Suite number:
1204 (XX905-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
$1,151,900
Available
ROI
Want to own a unit? —
Investment Period: 5 years
Yearly Return on Investment in Year 5
18.47%
Cumulative Return on Investment in Year 5
88.48%
Property Price at the End of Year 5
$1,484,000
Deposit Schedule
$10 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 | $60,000 | $63,000 | $66,000 | $70,000 | $73,000 | $77,000 | $81,000 | $85,000 | $90,000 | $95,000 | $760,000 |
rent income | $29,000 | $33,000 | $34,000 | $36,000 | $37,000 | $39,000 | $41,000 | $42,000 | $44,000 | $46,000 | $381,000 |
mortgage principal reduction | $13,000 | $15,000 | $16,000 | $16,000 | $17,000 | $18,000 | $19,000 | $20,000 | $21,000 | $22,000 | $176,000 |
deposit interest | $492 | - | - | - | - | - | - | - | - | - | $492 |
gst hst rebate | $24,000 | - | - | - | - | - | - | - | - | - | $24,000 |
total income return | $126,000 | $111,000 | $116,000 | $122,000 | $128,000 | $134,000 | $141,000 | $147,000 | $155,000 | $162,000 | $1,341,000 |
Expense/ Investment
Category | Y1 | Y2 | Y3 | Y4 | Y5 | Y6 | Y7 | Y8 | Y9 | Y10 | Total |
---|---|---|---|---|---|---|---|---|---|---|---|
deposit | $115,000 | - | - | - | - | - | - | - | - | - | $115,000 |
remaining balance payment | $115,000 | - | - | - | - | - | - | - | - | - | $115,000 |
closing cost | $80,000 | - | - | - | - | - | - | - | - | - | $80,000 |
operating expense | $12,000 | $14,000 | $14,000 | $14,000 | $15,000 | $15,000 | $15,000 | $16,000 | $16,000 | $17,000 | $148,000 |
mortgage payment | $53,000 | $58,000 | $58,000 | $58,000 | $58,000 | $58,000 | $58,000 | $58,000 | $58,000 | $58,000 | $572,000 |
total expense investment | $375,000 | $71,000 | $72,000 | $72,000 | $72,000 | $73,000 | $73,000 | $73,000 | $74,000 | $74,000 | $1,030,000 |
Other
Category | Y1 | Y2 | Y3 | Y4 | Y5 | Y6 | Y7 | Y8 | Y9 | Y10 | Total |
---|---|---|---|---|---|---|---|---|---|---|---|
net gain loss | -$248,912 | $39,000 | $44,000 | $50,000 | $55,000 | $61,000 | $67,000 | $74,000 | $81,000 | $88,000 | $311,000 |
cumulative roi | $28 | $46 | $61 | $75 | $88 | $101 | $113 | $125 | $137 | $149 | $924 |
XO2 Condos
Address: Toronto W01, Ontario
Price Range: $606,000 - $1,643,000
Avail. suites: 53
0—3.5 bd
406—1575 SqFt