Suite number:
Blackthorn
Project:
Address:
Toronto C08, Ontario
Developer:
Lanterra Developments
Property type:
condo
Bathrooms:
2
Bedrooms:
3
Size:
1079 sqft
Occupancy Date:
Mar 2027
Price, CAD
$1,708,900
Available
ROI
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Investment Period: 5 years
Yearly Return on Investment in Year 5
23.49%
Cumulative Return on Investment in Year 5
108.84%
Property Price at the End of Year 5
$2,202,000
Deposit Schedule
$5,000 at Signing
Total up to 5% in 30 days
$85,445
5% in 90 days
$85,445
5% in 180 days
$85,445
5% in 270 days
$85,445
2% on Occupancy
$34,178
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 | $89,000 | $93,000 | $98,000 | $103,000 | $109,000 | $114,000 | $120,000 | $127,000 | $133,000 | $140,000 | $1,128,000 |
| rent income | - | - | $25,000 | $39,000 | $41,000 | $42,000 | $44,000 | $46,000 | $48,000 | $50,000 | $336,000 |
| mortgage principal reduction | - | - | $15,000 | $23,000 | $24,000 | $25,000 | $26,000 | $27,000 | $28,000 | $30,000 | $197,000 |
| deposit interest | $14,000 | $18,000 | $5,000 | - | - | - | - | - | - | - | $37,000 |
| gst hst rebate | - | - | $24,000 | - | - | - | - | - | - | - | $24,000 |
| total income return | $103,000 | $111,000 | $167,000 | $165,000 | $173,000 | $182,000 | $191,000 | $200,000 | $210,000 | $220,000 | $1,722,000 |
Expense/ Investment
| Category | Y1 | Y2 | Y3 | Y4 | Y5 | Y6 | Y7 | Y8 | Y9 | Y10 | Total |
|---|---|---|---|---|---|---|---|---|---|---|---|
| deposit | $342,000 | - | $34,000 | - | - | - | - | - | - | - | $376,000 |
| remaining balance payment | - | - | - | - | - | - | - | - | - | - | - |
| closing cost | - | - | $100,000 | - | - | - | - | - | - | - | $100,000 |
| operating expense | - | - | $12,000 | $18,000 | $18,000 | $19,000 | $19,000 | $20,000 | $21,000 | $21,000 | $148,000 |
| mortgage payment | - | - | $55,000 | $83,000 | $83,000 | $83,000 | $83,000 | $83,000 | $83,000 | $83,000 | $637,000 |
| total expense investment | $342,000 | - | $201,000 | $101,000 | $101,000 | $102,000 | $103,000 | $103,000 | $104,000 | $104,000 | $1,261,000 |
Other
| Category | Y1 | Y2 | Y3 | Y4 | Y5 | Y6 | Y7 | Y8 | Y9 | Y10 | Total |
|---|---|---|---|---|---|---|---|---|---|---|---|
| net gain loss | -$239,094 | $111,000 | -$34,475 | $64,000 | $72,000 | $80,000 | $88,000 | $97,000 | $106,000 | $116,000 | $460,000 |
| cumulative roi | $30 | $63 | $80 | $96 | $109 | $121 | $132 | $143 | $153 | $163 | $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