Fifty Scollard Condos in Toronto

Name: Sales in Fifty Scollard Condos started!
Start: 2020-10-21T07:32:38.184375+00:00
End: 2023-12-31T23:59:59+0000
Location: Fifty Scollard Condos

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Project info

Object ID: 9960

Finished at	March 2023
Price, m²	From 18580$
Buy online	Details
Installment plan	—
Bank mortgage
Property type	Aparment building
Square	from 107.00 m²
Floors	41
Apartments	112
Condition	Turnkey
Construction type	Monolyth
Security	CCTV Security Reception
Conveniences	Parking Spa Fitness Pool Commercial area Kids playground Near school Near kindergarten Near supermarket Near hospital Nearby subway stations Bay 1 min Rosedale 1 min Summerhill 2 min Queen's/Park 2 min St. Patrick 3 min Museum 4 min St. Clair/West 4 min Bloor-Yonge 4 min Osgoode 5 min Wellesley 7 min St. Andrew 7 min College 7 min Davisville 9 min Dundas 10 min St. George 11 min Union 11 min Eglinton/West 12 min Queen 12 min King 14 min Sherbourne 14 min Spadina 15 min Lawrence/West 17 min Dupont 19 min Bayview 19 min
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Return on investment for apartment

with price

11,755$

Rental income

1,103$

Management

689$

Utilities

587$

5% Income tax

9,376$

Net profit

Month	Days in month	Occupancy, %	Occupancy, days	ADR	Total
January	31	16%	5	55$	275$
February	28	21%	6	55$	330$
March	31	12%	4	60$	240$
April	30	16%	5	60$	300$
May	31	25%	8	60$	480$
June	30	60%	18	80$	1440$
July	31	77%	24	120$	2880$
August	31	77%	24	130$	3120$
September	30	40%	12	100$	1200$
October	31	38%	12	60$	720$
November	30	23%	7	55$	385$
December	31	22%	7	55$	385$
Total	365		132		11755$
Average		35%		74$

Total invested

1,988,060$

Net profit

9,376$

Payback period

169.1 years

Avg property value increase per year

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About the project

Witness an icon in the making. Perfectly poised to rise 41 storeys at the corner of Bay and Scollard in Yorkville, the 112 exclusive residences at 50 Scollard will capture the imagination and fulfill the unique demands of Toronto’s most discerning clientele. 50 Scollard combines the creative vision of Foster and Partners with the breathtaking interiors designed by Studio Munge to create an unparalled living experience in an unparalled location.

Developer

Lanterra Developments was founded by Mark Mandelbaum and Barry Fenton, two real estate visionaries who began with a dream to develop innovat…
Details about Lanterra Developments