Suite number:
Grey 2
Project:
Address:
Toronto C04, Ontario
Developer:
Lanterra Developments
Property type:
condo
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
18.43%
Cumulative Return on Investment in Year 5
84.78%
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
5% in 90 days
$139,495
12% on Occupancy
$334,788
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 | $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 | $39,000 | $60,000 | $63,000 | $65,000 | $68,000 | $71,000 | $74,000 | $77,000 | $81,000 | $84,000 | $682,000 |
| mortgage principal reduction | $24,000 | $37,000 | $39,000 | $41,000 | $42,000 | $44,000 | $46,000 | $49,000 | $51,000 | $53,000 | $426,000 |
| deposit interest | $1,000 | - | - | - | - | - | - | - | - | - | $1,000 |
| gst hst rebate | $24,000 | - | - | - | - | - | - | - | - | - | $24,000 |
| total income return | $233,000 | $250,000 | $262,000 | $275,000 | $288,000 | $302,000 | $317,000 | $333,000 | $349,000 | $366,000 | $2,975,000 |
Expense/ Investment
| Category | Y1 | Y2 | Y3 | Y4 | Y5 | Y6 | Y7 | Y8 | Y9 | Y10 | Total |
|---|---|---|---|---|---|---|---|---|---|---|---|
| deposit | $614,000 | - | - | - | - | - | - | - | - | - | $614,000 |
| remaining balance payment | - | - | - | - | - | - | - | - | - | - | - |
| closing cost | $151,000 | - | - | - | - | - | - | - | - | - | $151,000 |
| operating expense | $21,000 | $32,000 | $33,000 | $34,000 | $36,000 | $37,000 | $38,000 | $39,000 | $40,000 | $41,000 | $352,000 |
| mortgage payment | $90,000 | $136,000 | $136,000 | $136,000 | $136,000 | $136,000 | $136,000 | $136,000 | $136,000 | $136,000 | $1,312,000 |
| total expense investment | $877,000 | $168,000 | $169,000 | $170,000 | $171,000 | $172,000 | $174,000 | $175,000 | $176,000 | $177,000 | $2,429,000 |
Other
| Category | Y1 | Y2 | Y3 | Y4 | Y5 | Y6 | Y7 | Y8 | Y9 | Y10 | Total |
|---|---|---|---|---|---|---|---|---|---|---|---|
| net gain loss | -$644,093 | $82,000 | $93,000 | $105,000 | $117,000 | $130,000 | $144,000 | $158,000 | $173,000 | $189,000 | $545,000 |
| cumulative roi | $25 | $44 | $59 | $73 | $85 | $96 | $107 | $117 | $127 | $136 | $868 |
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