Suite number:
101 (XXTH1)
Project:
Address:
Toronto W01, Ontario
Developer:
Lifetime Developments
Property type:
condo
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
19.87%
Cumulative Return on Investment in Year 5
93.12%
Property Price at the End of Year 5
$2,117,000
Deposit Schedule
$10,000 at Signing
Total up to 5% in 30 days
$82,145
10% on Occupancy
$164,290
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 | $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 | $36,000 | $50,000 | $52,000 | $55,000 | $57,000 | $59,000 | $62,000 | $65,000 | $67,000 | $70,000 | $573,000 |
| mortgage principal reduction | $16,000 | $22,000 | $23,000 | $24,000 | $25,000 | $26,000 | $27,000 | $29,000 | $30,000 | $31,000 | $254,000 |
| deposit interest | $498 | - | - | - | - | - | - | - | - | - | $498 |
| gst hst rebate | $24,000 | - | - | - | - | - | - | - | - | - | $24,000 |
| total income return | $162,000 | $162,000 | $170,000 | $178,000 | $187,000 | $196,000 | $205,000 | $215,000 | $225,000 | $236,000 | $1,936,000 |
Expense/ Investment
| Category | Y1 | Y2 | Y3 | Y4 | Y5 | Y6 | Y7 | Y8 | Y9 | Y10 | Total |
|---|---|---|---|---|---|---|---|---|---|---|---|
| deposit | $246,000 | - | - | - | - | - | - | - | - | - | $246,000 |
| remaining balance payment | $82,000 | - | - | - | - | - | - | - | - | - | $82,000 |
| closing cost | $98,000 | - | - | - | - | - | - | - | - | - | $98,000 |
| operating expense | $15,000 | $21,000 | $21,000 | $22,000 | $23,000 | $23,000 | $24,000 | $25,000 | $26,000 | $27,000 | $227,000 |
| mortgage payment | $60,000 | $80,000 | $80,000 | $80,000 | $80,000 | $80,000 | $80,000 | $80,000 | $80,000 | $80,000 | $779,000 |
| total expense investment | $501,000 | $101,000 | $101,000 | $102,000 | $103,000 | $103,000 | $104,000 | $105,000 | $106,000 | $107,000 | $1,432,000 |
Other
| Category | Y1 | Y2 | Y3 | Y4 | Y5 | Y6 | Y7 | Y8 | Y9 | Y10 | Total |
|---|---|---|---|---|---|---|---|---|---|---|---|
| net gain loss | -$339,423 | $61,000 | $68,000 | $76,000 | $84,000 | $92,000 | $101,000 | $110,000 | $120,000 | $130,000 | $503,000 |
| cumulative roi | $27 | $46 | $63 | $79 | $93 | $107 | $120 | $133 | $146 | $159 | $975 |
XO2 Condos
Address: Toronto W01, Ontario
Price Range: $606,000 - $1,643,000
Avail. suites: 53
0—3.5 bd
406—1575 SqFt