Suite number:
Glengarry
Project:
Address:
Toronto C04, Ontario
Developer:
Lanterra Developments
Property type:
condo
Bathrooms:
2.5
Bedrooms:
3.5
Size:
2477 sqft
Occupancy Date:
Mar 2025
$3,949,900
Available
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Investment Period: 5 years
Yearly Return on Investment in Year 5
18.63%
Cumulative Return on Investment in Year 5
85.12%
Property Price at the End of Year 5
$5,089,000
Deposit Schedule
$5,000 at Signing
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 | $205,000 | $216,000 | $227,000 | $239,000 | $252,000 | $265,000 | $278,000 | $293,000 | $308,000 | $324,000 | $2,607,000 |
rent income | $58,000 | $89,000 | $93,000 | $97,000 | $101,000 | $106,000 | $110,000 | $115,000 | $120,000 | $125,000 | $1,016,000 |
mortgage principal reduction | $34,000 | $53,000 | $55,000 | $57,000 | $60,000 | $63,000 | $66,000 | $69,000 | $72,000 | $75,000 | $603,000 |
deposit interest | $2,000 | - | - | - | - | - | - | - | - | - | $2,000 |
gst hst rebate | $24,000 | - | - | - | - | - | - | - | - | - | $24,000 |
total income return | $323,000 | $358,000 | $375,000 | $394,000 | $413,000 | $433,000 | $455,000 | $477,000 | $500,000 | $525,000 | $4,252,000 |
Expense/ Investment
Category | Y1 | Y2 | Y3 | Y4 | Y5 | Y6 | Y7 | Y8 | Y9 | Y10 | Total |
---|---|---|---|---|---|---|---|---|---|---|---|
deposit | $869,000 | - | - | - | - | - | - | - | - | - | $869,000 |
remaining balance payment | - | - | - | - | - | - | - | - | - | - | - |
closing cost | $209,000 | - | - | - | - | - | - | - | - | - | $209,000 |
operating expense | $31,000 | $48,000 | $49,000 | $51,000 | $52,000 | $54,000 | $56,000 | $57,000 | $59,000 | $61,000 | $518,000 |
mortgage payment | $128,000 | $192,000 | $192,000 | $192,000 | $192,000 | $192,000 | $192,000 | $192,000 | $192,000 | $192,000 | $1,857,000 |
total expense investment | $1,238,000 | $240,000 | $241,000 | $243,000 | $244,000 | $246,000 | $248,000 | $249,000 | $251,000 | $253,000 | $3,453,000 |
Other
Category | Y1 | Y2 | Y3 | Y4 | Y5 | Y6 | Y7 | Y8 | Y9 | Y10 | Total |
---|---|---|---|---|---|---|---|---|---|---|---|
net gain loss | -$914,950 | $118,000 | $134,000 | $151,000 | $169,000 | $187,000 | $207,000 | $227,000 | $249,000 | $271,000 | $799,000 |
cumulative roi | $24 | $43 | $59 | $73 | $85 | $97 | $107 | $118 | $128 | $138 | $872 |
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