Suite number:
1010 (XX483-B)
Project:
Address:
Toronto W01, Ontario
Developer:
Lifetime Developments
Property type:
condo
Bathrooms:
1
Bedrooms:
1
Size:
483 sqft
Occupancy Date:
Feb 2025
Price, CAD
$635,900
Available
ROI
Want to own a unit? —
Investment Period: 5 years
Yearly Return on Investment in Year 5
16.48%
Cumulative Return on Investment in Year 5
82.06%
Property Price at the End of Year 5
$819,000
Deposit Schedule
$10,000 at Signing
Total up to 5% in 30 days
$31,795
10% on Occupancy
$63,590
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 | $33,000 | $35,000 | $37,000 | $38,000 | $40,000 | $43,000 | $45,000 | $47,000 | $50,000 | $52,000 | $420,000 |
| rent income | $8,000 | $12,000 | $12,000 | $13,000 | $13,000 | $14,000 | $14,000 | $15,000 | $16,000 | $16,000 | $133,000 |
| mortgage principal reduction | $6,000 | $8,000 | $9,000 | $9,000 | $10,000 | $10,000 | $11,000 | $11,000 | $12,000 | $12,000 | $98,000 |
| deposit interest | $219 | - | - | - | - | - | - | - | - | - | $219 |
| gst hst rebate | $24,000 | - | - | - | - | - | - | - | - | - | $24,000 |
| total income return | $72,000 | $55,000 | $58,000 | $60,000 | $63,000 | $67,000 | $70,000 | $73,000 | $77,000 | $81,000 | $676,000 |
Expense/ Investment
| Category | Y1 | Y2 | Y3 | Y4 | Y5 | Y6 | Y7 | Y8 | Y9 | Y10 | Total |
|---|---|---|---|---|---|---|---|---|---|---|---|
| deposit | $95,000 | - | - | - | - | - | - | - | - | - | $95,000 |
| remaining balance payment | $32,000 | - | - | - | - | - | - | - | - | - | $32,000 |
| closing cost | $57,000 | - | - | - | - | - | - | - | - | - | $57,000 |
| operating expense | $5,000 | $7,000 | $7,000 | $7,000 | $8,000 | $8,000 | $8,000 | $8,000 | $9,000 | $9,000 | $75,000 |
| mortgage payment | $23,000 | $31,000 | $31,000 | $31,000 | $31,000 | $31,000 | $31,000 | $31,000 | $31,000 | $31,000 | $302,000 |
| total expense investment | $213,000 | $38,000 | $38,000 | $38,000 | $38,000 | $39,000 | $39,000 | $39,000 | $39,000 | $40,000 | $561,000 |
Other
| Category | Y1 | Y2 | Y3 | Y4 | Y5 | Y6 | Y7 | Y8 | Y9 | Y10 | Total |
|---|---|---|---|---|---|---|---|---|---|---|---|
| net gain loss | -$141,015 | $17,000 | $20,000 | $22,000 | $25,000 | $28,000 | $31,000 | $34,000 | $37,000 | $41,000 | $114,000 |
| cumulative roi | $31 | $47 | $60 | $72 | $82 | $92 | $101 | $110 | $119 | $127 | $841 |
XO2 Condos
Address: Toronto W01, Ontario
Price Range: $606,000 - $1,643,000
Avail. suites: 53
0—3.5 bd
406—1575 SqFt