Suite number:
13-14&17FN
Project:
Address:
Toronto C02, Ontario
Developer:
Lanterra Developments
Property type:
condo
Bathrooms:
2
Bedrooms:
2
Size:
1306 sqft
Occupancy Date:
Mar 2025
Price, CAD
$3,301,900
Available
ROI
Want to own a unit? —
Investment Period: 5 years
Yearly Return on Investment in Year 5
16.99%
Cumulative Return on Investment in Year 5
77.83%
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 | $45,000 | $47,000 | $49,000 | $51,000 | $53,000 | $55,000 | $446,000 |
| mortgage principal reduction | $28,000 | $44,000 | $46,000 | $48,000 | $50,000 | $53,000 | $55,000 | $57,000 | $60,000 | $63,000 | $504,000 |
| deposit interest | $998 | - | - | - | - | - | - | - | - | - | $998 |
| gst hst rebate | $24,000 | - | - | - | - | - | - | - | - | - | $24,000 |
| total income return | $250,000 | $264,000 | $277,000 | $291,000 | $305,000 | $320,000 | $336,000 | $353,000 | $370,000 | $389,000 | $3,155,000 |
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 | $177,000 | - | - | - | - | - | - | - | - | - | $177,000 |
| operating expense | $21,000 | $32,000 | $33,000 | $34,000 | $35,000 | $36,000 | $37,000 | $38,000 | $39,000 | $40,000 | $343,000 |
| mortgage payment | $107,000 | $161,000 | $161,000 | $161,000 | $161,000 | $161,000 | $161,000 | $161,000 | $161,000 | $161,000 | $1,553,000 |
| total expense investment | $965,000 | $192,000 | $193,000 | $194,000 | $195,000 | $196,000 | $197,000 | $199,000 | $200,000 | $201,000 | $2,733,000 |
Other
| Category | Y1 | Y2 | Y3 | Y4 | Y5 | Y6 | Y7 | Y8 | Y9 | Y10 | Total |
|---|---|---|---|---|---|---|---|---|---|---|---|
| net gain loss | -$715,285 | $72,000 | $84,000 | $96,000 | $110,000 | $124,000 | $139,000 | $154,000 | $171,000 | $188,000 | $422,000 |
| cumulative roi | $24 | $42 | $56 | $67 | $78 | $87 | $96 | $104 | $112 | $119 | $784 |
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