Suite number:
27S
Project:
Address:
Toronto C02, Ontario
Developer:
Lanterra Developments
Property type:
condo
Bathrooms:
1.5
Bedrooms:
2.5
Size:
2861 sqft
Occupancy Date:
Mar 2025
Price, CAD
$6,943,900
Available
ROI
Want to own a unit? —
Investment Period: 5 years
Yearly Return on Investment in Year 5
17.51%
Cumulative Return on Investment in Year 5
79.34%
Property Price at the End of Year 5
$8,946,000
Deposit Schedule
$25,000 at Signing
Total up to 5% in 60 days
$347,195
13.5% on Occupancy
$937,427
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 | $360,000 | $380,000 | $400,000 | $420,000 | $442,000 | $465,000 | $489,000 | $515,000 | $542,000 | $570,000 | $4,583,000 |
| rent income | $67,000 | $103,000 | $108,000 | $112,000 | $117,000 | $122,000 | $128,000 | $133,000 | $139,000 | $145,000 | $1,174,000 |
| mortgage principal reduction | $59,000 | $92,000 | $97,000 | $101,000 | $106,000 | $111,000 | $116,000 | $121,000 | $126,000 | $132,000 | $1,061,000 |
| deposit interest | $2,000 | - | - | - | - | - | - | - | - | - | $2,000 |
| gst hst rebate | $24,000 | - | - | - | - | - | - | - | - | - | $24,000 |
| total income return | $512,000 | $575,000 | $604,000 | $634,000 | $665,000 | $698,000 | $732,000 | $769,000 | $807,000 | $847,000 | $6,843,000 |
Expense/ Investment
| Category | Y1 | Y2 | Y3 | Y4 | Y5 | Y6 | Y7 | Y8 | Y9 | Y10 | Total |
|---|---|---|---|---|---|---|---|---|---|---|---|
| deposit | $1,285,000 | - | - | - | - | - | - | - | - | - | $1,285,000 |
| remaining balance payment | $104,000 | - | - | - | - | - | - | - | - | - | $104,000 |
| closing cost | $359,000 | - | - | - | - | - | - | - | - | - | $359,000 |
| operating expense | $46,000 | $70,000 | $72,000 | $74,000 | $77,000 | $79,000 | $82,000 | $84,000 | $87,000 | $89,000 | $760,000 |
| mortgage payment | $225,000 | $338,000 | $338,000 | $338,000 | $338,000 | $338,000 | $338,000 | $338,000 | $338,000 | $338,000 | $3,265,000 |
| total expense investment | $2,019,000 | $408,000 | $410,000 | $412,000 | $414,000 | $417,000 | $419,000 | $422,000 | $425,000 | $427,000 | $5,773,000 |
Other
| Category | Y1 | Y2 | Y3 | Y4 | Y5 | Y6 | Y7 | Y8 | Y9 | Y10 | Total |
|---|---|---|---|---|---|---|---|---|---|---|---|
| net gain loss | -$1,506,443 | $168,000 | $194,000 | $222,000 | $251,000 | $281,000 | $313,000 | $347,000 | $382,000 | $419,000 | $1,070,000 |
| cumulative roi | $23 | $41 | $56 | $68 | $79 | $89 | $99 | $107 | $116 | $124 | $803 |
50 Scollard Condos
Address: Toronto C02, Ontario
Price Range: $3,142,000 - $17,319,000
Avail. suites: 21
1.5—3.5 bd
1209—5943 SqFt