Suite number:
20-22BN
Project:
Address:
Toronto, Ontario
Developer:
Lanterra Developments
Property type:
condo
Floor plan:
Bathrooms:
2
Bedrooms:
1.5
Size:
1293 sqft
Occupancy Date:
Jun 2025
Price, CAD
$3,475,900
Available
ROI
Want to own a unit? —
Investment Period: 5 years
Yearly Return on Investment in Year 5
16.95%
Cumulative Return on Investment in Year 5
77.54%
Property Price at the End of Year 5
$4,478,000
Deposit Schedule
$25,000 at Signing
Total up to 5% in 60 days
$173,795
13.5% on Occupancy
$469,247
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 | $180,000 | $190,000 | $200,000 | $210,000 | $221,000 | $233,000 | $245,000 | $258,000 | $271,000 | $285,000 | $2,294,000 |
| rent income | $30,000 | $46,000 | $48,000 | $51,000 | $53,000 | $55,000 | $57,000 | $60,000 | $62,000 | $65,000 | $528,000 |
| mortgage principal reduction | $28,000 | $44,000 | $46,000 | $49,000 | $51,000 | $54,000 | $56,000 | $59,000 | $62,000 | $65,000 | $514,000 |
| deposit interest | $1,000 | - | - | - | - | - | - | - | - | - | $1,000 |
| gst hst rebate | $24,000 | - | - | - | - | - | - | - | - | - | $24,000 |
| total income return | $264,000 | $281,000 | $295,000 | $310,000 | $325,000 | $341,000 | $358,000 | $376,000 | $395,000 | $415,000 | $3,361,000 |
Expense/ Investment
| Category | Y1 | Y2 | Y3 | Y4 | Y5 | Y6 | Y7 | Y8 | Y9 | Y10 | Total |
|---|---|---|---|---|---|---|---|---|---|---|---|
| deposit | $643,000 | - | - | - | - | - | - | - | - | - | $643,000 |
| remaining balance payment | $52,000 | - | - | - | - | - | - | - | - | - | $52,000 |
| closing cost | $187,000 | - | - | - | - | - | - | - | - | - | $187,000 |
| operating expense | $21,000 | $32,000 | $33,000 | $34,000 | $35,000 | $35,000 | $36,000 | $37,000 | $38,000 | $39,000 | $341,000 |
| mortgage payment | $116,000 | $174,000 | $174,000 | $174,000 | $174,000 | $174,000 | $174,000 | $174,000 | $174,000 | $174,000 | $1,683,000 |
| total expense investment | $1,020,000 | $207,000 | $207,000 | $208,000 | $209,000 | $209,000 | $210,000 | $211,000 | $212,000 | $213,000 | $2,906,000 |
Other
| Category | Y1 | Y2 | Y3 | Y4 | Y5 | Y6 | Y7 | Y8 | Y9 | Y10 | Total |
|---|---|---|---|---|---|---|---|---|---|---|---|
| net gain loss | -$755,710 | $74,000 | $88,000 | $102,000 | $116,000 | $132,000 | $148,000 | $165,000 | $183,000 | $202,000 | $455,000 |
| cumulative roi | $24 | $41 | $55 | $67 | $78 | $87 | $96 | $104 | $112 | $120 | $784 |
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