Suite number:
23-25AN
Project:
Address:
Toronto, Ontario
Developer:
Lanterra Developments
Property type:
condo
Floor plan:
Bathrooms:
2
Bedrooms:
3
Size:
2166 sqft
Occupancy Date:
Jun 2025
Price, CAD
$5,220,900
Available
ROI
Want to own a unit? —
Investment Period: 5 years
Yearly Return on Investment in Year 5
17.14%
Cumulative Return on Investment in Year 5
77.93%
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)
Get Expert Advice
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 | $50,000 | $78,000 | $81,000 | $85,000 | $88,000 | $92,000 | $96,000 | $100,000 | $104,000 | $109,000 | $884,000 |
mortgage principal reduction | $43,000 | $67,000 | $70,000 | $73,000 | $77,000 | $80,000 | $84,000 | $88,000 | $93,000 | $97,000 | $772,000 |
deposit interest | $2,000 | - | - | - | - | - | - | - | - | - | $2,000 |
gst hst rebate | $24,000 | - | - | - | - | - | - | - | - | - | $24,000 |
total income return | $390,000 | $430,000 | $451,000 | $474,000 | $497,000 | $522,000 | $548,000 | $576,000 | $604,000 | $635,000 | $5,127,000 |
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 | $274,000 | - | - | - | - | - | - | - | - | - | $274,000 |
operating expense | $35,000 | $53,000 | $54,000 | $55,000 | $56,000 | $57,000 | $59,000 | $60,000 | $61,000 | $63,000 | $552,000 |
mortgage payment | $174,000 | $261,000 | $261,000 | $261,000 | $261,000 | $261,000 | $261,000 | $261,000 | $261,000 | $261,000 | $2,527,000 |
total expense investment | $1,528,000 | $314,000 | $315,000 | $316,000 | $318,000 | $319,000 | $320,000 | $321,000 | $323,000 | $324,000 | $4,398,000 |
Other
Category | Y1 | Y2 | Y3 | Y4 | Y5 | Y6 | Y7 | Y8 | Y9 | Y10 | Total |
---|---|---|---|---|---|---|---|---|---|---|---|
net gain loss | -$1,137,780 | $116,000 | $136,000 | $157,000 | $180,000 | $203,000 | $228,000 | $254,000 | $282,000 | $310,000 | $729,000 |
cumulative roi | $23 | $41 | $55 | $67 | $78 | $88 | $97 | $105 | $113 | $122 | $789 |
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