Suite number:
Aviation
Project:
Address:
Toronto, Ontario
Developer:
Lanterra Developments
Property type:
condo
Floor plan:
Bathrooms:
2
Bedrooms:
2.5
Size:
938 sqft
Occupancy Date:
Mar 2027
Price, CAD
$1,502,900
Available
ROI
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Investment Period: 5 years
Yearly Return on Investment in Year 5
20.38%
Cumulative Return on Investment in Year 5
95.39%
Property Price at the End of Year 5
$1,936,000
Deposit Schedule
$5,000 at Signing
Total up to 5% in 30 days
$75,145
5% in 90 days
$75,145
5% in 180 days
$75,145
5% in 270 days
$75,145
2% on Occupancy
$30,058
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 | $78,000 | $82,000 | $86,000 | $91,000 | $96,000 | $101,000 | $106,000 | $111,000 | $117,000 | $123,000 | $992,000 |
| rent income | - | $19,000 | $34,000 | $35,000 | $37,000 | $38,000 | $40,000 | $41,000 | $43,000 | $45,000 | $332,000 |
| mortgage principal reduction | - | $11,000 | $19,000 | $20,000 | $21,000 | $22,000 | $23,000 | $24,000 | $25,000 | $27,000 | $192,000 |
| deposit interest | $12,000 | $6,000 | - | - | - | - | - | - | - | - | $18,000 |
| gst hst rebate | - | $24,000 | - | - | - | - | - | - | - | - | $24,000 |
| total income return | $90,000 | $142,000 | $139,000 | $146,000 | $153,000 | $161,000 | $169,000 | $177,000 | $186,000 | $195,000 | $1,558,000 |
Expense/ Investment
| Category | Y1 | Y2 | Y3 | Y4 | Y5 | Y6 | Y7 | Y8 | Y9 | Y10 | Total |
|---|---|---|---|---|---|---|---|---|---|---|---|
| deposit | $301,000 | $30,000 | - | - | - | - | - | - | - | - | $331,000 |
| remaining balance payment | - | - | - | - | - | - | - | - | - | - | - |
| closing cost | - | $94,000 | - | - | - | - | - | - | - | - | $94,000 |
| operating expense | - | $9,000 | $15,000 | $16,000 | $16,000 | $16,000 | $17,000 | $17,000 | $18,000 | $18,000 | $142,000 |
| mortgage payment | - | $44,000 | $75,000 | $75,000 | $75,000 | $75,000 | $75,000 | $75,000 | $75,000 | $75,000 | $646,000 |
| total expense investment | $301,000 | $176,000 | $91,000 | $91,000 | $91,000 | $92,000 | $92,000 | $92,000 | $93,000 | $93,000 | $1,212,000 |
Other
| Category | Y1 | Y2 | Y3 | Y4 | Y5 | Y6 | Y7 | Y8 | Y9 | Y10 | Total |
|---|---|---|---|---|---|---|---|---|---|---|---|
| net gain loss | -$210,918 | -$33,980 | $49,000 | $55,000 | $62,000 | $69,000 | $77,000 | $85,000 | $93,000 | $102,000 | $346,000 |
| cumulative roi | $30 | $53 | $69 | $83 | $95 | $107 | $118 | $128 | $138 | $148 | $968 |
No. 31 Condominiums
Address: Toronto, Ontario
Price Range: $920,000 - $1,709,000
Avail. suites: 21
0—3 bd
351—1079 SqFt