Suite number:
Helena
Project:
Address:
Toronto C04, Ontario
Developer:
Lanterra Developments
Property type:
condo
Floor plan:
Bathrooms:
2
Bedrooms:
2.5
Size:
1406 sqft
Occupancy Date:
Mar 2025
Price, CAD
$2,366,900
Available
ROI
Want to own a unit? —
Investment Period: 5 years
Yearly Return on Investment in Year 5
17.84%
Cumulative Return on Investment in Year 5
82.52%
Property Price at the End of Year 5
$3,049,000
Deposit Schedule
$5,000 at Signing
Total up to 5% in 30 days
$118,345
17% on Occupancy
$402,373
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 | $123,000 | $129,000 | $136,000 | $143,000 | $151,000 | $159,000 | $167,000 | $175,000 | $185,000 | $194,000 | $1,562,000 |
| rent income | $37,000 | $51,000 | $53,000 | $55,000 | $58,000 | $60,000 | $63,000 | $65,000 | $68,000 | $71,000 | $580,000 |
| mortgage principal reduction | $22,000 | $30,000 | $32,000 | $33,000 | $35,000 | $37,000 | $38,000 | $40,000 | $42,000 | $44,000 | $354,000 |
| deposit interest | $7 | - | - | - | - | - | - | - | - | - | $7 |
| gst hst rebate | $24,000 | - | - | - | - | - | - | - | - | - | $24,000 |
| total income return | $205,000 | $210,000 | $221,000 | $232,000 | $243,000 | $255,000 | $268,000 | $281,000 | $295,000 | $309,000 | $2,519,000 |
Expense/ Investment
| Category | Y1 | Y2 | Y3 | Y4 | Y5 | Y6 | Y7 | Y8 | Y9 | Y10 | Total |
|---|---|---|---|---|---|---|---|---|---|---|---|
| deposit | $521,000 | - | - | - | - | - | - | - | - | - | $521,000 |
| remaining balance payment | - | - | - | - | - | - | - | - | - | - | - |
| closing cost | $132,000 | - | - | - | - | - | - | - | - | - | $132,000 |
| operating expense | $20,000 | $27,000 | $28,000 | $29,000 | $29,000 | $30,000 | $31,000 | $31,000 | $32,000 | $33,000 | $289,000 |
| mortgage payment | $89,000 | $119,000 | $119,000 | $119,000 | $119,000 | $119,000 | $119,000 | $119,000 | $119,000 | $119,000 | $1,156,000 |
| total expense investment | $762,000 | $146,000 | $146,000 | $147,000 | $148,000 | $148,000 | $149,000 | $150,000 | $150,000 | $151,000 | $2,098,000 |
Other
| Category | Y1 | Y2 | Y3 | Y4 | Y5 | Y6 | Y7 | Y8 | Y9 | Y10 | Total |
|---|---|---|---|---|---|---|---|---|---|---|---|
| net gain loss | -$556,199 | $65,000 | $74,000 | $85,000 | $95,000 | $107,000 | $119,000 | $131,000 | $144,000 | $158,000 | $422,000 |
| cumulative roi | $25 | $43 | $58 | $71 | $83 | $93 | $104 | $113 | $123 | $133 | $845 |
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