Suite number:
1205 (XX 828-T)
Project:
Address:
Toronto W01, Ontario
Developer:
Lifetime Developments
Property type:
condo
Floor plan:
Bathrooms:
2
Bedrooms:
2.5
Size:
828 sqft
Occupancy Date:
Feb 2025
Price, CAD
$1,352,900
Available
ROI
Want to own a unit? —
Investment Period: 5 years
Yearly Return on Investment in Year 5
17.92%
Cumulative Return on Investment in Year 5
84.63%
Property Price at the End of Year 5
$1,743,000
Deposit Schedule
$10,000 at Signing
Net Gain (Loss)
Get Expert Advice
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 | $106,000 | $111,000 | $893,000 |
| rent income | $22,000 | $30,000 | $31,000 | $32,000 | $34,000 | $35,000 | $37,000 | $38,000 | $40,000 | $42,000 | $341,000 |
| mortgage principal reduction | $12,000 | $17,000 | $18,000 | $19,000 | $20,000 | $21,000 | $22,000 | $23,000 | $24,000 | $25,000 | $202,000 |
| deposit interest | $119 | - | - | - | - | - | - | - | - | - | $119 |
| gst hst rebate | $24,000 | - | - | - | - | - | - | - | - | - | $24,000 |
| total income return | $128,000 | $121,000 | $127,000 | $133,000 | $140,000 | $147,000 | $154,000 | $162,000 | $170,000 | $178,000 | $1,461,000 |
Expense/ Investment
| Category | Y1 | Y2 | Y3 | Y4 | Y5 | Y6 | Y7 | Y8 | Y9 | Y10 | Total |
|---|---|---|---|---|---|---|---|---|---|---|---|
| deposit | $10,000 | - | - | - | - | - | - | - | - | - | $10,000 |
| remaining balance payment | $261,000 | - | - | - | - | - | - | - | - | - | $261,000 |
| closing cost | $88,000 | - | - | - | - | - | - | - | - | - | $88,000 |
| operating expense | $10,000 | $13,000 | $14,000 | $14,000 | $14,000 | $15,000 | $15,000 | $15,000 | $16,000 | $16,000 | $143,000 |
| mortgage payment | $51,000 | $68,000 | $68,000 | $68,000 | $68,000 | $68,000 | $68,000 | $68,000 | $68,000 | $68,000 | $661,000 |
| total expense investment | $419,000 | $81,000 | $81,000 | $82,000 | $82,000 | $82,000 | $83,000 | $83,000 | $84,000 | $84,000 | $1,161,000 |
Other
| Category | Y1 | Y2 | Y3 | Y4 | Y5 | Y6 | Y7 | Y8 | Y9 | Y10 | Total |
|---|---|---|---|---|---|---|---|---|---|---|---|
| net gain loss | -$290,453 | $40,000 | $46,000 | $52,000 | $58,000 | $64,000 | $71,000 | $79,000 | $86,000 | $94,000 | $299,000 |
| cumulative roi | $27 | $45 | $59 | $73 | $85 | $96 | $107 | $117 | $127 | $137 | $872 |
XO2 Condos
Address: Toronto W01, Ontario
Price Range: $606,000 - $1,643,000
Avail. suites: 53
0—3.5 bd
406—1575 SqFt