Suite number:
Gratitude
Project:
Address:
Toronto C01, Ontario
Developer:
Lanterra Developments
Property type:
condo
Bathrooms:
2
Bedrooms:
3
Size:
1252 sqft
Occupancy Date:
Mar 2028
Price, CAD
$2,353,700
Available
ROI
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Investment Period: 5 years
Yearly Return on Investment in Year 5
26.97%
Cumulative Return on Investment in Year 5
123.41%
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)
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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 | $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 | - | - | - | $29,000 | $45,000 | $47,000 | $49,000 | $51,000 | $53,000 | $56,000 | $331,000 |
| mortgage principal reduction | - | - | - | $20,000 | $31,000 | $33,000 | $34,000 | $36,000 | $37,000 | $39,000 | $231,000 |
| deposit interest | $19,000 | $24,000 | $24,000 | $7,000 | - | - | - | - | - | - | $75,000 |
| gst hst rebate | - | - | - | $24,000 | - | - | - | - | - | - | $24,000 |
| total income return | $141,000 | $153,000 | $160,000 | $223,000 | $226,000 | $238,000 | $249,000 | $262,000 | $275,000 | $288,000 | $2,215,000 |
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 | - | - | - | $130,000 | - | - | - | - | - | - | $130,000 |
| operating expense | - | - | - | $15,000 | $23,000 | $24,000 | $24,000 | $25,000 | $26,000 | $27,000 | $163,000 |
| mortgage payment | - | - | - | $76,000 | $114,000 | $114,000 | $114,000 | $114,000 | $114,000 | $114,000 | $763,000 |
| total expense investment | $471,000 | - | - | $244,000 | $137,000 | $138,000 | $139,000 | $140,000 | $140,000 | $141,000 | $1,551,000 |
Other
| Category | Y1 | Y2 | Y3 | Y4 | Y5 | Y6 | Y7 | Y8 | Y9 | Y10 | Total |
|---|---|---|---|---|---|---|---|---|---|---|---|
| net gain loss | -$329,309 | $153,000 | $160,000 | -$21,894 | $89,000 | $99,000 | $110,000 | $122,000 | $134,000 | $147,000 | $664,000 |
| cumulative roi | $30 | $63 | $97 | $112 | $123 | $134 | $143 | $152 | $161 | $169 | $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