Suite number:
1403 ( XX 948)
Project:
Address:
Toronto, Ontario
Developer:
Lifetime Developments
Property type:
condo
Floor plan:
Bathrooms:
2
Bedrooms:
3
Size:
948 sqft
Occupancy Date:
Jun 2025
Price, CAD
$1,287,900
Available
ROI
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Investment Period: 5 years
Yearly Return on Investment in Year 5
18.94%
Cumulative Return on Investment in Year 5
88.75%
Property Price at the End of Year 5
$1,659,000
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 | $67,000 | $70,000 | $74,000 | $78,000 | $82,000 | $86,000 | $91,000 | $95,000 | $100,000 | $106,000 | $850,000 |
| rent income | $14,000 | $34,000 | $35,000 | $37,000 | $38,000 | $40,000 | $42,000 | $43,000 | $45,000 | $47,000 | $375,000 |
| mortgage principal reduction | $7,000 | $16,000 | $17,000 | $18,000 | $19,000 | $20,000 | $21,000 | $22,000 | $23,000 | $24,000 | $184,000 |
| deposit interest | $292 | - | - | - | - | - | - | - | - | - | $292 |
| gst hst rebate | $24,000 | - | - | - | - | - | - | - | - | - | $24,000 |
| total income return | $111,000 | $120,000 | $126,000 | $132,000 | $139,000 | $146,000 | $153,000 | $160,000 | $168,000 | $177,000 | $1,433,000 |
Expense/ Investment
| Category | Y1 | Y2 | Y3 | Y4 | Y5 | Y6 | Y7 | Y8 | Y9 | Y10 | Total |
|---|---|---|---|---|---|---|---|---|---|---|---|
| deposit | $10,000 | - | - | - | - | - | - | - | - | - | $10,000 |
| remaining balance payment | $248,000 | - | - | - | - | - | - | - | - | - | $248,000 |
| closing cost | $85,000 | - | - | - | - | - | - | - | - | - | $85,000 |
| operating expense | $6,000 | $14,000 | $15,000 | $15,000 | $16,000 | $16,000 | $16,000 | $17,000 | $17,000 | $17,000 | $149,000 |
| mortgage payment | $27,000 | $64,000 | $64,000 | $64,000 | $64,000 | $64,000 | $64,000 | $64,000 | $64,000 | $64,000 | $607,000 |
| total expense investment | $375,000 | $79,000 | $79,000 | $80,000 | $80,000 | $80,000 | $81,000 | $81,000 | $82,000 | $82,000 | $1,099,000 |
Other
| Category | Y1 | Y2 | Y3 | Y4 | Y5 | Y6 | Y7 | Y8 | Y9 | Y10 | Total |
|---|---|---|---|---|---|---|---|---|---|---|---|
| net gain loss | -$263,991 | $41,000 | $47,000 | $53,000 | $59,000 | $65,000 | $72,000 | $79,000 | $87,000 | $95,000 | $334,000 |
| cumulative roi | $27 | $46 | $62 | $76 | $89 | $101 | $113 | $124 | $136 | $147 | $920 |
XO2 Condos
Address: Toronto, Ontario
Price Range: $606,000 - $1,643,000
Avail. suites: 53
0—3.5 bd
406—1575 SqFt