Suite number:
13-14GS
Project:
Address:
Toronto C02, Ontario
Developer:
Lanterra Developments
Property type:
condo
Bathrooms:
2
Bedrooms:
2
Size:
1356 sqft
Occupancy Date:
Mar 2025
Price, CAD
$3,456,900
Available
ROI
Want to own a unit? —
Investment Period: 5 years
Yearly Return on Investment in Year 5
16.99%
Cumulative Return on Investment in Year 5
77.76%
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 | $43,000 | $44,000 | $46,000 | $48,000 | $50,000 | $53,000 | $55,000 | $57,000 | $464,000 |
| mortgage principal reduction | $30,000 | $46,000 | $48,000 | $50,000 | $53,000 | $55,000 | $58,000 | $60,000 | $63,000 | $66,000 | $528,000 |
| deposit interest | $1,000 | - | - | - | - | - | - | - | - | - | $1,000 |
| gst hst rebate | $24,000 | - | - | - | - | - | - | - | - | - | $24,000 |
| total income return | $260,000 | $276,000 | $290,000 | $304,000 | $319,000 | $335,000 | $352,000 | $369,000 | $387,000 | $407,000 | $3,298,000 |
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 | $185,000 | - | - | - | - | - | - | - | - | - | $185,000 |
| operating expense | $22,000 | $33,000 | $34,000 | $35,000 | $36,000 | $37,000 | $38,000 | $40,000 | $41,000 | $42,000 | $357,000 |
| mortgage payment | $112,000 | $168,000 | $168,000 | $168,000 | $168,000 | $168,000 | $168,000 | $168,000 | $168,000 | $168,000 | $1,625,000 |
| total expense investment | $1,010,000 | $201,000 | $202,000 | $203,000 | $204,000 | $205,000 | $207,000 | $208,000 | $209,000 | $210,000 | $2,859,000 |
Other
| Category | Y1 | Y2 | Y3 | Y4 | Y5 | Y6 | Y7 | Y8 | Y9 | Y10 | Total |
|---|---|---|---|---|---|---|---|---|---|---|---|
| net gain loss | -$749,438 | $75,000 | $87,000 | $101,000 | $115,000 | $130,000 | $145,000 | $161,000 | $178,000 | $196,000 | $439,000 |
| 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