Suite number:
1204 (XX905-T)
Project:
Address:
Toronto W01, Ontario
Developer:
Lifetime Developments
Property type:
condo
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
19.14%
Cumulative Return on Investment in Year 5
91.20%
Property Price at the End of Year 5
$1,484,000
Deposit Schedule
$10,000 at Signing
Total up to 5% in 30 days
$57,595
10% on Occupancy
$115,190
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 | $24,000 | $33,000 | $34,000 | $36,000 | $37,000 | $39,000 | $40,000 | $42,000 | $44,000 | $46,000 | $375,000 |
| mortgage principal reduction | $11,000 | $15,000 | $16,000 | $17,000 | $18,000 | $18,000 | $19,000 | $20,000 | $21,000 | $22,000 | $178,000 |
| deposit interest | $362 | - | - | - | - | - | - | - | - | - | $362 |
| gst hst rebate | $24,000 | - | - | - | - | - | - | - | - | - | $24,000 |
| total income return | $119,000 | $111,000 | $117,000 | $122,000 | $128,000 | $134,000 | $141,000 | $148,000 | $155,000 | $162,000 | $1,338,000 |
Expense/ Investment
| Category | Y1 | Y2 | Y3 | Y4 | Y5 | Y6 | Y7 | Y8 | Y9 | Y10 | Total |
|---|---|---|---|---|---|---|---|---|---|---|---|
| deposit | $173,000 | - | - | - | - | - | - | - | - | - | $173,000 |
| remaining balance payment | $58,000 | - | - | - | - | - | - | - | - | - | $58,000 |
| closing cost | $78,000 | - | - | - | - | - | - | - | - | - | $78,000 |
| operating expense | $10,000 | $14,000 | $14,000 | $15,000 | $15,000 | $16,000 | $16,000 | $17,000 | $17,000 | $18,000 | $151,000 |
| mortgage payment | $42,000 | $56,000 | $56,000 | $56,000 | $56,000 | $56,000 | $56,000 | $56,000 | $56,000 | $56,000 | $546,000 |
| total expense investment | $361,000 | $70,000 | $70,000 | $71,000 | $71,000 | $72,000 | $72,000 | $73,000 | $73,000 | $74,000 | $1,006,000 |
Other
| Category | Y1 | Y2 | Y3 | Y4 | Y5 | Y6 | Y7 | Y8 | Y9 | Y10 | Total |
|---|---|---|---|---|---|---|---|---|---|---|---|
| net gain loss | -$241,513 | $41,000 | $46,000 | $52,000 | $57,000 | $63,000 | $69,000 | $75,000 | $82,000 | $89,000 | $332,000 |
| cumulative roi | $29 | $47 | $63 | $78 | $91 | $104 | $117 | $129 | $141 | $153 | $951 |
XO2 Condos
Address: Toronto W01, Ontario
Price Range: $606,000 - $1,643,000
Avail. suites: 53
0—3.5 bd
406—1575 SqFt