Suite number:
102 (XXTH2)
Project:
Address:
Toronto W01, Ontario
Developer:
Lifetime Developments
Property type:
condo
Floor plan:
Bathrooms:
3
Bedrooms:
3
Size:
1135 sqft
Occupancy Date:
Feb 2025
Price, CAD
$1,351,900
Available
ROI
Want to own a unit? —
Investment Period: 5 years
Yearly Return on Investment in Year 5
18.97%
Cumulative Return on Investment in Year 5
90.13%
Property Price at the End of Year 5
$1,742,000
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 | $70,000 | $74,000 | $78,000 | $82,000 | $86,000 | $91,000 | $95,000 | $100,000 | $105,000 | $111,000 | $892,000 |
rent income | $36,000 | $41,000 | $43,000 | $45,000 | $47,000 | $49,000 | $51,000 | $53,000 | $55,000 | $58,000 | $478,000 |
mortgage principal reduction | $15,000 | $17,000 | $18,000 | $19,000 | $20,000 | $21,000 | $22,000 | $23,000 | $24,000 | $25,000 | $206,000 |
deposit interest | $578 | - | - | - | - | - | - | - | - | - | $578 |
gst hst rebate | $24,000 | - | - | - | - | - | - | - | - | - | $24,000 |
total income return | $146,000 | $133,000 | $139,000 | $146,000 | $153,000 | $160,000 | $168,000 | $176,000 | $185,000 | $194,000 | $1,601,000 |
Expense/ Investment
Category | Y1 | Y2 | Y3 | Y4 | Y5 | Y6 | Y7 | Y8 | Y9 | Y10 | Total |
---|---|---|---|---|---|---|---|---|---|---|---|
deposit | $135,000 | - | - | - | - | - | - | - | - | - | $135,000 |
remaining balance payment | $135,000 | - | - | - | - | - | - | - | - | - | $135,000 |
closing cost | $88,000 | - | - | - | - | - | - | - | - | - | $88,000 |
operating expense | $15,000 | $17,000 | $17,000 | $18,000 | $18,000 | $19,000 | $19,000 | $19,000 | $20,000 | $20,000 | $183,000 |
mortgage payment | $62,000 | $68,000 | $68,000 | $68,000 | $68,000 | $68,000 | $68,000 | $68,000 | $68,000 | $68,000 | $671,000 |
total expense investment | $435,000 | $85,000 | $85,000 | $85,000 | $86,000 | $86,000 | $87,000 | $87,000 | $88,000 | $88,000 | $1,212,000 |
Other
Category | Y1 | Y2 | Y3 | Y4 | Y5 | Y6 | Y7 | Y8 | Y9 | Y10 | Total |
---|---|---|---|---|---|---|---|---|---|---|---|
net gain loss | -$288,894 | $48,000 | $54,000 | $60,000 | $67,000 | $74,000 | $81,000 | $89,000 | $97,000 | $106,000 | $389,000 |
cumulative roi | $28 | $46 | $62 | $77 | $90 | $103 | $116 | $128 | $141 | $154 | $945 |
XO2 Condos
Address: Toronto W01, Ontario
Price Range: $606,000 - $1,643,000
Avail. suites: 53
0—3.5 bd
406—1575 SqFt