Suite number:
Cosmopolitan
Project:
Address:
Toronto C08, Ontario
Developer:
Lanterra Developments
Property type:
condo
Bathrooms:
2
Bedrooms:
2
Size:
858 sqft
Occupancy Date:
Mar 2027
Price, CAD
$1,390,900
Available
ROI
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Investment Period: 5 years
Yearly Return on Investment in Year 5
22.53%
Cumulative Return on Investment in Year 5
105.35%
Property Price at the End of Year 5
$1,792,000
Deposit Schedule
$5,000 at Signing
Total up to 5% in 30 days
$69,545
5% in 90 days
$69,545
5% in 180 days
$69,545
5% in 270 days
$69,545
2% on Occupancy
$27,818
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 | $72,000 | $76,000 | $80,000 | $84,000 | $89,000 | $93,000 | $98,000 | $103,000 | $108,000 | $114,000 | $918,000 |
| rent income | - | - | $17,000 | $26,000 | $27,000 | $28,000 | $29,000 | $31,000 | $32,000 | $33,000 | $222,000 |
| mortgage principal reduction | - | - | $12,000 | $18,000 | $19,000 | $20,000 | $21,000 | $22,000 | $23,000 | $24,000 | $161,000 |
| deposit interest | $11,000 | $14,000 | $4,000 | - | - | - | - | - | - | - | $30,000 |
| gst hst rebate | - | - | $24,000 | - | - | - | - | - | - | - | $24,000 |
| total income return | $84,000 | $91,000 | $137,000 | $129,000 | $135,000 | $141,000 | $148,000 | $156,000 | $164,000 | $172,000 | $1,355,000 |
Expense/ Investment
| Category | Y1 | Y2 | Y3 | Y4 | Y5 | Y6 | Y7 | Y8 | Y9 | Y10 | Total |
|---|---|---|---|---|---|---|---|---|---|---|---|
| deposit | $278,000 | - | $28,000 | - | - | - | - | - | - | - | $306,000 |
| remaining balance payment | - | - | - | - | - | - | - | - | - | - | - |
| closing cost | - | - | $88,000 | - | - | - | - | - | - | - | $88,000 |
| operating expense | - | - | $9,000 | $14,000 | $14,000 | $15,000 | $15,000 | $15,000 | $16,000 | $16,000 | $114,000 |
| mortgage payment | - | - | $45,000 | $68,000 | $68,000 | $68,000 | $68,000 | $68,000 | $68,000 | $68,000 | $519,000 |
| total expense investment | $278,000 | - | $169,000 | $81,000 | $82,000 | $82,000 | $83,000 | $83,000 | $84,000 | $84,000 | $1,026,000 |
Other
| Category | Y1 | Y2 | Y3 | Y4 | Y5 | Y6 | Y7 | Y8 | Y9 | Y10 | Total |
|---|---|---|---|---|---|---|---|---|---|---|---|
| net gain loss | -$194,598 | $91,000 | -$32,898 | $47,000 | $53,000 | $59,000 | $66,000 | $73,000 | $80,000 | $87,000 | $328,000 |
| cumulative roi | $30 | $63 | $80 | $94 | $105 | $116 | $126 | $135 | $144 | $153 | $1,000 |
No. 31 Condominiums
Address: Toronto C08, Ontario
Price Range: $920,000 - $1,709,000
Avail. suites: 21
0—3 bd
351—1079 SqFt