Suite number:
105 - Montclair 608
Project:
Address:
Toronto C03, Ontario
Developer:
Parallax Development Corporation
Property type:
condo
Bathrooms:
1
Bedrooms:
1
Size:
608 sqft
Occupancy Date:
Jan 2026
$970,990
Available
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Investment Period: 5 years
Yearly Return on Investment in Year 5
19.14%
Cumulative Return on Investment in Year 5
90.34%
Property Price at the End of Year 5
$1,251,000
Deposit Schedule
$10,000 at Signing
Total up to 2.5% in 0 days
$24,275
5% in 45 days
$48,550
5% in 220 days
$48,550
7.5% on Occupancy
$72,824
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 | - | $12,000 | $15,000 | $15,000 | $16,000 | $17,000 | $17,000 | $18,000 | $19,000 | $20,000 | $149,000 |
mortgage principal reduction | - | $10,000 | $13,000 | $14,000 | $14,000 | $15,000 | $16,000 | $16,000 | $17,000 | $18,000 | $133,000 |
deposit interest | $3,000 | $545 | - | - | - | - | - | - | - | - | $4,000 |
gst hst rebate | - | $24,000 | - | - | - | - | - | - | - | - | $24,000 |
total income return | $54,000 | $100,000 | $84,000 | $88,000 | $92,000 | $97,000 | $101,000 | $106,000 | $112,000 | $117,000 | $951,000 |
Expense/ Investment
Category | Y1 | Y2 | Y3 | Y4 | Y5 | Y6 | Y7 | Y8 | Y9 | Y10 | Total |
---|---|---|---|---|---|---|---|---|---|---|---|
deposit | $97,000 | $97,000 | - | - | - | - | - | - | - | - | $194,000 |
remaining balance payment | - | - | - | - | - | - | - | - | - | - | - |
closing cost | - | $71,000 | - | - | - | - | - | - | - | - | $71,000 |
operating expense | - | $8,000 | $10,000 | $10,000 | $10,000 | $10,000 | $11,000 | $11,000 | $11,000 | $12,000 | $93,000 |
mortgage payment | - | $39,000 | $47,000 | $47,000 | $47,000 | $47,000 | $47,000 | $47,000 | $47,000 | $47,000 | $417,000 |
total expense investment | $97,000 | $215,000 | $57,000 | $57,000 | $57,000 | $58,000 | $58,000 | $58,000 | $59,000 | $59,000 | $775,000 |
Other
Category | Y1 | Y2 | Y3 | Y4 | Y5 | Y6 | Y7 | Y8 | Y9 | Y10 | Total |
---|---|---|---|---|---|---|---|---|---|---|---|
net gain loss | -$43,494 | -$115,050 | $27,000 | $31,000 | $35,000 | $39,000 | $43,000 | $48,000 | $53,000 | $58,000 | $176,000 |
cumulative roi | $55 | $52 | $67 | $79 | $90 | $100 | $109 | $118 | $126 | $134 | $931 |
South Forest Hill Residences
Address: Toronto C03, Ontario
Price Range: $771,000 - $1,401,000
Avail. suites: 17
0—3 bd
416—1416 SqFt