Suite number:
101 (XXTH1)
Project:
Address:
Toronto W01, Ontario
Developer:
Lifetime Developments
Property type:
condo
Floor plan:
Bathrooms:
3
Bedrooms:
3
Size:
1383 sqft
Occupancy Date:
Feb 2025
Price, CAD
$1,642,900
Available
ROI
Want to own a unit? —
Investment Period: 5 years
Yearly Return on Investment in Year 5
19.18%
Cumulative Return on Investment in Year 5
90.39%
Property Price at the End of Year 5
$2,117,000
Deposit Schedule
$10 at Signing
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 | $85,000 | $90,000 | $95,000 | $99,000 | $105,000 | $110,000 | $116,000 | $122,000 | $128,000 | $135,000 | $1,084,000 |
rent income | $44,000 | $50,000 | $52,000 | $55,000 | $57,000 | $59,000 | $62,000 | $65,000 | $67,000 | $70,000 | $582,000 |
mortgage principal reduction | $19,000 | $21,000 | $22,000 | $23,000 | $24,000 | $26,000 | $27,000 | $28,000 | $30,000 | $31,000 | $251,000 |
deposit interest | $702 | - | - | - | - | - | - | - | - | - | $702 |
gst hst rebate | $24,000 | - | - | - | - | - | - | - | - | - | $24,000 |
total income return | $173,000 | $161,000 | $169,000 | $177,000 | $186,000 | $195,000 | $205,000 | $215,000 | $225,000 | $236,000 | $1,942,000 |
Expense/ Investment
Category | Y1 | Y2 | Y3 | Y4 | Y5 | Y6 | Y7 | Y8 | Y9 | Y10 | Total |
---|---|---|---|---|---|---|---|---|---|---|---|
deposit | $164,000 | - | - | - | - | - | - | - | - | - | $164,000 |
remaining balance payment | $164,000 | - | - | - | - | - | - | - | - | - | $164,000 |
closing cost | $99,000 | - | - | - | - | - | - | - | - | - | $99,000 |
operating expense | $19,000 | $21,000 | $21,000 | $22,000 | $22,000 | $23,000 | $23,000 | $24,000 | $24,000 | $25,000 | $223,000 |
mortgage payment | $75,000 | $82,000 | $82,000 | $82,000 | $82,000 | $82,000 | $82,000 | $82,000 | $82,000 | $82,000 | $816,000 |
total expense investment | $522,000 | $103,000 | $103,000 | $104,000 | $104,000 | $105,000 | $105,000 | $106,000 | $107,000 | $107,000 | $1,466,000 |
Other
Category | Y1 | Y2 | Y3 | Y4 | Y5 | Y6 | Y7 | Y8 | Y9 | Y10 | Total |
---|---|---|---|---|---|---|---|---|---|---|---|
net gain loss | -$348,964 | $58,000 | $66,000 | $73,000 | $82,000 | $90,000 | $99,000 | $109,000 | $118,000 | $129,000 | $475,000 |
cumulative roi | $27 | $46 | $62 | $77 | $90 | $104 | $116 | $129 | $142 | $155 | $947 |
XO2 Condos
Address: Toronto W01, Ontario
Price Range: $606,000 - $1,643,000
Avail. suites: 53
0—3.5 bd
406—1575 SqFt