Suite number:
13-14GS
Project:
Address:
Toronto, Ontario
Developer:
Lanterra Developments
Property type:
condo
Floor plan:
Bathrooms:
2
Bedrooms:
2
Size:
1356 sqft
Occupancy Date:
Jun 2025
Price, CAD
$3,456,900
Available
ROI
Want to own a unit? —
Investment Period: 5 years
Yearly Return on Investment in Year 5
16.64%
Cumulative Return on Investment in Year 5
76.16%
Property Price at the End of Year 5
$4,454,000
Deposit Schedule
$25,000 at Signing
Total up to 5% in 60 days
$172,845
13.5% on Occupancy
$466,682
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 | $179,000 | $189,000 | $199,000 | $209,000 | $220,000 | $232,000 | $244,000 | $256,000 | $270,000 | $284,000 | $2,281,000 |
| rent income | $26,000 | $41,000 | $42,000 | $44,000 | $46,000 | $48,000 | $50,000 | $52,000 | $55,000 | $57,000 | $461,000 |
| mortgage principal reduction | $28,000 | $44,000 | $46,000 | $48,000 | $51,000 | $53,000 | $56,000 | $59,000 | $61,000 | $64,000 | $511,000 |
| deposit interest | $1,000 | - | - | - | - | - | - | - | - | - | $1,000 |
| gst hst rebate | $24,000 | - | - | - | - | - | - | - | - | - | $24,000 |
| total income return | $259,000 | $274,000 | $287,000 | $302,000 | $317,000 | $333,000 | $350,000 | $367,000 | $386,000 | $405,000 | $3,279,000 |
Expense/ Investment
| Category | Y1 | Y2 | Y3 | Y4 | Y5 | Y6 | Y7 | Y8 | Y9 | Y10 | Total |
|---|---|---|---|---|---|---|---|---|---|---|---|
| deposit | $640,000 | - | - | - | - | - | - | - | - | - | $640,000 |
| remaining balance payment | $52,000 | - | - | - | - | - | - | - | - | - | $52,000 |
| closing cost | $186,000 | - | - | - | - | - | - | - | - | - | $186,000 |
| operating expense | $22,000 | $33,000 | $33,000 | $34,000 | $35,000 | $36,000 | $36,000 | $37,000 | $38,000 | $39,000 | $343,000 |
| mortgage payment | $115,000 | $173,000 | $173,000 | $173,000 | $173,000 | $173,000 | $173,000 | $173,000 | $173,000 | $173,000 | $1,673,000 |
| total expense investment | $1,015,000 | $206,000 | $207,000 | $207,000 | $208,000 | $209,000 | $210,000 | $210,000 | $211,000 | $212,000 | $2,894,000 |
Other
| Category | Y1 | Y2 | Y3 | Y4 | Y5 | Y6 | Y7 | Y8 | Y9 | Y10 | Total |
|---|---|---|---|---|---|---|---|---|---|---|---|
| net gain loss | -$755,442 | $68,000 | $81,000 | $95,000 | $109,000 | $124,000 | $140,000 | $157,000 | $174,000 | $193,000 | $385,000 |
| cumulative roi | $24 | $41 | $55 | $66 | $76 | $85 | $94 | $102 | $109 | $117 | $768 |
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