Suite number:
1411 (XX 694)
Project:
Address:
Toronto, Ontario
Developer:
Lifetime Developments
Property type:
condo
Floor plan:
Bathrooms:
2
Bedrooms:
2
Size:
694 sqft
Occupancy Date:
Jun 2025
Price, CAD
$1,078,900
Available
ROI
Want to own a unit? —
Investment Period: 5 years
Yearly Return on Investment in Year 5
17.60%
Cumulative Return on Investment in Year 5
83.30%
Property Price at the End of Year 5
$1,390,000
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 | $56,000 | $59,000 | $62,000 | $65,000 | $69,000 | $72,000 | $76,000 | $80,000 | $84,000 | $89,000 | $712,000 |
| rent income | $8,000 | $21,000 | $21,000 | $22,000 | $23,000 | $24,000 | $25,000 | $26,000 | $28,000 | $29,000 | $229,000 |
| mortgage principal reduction | $5,000 | $14,000 | $14,000 | $15,000 | $16,000 | $16,000 | $17,000 | $18,000 | $19,000 | $20,000 | $154,000 |
| deposit interest | $292 | - | - | - | - | - | - | - | - | - | $292 |
| gst hst rebate | $24,000 | - | - | - | - | - | - | - | - | - | $24,000 |
| total income return | $94,000 | $93,000 | $98,000 | $103,000 | $108,000 | $113,000 | $119,000 | $125,000 | $131,000 | $137,000 | $1,119,000 |
Expense/ Investment
| Category | Y1 | Y2 | Y3 | Y4 | Y5 | Y6 | Y7 | Y8 | Y9 | Y10 | Total |
|---|---|---|---|---|---|---|---|---|---|---|---|
| deposit | $10,000 | - | - | - | - | - | - | - | - | - | $10,000 |
| remaining balance payment | $206,000 | - | - | - | - | - | - | - | - | - | $206,000 |
| closing cost | $77,000 | - | - | - | - | - | - | - | - | - | $77,000 |
| operating expense | $4,000 | $11,000 | $11,000 | $11,000 | $11,000 | $12,000 | $12,000 | $12,000 | $12,000 | $13,000 | $109,000 |
| mortgage payment | $23,000 | $54,000 | $54,000 | $54,000 | $54,000 | $54,000 | $54,000 | $54,000 | $54,000 | $54,000 | $509,000 |
| total expense investment | $319,000 | $65,000 | $65,000 | $65,000 | $65,000 | $66,000 | $66,000 | $66,000 | $66,000 | $67,000 | $910,000 |
Other
| Category | Y1 | Y2 | Y3 | Y4 | Y5 | Y6 | Y7 | Y8 | Y9 | Y10 | Total |
|---|---|---|---|---|---|---|---|---|---|---|---|
| net gain loss | -$225,160 | $29,000 | $33,000 | $37,000 | $42,000 | $47,000 | $53,000 | $58,000 | $64,000 | $70,000 | $209,000 |
| cumulative roi | $28 | $45 | $59 | $72 | $83 | $94 | $104 | $113 | $122 | $131 | $852 |
XO2 Condos
Address: Toronto, Ontario
Price Range: $506,000 - $1,379,000
Avail. suites: 46
0—3.5 bd
406—1575 SqFt