Suite number:
13-14&17FN
Project:
Address:
Toronto, Ontario
Developer:
Lanterra Developments
Property type:
condo
Floor plan:
Bathrooms:
2
Bedrooms:
2
Size:
1306 sqft
Occupancy Date:
Jun 2025
Price, CAD
$3,301,900
Available
ROI
Want to own a unit? —
Investment Period: 5 years
Yearly Return on Investment in Year 5
16.65%
Cumulative Return on Investment in Year 5
76.24%
Property Price at the End of Year 5
$4,254,000
Deposit Schedule
$25,000 at Signing
Total up to 5% in 60 days
$165,095
13.5% on Occupancy
$445,757
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 | $171,000 | $181,000 | $190,000 | $200,000 | $210,000 | $221,000 | $233,000 | $245,000 | $258,000 | $271,000 | $2,179,000 |
| rent income | $25,000 | $39,000 | $41,000 | $43,000 | $44,000 | $46,000 | $48,000 | $50,000 | $52,000 | $55,000 | $444,000 |
| mortgage principal reduction | $27,000 | $42,000 | $44,000 | $46,000 | $48,000 | $51,000 | $53,000 | $56,000 | $59,000 | $61,000 | $488,000 |
| deposit interest | $1,000 | - | - | - | - | - | - | - | - | - | $1,000 |
| gst hst rebate | $24,000 | - | - | - | - | - | - | - | - | - | $24,000 |
| total income return | $249,000 | $262,000 | $275,000 | $289,000 | $303,000 | $318,000 | $334,000 | $351,000 | $369,000 | $387,000 | $3,137,000 |
Expense/ Investment
| Category | Y1 | Y2 | Y3 | Y4 | Y5 | Y6 | Y7 | Y8 | Y9 | Y10 | Total |
|---|---|---|---|---|---|---|---|---|---|---|---|
| deposit | $611,000 | - | - | - | - | - | - | - | - | - | $611,000 |
| remaining balance payment | $50,000 | - | - | - | - | - | - | - | - | - | $50,000 |
| closing cost | $179,000 | - | - | - | - | - | - | - | - | - | $179,000 |
| operating expense | $21,000 | $31,000 | $32,000 | $33,000 | $34,000 | $34,000 | $35,000 | $36,000 | $37,000 | $37,000 | $330,000 |
| mortgage payment | $110,000 | $165,000 | $165,000 | $165,000 | $165,000 | $165,000 | $165,000 | $165,000 | $165,000 | $165,000 | $1,598,000 |
| total expense investment | $970,000 | $197,000 | $197,000 | $198,000 | $199,000 | $200,000 | $200,000 | $201,000 | $202,000 | $203,000 | $2,767,000 |
Other
| Category | Y1 | Y2 | Y3 | Y4 | Y5 | Y6 | Y7 | Y8 | Y9 | Y10 | Total |
|---|---|---|---|---|---|---|---|---|---|---|---|
| net gain loss | -$720,994 | $65,000 | $77,000 | $90,000 | $104,000 | $119,000 | $134,000 | $150,000 | $167,000 | $184,000 | $370,000 |
| cumulative roi | $24 | $41 | $55 | $66 | $76 | $85 | $94 | $102 | $109 | $117 | $769 |
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