Suite number:
Gin Fizz
Project:
Address:
Toronto C08, Ontario
Developer:
Lanterra Developments
Property type:
condo
Bathrooms:
1
Bedrooms:
1
Size:
465 sqft
Occupancy Date:
Mar 2027
Price, CAD
$919,900
Available
ROI
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Investment Period: 5 years
Yearly Return on Investment in Year 5
21.04%
Cumulative Return on Investment in Year 5
100.74%
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 | - | - | $7,000 | $11,000 | $12,000 | $12,000 | $13,000 | $13,000 | $14,000 | $14,000 | $96,000 |
| mortgage principal reduction | - | - | $8,000 | $12,000 | $13,000 | $13,000 | $14,000 | $15,000 | $15,000 | $16,000 | $106,000 |
| deposit interest | $8,000 | $10,000 | $3,000 | - | - | - | - | - | - | - | $20,000 |
| gst hst rebate | - | - | $24,000 | - | - | - | - | - | - | - | $24,000 |
| total income return | $55,000 | $60,000 | $95,000 | $79,000 | $83,000 | $87,000 | $92,000 | $96,000 | $101,000 | $106,000 | $854,000 |
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 | - | - | $69,000 | - | - | - | - | - | - | - | $69,000 |
| operating expense | - | - | $5,000 | $8,000 | $8,000 | $8,000 | $8,000 | $9,000 | $9,000 | $9,000 | $64,000 |
| mortgage payment | - | - | $30,000 | $45,000 | $45,000 | $45,000 | $45,000 | $45,000 | $45,000 | $45,000 | $343,000 |
| total expense investment | $184,000 | - | $122,000 | $52,000 | $53,000 | $53,000 | $53,000 | $53,000 | $54,000 | $54,000 | $678,000 |
Other
| Category | Y1 | Y2 | Y3 | Y4 | Y5 | Y6 | Y7 | Y8 | Y9 | Y10 | Total |
|---|---|---|---|---|---|---|---|---|---|---|---|
| net gain loss | -$128,694 | $60,000 | -$27,360 | $27,000 | $30,000 | $34,000 | $38,000 | $43,000 | $47,000 | $52,000 | $175,000 |
| cumulative roi | $30 | $63 | $79 | $91 | $101 | $110 | $118 | $126 | $133 | $140 | $989 |
No. 31 Condominiums
Address: Toronto C08, Ontario
Price Range: $920,000 - $1,709,000
Avail. suites: 21
0—3 bd
351—1079 SqFt