Suite number:
Broadway
Project:
Address:
Toronto C01, Ontario
Developer:
Lanterra Developments
Property type:
condo
Floor plan:
Bathrooms:
2
Bedrooms:
3
Size:
1095 sqft
Occupancy Date:
Mar 2028
Price, CAD
$1,969,400
Available
ROI
15,24%
Monthly Expenses
- condo fees— $821
- property taxes— $492
- property management— $197
- repairs and maintenance— $99
Total: $1,609
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Investment Period: 5 years
Yearly Return on Investment in Year 5
26.02%
Cumulative Return on Investment in Year 5
119.98%
Property Price at the End of Year 5
$2,537,000
Deposit Schedule
$5,000 at Signing
Total up to 5% in 30 days
$98,470
5% in 90 days
$98,470
5% in 120 days
$98,470
5% in 270 days
$98,470
1% on Occupancy
$19,694
Net Gain (Loss)
- Net Gain Loss
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Property Price Appreciation
- 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 | $102,000 | $108,000 | $113,000 | $119,000 | $125,000 | $132,000 | $139,000 | $146,000 | $154,000 | $162,000 | $1,300,000 |
rent income | - | - | - | $29,000 | $39,000 | $41,000 | $43,000 | $45,000 | $47,000 | $49,000 | $292,000 |
mortgage principal reduction | - | - | - | $18,000 | $25,000 | $26,000 | $28,000 | $29,000 | $30,000 | $32,000 | $189,000 |
deposit interest | $15,000 | $20,000 | $20,000 | $4,000 | - | - | - | - | - | - | $59,000 |
gst hst rebate | - | - | - | $24,000 | - | - | - | - | - | - | $24,000 |
total income return | $117,000 | $128,000 | $134,000 | $194,000 | $190,000 | $200,000 | $209,000 | $220,000 | $231,000 | $242,000 | $1,864,000 |
Expense/ Investment
Category | Y1 | Y2 | Y3 | Y4 | Y5 | Y6 | Y7 | Y8 | Y9 | Y10 | Total |
---|---|---|---|---|---|---|---|---|---|---|---|
deposit | $394,000 | - | - | $20,000 | - | - | - | - | - | - | $414,000 |
remaining balance payment | - | - | - | - | - | - | - | - | - | - | - |
closing cost | - | - | - | $112,000 | - | - | - | - | - | - | $112,000 |
operating expense | - | - | - | $14,000 | $20,000 | $20,000 | $21,000 | $21,000 | $22,000 | $22,000 | $139,000 |
mortgage payment | - | - | - | $74,000 | $99,000 | $99,000 | $99,000 | $99,000 | $99,000 | $99,000 | $666,000 |
total expense investment | $394,000 | - | - | $220,000 | $118,000 | $119,000 | $119,000 | $120,000 | $120,000 | $121,000 | $1,331,000 |
Other
Category | Y1 | Y2 | Y3 | Y4 | Y5 | Y6 | Y7 | Y8 | Y9 | Y10 | Total |
---|---|---|---|---|---|---|---|---|---|---|---|
net gain loss | -$277,236 | $128,000 | $134,000 | -$26,549 | $72,000 | $81,000 | $90,000 | $100,000 | $111,000 | $122,000 | $534,000 |
cumulative roi | $30 | $62 | $96 | $109 | $120 | $130 | $139 | $148 | $156 | $165 | $1,000 |
Natasha The Residences
Address: Toronto C01, Ontario
Price Range: $811,000 - $2,420,000
Avail. suites: 24
0—3 bd
339—1340 SqFt
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80% of Original Price
Options for changing mortgage terms
The rental rate per square foot.