Suite number:
Hennchata
Project:
Address:
Toronto, Ontario
Developer:
Lanterra Developments
Property type:
condo
Floor plan:
Bathrooms:
2
Bedrooms:
2.5
Size:
904 sqft
Occupancy Date:
Mar 2027
Price, CAD
$1,453,900
Available
ROI
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Investment Period: 5 years
Yearly Return on Investment in Year 5
20.33%
Cumulative Return on Investment in Year 5
95.29%
Property Price at the End of Year 5
$1,873,000
Deposit Schedule
$5,000 at Signing
Total up to 5% in 30 days
$72,695
5% in 90 days
$72,695
5% in 180 days
$72,695
5% in 270 days
$72,695
2% on Occupancy
$29,078
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 | $75,000 | $80,000 | $84,000 | $88,000 | $93,000 | $97,000 | $102,000 | $108,000 | $113,000 | $119,000 | $960,000 |
| rent income | - | $18,000 | $32,000 | $34,000 | $35,000 | $37,000 | $38,000 | $40,000 | $42,000 | $43,000 | $320,000 |
| mortgage principal reduction | - | $10,000 | $18,000 | $19,000 | $20,000 | $21,000 | $22,000 | $23,000 | $25,000 | $26,000 | $186,000 |
| deposit interest | $11,000 | $6,000 | - | - | - | - | - | - | - | - | $17,000 |
| gst hst rebate | - | $24,000 | - | - | - | - | - | - | - | - | $24,000 |
| total income return | $87,000 | $138,000 | $134,000 | $141,000 | $148,000 | $155,000 | $163,000 | $171,000 | $180,000 | $188,000 | $1,506,000 |
Expense/ Investment
| Category | Y1 | Y2 | Y3 | Y4 | Y5 | Y6 | Y7 | Y8 | Y9 | Y10 | Total |
|---|---|---|---|---|---|---|---|---|---|---|---|
| deposit | $291,000 | $29,000 | - | - | - | - | - | - | - | - | $320,000 |
| remaining balance payment | - | - | - | - | - | - | - | - | - | - | - |
| closing cost | - | $92,000 | - | - | - | - | - | - | - | - | $92,000 |
| operating expense | - | $8,000 | $15,000 | $15,000 | $15,000 | $16,000 | $16,000 | $17,000 | $17,000 | $17,000 | $137,000 |
| mortgage payment | - | $42,000 | $73,000 | $73,000 | $73,000 | $73,000 | $73,000 | $73,000 | $73,000 | $73,000 | $625,000 |
| total expense investment | $291,000 | $172,000 | $88,000 | $88,000 | $88,000 | $89,000 | $89,000 | $89,000 | $90,000 | $90,000 | $1,173,000 |
Other
| Category | Y1 | Y2 | Y3 | Y4 | Y5 | Y6 | Y7 | Y8 | Y9 | Y10 | Total |
|---|---|---|---|---|---|---|---|---|---|---|---|
| net gain loss | -$204,041 | -$33,228 | $47,000 | $53,000 | $60,000 | $67,000 | $74,000 | $82,000 | $90,000 | $98,000 | $333,000 |
| cumulative roi | $30 | $53 | $69 | $83 | $95 | $107 | $117 | $128 | $138 | $148 | $967 |
No. 31 Condominiums
Address: Toronto, Ontario
Price Range: $920,000 - $1,709,000
Avail. suites: 21
0—3 bd
351—1079 SqFt