Suite number:
Q482
Project:
Address:
Toronto C01, Ontario
Developer:
Lifetime Developments
Property type:
condo
Floor plan:
Bathrooms:
1
Bedrooms:
1
Size:
482 sqft
Occupancy Date:
Jan 2029
Price, CAD
$871,900
Available
ROI
14,07%
Monthly Expenses
- condo fees— $333
- property taxes— $218
- property management— $58
- repairs and maintenance— $29
Total: $637
Want to own a unit? —
Investment Period: 5 years
Yearly Return on Investment in Year 5
34.58%
Cumulative Return on Investment in Year 5
116.74%
Property Price at the End of Year 5
$1,123,000
Deposit Schedule
$10,000 at Signing
Total up to 2.5% in 30 days
$21,798
2.5% in 90 days
$21,798
2.5% in 200 days
$21,798
2.5% in 200 days
$21,798
2.5% in 400 days
$21,798
Net Gain (Loss)
- Net Gain Loss
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Property Price Appreciation
- 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 | $45,000 | $48,000 | $50,000 | $53,000 | $56,000 | $58,000 | $61,000 | $65,000 | $68,000 | $72,000 | $575,000 |
| rent income | - | - | - | - | $10,000 | $12,000 | $12,000 | $13,000 | $13,000 | $14,000 | $74,000 |
| mortgage principal reduction | - | - | - | - | $10,000 | $11,000 | $12,000 | $12,000 | $13,000 | $14,000 | $72,000 |
| deposit interest | -$5,167 | $7,000 | $9,000 | $7,000 | $168 | - | - | - | - | - | $17,000 |
| gst hst rebate | - | - | - | - | $24,000 | - | - | - | - | - | $24,000 |
| total income return | $40,000 | $54,000 | $59,000 | $60,000 | $100,000 | $81,000 | $85,000 | $90,000 | $94,000 | $99,000 | $763,000 |
Expense/ Investment
| Category | Y1 | Y2 | Y3 | Y4 | Y5 | Y6 | Y7 | Y8 | Y9 | Y10 | Total |
|---|---|---|---|---|---|---|---|---|---|---|---|
| deposit | $87,000 | $22,000 | $22,000 | - | $44,000 | - | - | - | - | - | $174,000 |
| remaining balance payment | - | - | - | - | - | - | - | - | - | - | - |
| closing cost | - | - | - | - | $68,000 | - | - | - | - | - | $68,000 |
| operating expense | - | - | - | - | $7,000 | $8,000 | $8,000 | $8,000 | $8,000 | $9,000 | $48,000 |
| mortgage payment | - | - | - | - | $40,000 | $44,000 | $44,000 | $44,000 | $44,000 | $44,000 | $258,000 |
| total expense investment | $87,000 | $22,000 | $22,000 | - | $159,000 | $51,000 | $52,000 | $52,000 | $52,000 | $52,000 | $549,000 |
Other
| Category | Y1 | Y2 | Y3 | Y4 | Y5 | Y6 | Y7 | Y8 | Y9 | Y10 | Total |
|---|---|---|---|---|---|---|---|---|---|---|---|
| net gain loss | -$47,147 | $32,000 | $37,000 | $60,000 | -$59,080 | $30,000 | $34,000 | $38,000 | $42,000 | $47,000 | $214,000 |
| cumulative roi | $52 | $86 | $117 | $163 | $117 | $125 | $132 | $138 | $145 | $152 | $1,000 |
Q Tower
Address: Toronto C01, Ontario
Price Range: $643,000 - $1,596,000
Avail. suites: 30
0—3 bd
346—917 SqFt
Proforma Calculator
80% of Original Price
Options for changing mortgage terms
The rental rate per square foot.