Suite number:
105 - Montclair 608
Project:
Address:
Toronto C03, Ontario
Developer:
Parallax Development Corporation
Property type:
condo
Floor plan:
Bathrooms:
1
Bedrooms:
1
Size:
608 sqft
Occupancy Date:
Jan 2026
Price, CAD
$970,990
Available
ROI
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Investment Period: 5 years
Yearly Return on Investment in Year 5
18.38%
Cumulative Return on Investment in Year 5
87.13%
Property Price at the End of Year 5
$1,251,000
Deposit Schedule
$10,000 at Signing
Total up to 5% in 45 days
$48,550
5% in 220 days
$48,550
10% on Occupancy
$97,099
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 | $50,000 | $53,000 | $56,000 | $59,000 | $62,000 | $65,000 | $68,000 | $72,000 | $76,000 | $80,000 | $641,000 |
rent income | - | $14,000 | $15,000 | $15,000 | $16,000 | $17,000 | $18,000 | $18,000 | $19,000 | $20,000 | $152,000 |
mortgage principal reduction | - | $12,000 | $13,000 | $13,000 | $14,000 | $14,000 | $15,000 | $16,000 | $17,000 | $18,000 | $131,000 |
deposit interest | $3,000 | - | - | - | - | - | - | - | - | - | $3,000 |
gst hst rebate | - | $24,000 | - | - | - | - | - | - | - | - | $24,000 |
total income return | $53,000 | $103,000 | $83,000 | $87,000 | $92,000 | $96,000 | $101,000 | $106,000 | $112,000 | $117,000 | $952,000 |
Expense/ Investment
Category | Y1 | Y2 | Y3 | Y4 | Y5 | Y6 | Y7 | Y8 | Y9 | Y10 | Total |
---|---|---|---|---|---|---|---|---|---|---|---|
deposit | $170,000 | $24,000 | - | - | - | - | - | - | - | - | $194,000 |
remaining balance payment | - | - | - | - | - | - | - | - | - | - | - |
closing cost | $72,000 | - | - | - | - | - | - | - | - | - | $72,000 |
operating expense | - | $9,000 | $9,000 | $10,000 | $10,000 | $10,000 | $10,000 | $11,000 | $11,000 | $11,000 | $91,000 |
mortgage payment | - | $49,000 | $49,000 | $49,000 | $49,000 | $49,000 | $49,000 | $49,000 | $49,000 | $49,000 | $438,000 |
total expense investment | $242,000 | $82,000 | $58,000 | $58,000 | $59,000 | $59,000 | $59,000 | $59,000 | $59,000 | $60,000 | $795,000 |
Other
Category | Y1 | Y2 | Y3 | Y4 | Y5 | Y6 | Y7 | Y8 | Y9 | Y10 | Total |
---|---|---|---|---|---|---|---|---|---|---|---|
net gain loss | -$188,796 | $21,000 | $25,000 | $29,000 | $33,000 | $38,000 | $42,000 | $47,000 | $52,000 | $57,000 | $156,000 |
cumulative roi | $22 | $50 | $65 | $77 | $87 | $97 | $105 | $114 | $122 | $130 | $869 |
South Forest Hill Residences
Address: Toronto C03, Ontario
Price Range: $771,000 - $1,401,000
Avail. suites: 17
0—3 bd
416—1416 SqFt