Suite number:
1205 (XX828-T)
Project:
Address:
Toronto W01, Ontario
Developer:
Lifetime Developments
Property type:
condo
Floor plan:
Bathrooms:
2
Bedrooms:
2.5
Size:
828 sqft
Occupancy Date:
Feb 2025
Price, CAD
$1,192,900
Available
ROI
Want to own a unit? —
Investment Period: 5 years
Yearly Return on Investment in Year 5
18.01%
Cumulative Return on Investment in Year 5
86.15%
Property Price at the End of Year 5
$1,537,000
Deposit Schedule
$10 at Signing
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 | $62,000 | $65,000 | $69,000 | $72,000 | $76,000 | $80,000 | $84,000 | $88,000 | $93,000 | $98,000 | $787,000 |
| rent income | $27,000 | $30,000 | $31,000 | $33,000 | $34,000 | $36,000 | $37,000 | $39,000 | $40,000 | $42,000 | $348,000 |
| mortgage principal reduction | $13,000 | $15,000 | $16,000 | $17,000 | $18,000 | $19,000 | $19,000 | $20,000 | $21,000 | $22,000 | $182,000 |
| deposit interest | $510 | - | - | - | - | - | - | - | - | - | $510 |
| gst hst rebate | $24,000 | - | - | - | - | - | - | - | - | - | $24,000 |
| total income return | $126,000 | $111,000 | $116,000 | $122,000 | $128,000 | $134,000 | $141,000 | $148,000 | $155,000 | $162,000 | $1,342,000 |
Expense/ Investment
| Category | Y1 | Y2 | Y3 | Y4 | Y5 | Y6 | Y7 | Y8 | Y9 | Y10 | Total |
|---|---|---|---|---|---|---|---|---|---|---|---|
| deposit | $119,000 | - | - | - | - | - | - | - | - | - | $119,000 |
| remaining balance payment | $119,000 | - | - | - | - | - | - | - | - | - | $119,000 |
| closing cost | $81,000 | - | - | - | - | - | - | - | - | - | $81,000 |
| operating expense | $12,000 | $13,000 | $13,000 | $14,000 | $14,000 | $14,000 | $15,000 | $15,000 | $15,000 | $16,000 | $140,000 |
| mortgage payment | $55,000 | $60,000 | $60,000 | $60,000 | $60,000 | $60,000 | $60,000 | $60,000 | $60,000 | $60,000 | $592,000 |
| total expense investment | $386,000 | $73,000 | $73,000 | $73,000 | $74,000 | $74,000 | $74,000 | $75,000 | $75,000 | $75,000 | $1,052,000 |
Other
| Category | Y1 | Y2 | Y3 | Y4 | Y5 | Y6 | Y7 | Y8 | Y9 | Y10 | Total |
|---|---|---|---|---|---|---|---|---|---|---|---|
| net gain loss | -$259,826 | $38,000 | $43,000 | $48,000 | $54,000 | $60,000 | $66,000 | $73,000 | $80,000 | $87,000 | $290,000 |
| cumulative roi | $28 | $45 | $60 | $74 | $86 | $98 | $109 | $120 | $131 | $142 | $894 |
XO2 Condos
Address: Toronto W01, Ontario
Price Range: $606,000 - $1,643,000
Avail. suites: 53
0—3.5 bd
406—1575 SqFt