Suite number:
Q458
Project:
Address:
Toronto, Ontario
Developer:
Lifetime Developments
Property type:
condo
Floor plan:
Bathrooms:
1
Bedrooms:
1
Size:
458 sqft
Occupancy Date:
Jan 2029
Price, CAD
$795,900
Available
ROI
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Investment Period: 5 years
Yearly Return on Investment in Year 5
22.26%
Cumulative Return on Investment in Year 5
100.75%
Property Price at the End of Year 5
$1,026,000
Deposit Schedule
$10,000 at Signing
Total up to 5% in 30 days
$39,795
2.5% in 200 days
$19,898
2.5% in 365 days
$19,898
10% on Occupancy
$79,590
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 | $41,000 | $44,000 | $46,000 | $48,000 | $51,000 | $53,000 | $56,000 | $59,000 | $62,000 | $65,000 | $525,000 |
| rent income | - | - | - | $6,000 | $11,000 | $11,000 | $12,000 | $12,000 | $13,000 | $13,000 | $79,000 |
| mortgage principal reduction | - | - | - | $6,000 | $10,000 | $11,000 | $11,000 | $12,000 | $12,000 | $13,000 | $74,000 |
| deposit interest | -$3,911 | $4,000 | $4,000 | $1,000 | - | - | - | - | - | - | $6,000 |
| gst hst rebate | - | - | - | $24,000 | - | - | - | - | - | - | $24,000 |
| total income return | $37,000 | $48,000 | $50,000 | $85,000 | $72,000 | $75,000 | $79,000 | $83,000 | $87,000 | $92,000 | $709,000 |
Expense/ Investment
| Category | Y1 | Y2 | Y3 | Y4 | Y5 | Y6 | Y7 | Y8 | Y9 | Y10 | Total |
|---|---|---|---|---|---|---|---|---|---|---|---|
| deposit | $80,000 | - | - | $80,000 | - | - | - | - | - | - | $159,000 |
| remaining balance payment | - | - | - | - | - | - | - | - | - | - | - |
| closing cost | - | - | - | $65,000 | - | - | - | - | - | - | $65,000 |
| operating expense | - | - | - | $4,000 | $7,000 | $7,000 | $8,000 | $8,000 | $8,000 | $8,000 | $50,000 |
| mortgage payment | - | - | - | $23,000 | $40,000 | $40,000 | $40,000 | $40,000 | $40,000 | $40,000 | $262,000 |
| total expense investment | $80,000 | - | - | $172,000 | $47,000 | $47,000 | $47,000 | $48,000 | $48,000 | $48,000 | $537,000 |
Other
| Category | Y1 | Y2 | Y3 | Y4 | Y5 | Y6 | Y7 | Y8 | Y9 | Y10 | Total |
|---|---|---|---|---|---|---|---|---|---|---|---|
| net gain loss | -$42,114 | $48,000 | $50,000 | -$86,838 | $25,000 | $28,000 | $32,000 | $35,000 | $39,000 | $44,000 | $171,000 |
| cumulative roi | $52 | $107 | $170 | $90 | $101 | $110 | $118 | $126 | $133 | $140 | $1,000 |
Q Tower
Address: Toronto, Ontario
Price Range: $646,000 - $1,596,000
Avail. suites: 27
0—3 bd
346—917 SqFt