Suite number:
Glengarry
Project:
Address:
Toronto C04, Ontario
Developer:
Lanterra Developments
Property type:
condo
Floor plan:
Bathrooms:
2.5
Bedrooms:
3.5
Size:
2477 sqft
Occupancy Date:
Mar 2025
Price, CAD
$3,949,900
Available
ROI
Want to own a unit? —
Investment Period: 5 years
Yearly Return on Investment in Year 5
18.09%
Cumulative Return on Investment in Year 5
82.70%
Property Price at the End of Year 5
$5,089,000
Deposit Schedule
$5,000 at Signing
Total up to 5% in 30 days
$197,495
17% on Occupancy
$671,483
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 | $65,000 | $89,000 | $93,000 | $97,000 | $101,000 | $106,000 | $110,000 | $115,000 | $120,000 | $125,000 | $1,021,000 |
| mortgage principal reduction | $36,000 | $51,000 | $53,000 | $56,000 | $58,000 | $61,000 | $64,000 | $67,000 | $70,000 | $74,000 | $590,000 |
| deposit interest | $12 | - | - | - | - | - | - | - | - | - | $12 |
| gst hst rebate | $24,000 | - | - | - | - | - | - | - | - | - | $24,000 |
| total income return | $330,000 | $356,000 | $373,000 | $392,000 | $411,000 | $431,000 | $453,000 | $475,000 | $498,000 | $523,000 | $4,242,000 |
Expense/ Investment
| Category | Y1 | Y2 | Y3 | Y4 | Y5 | Y6 | Y7 | Y8 | Y9 | Y10 | Total |
|---|---|---|---|---|---|---|---|---|---|---|---|
| deposit | $869,000 | - | - | - | - | - | - | - | - | - | $869,000 |
| remaining balance payment | - | - | - | - | - | - | - | - | - | - | - |
| closing cost | $211,000 | - | - | - | - | - | - | - | - | - | $211,000 |
| operating expense | $35,000 | $47,000 | $48,000 | $50,000 | $51,000 | $52,000 | $53,000 | $54,000 | $56,000 | $57,000 | $503,000 |
| mortgage payment | $148,000 | $198,000 | $198,000 | $198,000 | $198,000 | $198,000 | $198,000 | $198,000 | $198,000 | $198,000 | $1,929,000 |
| total expense investment | $1,263,000 | $245,000 | $246,000 | $247,000 | $249,000 | $250,000 | $251,000 | $252,000 | $253,000 | $255,000 | $3,511,000 |
Other
| Category | Y1 | Y2 | Y3 | Y4 | Y5 | Y6 | Y7 | Y8 | Y9 | Y10 | Total |
|---|---|---|---|---|---|---|---|---|---|---|---|
| net gain loss | -$933,199 | $111,000 | $127,000 | $144,000 | $163,000 | $182,000 | $202,000 | $223,000 | $245,000 | $268,000 | $731,000 |
| cumulative roi | $24 | $42 | $57 | $71 | $83 | $94 | $104 | $115 | $124 | $134 | $848 |
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