Suite number:
1B-C1
Project:
Address:
Toronto E06, Ontario
Developer:
LCH Developments / Lifestyle Custom Homes
Property type:
condo
Bathrooms:
1
Bedrooms:
1
Size:
480 sqft
Occupancy Date:
Jan 2027
$591,990
Available
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Investment Period: 5 years
Yearly Return on Investment in Year 5
19.73%
Cumulative Return on Investment in Year 5
96.37%
Property Price at the End of Year 5
$763,000
Deposit Schedule
$5,000 at Signing
Total up to 5% in 30 days
$29,600
2.5% in 90 days
$14,800
2.5% in 210 days
$14,800
2.5% in 420 days
$14,800
7.5% on Occupancy
$44,399
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 | $31,000 | $32,000 | $34,000 | $36,000 | $38,000 | $40,000 | $42,000 | $44,000 | $46,000 | $49,000 | $391,000 |
rent income | - | - | $9,000 | $12,000 | $12,000 | $13,000 | $13,000 | $14,000 | $14,000 | $15,000 | $102,000 |
mortgage principal reduction | - | - | $6,000 | $8,000 | $8,000 | $9,000 | $9,000 | $9,000 | $10,000 | $10,000 | $70,000 |
deposit interest | $3,000 | $4,000 | $426 | - | - | - | - | - | - | - | $7,000 |
gst hst rebate | - | - | $24,000 | - | - | - | - | - | - | - | $24,000 |
total income return | $33,000 | $37,000 | $74,000 | $55,000 | $58,000 | $61,000 | $64,000 | $67,000 | $70,000 | $74,000 | $594,000 |
Expense/ Investment
Category | Y1 | Y2 | Y3 | Y4 | Y5 | Y6 | Y7 | Y8 | Y9 | Y10 | Total |
---|---|---|---|---|---|---|---|---|---|---|---|
deposit | $59,000 | $15,000 | $44,000 | - | - | - | - | - | - | - | $118,000 |
remaining balance payment | - | - | - | - | - | - | - | - | - | - | - |
closing cost | - | - | $56,000 | - | - | - | - | - | - | - | $56,000 |
operating expense | - | - | $6,000 | $7,000 | $7,000 | $8,000 | $8,000 | $8,000 | $8,000 | $9,000 | $60,000 |
mortgage payment | - | - | $24,000 | $29,000 | $29,000 | $29,000 | $29,000 | $29,000 | $29,000 | $29,000 | $226,000 |
total expense investment | $59,000 | $15,000 | $130,000 | $36,000 | $36,000 | $36,000 | $37,000 | $37,000 | $37,000 | $37,000 | $460,000 |
Other
Category | Y1 | Y2 | Y3 | Y4 | Y5 | Y6 | Y7 | Y8 | Y9 | Y10 | Total |
---|---|---|---|---|---|---|---|---|---|---|---|
net gain loss | -$25,918 | $22,000 | -$55,585 | $20,000 | $22,000 | $25,000 | $27,000 | $30,000 | $33,000 | $37,000 | $135,000 |
cumulative roi | $56 | $95 | $73 | $85 | $96 | $106 | $116 | $124 | $133 | $141 | $1,000 |
Cliffside Condos
Address: Toronto E06, Ontario
Price Range: $400,000 - $1,150,000
Avail. suites: 53
0—3.5 bd
317—1189 SqFt