Suite number:
1205 (XX 828-T)
Project:
Address:
Toronto, Ontario
Developer:
Lifetime Developments
Property type:
condo
Floor plan:
Bathrooms:
2
Bedrooms:
2.5
Size:
828 sqft
Occupancy Date:
Jun 2025
Price, CAD
$1,352,900
Available
ROI
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Investment Period: 5 years
Yearly Return on Investment in Year 5
18.37%
Cumulative Return on Investment in Year 5
85.87%
Property Price at the End of Year 5
$1,743,000
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 | $70,000 | $74,000 | $78,000 | $82,000 | $86,000 | $91,000 | $95,000 | $100,000 | $106,000 | $111,000 | $893,000 |
rent income | $12,000 | $29,000 | $31,000 | $32,000 | $33,000 | $35,000 | $36,000 | $38,000 | $40,000 | $41,000 | $327,000 |
mortgage principal reduction | $7,000 | $17,000 | $18,000 | $19,000 | $20,000 | $21,000 | $22,000 | $23,000 | $24,000 | $25,000 | $194,000 |
deposit interest | $292 | - | - | - | - | - | - | - | - | - | $292 |
gst hst rebate | $24,000 | - | - | - | - | - | - | - | - | - | $24,000 |
total income return | $113,000 | $120,000 | $126,000 | $133,000 | $139,000 | $146,000 | $153,000 | $161,000 | $169,000 | $177,000 | $1,438,000 |
Expense/ Investment
Category | Y1 | Y2 | Y3 | Y4 | Y5 | Y6 | Y7 | Y8 | Y9 | Y10 | Total |
---|---|---|---|---|---|---|---|---|---|---|---|
deposit | $10,000 | - | - | - | - | - | - | - | - | - | $10,000 |
remaining balance payment | $261,000 | - | - | - | - | - | - | - | - | - | $261,000 |
closing cost | $88,000 | - | - | - | - | - | - | - | - | - | $88,000 |
operating expense | $5,000 | $13,000 | $14,000 | $14,000 | $14,000 | $15,000 | $15,000 | $15,000 | $16,000 | $16,000 | $137,000 |
mortgage payment | $28,000 | $68,000 | $68,000 | $68,000 | $68,000 | $68,000 | $68,000 | $68,000 | $68,000 | $68,000 | $638,000 |
total expense investment | $392,000 | $81,000 | $81,000 | $82,000 | $82,000 | $82,000 | $83,000 | $83,000 | $83,000 | $84,000 | $1,133,000 |
Other
Category | Y1 | Y2 | Y3 | Y4 | Y5 | Y6 | Y7 | Y8 | Y9 | Y10 | Total |
---|---|---|---|---|---|---|---|---|---|---|---|
net gain loss | -$278,523 | $39,000 | $45,000 | $51,000 | $57,000 | $64,000 | $71,000 | $78,000 | $85,000 | $93,000 | $305,000 |
cumulative roi | $27 | $45 | $60 | $74 | $86 | $97 | $108 | $118 | $128 | $139 | $882 |
XO2 Condos
Address: Toronto, Ontario
Price Range: $606,000 - $1,643,000
Avail. suites: 53
0—3.5 bd
406—1575 SqFt