Suite number:
Q361
Project:
Address:
Toronto, Ontario
Developer:
Lifetime Developments
Property type:
condo
Floor plan:
Bathrooms:
1
Bedrooms:
0
Size:
361 sqft
Occupancy Date:
Jan 2029
Price, CAD
$645,900
Available
ROI
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Investment Period: 5 years
Yearly Return on Investment in Year 5
22.43%
Cumulative Return on Investment in Year 5
105.82%
Property Price at the End of Year 5
$832,000
Deposit Schedule
$10,000 at Signing
Total up to 5% in 30 days
$32,295
2.5% in 200 days
$16,148
2.5% in 365 days
$16,148
10% on Occupancy
$64,590
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 | $33,000 | $35,000 | $37,000 | $39,000 | $41,000 | $43,000 | $46,000 | $48,000 | $50,000 | $53,000 | $426,000 |
| rent income | - | - | - | $3,000 | $6,000 | $7,000 | $7,000 | $7,000 | $8,000 | $8,000 | $46,000 |
| mortgage principal reduction | - | - | - | $3,000 | $8,000 | $9,000 | $9,000 | $9,000 | $10,000 | $10,000 | $58,000 |
| deposit interest | $2,000 | $4,000 | $3,000 | $2,000 | - | - | - | - | - | - | $11,000 |
| gst hst rebate | - | - | - | $24,000 | - | - | - | - | - | - | $24,000 |
| total income return | $35,000 | $39,000 | $41,000 | $71,000 | $56,000 | $58,000 | $61,000 | $65,000 | $68,000 | $71,000 | $565,000 |
Expense/ Investment
| Category | Y1 | Y2 | Y3 | Y4 | Y5 | Y6 | Y7 | Y8 | Y9 | Y10 | Total |
|---|---|---|---|---|---|---|---|---|---|---|---|
| deposit | $48,000 | $16,000 | - | $65,000 | - | - | - | - | - | - | $129,000 |
| remaining balance payment | - | - | - | - | - | - | - | - | - | - | - |
| closing cost | - | - | - | $59,000 | - | - | - | - | - | - | $59,000 |
| operating expense | - | - | - | $2,000 | $6,000 | $6,000 | $6,000 | $6,000 | $6,000 | $6,000 | $38,000 |
| mortgage payment | - | - | - | $13,000 | $32,000 | $32,000 | $32,000 | $32,000 | $32,000 | $32,000 | $208,000 |
| total expense investment | $48,000 | $16,000 | - | $140,000 | $38,000 | $38,000 | $38,000 | $38,000 | $38,000 | $39,000 | $434,000 |
Other
| Category | Y1 | Y2 | Y3 | Y4 | Y5 | Y6 | Y7 | Y8 | Y9 | Y10 | Total |
|---|---|---|---|---|---|---|---|---|---|---|---|
| net gain loss | -$12,992 | $23,000 | $41,000 | -$68,887 | $18,000 | $20,000 | $23,000 | $26,000 | $29,000 | $33,000 | $131,000 |
| cumulative roi | $73 | $115 | $178 | $97 | $106 | $113 | $120 | $126 | $133 | $139 | $1,000 |
Q Tower
Address: Toronto, Ontario
Price Range: $646,000 - $1,596,000
Avail. suites: 27
0—3 bd
346—917 SqFt