Suite number:
14BF
Project:
Address:
Toronto, Ontario
Developer:
Lanterra Developments
Property type:
condo
Floor plan:
Bathrooms:
3
Bedrooms:
3
Size:
2620 sqft
Occupancy Date:
Jun 2025
Price, CAD
$6,595,900
Available
ROI
Want to own a unit? —
Investment Period: 5 years
Yearly Return on Investment in Year 5
17.10%
Cumulative Return on Investment in Year 5
77.50%
Property Price at the End of Year 5
$8,498,000
Deposit Schedule
$25,000 at Signing
Total up to 5% in 60 days
$329,795
13.5% on Occupancy
$890,447
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 | $342,000 | $361,000 | $380,000 | $399,000 | $420,000 | $442,000 | $465,000 | $489,000 | $514,000 | $541,000 | $4,353,000 |
| rent income | $61,000 | $94,000 | $98,000 | $102,000 | $107,000 | $111,000 | $116,000 | $121,000 | $126,000 | $132,000 | $1,069,000 |
| mortgage principal reduction | $54,000 | $84,000 | $88,000 | $92,000 | $97,000 | $102,000 | $107,000 | $112,000 | $117,000 | $123,000 | $975,000 |
| deposit interest | $2,000 | - | - | - | - | - | - | - | - | - | $2,000 |
| gst hst rebate | $24,000 | - | - | - | - | - | - | - | - | - | $24,000 |
| total income return | $483,000 | $539,000 | $566,000 | $594,000 | $624,000 | $655,000 | $688,000 | $722,000 | $758,000 | $796,000 | $6,424,000 |
Expense/ Investment
| Category | Y1 | Y2 | Y3 | Y4 | Y5 | Y6 | Y7 | Y8 | Y9 | Y10 | Total |
|---|---|---|---|---|---|---|---|---|---|---|---|
| deposit | $1,220,000 | - | - | - | - | - | - | - | - | - | $1,220,000 |
| remaining balance payment | $99,000 | - | - | - | - | - | - | - | - | - | $99,000 |
| closing cost | $343,000 | - | - | - | - | - | - | - | - | - | $343,000 |
| operating expense | $42,000 | $64,000 | $66,000 | $67,000 | $69,000 | $70,000 | $72,000 | $73,000 | $75,000 | $77,000 | $676,000 |
| mortgage payment | $220,000 | $330,000 | $330,000 | $330,000 | $330,000 | $330,000 | $330,000 | $330,000 | $330,000 | $330,000 | $3,193,000 |
| total expense investment | $1,925,000 | $395,000 | $396,000 | $398,000 | $399,000 | $401,000 | $402,000 | $404,000 | $405,000 | $407,000 | $5,532,000 |
Other
| Category | Y1 | Y2 | Y3 | Y4 | Y5 | Y6 | Y7 | Y8 | Y9 | Y10 | Total |
|---|---|---|---|---|---|---|---|---|---|---|---|
| net gain loss | -$1,441,681 | $144,000 | $170,000 | $196,000 | $225,000 | $254,000 | $285,000 | $318,000 | $352,000 | $389,000 | $892,000 |
| cumulative roi | $23 | $41 | $55 | $67 | $77 | $87 | $96 | $105 | $113 | $121 | $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