Suite number:
1409 (XX 494)
Project:
Address:
Toronto, Ontario
Developer:
Lifetime Developments
Property type:
condo
Floor plan:
Bathrooms:
1
Bedrooms:
1
Size:
494 sqft
Occupancy Date:
Jun 2025
Price, CAD
$781,900
Available
ROI
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Investment Period: 5 years
Yearly Return on Investment in Year 5
16.55%
Cumulative Return on Investment in Year 5
80.12%
Property Price at the End of Year 5
$1,007,000
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 | $41,000 | $43,000 | $45,000 | $47,000 | $50,000 | $52,000 | $55,000 | $58,000 | $61,000 | $64,000 | $516,000 |
| rent income | $5,000 | $12,000 | $12,000 | $13,000 | $13,000 | $14,000 | $14,000 | $15,000 | $16,000 | $16,000 | $130,000 |
| mortgage principal reduction | $4,000 | $10,000 | $10,000 | $11,000 | $11,000 | $12,000 | $12,000 | $13,000 | $14,000 | $14,000 | $112,000 |
| deposit interest | $292 | - | - | - | - | - | - | - | - | - | $292 |
| gst hst rebate | $24,000 | - | - | - | - | - | - | - | - | - | $24,000 |
| total income return | $74,000 | $64,000 | $68,000 | $71,000 | $74,000 | $78,000 | $82,000 | $86,000 | $90,000 | $95,000 | $782,000 |
Expense/ Investment
| Category | Y1 | Y2 | Y3 | Y4 | Y5 | Y6 | Y7 | Y8 | Y9 | Y10 | Total |
|---|---|---|---|---|---|---|---|---|---|---|---|
| deposit | $10,000 | - | - | - | - | - | - | - | - | - | $10,000 |
| remaining balance payment | $146,000 | - | - | - | - | - | - | - | - | - | $146,000 |
| closing cost | $65,000 | - | - | - | - | - | - | - | - | - | $65,000 |
| operating expense | $3,000 | $7,000 | $7,000 | $8,000 | $8,000 | $8,000 | $8,000 | $8,000 | $9,000 | $9,000 | $75,000 |
| mortgage payment | $16,000 | $39,000 | $39,000 | $39,000 | $39,000 | $39,000 | $39,000 | $39,000 | $39,000 | $39,000 | $369,000 |
| total expense investment | $240,000 | $46,000 | $47,000 | $47,000 | $47,000 | $47,000 | $47,000 | $48,000 | $48,000 | $48,000 | $665,000 |
Other
| Category | Y1 | Y2 | Y3 | Y4 | Y5 | Y6 | Y7 | Y8 | Y9 | Y10 | Total |
|---|---|---|---|---|---|---|---|---|---|---|---|
| net gain loss | -$166,855 | $18,000 | $21,000 | $24,000 | $27,000 | $31,000 | $35,000 | $39,000 | $43,000 | $47,000 | $117,000 |
| cumulative roi | $30 | $45 | $59 | $70 | $80 | $89 | $98 | $107 | $115 | $123 | $815 |
XO2 Condos
Address: Toronto, Ontario
Price Range: $506,000 - $1,379,000
Avail. suites: 46
0—3.5 bd
406—1575 SqFt