Suite number:
27S
Project:
Address:
Toronto, Ontario
Developer:
Lanterra Developments
Property type:
condo
Floor plan:
Bathrooms:
1.5
Bedrooms:
2.5
Size:
2861 sqft
Occupancy Date:
Jun 2025
Price, CAD
$6,943,900
Available
ROI
11,50%
Monthly Expenses
- condo fees— $3,204
- property taxes— $1,736
- property management— $515
- repairs and maintenance— $257
Total: $5,713
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Investment Period: 5 years
Yearly Return on Investment in Year 5
17.14%
Cumulative Return on Investment in Year 5
77.68%
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)
- Net Gain Loss
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Property Price Appreciation
- 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 | $107,000 | $112,000 | $117,000 | $122,000 | $127,000 | $132,000 | $138,000 | $144,000 | $1,168,000 |
| mortgage principal reduction | $57,000 | $88,000 | $93,000 | $97,000 | $102,000 | $107,000 | $112,000 | $118,000 | $123,000 | $129,000 | $1,026,000 |
| deposit interest | $3,000 | - | - | - | - | - | - | - | - | - | $3,000 |
| gst hst rebate | $24,000 | - | - | - | - | - | - | - | - | - | $24,000 |
| total income return | $510,000 | $571,000 | $600,000 | $629,000 | $661,000 | $694,000 | $728,000 | $765,000 | $803,000 | $843,000 | $6,803,000 |
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 | $361,000 | - | - | - | - | - | - | - | - | - | $361,000 |
| operating expense | $46,000 | $70,000 | $71,000 | $73,000 | $74,000 | $76,000 | $78,000 | $79,000 | $81,000 | $83,000 | $730,000 |
| mortgage payment | $232,000 | $348,000 | $348,000 | $348,000 | $348,000 | $348,000 | $348,000 | $348,000 | $348,000 | $348,000 | $3,361,000 |
| total expense investment | $2,027,000 | $417,000 | $419,000 | $420,000 | $422,000 | $424,000 | $425,000 | $427,000 | $429,000 | $431,000 | $5,841,000 |
Other
| Category | Y1 | Y2 | Y3 | Y4 | Y5 | Y6 | Y7 | Y8 | Y9 | Y10 | Total |
|---|---|---|---|---|---|---|---|---|---|---|---|
| net gain loss | -$1,517,062 | $154,000 | $181,000 | $209,000 | $239,000 | $270,000 | $303,000 | $338,000 | $374,000 | $412,000 | $962,000 |
| cumulative roi | $23 | $41 | $55 | $67 | $78 | $87 | $96 | $105 | $113 | $121 | $786 |
50 Scollard Condos
Address: Toronto, Ontario
Price Range: $3,142,000 - $17,319,000
Avail. suites: 21
1.5—3.5 bd
1209—5943 SqFt
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80% of Original Price
Options for changing mortgage terms
The rental rate per square foot.