Suite number:
102 (XXTH2)
Project:
Address:
Toronto W01, Ontario
Developer:
Lifetime Developments
Property type:
condo
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
19.65%
Cumulative Return on Investment in Year 5
92.87%
Property Price at the End of Year 5
$1,742,000
Deposit Schedule
$10,000 at Signing
Total up to 5% in 30 days
$67,595
10% on Occupancy
$135,190
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 | $30,000 | $41,000 | $43,000 | $45,000 | $47,000 | $49,000 | $51,000 | $53,000 | $55,000 | $58,000 | $470,000 |
| mortgage principal reduction | $13,000 | $18,000 | $19,000 | $20,000 | $21,000 | $22,000 | $23,000 | $24,000 | $25,000 | $26,000 | $209,000 |
| deposit interest | $417 | - | - | - | - | - | - | - | - | - | $417 |
| gst hst rebate | $24,000 | - | - | - | - | - | - | - | - | - | $24,000 |
| total income return | $137,000 | $133,000 | $140,000 | $146,000 | $153,000 | $161,000 | $169,000 | $177,000 | $185,000 | $194,000 | $1,596,000 |
Expense/ Investment
| Category | Y1 | Y2 | Y3 | Y4 | Y5 | Y6 | Y7 | Y8 | Y9 | Y10 | Total |
|---|---|---|---|---|---|---|---|---|---|---|---|
| deposit | $203,000 | - | - | - | - | - | - | - | - | - | $203,000 |
| remaining balance payment | $68,000 | - | - | - | - | - | - | - | - | - | $68,000 |
| closing cost | $86,000 | - | - | - | - | - | - | - | - | - | $86,000 |
| operating expense | $12,000 | $17,000 | $18,000 | $18,000 | $19,000 | $19,000 | $20,000 | $21,000 | $21,000 | $22,000 | $186,000 |
| mortgage payment | $49,000 | $66,000 | $66,000 | $66,000 | $66,000 | $66,000 | $66,000 | $66,000 | $66,000 | $66,000 | $641,000 |
| total expense investment | $418,000 | $83,000 | $83,000 | $84,000 | $84,000 | $85,000 | $86,000 | $86,000 | $87,000 | $88,000 | $1,184,000 |
Other
| Category | Y1 | Y2 | Y3 | Y4 | Y5 | Y6 | Y7 | Y8 | Y9 | Y10 | Total |
|---|---|---|---|---|---|---|---|---|---|---|---|
| net gain loss | -$280,758 | $50,000 | $56,000 | $62,000 | $69,000 | $76,000 | $83,000 | $91,000 | $98,000 | $107,000 | $412,000 |
| cumulative roi | $28 | $47 | $64 | $79 | $93 | $106 | $120 | $133 | $145 | $159 | $972 |
XO2 Condos
Address: Toronto W01, Ontario
Price Range: $606,000 - $1,643,000
Avail. suites: 53
0—3.5 bd
406—1575 SqFt