Suite number:
Q478
Project:
Address:
Toronto, Ontario
Developer:
Lifetime Developments
Property type:
condo
Floor plan:
Bathrooms:
1
Bedrooms:
1
Size:
478 sqft
Occupancy Date:
Jan 2029
Price, CAD
$848,900
Available
ROI
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Investment Period: 5 years
Yearly Return on Investment in Year 5
22.67%
Cumulative Return on Investment in Year 5
101.85%
Property Price at the End of Year 5
$1,094,000
Deposit Schedule
$10,000 at Signing
Total up to 5% in 30 days
$42,445
2.5% in 200 days
$21,223
2.5% in 365 days
$21,223
10% on Occupancy
$84,890
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 | $44,000 | $46,000 | $49,000 | $51,000 | $54,000 | $57,000 | $60,000 | $63,000 | $66,000 | $70,000 | $560,000 |
| rent income | - | - | - | $6,000 | $11,000 | $12,000 | $12,000 | $13,000 | $13,000 | $14,000 | $82,000 |
| mortgage principal reduction | - | - | - | $5,000 | $11,000 | $11,000 | $12,000 | $12,000 | $13,000 | $14,000 | $78,000 |
| deposit interest | -$4,855 | $5,000 | $4,000 | $2,000 | - | - | - | - | - | - | $6,000 |
| gst hst rebate | - | - | - | $24,000 | - | - | - | - | - | - | $24,000 |
| total income return | $39,000 | $51,000 | $53,000 | $88,000 | $76,000 | $80,000 | $84,000 | $88,000 | $93,000 | $97,000 | $750,000 |
Expense/ Investment
| Category | Y1 | Y2 | Y3 | Y4 | Y5 | Y6 | Y7 | Y8 | Y9 | Y10 | Total |
|---|---|---|---|---|---|---|---|---|---|---|---|
| deposit | $64,000 | $21,000 | - | $85,000 | - | - | - | - | - | - | $170,000 |
| remaining balance payment | - | - | - | - | - | - | - | - | - | - | - |
| closing cost | - | - | - | $67,000 | - | - | - | - | - | - | $67,000 |
| operating expense | - | - | - | $4,000 | $8,000 | $8,000 | $8,000 | $8,000 | $8,000 | $9,000 | $52,000 |
| mortgage payment | - | - | - | $21,000 | $43,000 | $43,000 | $43,000 | $43,000 | $43,000 | $43,000 | $276,000 |
| total expense investment | $64,000 | $21,000 | - | $177,000 | $50,000 | $50,000 | $50,000 | $51,000 | $51,000 | $51,000 | $566,000 |
Other
| Category | Y1 | Y2 | Y3 | Y4 | Y5 | Y6 | Y7 | Y8 | Y9 | Y10 | Total |
|---|---|---|---|---|---|---|---|---|---|---|---|
| net gain loss | -$24,380 | $30,000 | $53,000 | -$89,334 | $26,000 | $30,000 | $34,000 | $38,000 | $42,000 | $46,000 | $185,000 |
| cumulative roi | $69 | $107 | $170 | $92 | $102 | $111 | $119 | $127 | $134 | $141 | $1,000 |
Q Tower
Address: Toronto, Ontario
Price Range: $646,000 - $1,596,000
Avail. suites: 27
0—3 bd
346—917 SqFt