Suite number:
Lorraine
Project:
Address:
Toronto C08, Ontario
Developer:
Lanterra Developments
Property type:
condo
Bathrooms:
2
Bedrooms:
2
Size:
733 sqft
Occupancy Date:
Mar 2027
Price, CAD
$1,122,900
Available
ROI
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Investment Period: 5 years
Yearly Return on Investment in Year 5
22.30%
Cumulative Return on Investment in Year 5
105.42%
Property Price at the End of Year 5
$1,447,000
Deposit Schedule
$5,000 at Signing
Total up to 5% in 30 days
$56,145
5% in 90 days
$56,145
5% in 180 days
$56,145
5% in 270 days
$56,145
2% on Occupancy
$22,458
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 | $58,000 | $61,000 | $65,000 | $68,000 | $72,000 | $75,000 | $79,000 | $83,000 | $88,000 | $92,000 | $741,000 |
| rent income | - | - | $14,000 | $22,000 | $23,000 | $24,000 | $25,000 | $26,000 | $27,000 | $28,000 | $190,000 |
| mortgage principal reduction | - | - | $10,000 | $15,000 | $16,000 | $16,000 | $17,000 | $18,000 | $19,000 | $20,000 | $130,000 |
| deposit interest | $9,000 | $12,000 | $3,000 | - | - | - | - | - | - | - | $24,000 |
| gst hst rebate | - | - | $24,000 | - | - | - | - | - | - | - | $24,000 |
| total income return | $67,000 | $73,000 | $116,000 | $105,000 | $110,000 | $116,000 | $121,000 | $127,000 | $133,000 | $140,000 | $1,109,000 |
Expense/ Investment
| Category | Y1 | Y2 | Y3 | Y4 | Y5 | Y6 | Y7 | Y8 | Y9 | Y10 | Total |
|---|---|---|---|---|---|---|---|---|---|---|---|
| deposit | $225,000 | - | $22,000 | - | - | - | - | - | - | - | $247,000 |
| remaining balance payment | - | - | - | - | - | - | - | - | - | - | - |
| closing cost | - | - | $77,000 | - | - | - | - | - | - | - | $77,000 |
| operating expense | - | - | $7,000 | $11,000 | $12,000 | $12,000 | $13,000 | $13,000 | $13,000 | $14,000 | $96,000 |
| mortgage payment | - | - | $36,000 | $55,000 | $55,000 | $55,000 | $55,000 | $55,000 | $55,000 | $55,000 | $419,000 |
| total expense investment | $225,000 | - | $143,000 | $66,000 | $66,000 | $67,000 | $67,000 | $68,000 | $68,000 | $68,000 | $839,000 |
Other
| Category | Y1 | Y2 | Y3 | Y4 | Y5 | Y6 | Y7 | Y8 | Y9 | Y10 | Total |
|---|---|---|---|---|---|---|---|---|---|---|---|
| net gain loss | -$157,099 | $73,000 | -$27,593 | $39,000 | $44,000 | $49,000 | $54,000 | $60,000 | $65,000 | $72,000 | $270,000 |
| cumulative roi | $30 | $63 | $80 | $94 | $105 | $116 | $126 | $135 | $145 | $154 | $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