Suite number:
Q482
Project:
Address:
Toronto, Ontario
Developer:
Lifetime Developments
Property type:
condo
Floor plan:
Bathrooms:
1
Bedrooms:
1
Size:
482 sqft
Occupancy Date:
Jan 2029
Price, CAD
$871,900
Available
ROI
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Investment Period: 5 years
Yearly Return on Investment in Year 5
22.73%
Cumulative Return on Investment in Year 5
101.88%
Property Price at the End of Year 5
$1,123,000
Deposit Schedule
$10,000 at Signing
Total up to 5% in 30 days
$43,595
2.5% in 200 days
$21,798
2.5% in 365 days
$21,798
10% on Occupancy
$87,190
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 | $45,000 | $48,000 | $50,000 | $53,000 | $56,000 | $58,000 | $61,000 | $65,000 | $68,000 | $72,000 | $576,000 |
rent income | - | - | - | $6,000 | $11,000 | $12,000 | $12,000 | $13,000 | $14,000 | $14,000 | $82,000 |
mortgage principal reduction | - | - | - | $5,000 | $11,000 | $12,000 | $12,000 | $13,000 | $13,000 | $14,000 | $80,000 |
deposit interest | -$4,986 | $5,000 | $5,000 | $2,000 | - | - | - | - | - | - | $6,000 |
gst hst rebate | - | - | - | $24,000 | - | - | - | - | - | - | $24,000 |
total income return | $40,000 | $53,000 | $55,000 | $90,000 | $78,000 | $82,000 | $86,000 | $90,000 | $95,000 | $100,000 | $768,000 |
Expense/ Investment
Category | Y1 | Y2 | Y3 | Y4 | Y5 | Y6 | Y7 | Y8 | Y9 | Y10 | Total |
---|---|---|---|---|---|---|---|---|---|---|---|
deposit | $65,000 | $22,000 | - | $87,000 | - | - | - | - | - | - | $174,000 |
remaining balance payment | - | - | - | - | - | - | - | - | - | - | - |
closing cost | - | - | - | $68,000 | - | - | - | - | - | - | $68,000 |
operating expense | - | - | - | $4,000 | $8,000 | $8,000 | $8,000 | $8,000 | $8,000 | $9,000 | $53,000 |
mortgage payment | - | - | - | $22,000 | $44,000 | $44,000 | $44,000 | $44,000 | $44,000 | $44,000 | $284,000 |
total expense investment | $65,000 | $22,000 | - | $181,000 | $51,000 | $52,000 | $52,000 | $52,000 | $52,000 | $52,000 | $579,000 |
Other
Category | Y1 | Y2 | Y3 | Y4 | Y5 | Y6 | Y7 | Y8 | Y9 | Y10 | Total |
---|---|---|---|---|---|---|---|---|---|---|---|
net gain loss | -$25,040 | $31,000 | $55,000 | -$91,556 | $27,000 | $30,000 | $34,000 | $38,000 | $43,000 | $47,000 | $189,000 |
cumulative roi | $69 | $107 | $170 | $92 | $102 | $111 | $119 | $126 | $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