Suite number:
Greyhound
Project:
Address:
Toronto C08, Ontario
Developer:
Lanterra Developments
Property type:
condo
Bathrooms:
2
Bedrooms:
3
Size:
1010 sqft
Occupancy Date:
Mar 2027
Price, CAD
$1,601,900
Available
ROI
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Investment Period: 5 years
Yearly Return on Investment in Year 5
23.40%
Cumulative Return on Investment in Year 5
108.70%
Property Price at the End of Year 5
$2,064,000
Deposit Schedule
$5,000 at Signing
Total up to 5% in 30 days
$80,095
5% in 90 days
$80,095
5% in 180 days
$80,095
5% in 270 days
$80,095
2% on Occupancy
$32,038
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 | $83,000 | $88,000 | $92,000 | $97,000 | $102,000 | $107,000 | $113,000 | $119,000 | $125,000 | $131,000 | $1,057,000 |
| rent income | - | - | $24,000 | $36,000 | $38,000 | $40,000 | $41,000 | $43,000 | $45,000 | $47,000 | $314,000 |
| mortgage principal reduction | - | - | $14,000 | $21,000 | $22,000 | $23,000 | $24,000 | $25,000 | $27,000 | $28,000 | $185,000 |
| deposit interest | $13,000 | $17,000 | $4,000 | - | - | - | - | - | - | - | $34,000 |
| gst hst rebate | - | - | $24,000 | - | - | - | - | - | - | - | $24,000 |
| total income return | $96,000 | $104,000 | $158,000 | $155,000 | $162,000 | $170,000 | $179,000 | $187,000 | $197,000 | $206,000 | $1,615,000 |
Expense/ Investment
| Category | Y1 | Y2 | Y3 | Y4 | Y5 | Y6 | Y7 | Y8 | Y9 | Y10 | Total |
|---|---|---|---|---|---|---|---|---|---|---|---|
| deposit | $320,000 | - | $32,000 | - | - | - | - | - | - | - | $352,000 |
| remaining balance payment | - | - | - | - | - | - | - | - | - | - | - |
| closing cost | - | - | $96,000 | - | - | - | - | - | - | - | $96,000 |
| operating expense | - | - | $11,000 | $17,000 | $17,000 | $18,000 | $18,000 | $19,000 | $19,000 | $20,000 | $138,000 |
| mortgage payment | - | - | $52,000 | $78,000 | $78,000 | $78,000 | $78,000 | $78,000 | $78,000 | $78,000 | $597,000 |
| total expense investment | $320,000 | - | $191,000 | $94,000 | $95,000 | $96,000 | $96,000 | $97,000 | $97,000 | $98,000 | $1,184,000 |
Other
| Category | Y1 | Y2 | Y3 | Y4 | Y5 | Y6 | Y7 | Y8 | Y9 | Y10 | Total |
|---|---|---|---|---|---|---|---|---|---|---|---|
| net gain loss | -$224,122 | $104,000 | -$32,837 | $60,000 | $67,000 | $75,000 | $83,000 | $91,000 | $99,000 | $108,000 | $431,000 |
| cumulative roi | $30 | $63 | $80 | $96 | $109 | $121 | $132 | $142 | $153 | $163 | $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