Suite number:
1403 (XX948)
Project:
Address:
Toronto W01, Ontario
Developer:
Lifetime Developments
Property type:
condo
Floor plan:
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
18.64%
Cumulative Return on Investment in Year 5
89.25%
Property Price at the End of Year 5
$1,501,000
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 | $60,000 | $64,000 | $67,000 | $71,000 | $74,000 | $78,000 | $82,000 | $86,000 | $91,000 | $96,000 | $769,000 |
| rent income | $30,000 | $34,000 | $36,000 | $37,000 | $39,000 | $41,000 | $42,000 | $44,000 | $46,000 | $48,000 | $399,000 |
| mortgage principal reduction | $13,000 | $15,000 | $16,000 | $17,000 | $17,000 | $18,000 | $19,000 | $20,000 | $21,000 | $22,000 | $178,000 |
| deposit interest | $498 | - | - | - | - | - | - | - | - | - | $498 |
| gst hst rebate | $24,000 | - | - | - | - | - | - | - | - | - | $24,000 |
| total income return | $128,000 | $113,000 | $119,000 | $124,000 | $131,000 | $137,000 | $144,000 | $151,000 | $158,000 | $166,000 | $1,370,000 |
Expense/ Investment
| Category | Y1 | Y2 | Y3 | Y4 | Y5 | Y6 | Y7 | Y8 | Y9 | Y10 | Total |
|---|---|---|---|---|---|---|---|---|---|---|---|
| deposit | $116,000 | - | - | - | - | - | - | - | - | - | $116,000 |
| remaining balance payment | $116,000 | - | - | - | - | - | - | - | - | - | $116,000 |
| closing cost | $80,000 | - | - | - | - | - | - | - | - | - | $80,000 |
| operating expense | $13,000 | $14,000 | $15,000 | $15,000 | $15,000 | $16,000 | $16,000 | $16,000 | $17,000 | $17,000 | $154,000 |
| mortgage payment | $53,000 | $58,000 | $58,000 | $58,000 | $58,000 | $58,000 | $58,000 | $58,000 | $58,000 | $58,000 | $578,000 |
| total expense investment | $379,000 | $73,000 | $73,000 | $73,000 | $74,000 | $74,000 | $74,000 | $75,000 | $75,000 | $76,000 | $1,045,000 |
Other
| Category | Y1 | Y2 | Y3 | Y4 | Y5 | Y6 | Y7 | Y8 | Y9 | Y10 | Total |
|---|---|---|---|---|---|---|---|---|---|---|---|
| net gain loss | -$250,897 | $41,000 | $46,000 | $51,000 | $57,000 | $63,000 | $69,000 | $76,000 | $83,000 | $90,000 | $325,000 |
| cumulative roi | $28 | $46 | $62 | $76 | $89 | $102 | $114 | $126 | $139 | $151 | $934 |
XO2 Condos
Address: Toronto W01, Ontario
Price Range: $606,000 - $1,643,000
Avail. suites: 53
0—3.5 bd
406—1575 SqFt