Suite number:
Avenue (NH2 - Podium)
Project:
Address:
Toronto W09, Ontario
Developer:
Lanterra Developments
Property type:
condo
Bathrooms:
2
Bedrooms:
2.5
Size:
944 sqft
Occupancy Date:
Jul 2028
$1,094,300
Available
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Investment Period: 5 years
Yearly Return on Investment in Year 5
28.17%
Cumulative Return on Investment in Year 5
133.17%
Property Price at the End of Year 5
$1,410,000
Deposit Schedule
$5,000 at Signing
Total up to 5% in 30 days
$54,715
5% in 90 days
$54,715
5% in 180 days
$54,715
5% in 270 days
$54,715
2% on Occupancy
$21,886
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 | $57,000 | $60,000 | $63,000 | $66,000 | $70,000 | $73,000 | $77,000 | $81,000 | $85,000 | $90,000 | $722,000 |
rent income | - | - | - | $11,000 | $34,000 | $35,000 | $37,000 | $38,000 | $40,000 | $41,000 | $236,000 |
mortgage principal reduction | - | - | - | $5,000 | $14,000 | $15,000 | $16,000 | $16,000 | $17,000 | $18,000 | $101,000 |
deposit interest | $9,000 | $11,000 | $11,000 | $7,000 | - | - | - | - | - | - | $39,000 |
gst hst rebate | - | - | - | $24,000 | - | - | - | - | - | - | $24,000 |
total income return | $66,000 | $71,000 | $74,000 | $113,000 | $118,000 | $123,000 | $129,000 | $136,000 | $142,000 | $149,000 | $1,122,000 |
Expense/ Investment
Category | Y1 | Y2 | Y3 | Y4 | Y5 | Y6 | Y7 | Y8 | Y9 | Y10 | Total |
---|---|---|---|---|---|---|---|---|---|---|---|
deposit | $219,000 | - | - | $22,000 | - | - | - | - | - | - | $241,000 |
remaining balance payment | - | - | - | - | - | - | - | - | - | - | - |
closing cost | - | - | - | $76,000 | - | - | - | - | - | - | $76,000 |
operating expense | - | - | - | $5,000 | $14,000 | $15,000 | $15,000 | $16,000 | $16,000 | $17,000 | $97,000 |
mortgage payment | - | - | - | $18,000 | $53,000 | $53,000 | $53,000 | $53,000 | $53,000 | $53,000 | $337,000 |
total expense investment | $219,000 | - | - | $120,000 | $67,000 | $68,000 | $68,000 | $69,000 | $69,000 | $70,000 | $751,000 |
Other
Category | Y1 | Y2 | Y3 | Y4 | Y5 | Y6 | Y7 | Y8 | Y9 | Y10 | Total |
---|---|---|---|---|---|---|---|---|---|---|---|
net gain loss | -$153,097 | $71,000 | $74,000 | -$7,190 | $50,000 | $55,000 | $61,000 | $67,000 | $73,000 | $79,000 | $371,000 |
cumulative roi | $30 | $63 | $97 | $118 | $133 | $147 | $159 | $172 | $184 | $196 | $1,000 |
Notting Hill Condos
Address: Toronto W09, Ontario
Price Range: $555,000 - $1,370,000
Avail. suites: 84
0—3.5 bd
321—1243 SqFt