Suite number:
504 -O-896
Project:
Address:
Toronto C02, Ontario
Developer:
Lifetime Developments
Property type:
condo
Bathrooms:
2
Bedrooms:
3.5
Size:
896 sqft
Occupancy Date:
May 2024
Price, CAD
$1,209,990
Available
ROI
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Investment Period: 5 years
Yearly Return on Investment in Year 5
32.68%
Cumulative Return on Investment in Year 5
150.91%
Property Price at the End of Year 5
$1,559,000
Deposit Schedule
$10,000 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 | $63,000 | $66,000 | $70,000 | $73,000 | $77,000 | $81,000 | $85,000 | $90,000 | $94,000 | $99,000 | $799,000 |
| rent income | - | - | - | - | - | - | - | - | - | - | - |
| mortgage principal reduction | $24,000 | $17,000 | $17,000 | $18,000 | $19,000 | $20,000 | $21,000 | $22,000 | $23,000 | $24,000 | $205,000 |
| deposit interest | - | - | - | - | - | - | - | - | - | - | - |
| gst hst rebate | - | - | - | - | - | - | - | - | - | - | - |
| total income return | $86,000 | $83,000 | $87,000 | $92,000 | $96,000 | $101,000 | $106,000 | $112,000 | $117,000 | $123,000 | $1,003,000 |
Expense/ Investment
| Category | Y1 | Y2 | Y3 | Y4 | Y5 | Y6 | Y7 | Y8 | Y9 | Y10 | Total |
|---|---|---|---|---|---|---|---|---|---|---|---|
| deposit | - | - | - | - | - | - | - | - | - | - | - |
| remaining balance payment | - | - | - | - | - | - | - | - | - | - | - |
| closing cost | - | - | - | - | - | - | - | - | - | - | - |
| operating expense | - | - | - | - | - | - | - | - | - | - | - |
| mortgage payment | $59,000 | $59,000 | $59,000 | $59,000 | $59,000 | $59,000 | $59,000 | $59,000 | $59,000 | $59,000 | $589,000 |
| total expense investment | $59,000 | $59,000 | $59,000 | $59,000 | $59,000 | $59,000 | $59,000 | $59,000 | $59,000 | $59,000 | $589,000 |
Other
| Category | Y1 | Y2 | Y3 | Y4 | Y5 | Y6 | Y7 | Y8 | Y9 | Y10 | Total |
|---|---|---|---|---|---|---|---|---|---|---|---|
| net gain loss | $28,000 | $24,000 | $28,000 | $33,000 | $37,000 | $42,000 | $47,000 | $53,000 | $58,000 | $64,000 | $415,000 |
| cumulative roi | $147 | $144 | $145 | $148 | $151 | $154 | $158 | $162 | $166 | $170 | $2,000 |
Oscar Residences
Address: Toronto C02, Ontario
Price Range: $570,000 - $1,240,000
Avail. suites: 17
0—3.5 bd
340—1170990 SqFt