Suite number:
1403 ( XX 948)
Project:
Address:
Toronto W01, Ontario
Developer:
Lifetime Developments
Property type:
condo
Floor plan:
Bathrooms:
2
Bedrooms:
3
Size:
948 sqft
Occupancy Date:
Feb 2025
Price, CAD
$1,287,900
Available
ROI
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Investment Period: 5 years
Yearly Return on Investment in Year 5
18.52%
Cumulative Return on Investment in Year 5
87.64%
Property Price at the End of Year 5
$1,659,000
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 | $67,000 | $70,000 | $74,000 | $78,000 | $82,000 | $86,000 | $91,000 | $95,000 | $100,000 | $106,000 | $850,000 |
| rent income | $25,000 | $34,000 | $36,000 | $37,000 | $39,000 | $40,000 | $42,000 | $44,000 | $46,000 | $48,000 | $391,000 |
| mortgage principal reduction | $12,000 | $16,000 | $17,000 | $18,000 | $19,000 | $20,000 | $21,000 | $22,000 | $23,000 | $24,000 | $192,000 |
| deposit interest | $119 | - | - | - | - | - | - | - | - | - | $119 |
| gst hst rebate | $24,000 | - | - | - | - | - | - | - | - | - | $24,000 |
| total income return | $128,000 | $121,000 | $127,000 | $133,000 | $140,000 | $147,000 | $154,000 | $161,000 | $169,000 | $178,000 | $1,457,000 |
Expense/ Investment
| Category | Y1 | Y2 | Y3 | Y4 | Y5 | Y6 | Y7 | Y8 | Y9 | Y10 | Total |
|---|---|---|---|---|---|---|---|---|---|---|---|
| deposit | $10,000 | - | - | - | - | - | - | - | - | - | $10,000 |
| remaining balance payment | $248,000 | - | - | - | - | - | - | - | - | - | $248,000 |
| closing cost | $85,000 | - | - | - | - | - | - | - | - | - | $85,000 |
| operating expense | $11,000 | $15,000 | $15,000 | $15,000 | $16,000 | $16,000 | $16,000 | $17,000 | $17,000 | $18,000 | $155,000 |
| mortgage payment | $48,000 | $64,000 | $64,000 | $64,000 | $64,000 | $64,000 | $64,000 | $64,000 | $64,000 | $64,000 | $629,000 |
| total expense investment | $402,000 | $79,000 | $79,000 | $80,000 | $80,000 | $80,000 | $81,000 | $81,000 | $82,000 | $82,000 | $1,126,000 |
Other
| Category | Y1 | Y2 | Y3 | Y4 | Y5 | Y6 | Y7 | Y8 | Y9 | Y10 | Total |
|---|---|---|---|---|---|---|---|---|---|---|---|
| net gain loss | -$274,085 | $42,000 | $48,000 | $53,000 | $60,000 | $66,000 | $73,000 | $80,000 | $88,000 | $96,000 | $331,000 |
| cumulative roi | $28 | $45 | $61 | $75 | $88 | $100 | $111 | $123 | $134 | $146 | $911 |
XO2 Condos
Address: Toronto W01, Ontario
Price Range: $606,000 - $1,643,000
Avail. suites: 53
0—3.5 bd
406—1575 SqFt