Suite number:
23-25AN
Project:
Address:
Toronto C02, Ontario
Developer:
Lanterra Developments
Property type:
condo
Bathrooms:
2
Bedrooms:
3
Size:
2166 sqft
Occupancy Date:
Mar 2025
Price, CAD
$5,220,900
Available
ROI
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Investment Period: 5 years
Yearly Return on Investment in Year 5
17.50%
Cumulative Return on Investment in Year 5
79.58%
Property Price at the End of Year 5
$6,726,000
Deposit Schedule
$25,000 at Signing
Total up to 5% in 60 days
$261,045
13.5% on Occupancy
$704,822
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 | $271,000 | $286,000 | $300,000 | $316,000 | $332,000 | $350,000 | $368,000 | $387,000 | $407,000 | $428,000 | $3,446,000 |
| rent income | $51,000 | $78,000 | $82,000 | $85,000 | $89,000 | $93,000 | $97,000 | $101,000 | $105,000 | $110,000 | $889,000 |
| mortgage principal reduction | $45,000 | $69,000 | $73,000 | $76,000 | $79,000 | $83,000 | $87,000 | $91,000 | $95,000 | $99,000 | $797,000 |
| deposit interest | $2,000 | - | - | - | - | - | - | - | - | - | $2,000 |
| gst hst rebate | $24,000 | - | - | - | - | - | - | - | - | - | $24,000 |
| total income return | $392,000 | $433,000 | $455,000 | $477,000 | $501,000 | $525,000 | $551,000 | $579,000 | $607,000 | $637,000 | $5,157,000 |
Expense/ Investment
| Category | Y1 | Y2 | Y3 | Y4 | Y5 | Y6 | Y7 | Y8 | Y9 | Y10 | Total |
|---|---|---|---|---|---|---|---|---|---|---|---|
| deposit | $966,000 | - | - | - | - | - | - | - | - | - | $966,000 |
| remaining balance payment | $78,000 | - | - | - | - | - | - | - | - | - | $78,000 |
| closing cost | $273,000 | - | - | - | - | - | - | - | - | - | $273,000 |
| operating expense | $35,000 | $53,000 | $55,000 | $56,000 | $58,000 | $60,000 | $62,000 | $64,000 | $66,000 | $68,000 | $574,000 |
| mortgage payment | $169,000 | $254,000 | $254,000 | $254,000 | $254,000 | $254,000 | $254,000 | $254,000 | $254,000 | $254,000 | $2,455,000 |
| total expense investment | $1,521,000 | $307,000 | $308,000 | $310,000 | $312,000 | $314,000 | $316,000 | $318,000 | $320,000 | $322,000 | $4,346,000 |
Other
| Category | Y1 | Y2 | Y3 | Y4 | Y5 | Y6 | Y7 | Y8 | Y9 | Y10 | Total |
|---|---|---|---|---|---|---|---|---|---|---|---|
| net gain loss | -$1,129,421 | $126,000 | $146,000 | $167,000 | $189,000 | $212,000 | $236,000 | $261,000 | $288,000 | $316,000 | $811,000 |
| cumulative roi | $24 | $41 | $56 | $69 | $80 | $90 | $99 | $108 | $116 | $124 | $805 |
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