Suite number:
Gratitude
Project:
Address:
Toronto C01, Ontario
Developer:
Lanterra Developments
Property type:
condo
Floor plan:
Bathrooms:
2
Bedrooms:
3
Size:
1252 sqft
Occupancy Date:
Mar 2028
Price, CAD
$2,353,700
Available
ROI
Want to own a unit? —
Investment Period: 5 years
Yearly Return on Investment in Year 5
26.05%
Cumulative Return on Investment in Year 5
119.45%
Property Price at the End of Year 5
$3,032,000
Deposit Schedule
$5,000 at Signing
Total up to 5% in 30 days
$117,685
5% in 90 days
$117,685
5% in 120 days
$117,685
5% in 270 days
$117,685
1% on Occupancy
$23,537
Net Gain (Loss)
Get Expert Advice
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 | $122,000 | $129,000 | $135,000 | $142,000 | $150,000 | $158,000 | $166,000 | $175,000 | $184,000 | $193,000 | $1,553,000 |
| rent income | - | - | - | $33,000 | $45,000 | $47,000 | $49,000 | $51,000 | $53,000 | $56,000 | $334,000 |
| mortgage principal reduction | - | - | - | $22,000 | $30,000 | $32,000 | $33,000 | $35,000 | $36,000 | $38,000 | $226,000 |
| deposit interest | $17,000 | $24,000 | $24,000 | $5,000 | - | - | - | - | - | - | $71,000 |
| gst hst rebate | - | - | - | $24,000 | - | - | - | - | - | - | $24,000 |
| total income return | $139,000 | $153,000 | $160,000 | $225,000 | $225,000 | $236,000 | $248,000 | $260,000 | $273,000 | $287,000 | $2,208,000 |
Expense/ Investment
| Category | Y1 | Y2 | Y3 | Y4 | Y5 | Y6 | Y7 | Y8 | Y9 | Y10 | Total |
|---|---|---|---|---|---|---|---|---|---|---|---|
| deposit | $471,000 | - | - | $24,000 | - | - | - | - | - | - | $494,000 |
| remaining balance payment | - | - | - | - | - | - | - | - | - | - | - |
| closing cost | - | - | - | $131,000 | - | - | - | - | - | - | $131,000 |
| operating expense | - | - | - | $17,000 | $23,000 | $23,000 | $24,000 | $24,000 | $25,000 | $26,000 | $161,000 |
| mortgage payment | - | - | - | $88,000 | $118,000 | $118,000 | $118,000 | $118,000 | $118,000 | $118,000 | $796,000 |
| total expense investment | $471,000 | - | - | $260,000 | $141,000 | $141,000 | $142,000 | $142,000 | $143,000 | $143,000 | $1,582,000 |
Other
| Category | Y1 | Y2 | Y3 | Y4 | Y5 | Y6 | Y7 | Y8 | Y9 | Y10 | Total |
|---|---|---|---|---|---|---|---|---|---|---|---|
| net gain loss | -$331,335 | $153,000 | $160,000 | -$34,386 | $84,000 | $95,000 | $106,000 | $118,000 | $131,000 | $144,000 | $626,000 |
| cumulative roi | $30 | $62 | $96 | $108 | $119 | $129 | $138 | $147 | $155 | $164 | $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