Suite number:
Addison (NH2 - Tower B2)
Project:
Address:
Toronto, Ontario
Developer:
Lanterra Developments
Property type:
condo
Floor plan:
Bathrooms:
1
Bedrooms:
1
Size:
483 sqft
Occupancy Date:
Sep 2028
Price, CAD
$753,450
Available
ROI
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Investment Period: 5 years
Yearly Return on Investment in Year 5
22.45%
Cumulative Return on Investment in Year 5
109.53%
Property Price at the End of Year 5
$971,000
Deposit Schedule
$5,000 at Signing
Total up to 5% in 30 days
$37,673
5% in 90 days
$37,673
5% in 180 days
$37,673
5% in 270 days
$37,673
2% on Occupancy
$15,069
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 | $39,000 | $41,000 | $43,000 | $46,000 | $48,000 | $50,000 | $53,000 | $56,000 | $59,000 | $62,000 | $497,000 |
rent income | - | - | - | $11,000 | $12,000 | $12,000 | $13,000 | $13,000 | $14,000 | $14,000 | $90,000 |
mortgage principal reduction | - | - | - | $9,000 | $10,000 | $10,000 | $11,000 | $11,000 | $12,000 | $12,000 | $75,000 |
deposit interest | $6,000 | $8,000 | $7,000 | - | - | - | - | - | - | - | $21,000 |
gst hst rebate | - | - | - | $24,000 | - | - | - | - | - | - | $24,000 |
total income return | $45,000 | $49,000 | $51,000 | $90,000 | $69,000 | $73,000 | $77,000 | $80,000 | $84,000 | $89,000 | $708,000 |
Expense/ Investment
Category | Y1 | Y2 | Y3 | Y4 | Y5 | Y6 | Y7 | Y8 | Y9 | Y10 | Total |
---|---|---|---|---|---|---|---|---|---|---|---|
deposit | $151,000 | - | $15,000 | - | - | - | - | - | - | - | $166,000 |
remaining balance payment | - | - | - | - | - | - | - | - | - | - | - |
closing cost | - | - | $64,000 | - | - | - | - | - | - | - | $64,000 |
operating expense | - | - | - | $7,000 | $7,000 | $8,000 | $8,000 | $8,000 | $8,000 | $8,000 | $54,000 |
mortgage payment | - | - | - | $38,000 | $38,000 | $38,000 | $38,000 | $38,000 | $38,000 | $38,000 | $264,000 |
total expense investment | $151,000 | - | $79,000 | $45,000 | $45,000 | $45,000 | $45,000 | $46,000 | $46,000 | $46,000 | $548,000 |
Other
Category | Y1 | Y2 | Y3 | Y4 | Y5 | Y6 | Y7 | Y8 | Y9 | Y10 | Total |
---|---|---|---|---|---|---|---|---|---|---|---|
net gain loss | -$105,409 | $49,000 | -$27,927 | $45,000 | $24,000 | $28,000 | $31,000 | $35,000 | $39,000 | $43,000 | $160,000 |
cumulative roi | $30 | $63 | $75 | $100 | $110 | $118 | $126 | $133 | $140 | $148 | $1,000 |
Notting Hill Condos
Address: Toronto, Ontario
Price Range: $555,000 - $1,370,000
Avail. suites: 88
0—3.5 bd
321—1243 SqFt