumulative Return on Investment in Year 5
101.14%
Property Price at the End of Year 5
$1,514,000
Deposit Schedule
$5,000 at Signing
Total up to 5% in 30 days
$58,745
5% in 90 days
$58,745
5% in 180 days
$58,745
5% in 270 days
$58,745
2% on Occupancy
$23,498
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 | $61,000 | $64,000 | $68,000 | $71,000 | $75,000 | $79,000 | $83,000 | $87,000 | $92,000 | $96,000 | $775,000 |
rent income | - | - | $15,000 | $20,000 | $21,000 | $22,000 | $23,000 | $24,000 | $25,000 | $26,000 | $178,000 |
mortgage principal reduction | - | - | $11,000 | $15,000 | $16,000 | $17,000 | $17,000 | $18,000 | $19,000 | $20,000 | $133,000 |
deposit interest | $9,000 | $12,000 | $2,000 | - | - | - | - | - | - | - | $24,000 |
gst hst rebate | - | - | $24,000 | - | - | - | - | - | - | - | $24,000 |
total income return | $70,000 | $76,000 | $120,000 | $107,000 | $112,000 | $117,000 | $123,000 | $129,000 | $136,000 | $143,000 | $1,133,000 |
Expense/ Investment
Category | Y1 | Y2 | Y3 | Y4 | Y5 | Y6 | Y7 | Y8 | Y9 | Y10 | Total |
---|---|---|---|---|---|---|---|---|---|---|---|
deposit | $235,000 | - | $23,000 | - | - | - | - | - | - | - | $258,000 |
remaining balance payment | - | - | - | - | - | - | - | - | - | - | - |
closing cost | - | - | $80,000 | - | - | - | - | - | - | - | $80,000 |
operating expense | - | - | $8,000 | $11,000 | $11,000 | $11,000 | $12,000 | $12,000 | $12,000 | $13,000 | $90,000 |
mortgage payment | - | - | $44,000 | $59,000 | $59,000 | $59,000 | $59,000 | $59,000 | $59,000 | $59,000 | $456,000 |
total expense investment | $235,000 | - | $156,000 | $70,000 | $70,000 | $70,000 | $71,000 | $71,000 | $71,000 | $71,000 | $885,000 |
Other
Category | Y1 | Y2 | Y3 | Y4 | Y5 | Y6 | Y7 | Y8 | Y9 | Y10 | Total |
---|---|---|---|---|---|---|---|---|---|---|---|
net gain loss | -$164,889 | $76,000 | -$36,662 | $37,000 | $42,000 | $47,000 | $53,000 | $59,000 | $65,000 | $71,000 | $248,000 |
cumulative roi | $30 | $62 | $77 | $90 | $101 | $111 | $120 | $129 | $137 | $146 | $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