Suite number:
20-22BN
Project:
Address:
Toronto C02, Ontario
Developer:
Lanterra Developments
Property type:
condo
Bathrooms:
2
Bedrooms:
1.5
Size:
1293 sqft
Occupancy Date:
Mar 2025
Price, CAD
$3,475,900
Available
ROI
Want to own a unit? —
Investment Period: 5 years
Yearly Return on Investment in Year 5
17.31%
Cumulative Return on Investment in Year 5
79.20%
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 | $47,000 | $49,000 | $51,000 | $53,000 | $55,000 | $58,000 | $60,000 | $63,000 | $65,000 | $530,000 |
| mortgage principal reduction | $30,000 | $46,000 | $48,000 | $51,000 | $53,000 | $55,000 | $58,000 | $61,000 | $63,000 | $66,000 | $531,000 |
| deposit interest | $1,000 | - | - | - | - | - | - | - | - | - | $1,000 |
| gst hst rebate | $24,000 | - | - | - | - | - | - | - | - | - | $24,000 |
| total income return | $265,000 | $283,000 | $297,000 | $312,000 | $327,000 | $343,000 | $360,000 | $378,000 | $397,000 | $417,000 | $3,380,000 |
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 | $186,000 | - | - | - | - | - | - | - | - | - | $186,000 |
| operating expense | $21,000 | $33,000 | $34,000 | $35,000 | $36,000 | $37,000 | $38,000 | $39,000 | $40,000 | $42,000 | $355,000 |
| mortgage payment | $113,000 | $169,000 | $169,000 | $169,000 | $169,000 | $169,000 | $169,000 | $169,000 | $169,000 | $169,000 | $1,634,000 |
| total expense investment | $1,015,000 | $202,000 | $203,000 | $204,000 | $205,000 | $206,000 | $207,000 | $208,000 | $210,000 | $211,000 | $2,870,000 |
Other
| Category | Y1 | Y2 | Y3 | Y4 | Y5 | Y6 | Y7 | Y8 | Y9 | Y10 | Total |
|---|---|---|---|---|---|---|---|---|---|---|---|
| net gain loss | -$749,663 | $81,000 | $94,000 | $108,000 | $122,000 | $137,000 | $153,000 | $170,000 | $188,000 | $206,000 | $510,000 |
| cumulative roi | $24 | $42 | $56 | $68 | $79 | $89 | $98 | $106 | $115 | $123 | $800 |
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