Suite number:
213 - O-670-B
Project:
Address:
Toronto C02, Ontario
Developer:
Lifetime Developments
Property type:
condo
Floor plan:
Bathrooms:
2
Bedrooms:
2
Size:
670 sqft
Occupancy Date:
May 2024
Price, CAD
$954,990
Available
ROI
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Investment Period: 5 years
Yearly Return on Investment in Year 5
31.53%
Cumulative Return on Investment in Year 5
145.39%
Property Price at the End of Year 5
$1,230,000
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 | $50,000 | $52,000 | $55,000 | $58,000 | $61,000 | $64,000 | $67,000 | $71,000 | $74,000 | $78,000 | $630,000 |
| rent income | - | - | - | - | - | - | - | - | - | - | - |
| mortgage principal reduction | $18,000 | $13,000 | $13,000 | $14,000 | $15,000 | $15,000 | $16,000 | $17,000 | $18,000 | $18,000 | $157,000 |
| deposit interest | - | - | - | - | - | - | - | - | - | - | - |
| gst hst rebate | - | - | - | - | - | - | - | - | - | - | - |
| total income return | $67,000 | $65,000 | $68,000 | $72,000 | $75,000 | $79,000 | $83,000 | $88,000 | $92,000 | $97,000 | $787,000 |
Expense/ Investment
| Category | Y1 | Y2 | Y3 | Y4 | Y5 | Y6 | Y7 | Y8 | Y9 | Y10 | Total |
|---|---|---|---|---|---|---|---|---|---|---|---|
| deposit | - | - | - | - | - | - | - | - | - | - | - |
| remaining balance payment | - | - | - | - | - | - | - | - | - | - | - |
| closing cost | - | - | - | - | - | - | - | - | - | - | - |
| operating expense | - | - | - | - | - | - | - | - | - | - | - |
| mortgage payment | $48,000 | $48,000 | $48,000 | $48,000 | $48,000 | $48,000 | $48,000 | $48,000 | $48,000 | $48,000 | $478,000 |
| total expense investment | $48,000 | $48,000 | $48,000 | $48,000 | $48,000 | $48,000 | $48,000 | $48,000 | $48,000 | $48,000 | $478,000 |
Other
| Category | Y1 | Y2 | Y3 | Y4 | Y5 | Y6 | Y7 | Y8 | Y9 | Y10 | Total |
|---|---|---|---|---|---|---|---|---|---|---|---|
| net gain loss | $20,000 | $17,000 | $20,000 | $24,000 | $28,000 | $31,000 | $36,000 | $40,000 | $44,000 | $49,000 | $309,000 |
| cumulative roi | $141 | $138 | $140 | $142 | $145 | $149 | $152 | $156 | $160 | $165 | $1,000 |
Oscar Residences
Address: Toronto C02, Ontario
Price Range: $570,000 - $1,240,000
Avail. suites: 17
0—3.5 bd
340—1170990 SqFt