Suite number:
1010 (XX 483-B)
Project:
Address:
Toronto, Ontario
Developer:
Lifetime Developments
Property type:
condo
Floor plan:
Bathrooms:
1
Bedrooms:
1
Size:
483 sqft
Occupancy Date:
Jun 2025
Price, CAD
$764,900
Available
ROI
Want to own a unit? —
Investment Period: 5 years
Yearly Return on Investment in Year 5
16.51%
Cumulative Return on Investment in Year 5
80.10%
Property Price at the End of Year 5
$985,000
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 | $40,000 | $42,000 | $44,000 | $46,000 | $49,000 | $51,000 | $54,000 | $57,000 | $60,000 | $63,000 | $505,000 |
| rent income | $5,000 | $11,000 | $12,000 | $12,000 | $13,000 | $14,000 | $14,000 | $15,000 | $15,000 | $16,000 | $127,000 |
| mortgage principal reduction | $4,000 | $10,000 | $10,000 | $11,000 | $11,000 | $12,000 | $12,000 | $13,000 | $13,000 | $14,000 | $109,000 |
| deposit interest | $292 | - | - | - | - | - | - | - | - | - | $292 |
| gst hst rebate | $24,000 | - | - | - | - | - | - | - | - | - | $24,000 |
| total income return | $73,000 | $63,000 | $66,000 | $69,000 | $73,000 | $76,000 | $80,000 | $84,000 | $88,000 | $93,000 | $766,000 |
Expense/ Investment
| Category | Y1 | Y2 | Y3 | Y4 | Y5 | Y6 | Y7 | Y8 | Y9 | Y10 | Total |
|---|---|---|---|---|---|---|---|---|---|---|---|
| deposit | $10,000 | - | - | - | - | - | - | - | - | - | $10,000 |
| remaining balance payment | $143,000 | - | - | - | - | - | - | - | - | - | $143,000 |
| closing cost | $64,000 | - | - | - | - | - | - | - | - | - | $64,000 |
| operating expense | $3,000 | $7,000 | $7,000 | $7,000 | $8,000 | $8,000 | $8,000 | $8,000 | $8,000 | $9,000 | $74,000 |
| mortgage payment | $16,000 | $38,000 | $38,000 | $38,000 | $38,000 | $38,000 | $38,000 | $38,000 | $38,000 | $38,000 | $361,000 |
| total expense investment | $236,000 | $45,000 | $46,000 | $46,000 | $46,000 | $46,000 | $46,000 | $46,000 | $47,000 | $47,000 | $651,000 |
Other
| Category | Y1 | Y2 | Y3 | Y4 | Y5 | Y6 | Y7 | Y8 | Y9 | Y10 | Total |
|---|---|---|---|---|---|---|---|---|---|---|---|
| net gain loss | -$163,428 | $17,000 | $20,000 | $24,000 | $27,000 | $30,000 | $34,000 | $38,000 | $42,000 | $46,000 | $115,000 |
| cumulative roi | $30 | $46 | $59 | $70 | $80 | $89 | $98 | $107 | $115 | $123 | $815 |
XO2 Condos
Address: Toronto, Ontario
Price Range: $606,000 - $1,643,000
Avail. suites: 53
0—3.5 bd
406—1575 SqFt