Suite number:
Frontenac
Project:
Address:
Toronto C04, Ontario
Developer:
Lanterra Developments
Property type:
condo
Bathrooms:
2.5
Bedrooms:
2.5
Size:
2493 sqft
Occupancy Date:
Mar 2025
$4,379,900
Available
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Investment Period: 5 years
Yearly Return on Investment in Year 5
18.38%
Cumulative Return on Investment in Year 5
83.82%
Property Price at the End of Year 5
$5,643,000
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 | $227,000 | $240,000 | $252,000 | $265,000 | $279,000 | $293,000 | $309,000 | $325,000 | $342,000 | $359,000 | $2,891,000 |
rent income | $58,000 | $90,000 | $94,000 | $98,000 | $102,000 | $107,000 | $111,000 | $116,000 | $121,000 | $126,000 | $1,023,000 |
mortgage principal reduction | $37,000 | $58,000 | $61,000 | $64,000 | $67,000 | $70,000 | $73,000 | $76,000 | $80,000 | $83,000 | $669,000 |
deposit interest | $2,000 | - | - | - | - | - | - | - | - | - | $2,000 |
gst hst rebate | $24,000 | - | - | - | - | - | - | - | - | - | $24,000 |
total income return | $349,000 | $388,000 | $407,000 | $427,000 | $448,000 | $470,000 | $493,000 | $517,000 | $542,000 | $569,000 | $4,609,000 |
Expense/ Investment
Category | Y1 | Y2 | Y3 | Y4 | Y5 | Y6 | Y7 | Y8 | Y9 | Y10 | Total |
---|---|---|---|---|---|---|---|---|---|---|---|
deposit | $964,000 | - | - | - | - | - | - | - | - | - | $964,000 |
remaining balance payment | - | - | - | - | - | - | - | - | - | - | - |
closing cost | $231,000 | - | - | - | - | - | - | - | - | - | $231,000 |
operating expense | $32,000 | $49,000 | $51,000 | $52,000 | $54,000 | $56,000 | $57,000 | $59,000 | $61,000 | $63,000 | $534,000 |
mortgage payment | $142,000 | $213,000 | $213,000 | $213,000 | $213,000 | $213,000 | $213,000 | $213,000 | $213,000 | $213,000 | $2,059,000 |
total expense investment | $1,369,000 | $262,000 | $264,000 | $265,000 | $267,000 | $269,000 | $270,000 | $272,000 | $274,000 | $276,000 | $3,788,000 |
Other
Category | Y1 | Y2 | Y3 | Y4 | Y5 | Y6 | Y7 | Y8 | Y9 | Y10 | Total |
---|---|---|---|---|---|---|---|---|---|---|---|
net gain loss | -$1,019,431 | $126,000 | $143,000 | $161,000 | $181,000 | $201,000 | $222,000 | $245,000 | $268,000 | $293,000 | $820,000 |
cumulative roi | $24 | $43 | $58 | $72 | $84 | $95 | $105 | $115 | $125 | $135 | $856 |
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