Suite number:
1204 (XX 905-T)
Project:
Address:
Toronto W01, Ontario
Developer:
Lifetime Developments
Property type:
condo
Floor plan:
Bathrooms:
2
Bedrooms:
3.5
Size:
905 sqft
Occupancy Date:
Feb 2025
Price, CAD
$1,258,900
Available
ROI
Want to own a unit? —
Investment Period: 5 years
Yearly Return on Investment in Year 5
18.40%
Cumulative Return on Investment in Year 5
87.19%
Property Price at the End of Year 5
$1,622,000
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 | $65,000 | $69,000 | $72,000 | $76,000 | $80,000 | $84,000 | $89,000 | $93,000 | $98,000 | $103,000 | $831,000 |
| rent income | $24,000 | $33,000 | $34,000 | $35,000 | $37,000 | $39,000 | $40,000 | $42,000 | $44,000 | $46,000 | $373,000 |
| mortgage principal reduction | $12,000 | $16,000 | $17,000 | $18,000 | $19,000 | $19,000 | $20,000 | $21,000 | $22,000 | $24,000 | $188,000 |
| deposit interest | $119 | - | - | - | - | - | - | - | - | - | $119 |
| gst hst rebate | $24,000 | - | - | - | - | - | - | - | - | - | $24,000 |
| total income return | $125,000 | $118,000 | $123,000 | $129,000 | $136,000 | $142,000 | $149,000 | $157,000 | $164,000 | $173,000 | $1,416,000 |
Expense/ Investment
| Category | Y1 | Y2 | Y3 | Y4 | Y5 | Y6 | Y7 | Y8 | Y9 | Y10 | Total |
|---|---|---|---|---|---|---|---|---|---|---|---|
| deposit | $10,000 | - | - | - | - | - | - | - | - | - | $10,000 |
| remaining balance payment | $242,000 | - | - | - | - | - | - | - | - | - | $242,000 |
| closing cost | $84,000 | - | - | - | - | - | - | - | - | - | $84,000 |
| operating expense | $10,000 | $14,000 | $14,000 | $15,000 | $15,000 | $15,000 | $16,000 | $16,000 | $16,000 | $17,000 | $149,000 |
| mortgage payment | $47,000 | $63,000 | $63,000 | $63,000 | $63,000 | $63,000 | $63,000 | $63,000 | $63,000 | $63,000 | $615,000 |
| total expense investment | $393,000 | $77,000 | $77,000 | $78,000 | $78,000 | $78,000 | $79,000 | $79,000 | $80,000 | $80,000 | $1,099,000 |
Other
| Category | Y1 | Y2 | Y3 | Y4 | Y5 | Y6 | Y7 | Y8 | Y9 | Y10 | Total |
|---|---|---|---|---|---|---|---|---|---|---|---|
| net gain loss | -$268,511 | $41,000 | $46,000 | $52,000 | $58,000 | $64,000 | $71,000 | $78,000 | $85,000 | $93,000 | $317,000 |
| cumulative roi | $28 | $45 | $61 | $74 | $87 | $99 | $111 | $122 | $133 | $144 | $905 |
XO2 Condos
Address: Toronto W01, Ontario
Price Range: $606,000 - $1,643,000
Avail. suites: 53
0—3.5 bd
406—1575 SqFt