Suite number:
1205 (XX828-T)
Project:
Address:
Toronto W01, Ontario
Developer:
Lifetime Developments
Property type:
condo
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
18.67%
Cumulative Return on Investment in Year 5
88.81%
Property Price at the End of Year 5
$1,537,000
Deposit Schedule
$10,000 at Signing
Total up to 5% in 30 days
$59,645
10% on Occupancy
$119,290
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 | $62,000 | $65,000 | $69,000 | $72,000 | $76,000 | $80,000 | $84,000 | $88,000 | $93,000 | $98,000 | $787,000 |
| rent income | $22,000 | $30,000 | $31,000 | $33,000 | $34,000 | $36,000 | $37,000 | $39,000 | $40,000 | $42,000 | $343,000 |
| mortgage principal reduction | $11,000 | $16,000 | $17,000 | $17,000 | $18,000 | $19,000 | $20,000 | $21,000 | $22,000 | $23,000 | $184,000 |
| deposit interest | $373 | - | - | - | - | - | - | - | - | - | $373 |
| gst hst rebate | $24,000 | - | - | - | - | - | - | - | - | - | $24,000 |
| total income return | $120,000 | $111,000 | $117,000 | $122,000 | $128,000 | $134,000 | $141,000 | $148,000 | $155,000 | $163,000 | $1,339,000 |
Expense/ Investment
| Category | Y1 | Y2 | Y3 | Y4 | Y5 | Y6 | Y7 | Y8 | Y9 | Y10 | Total |
|---|---|---|---|---|---|---|---|---|---|---|---|
| deposit | $179,000 | - | - | - | - | - | - | - | - | - | $179,000 |
| remaining balance payment | $60,000 | - | - | - | - | - | - | - | - | - | $60,000 |
| closing cost | $80,000 | - | - | - | - | - | - | - | - | - | $80,000 |
| operating expense | $10,000 | $13,000 | $13,000 | $14,000 | $14,000 | $15,000 | $15,000 | $16,000 | $16,000 | $17,000 | $143,000 |
| mortgage payment | $44,000 | $58,000 | $58,000 | $58,000 | $58,000 | $58,000 | $58,000 | $58,000 | $58,000 | $58,000 | $566,000 |
| total expense investment | $371,000 | $71,000 | $71,000 | $72,000 | $72,000 | $73,000 | $73,000 | $74,000 | $74,000 | $75,000 | $1,027,000 |
Other
| Category | Y1 | Y2 | Y3 | Y4 | Y5 | Y6 | Y7 | Y8 | Y9 | Y10 | Total |
|---|---|---|---|---|---|---|---|---|---|---|---|
| net gain loss | -$251,799 | $40,000 | $45,000 | $50,000 | $56,000 | $62,000 | $68,000 | $74,000 | $81,000 | $88,000 | $312,000 |
| cumulative roi | $28 | $46 | $62 | $76 | $89 | $101 | $113 | $124 | $135 | $146 | $920 |
XO2 Condos
Address: Toronto W01, Ontario
Price Range: $606,000 - $1,643,000
Avail. suites: 53
0—3.5 bd
406—1575 SqFt