Suite number:
Q522
Project:
Address:
Toronto, Ontario
Developer:
Lifetime Developments
Property type:
condo
Floor plan:
Bathrooms:
1
Bedrooms:
1
Size:
522 sqft
Occupancy Date:
Jan 2029
Price, CAD
$890,900
Available
ROI
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Investment Period: 5 years
Yearly Return on Investment in Year 5
22.09%
Cumulative Return on Investment in Year 5
99.48%
Property Price at the End of Year 5
$1,148,000
Deposit Schedule
$10,000 at Signing
Total up to 5% in 30 days
$44,545
2.5% in 200 days
$22,273
2.5% in 365 days
$22,273
10% on Occupancy
$89,090
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 | $47,000 | $49,000 | $51,000 | $54,000 | $57,000 | $60,000 | $63,000 | $66,000 | $70,000 | $73,000 | $589,000 |
| rent income | - | - | - | $9,000 | $13,000 | $13,000 | $14,000 | $14,000 | $15,000 | $15,000 | $93,000 |
| mortgage principal reduction | - | - | - | $8,000 | $11,000 | $12,000 | $13,000 | $13,000 | $14,000 | $14,000 | $85,000 |
| deposit interest | -$3,991 | $5,000 | $5,000 | $785 | - | - | - | - | - | - | $6,000 |
| gst hst rebate | - | - | - | $24,000 | - | - | - | - | - | - | $24,000 |
| total income return | $43,000 | $53,000 | $56,000 | $96,000 | $81,000 | $85,000 | $89,000 | $93,000 | $98,000 | $103,000 | $797,000 |
Expense/ Investment
| Category | Y1 | Y2 | Y3 | Y4 | Y5 | Y6 | Y7 | Y8 | Y9 | Y10 | Total |
|---|---|---|---|---|---|---|---|---|---|---|---|
| deposit | $89,000 | - | - | $89,000 | - | - | - | - | - | - | $178,000 |
| remaining balance payment | - | - | - | - | - | - | - | - | - | - | - |
| closing cost | - | - | - | $69,000 | - | - | - | - | - | - | $69,000 |
| operating expense | - | - | - | $6,000 | $8,000 | $8,000 | $9,000 | $9,000 | $9,000 | $9,000 | $58,000 |
| mortgage payment | - | - | - | $33,000 | $45,000 | $45,000 | $45,000 | $45,000 | $45,000 | $45,000 | $301,000 |
| total expense investment | $89,000 | - | - | $198,000 | $53,000 | $53,000 | $53,000 | $53,000 | $54,000 | $54,000 | $607,000 |
Other
| Category | Y1 | Y2 | Y3 | Y4 | Y5 | Y6 | Y7 | Y8 | Y9 | Y10 | Total |
|---|---|---|---|---|---|---|---|---|---|---|---|
| net gain loss | -$46,490 | $53,000 | $56,000 | -$101,679 | $28,000 | $32,000 | $36,000 | $40,000 | $45,000 | $49,000 | $190,000 |
| cumulative roi | $52 | $108 | $171 | $89 | $99 | $109 | $117 | $125 | $132 | $140 | $1,000 |
Q Tower
Address: Toronto, Ontario
Price Range: $646,000 - $1,596,000
Avail. suites: 28
0—3 bd
346—917 SqFt