Suite number:
Q478
Project:
Address:
Toronto, Ontario
Developer:
Lifetime Developments
Property type:
condo
Floor plan:
Bathrooms:
1
Bedrooms:
1
Size:
478 sqft
Occupancy Date:
Jan 2029
Price, CAD
$848,900
Available
ROI
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Investment Period: 5 years
Yearly Return on Investment in Year 5
21.94%
Cumulative Return on Investment in Year 5
99.19%
Property Price at the End of Year 5
$1,094,000
Deposit Schedule
$10,000 at Signing
Total up to 5% in 30 days
$42,445
2.5% in 200 days
$21,223
2.5% in 365 days
$21,223
10% on Occupancy
$84,890
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 | $44,000 | $46,000 | $49,000 | $51,000 | $54,000 | $57,000 | $60,000 | $63,000 | $66,000 | $70,000 | $561,000 |
| rent income | - | - | - | $8,000 | $11,000 | $12,000 | $12,000 | $13,000 | $14,000 | $14,000 | $85,000 |
| mortgage principal reduction | - | - | - | $8,000 | $11,000 | $11,000 | $12,000 | $13,000 | $13,000 | $14,000 | $81,000 |
| deposit interest | -$3,803 | $4,000 | $4,000 | $748 | - | - | - | - | - | - | $6,000 |
| gst hst rebate | - | - | - | $24,000 | - | - | - | - | - | - | $24,000 |
| total income return | $41,000 | $51,000 | $53,000 | $92,000 | $76,000 | $80,000 | $84,000 | $89,000 | $93,000 | $98,000 | $757,000 |
Expense/ Investment
| Category | Y1 | Y2 | Y3 | Y4 | Y5 | Y6 | Y7 | Y8 | Y9 | Y10 | Total |
|---|---|---|---|---|---|---|---|---|---|---|---|
| deposit | $85,000 | - | - | $85,000 | - | - | - | - | - | - | $170,000 |
| remaining balance payment | - | - | - | - | - | - | - | - | - | - | - |
| closing cost | - | - | - | $67,000 | - | - | - | - | - | - | $67,000 |
| operating expense | - | - | - | $6,000 | $8,000 | $8,000 | $8,000 | $8,000 | $8,000 | $9,000 | $54,000 |
| mortgage payment | - | - | - | $32,000 | $43,000 | $43,000 | $43,000 | $43,000 | $43,000 | $43,000 | $287,000 |
| total expense investment | $85,000 | - | - | $190,000 | $50,000 | $50,000 | $51,000 | $51,000 | $51,000 | $51,000 | $578,000 |
Other
| Category | Y1 | Y2 | Y3 | Y4 | Y5 | Y6 | Y7 | Y8 | Y9 | Y10 | Total |
|---|---|---|---|---|---|---|---|---|---|---|---|
| net gain loss | -$44,298 | $51,000 | $53,000 | -$97,518 | $26,000 | $30,000 | $34,000 | $38,000 | $42,000 | $47,000 | $179,000 |
| cumulative roi | $52 | $108 | $171 | $89 | $99 | $108 | $116 | $124 | $132 | $139 | $1,000 |
Q Tower
Address: Toronto, Ontario
Price Range: $646,000 - $1,596,000
Avail. suites: 28
0—3 bd
346—917 SqFt