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
21.99%
Cumulative Return on Investment in Year 5
99.21%
Property Price at the End of Year 5
$1,124,000
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 | $46,000 | $48,000 | $50,000 | $53,000 | $56,000 | $58,000 | $61,000 | $65,000 | $68,000 | $72,000 | $576,000 |
| rent income | - | - | - | $8,000 | $12,000 | $12,000 | $13,000 | $13,000 | $14,000 | $14,000 | $86,000 |
| mortgage principal reduction | - | - | - | $8,000 | $11,000 | $12,000 | $12,000 | $13,000 | $13,000 | $14,000 | $84,000 |
| deposit interest | -$3,906 | $5,000 | $5,000 | $768 | - | - | - | - | - | - | $6,000 |
| gst hst rebate | - | - | - | $24,000 | - | - | - | - | - | - | $24,000 |
| total income return | $42,000 | $52,000 | $55,000 | $94,000 | $78,000 | $82,000 | $86,000 | $91,000 | $95,000 | $100,000 | $775,000 |
Expense/ Investment
| Category | Y1 | Y2 | Y3 | Y4 | Y5 | Y6 | Y7 | Y8 | Y9 | Y10 | Total |
|---|---|---|---|---|---|---|---|---|---|---|---|
| deposit | $87,000 | - | - | $87,000 | - | - | - | - | - | - | $174,000 |
| remaining balance payment | - | - | - | - | - | - | - | - | - | - | - |
| closing cost | - | - | - | $68,000 | - | - | - | - | - | - | $68,000 |
| operating expense | - | - | - | $6,000 | $8,000 | $8,000 | $8,000 | $8,000 | $8,000 | $9,000 | $55,000 |
| mortgage payment | - | - | - | $33,000 | $44,000 | $44,000 | $44,000 | $44,000 | $44,000 | $44,000 | $295,000 |
| total expense investment | $87,000 | - | - | $194,000 | $51,000 | $52,000 | $52,000 | $52,000 | $52,000 | $52,000 | $592,000 |
Other
| Category | Y1 | Y2 | Y3 | Y4 | Y5 | Y6 | Y7 | Y8 | Y9 | Y10 | Total |
|---|---|---|---|---|---|---|---|---|---|---|---|
| net gain loss | -$45,499 | $52,000 | $55,000 | -$99,990 | $27,000 | $31,000 | $35,000 | $39,000 | $43,000 | $48,000 | $183,000 |
| cumulative roi | $52 | $108 | $171 | $89 | $99 | $108 | $116 | $124 | $131 | $139 | $1,000 |
Q Tower
Address: Toronto, Ontario
Price Range: $646,000 - $1,596,000
Avail. suites: 28
0—3 bd
346—917 SqFt