Suite number:
Grey 2
Project:
Address:
Toronto C04, Ontario
Developer:
Lanterra Developments
Property type:
condo
Floor plan:
Bathrooms:
2
Bedrooms:
2.5
Size:
1662 sqft
Occupancy Date:
Mar 2025
Price, CAD
$2,789,900
Available
ROI
Want to own a unit? —
Investment Period: 5 years
Yearly Return on Investment in Year 5
17.89%
Cumulative Return on Investment in Year 5
82.36%
Property Price at the End of Year 5
$3,594,000
Deposit Schedule
$5,000 at Signing
Total up to 5% in 30 days
$139,495
17% on Occupancy
$474,283
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 | $145,000 | $153,000 | $161,000 | $169,000 | $178,000 | $187,000 | $197,000 | $207,000 | $218,000 | $229,000 | $1,841,000 |
| rent income | $44,000 | $60,000 | $62,000 | $65,000 | $68,000 | $71,000 | $74,000 | $77,000 | $80,000 | $84,000 | $685,000 |
| mortgage principal reduction | $26,000 | $36,000 | $37,000 | $39,000 | $41,000 | $43,000 | $45,000 | $47,000 | $50,000 | $52,000 | $417,000 |
| deposit interest | $8 | - | - | - | - | - | - | - | - | - | $8 |
| gst hst rebate | $24,000 | - | - | - | - | - | - | - | - | - | $24,000 |
| total income return | $238,000 | $248,000 | $260,000 | $273,000 | $287,000 | $301,000 | $316,000 | $331,000 | $348,000 | $365,000 | $2,967,000 |
Expense/ Investment
| Category | Y1 | Y2 | Y3 | Y4 | Y5 | Y6 | Y7 | Y8 | Y9 | Y10 | Total |
|---|---|---|---|---|---|---|---|---|---|---|---|
| deposit | $614,000 | - | - | - | - | - | - | - | - | - | $614,000 |
| remaining balance payment | - | - | - | - | - | - | - | - | - | - | - |
| closing cost | $153,000 | - | - | - | - | - | - | - | - | - | $153,000 |
| operating expense | $24,000 | $32,000 | $33,000 | $34,000 | $34,000 | $35,000 | $36,000 | $37,000 | $38,000 | $39,000 | $342,000 |
| mortgage payment | $105,000 | $140,000 | $140,000 | $140,000 | $140,000 | $140,000 | $140,000 | $140,000 | $140,000 | $140,000 | $1,362,000 |
| total expense investment | $895,000 | $172,000 | $173,000 | $173,000 | $174,000 | $175,000 | $176,000 | $177,000 | $177,000 | $178,000 | $2,471,000 |
Other
| Category | Y1 | Y2 | Y3 | Y4 | Y5 | Y6 | Y7 | Y8 | Y9 | Y10 | Total |
|---|---|---|---|---|---|---|---|---|---|---|---|
| net gain loss | -$657,412 | $76,000 | $88,000 | $100,000 | $113,000 | $126,000 | $140,000 | $155,000 | $170,000 | $187,000 | $497,000 |
| cumulative roi | $25 | $43 | $58 | $71 | $82 | $93 | $104 | $113 | $123 | $133 | $844 |
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