Suite number:
1403 (XX948)
Project:
Address:
Toronto W01, Ontario
Developer:
Lifetime Developments
Property type:
condo
Bathrooms:
2
Bedrooms:
3
Size:
948 sqft
Occupancy Date:
Feb 2025
Price, CAD
$1,164,900
Available
ROI
Want to own a unit? —
Investment Period: 5 years
Yearly Return on Investment in Year 5
19.32%
Cumulative Return on Investment in Year 5
92.11%
Property Price at the End of Year 5
$1,501,000
Deposit Schedule
$10,000 at Signing
Total up to 5% in 30 days
$58,245
10% on Occupancy
$116,490
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 | $61,000 | $64,000 | $67,000 | $71,000 | $74,000 | $78,000 | $82,000 | $86,000 | $91,000 | $96,000 | $770,000 |
| rent income | $25,000 | $34,000 | $36,000 | $37,000 | $39,000 | $41,000 | $42,000 | $44,000 | $46,000 | $48,000 | $393,000 |
| mortgage principal reduction | $11,000 | $16,000 | $16,000 | $17,000 | $18,000 | $19,000 | $19,000 | $20,000 | $21,000 | $22,000 | $180,000 |
| deposit interest | $332 | - | - | - | - | - | - | - | - | - | $332 |
| gst hst rebate | $24,000 | - | - | - | - | - | - | - | - | - | $24,000 |
| total income return | $121,000 | $114,000 | $119,000 | $125,000 | $131,000 | $137,000 | $144,000 | $151,000 | $158,000 | $166,000 | $1,367,000 |
Expense/ Investment
| Category | Y1 | Y2 | Y3 | Y4 | Y5 | Y6 | Y7 | Y8 | Y9 | Y10 | Total |
|---|---|---|---|---|---|---|---|---|---|---|---|
| deposit | $175,000 | - | - | - | - | - | - | - | - | - | $175,000 |
| remaining balance payment | $58,000 | - | - | - | - | - | - | - | - | - | $58,000 |
| closing cost | $79,000 | - | - | - | - | - | - | - | - | - | $79,000 |
| operating expense | $10,000 | $14,000 | $15,000 | $15,000 | $16,000 | $16,000 | $17,000 | $17,000 | $18,000 | $18,000 | $157,000 |
| mortgage payment | $42,000 | $57,000 | $57,000 | $57,000 | $57,000 | $57,000 | $57,000 | $57,000 | $57,000 | $57,000 | $552,000 |
| total expense investment | $364,000 | $71,000 | $71,000 | $72,000 | $72,000 | $73,000 | $73,000 | $74,000 | $74,000 | $75,000 | $1,021,000 |
Other
| Category | Y1 | Y2 | Y3 | Y4 | Y5 | Y6 | Y7 | Y8 | Y9 | Y10 | Total |
|---|---|---|---|---|---|---|---|---|---|---|---|
| net gain loss | -$243,073 | $43,000 | $48,000 | $53,000 | $59,000 | $64,000 | $71,000 | $77,000 | $84,000 | $91,000 | $346,000 |
| cumulative roi | $29 | $47 | $63 | $78 | $92 | $105 | $118 | $131 | $143 | $156 | $963 |
XO2 Condos
Address: Toronto W01, Ontario
Price Range: $606,000 - $1,643,000
Avail. suites: 53
0—3.5 bd
406—1575 SqFt