Suite number:
13-14BN
Project:
Address:
Toronto C02, Ontario
Developer:
Lanterra Developments
Property type:
condo
Bathrooms:
2
Bedrooms:
1.5
Size:
1293 sqft
Occupancy Date:
Mar 2025
Price, CAD
$3,325,900
Available
ROI
Want to own a unit? —
Investment Period: 5 years
Yearly Return on Investment in Year 5
17.36%
Cumulative Return on Investment in Year 5
79.51%
Property Price at the End of Year 5
$4,285,000
Deposit Schedule
$25,000 at Signing
Total up to 5% in 60 days
$166,295
13.5% on Occupancy
$448,997
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 | $172,000 | $182,000 | $191,000 | $201,000 | $212,000 | $223,000 | $234,000 | $247,000 | $259,000 | $273,000 | $2,195,000 |
| rent income | $30,000 | $47,000 | $49,000 | $51,000 | $53,000 | $55,000 | $58,000 | $60,000 | $63,000 | $65,000 | $530,000 |
| mortgage principal reduction | $28,000 | $44,000 | $46,000 | $48,000 | $51,000 | $53,000 | $55,000 | $58,000 | $61,000 | $63,000 | $508,000 |
| deposit interest | $1,000 | - | - | - | - | - | - | - | - | - | $1,000 |
| gst hst rebate | $24,000 | - | - | - | - | - | - | - | - | - | $24,000 |
| total income return | $256,000 | $273,000 | $286,000 | $300,000 | $315,000 | $331,000 | $347,000 | $365,000 | $383,000 | $402,000 | $3,258,000 |
Expense/ Investment
| Category | Y1 | Y2 | Y3 | Y4 | Y5 | Y6 | Y7 | Y8 | Y9 | Y10 | Total |
|---|---|---|---|---|---|---|---|---|---|---|---|
| deposit | $615,000 | - | - | - | - | - | - | - | - | - | $615,000 |
| remaining balance payment | $50,000 | - | - | - | - | - | - | - | - | - | $50,000 |
| closing cost | $178,000 | - | - | - | - | - | - | - | - | - | $178,000 |
| operating expense | $21,000 | $32,000 | $33,000 | $34,000 | $35,000 | $36,000 | $38,000 | $39,000 | $40,000 | $41,000 | $350,000 |
| mortgage payment | $108,000 | $162,000 | $162,000 | $162,000 | $162,000 | $162,000 | $162,000 | $162,000 | $162,000 | $162,000 | $1,564,000 |
| total expense investment | $972,000 | $194,000 | $195,000 | $196,000 | $197,000 | $198,000 | $199,000 | $200,000 | $202,000 | $203,000 | $2,757,000 |
Other
| Category | Y1 | Y2 | Y3 | Y4 | Y5 | Y6 | Y7 | Y8 | Y9 | Y10 | Total |
|---|---|---|---|---|---|---|---|---|---|---|---|
| net gain loss | -$716,097 | $79,000 | $91,000 | $104,000 | $118,000 | $133,000 | $148,000 | $164,000 | $181,000 | $199,000 | $501,000 |
| cumulative roi | $24 | $42 | $56 | $69 | $80 | $89 | $98 | $107 | $115 | $123 | $804 |
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