Suite number:
Gin Fizz
Project:
Address:
Toronto C08, Ontario
Developer:
Lanterra Developments
Property type:
condo
Floor plan:
Bathrooms:
1
Bedrooms:
1
Size:
465 sqft
Occupancy Date:
Mar 2027
Price, CAD
$919,900
Available
ROI
Want to own a unit? —
Investment Period: 5 years
Yearly Return on Investment in Year 5
20.33%
Cumulative Return on Investment in Year 5
97.56%
Property Price at the End of Year 5
$1,185,000
Deposit Schedule
$5,000 at Signing
Total up to 5% in 30 days
$45,995
5% in 90 days
$45,995
5% in 180 days
$45,995
5% in 270 days
$45,995
2% on Occupancy
$18,398
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 | $48,000 | $50,000 | $53,000 | $56,000 | $59,000 | $62,000 | $65,000 | $68,000 | $72,000 | $75,000 | $607,000 |
| rent income | - | - | $8,000 | $11,000 | $12,000 | $12,000 | $13,000 | $13,000 | $14,000 | $14,000 | $98,000 |
| mortgage principal reduction | - | - | $8,000 | $12,000 | $12,000 | $13,000 | $14,000 | $14,000 | $15,000 | $16,000 | $104,000 |
| deposit interest | $7,000 | $10,000 | $2,000 | - | - | - | - | - | - | - | $18,000 |
| gst hst rebate | - | - | $24,000 | - | - | - | - | - | - | - | $24,000 |
| total income return | $55,000 | $60,000 | $95,000 | $79,000 | $83,000 | $87,000 | $91,000 | $96,000 | $101,000 | $106,000 | $851,000 |
Expense/ Investment
| Category | Y1 | Y2 | Y3 | Y4 | Y5 | Y6 | Y7 | Y8 | Y9 | Y10 | Total |
|---|---|---|---|---|---|---|---|---|---|---|---|
| deposit | $184,000 | - | $18,000 | - | - | - | - | - | - | - | $202,000 |
| remaining balance payment | - | - | - | - | - | - | - | - | - | - | - |
| closing cost | - | - | $70,000 | - | - | - | - | - | - | - | $70,000 |
| operating expense | - | - | $6,000 | $8,000 | $8,000 | $8,000 | $8,000 | $8,000 | $9,000 | $9,000 | $63,000 |
| mortgage payment | - | - | $35,000 | $46,000 | $46,000 | $46,000 | $46,000 | $46,000 | $46,000 | $46,000 | $357,000 |
| total expense investment | $184,000 | - | $129,000 | $54,000 | $54,000 | $54,000 | $54,000 | $54,000 | $55,000 | $55,000 | $692,000 |
Other
| Category | Y1 | Y2 | Y3 | Y4 | Y5 | Y6 | Y7 | Y8 | Y9 | Y10 | Total |
|---|---|---|---|---|---|---|---|---|---|---|---|
| net gain loss | -$129,102 | $60,000 | -$33,511 | $25,000 | $29,000 | $33,000 | $37,000 | $41,000 | $46,000 | $51,000 | $159,000 |
| cumulative roi | $30 | $62 | $76 | $88 | $98 | $106 | $114 | $122 | $129 | $136 | $961 |
No. 31 Condominiums
Address: Toronto C08, Ontario
Price Range: $920,000 - $1,709,000
Avail. suites: 21
0—3 bd
351—1079 SqFt