Suite number:
Cosmopolitan
Project:
Address:
Toronto, Ontario
Developer:
Lanterra Developments
Property type:
condo
Floor plan:
Bathrooms:
2
Bedrooms:
2
Size:
858 sqft
Occupancy Date:
Mar 2027
Price, CAD
$1,390,900
Available
ROI
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Investment Period: 5 years
Yearly Return on Investment in Year 5
19.63%
Cumulative Return on Investment in Year 5
92.21%
Property Price at the End of Year 5
$1,792,000
Deposit Schedule
$5,000 at Signing
Total up to 5% in 30 days
$69,545
5% in 90 days
$69,545
5% in 180 days
$69,545
5% in 270 days
$69,545
2% on Occupancy
$27,818
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 | $72,000 | $76,000 | $80,000 | $84,000 | $89,000 | $93,000 | $98,000 | $103,000 | $108,000 | $114,000 | $918,000 |
| rent income | - | $15,000 | $26,000 | $27,000 | $28,000 | $29,000 | $30,000 | $32,000 | $33,000 | $34,000 | $253,000 |
| mortgage principal reduction | - | $10,000 | $18,000 | $19,000 | $19,000 | $20,000 | $21,000 | $22,000 | $23,000 | $25,000 | $178,000 |
| deposit interest | $11,000 | $6,000 | - | - | - | - | - | - | - | - | $17,000 |
| gst hst rebate | - | $24,000 | - | - | - | - | - | - | - | - | $24,000 |
| total income return | $83,000 | $130,000 | $123,000 | $129,000 | $136,000 | $143,000 | $150,000 | $157,000 | $165,000 | $173,000 | $1,389,000 |
Expense/ Investment
| Category | Y1 | Y2 | Y3 | Y4 | Y5 | Y6 | Y7 | Y8 | Y9 | Y10 | Total |
|---|---|---|---|---|---|---|---|---|---|---|---|
| deposit | $278,000 | $28,000 | - | - | - | - | - | - | - | - | $306,000 |
| remaining balance payment | - | - | - | - | - | - | - | - | - | - | - |
| closing cost | - | $89,000 | - | - | - | - | - | - | - | - | $89,000 |
| operating expense | - | $8,000 | $14,000 | $14,000 | $14,000 | $15,000 | $15,000 | $15,000 | $16,000 | $16,000 | $125,000 |
| mortgage payment | - | $41,000 | $70,000 | $70,000 | $70,000 | $70,000 | $70,000 | $70,000 | $70,000 | $70,000 | $598,000 |
| total expense investment | $278,000 | $165,000 | $83,000 | $84,000 | $84,000 | $84,000 | $84,000 | $85,000 | $85,000 | $86,000 | $1,118,000 |
Other
| Category | Y1 | Y2 | Y3 | Y4 | Y5 | Y6 | Y7 | Y8 | Y9 | Y10 | Total |
|---|---|---|---|---|---|---|---|---|---|---|---|
| net gain loss | -$195,199 | -$34,934 | $40,000 | $46,000 | $52,000 | $58,000 | $65,000 | $72,000 | $80,000 | $88,000 | $271,000 |
| cumulative roi | $30 | $52 | $68 | $81 | $92 | $103 | $112 | $121 | $130 | $139 | $929 |
No. 31 Condominiums
Address: Toronto, Ontario
Price Range: $920,000 - $1,709,000
Avail. suites: 21
0—3 bd
351—1079 SqFt