Suite number:
Blackthorn
Project:
Address:
Toronto C08, Ontario
Developer:
Lanterra Developments
Property type:
condo
Floor plan:
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
22.71%
Cumulative Return on Investment in Year 5
105.44%
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 | - | - | $28,000 | $39,000 | $41,000 | $42,000 | $44,000 | $46,000 | $48,000 | $50,000 | $338,000 |
| mortgage principal reduction | - | - | $16,000 | $22,000 | $23,000 | $24,000 | $25,000 | $26,000 | $28,000 | $29,000 | $193,000 |
| deposit interest | $13,000 | $18,000 | $3,000 | - | - | - | - | - | - | - | $34,000 |
| gst hst rebate | - | - | $24,000 | - | - | - | - | - | - | - | $24,000 |
| total income return | $102,000 | $111,000 | $170,000 | $164,000 | $172,000 | $181,000 | $190,000 | $199,000 | $209,000 | $219,000 | $1,717,000 |
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 | - | - | $102,000 | - | - | - | - | - | - | - | $102,000 |
| operating expense | - | - | $13,000 | $18,000 | $18,000 | $18,000 | $19,000 | $19,000 | $20,000 | $20,000 | $145,000 |
| mortgage payment | - | - | $64,000 | $86,000 | $86,000 | $86,000 | $86,000 | $86,000 | $86,000 | $86,000 | $663,000 |
| total expense investment | $342,000 | - | $213,000 | $103,000 | $104,000 | $104,000 | $104,000 | $105,000 | $105,000 | $106,000 | $1,286,000 |
Other
| Category | Y1 | Y2 | Y3 | Y4 | Y5 | Y6 | Y7 | Y8 | Y9 | Y10 | Total |
|---|---|---|---|---|---|---|---|---|---|---|---|
| net gain loss | -$239,833 | $111,000 | -$43,569 | $61,000 | $69,000 | $77,000 | $85,000 | $94,000 | $104,000 | $114,000 | $431,000 |
| cumulative roi | $30 | $62 | $78 | $93 | $105 | $117 | $128 | $138 | $148 | $158 | $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