Suite number:
Q442
Project:
Address:
Toronto, Ontario
Developer:
Lifetime Developments
Property type:
condo
Floor plan:
Bathrooms:
1
Bedrooms:
1.5
Size:
442 sqft
Occupancy Date:
Jan 2029
Price, CAD
$778,900
Available
ROI
Want to own a unit? —
Investment Period: 5 years
Yearly Return on Investment in Year 5
23.91%
Cumulative Return on Investment in Year 5
110.81%
Property Price at the End of Year 5
$1,003,000
Deposit Schedule
$10,000 at Signing
Total up to 5% in 30 days
$38,945
2.5% in 200 days
$19,473
2.5% in 365 days
$19,473
10% on Occupancy
$77,890
Net Gain (Loss)
Get Expert Advice
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 | $40,000 | $43,000 | $45,000 | $47,000 | $50,000 | $52,000 | $55,000 | $58,000 | $61,000 | $64,000 | $514,000 |
rent income | - | - | - | $6,000 | $16,000 | $16,000 | $17,000 | $18,000 | $19,000 | $19,000 | $111,000 |
mortgage principal reduction | - | - | - | $4,000 | $10,000 | $10,000 | $11,000 | $11,000 | $12,000 | $12,000 | $70,000 |
deposit interest | $2,000 | $5,000 | $4,000 | $2,000 | - | - | - | - | - | - | $13,000 |
gst hst rebate | - | - | - | $24,000 | - | - | - | - | - | - | $24,000 |
total income return | $43,000 | $47,000 | $49,000 | $84,000 | $75,000 | $79,000 | $83,000 | $87,000 | $91,000 | $96,000 | $733,000 |
Expense/ Investment
Category | Y1 | Y2 | Y3 | Y4 | Y5 | Y6 | Y7 | Y8 | Y9 | Y10 | Total |
---|---|---|---|---|---|---|---|---|---|---|---|
deposit | $58,000 | $19,000 | - | $78,000 | - | - | - | - | - | - | $156,000 |
remaining balance payment | - | - | - | - | - | - | - | - | - | - | - |
closing cost | - | - | - | $65,000 | - | - | - | - | - | - | $65,000 |
operating expense | - | - | - | $3,000 | $7,000 | $8,000 | $8,000 | $8,000 | $8,000 | $8,000 | $51,000 |
mortgage payment | - | - | - | $16,000 | $39,000 | $39,000 | $39,000 | $39,000 | $39,000 | $39,000 | $250,000 |
total expense investment | $58,000 | $19,000 | - | $162,000 | $47,000 | $47,000 | $47,000 | $47,000 | $47,000 | $47,000 | $521,000 |
Other
Category | Y1 | Y2 | Y3 | Y4 | Y5 | Y6 | Y7 | Y8 | Y9 | Y10 | Total |
---|---|---|---|---|---|---|---|---|---|---|---|
net gain loss | -$15,676 | $28,000 | $49,000 | -$78,188 | $29,000 | $32,000 | $36,000 | $40,000 | $44,000 | $48,000 | $211,000 |
cumulative roi | $73 | $115 | $178 | $99 | $111 | $121 | $131 | $140 | $149 | $158 | $1,000 |
Q Tower
Address: Toronto, Ontario
Price Range: $646,000 - $1,596,000
Avail. suites: 27
0—3 bd
346—917 SqFt