Suite number:
1603 - Forest Hill 566
Project:
Address:
Toronto C03, Ontario
Developer:
Parallax Development Corporation
Property type:
condo
Bathrooms:
1
Bedrooms:
1.5
Size:
566 sqft
Occupancy Date:
Jan 2026
Price, CAD
$995,990
Available
ROI
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Investment Period: 5 years
Yearly Return on Investment in Year 5
20.22%
Cumulative Return on Investment in Year 5
95.25%
Property Price at the End of Year 5
$1,283,000
Deposit Schedule
$10,000 at Signing
Total up to 2.5% in 0 days
$24,900
5% in 45 days
$49,800
5% in 220 days
$49,800
7.5% on Occupancy
$74,699
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 | $52,000 | $54,000 | $57,000 | $60,000 | $63,000 | $67,000 | $70,000 | $74,000 | $78,000 | $82,000 | $657,000 |
| rent income | - | $17,000 | $21,000 | $21,000 | $22,000 | $23,000 | $24,000 | $25,000 | $26,000 | $28,000 | $208,000 |
| mortgage principal reduction | - | $11,000 | $13,000 | $14,000 | $15,000 | $15,000 | $16,000 | $17,000 | $17,000 | $18,000 | $136,000 |
| deposit interest | $3,000 | $559 | - | - | - | - | - | - | - | - | $4,000 |
| gst hst rebate | - | $24,000 | - | - | - | - | - | - | - | - | $24,000 |
| total income return | $55,000 | $106,000 | $91,000 | $96,000 | $100,000 | $105,000 | $111,000 | $116,000 | $122,000 | $128,000 | $1,030,000 |
Expense/ Investment
| Category | Y1 | Y2 | Y3 | Y4 | Y5 | Y6 | Y7 | Y8 | Y9 | Y10 | Total |
|---|---|---|---|---|---|---|---|---|---|---|---|
| deposit | $100,000 | $100,000 | - | - | - | - | - | - | - | - | $199,000 |
| remaining balance payment | - | - | - | - | - | - | - | - | - | - | - |
| closing cost | - | $72,000 | - | - | - | - | - | - | - | - | $72,000 |
| operating expense | - | $8,000 | $10,000 | $10,000 | $10,000 | $11,000 | $11,000 | $11,000 | $12,000 | $12,000 | $95,000 |
| mortgage payment | - | $40,000 | $48,000 | $48,000 | $48,000 | $48,000 | $48,000 | $48,000 | $48,000 | $48,000 | $428,000 |
| total expense investment | $100,000 | $220,000 | $58,000 | $59,000 | $59,000 | $59,000 | $60,000 | $60,000 | $60,000 | $61,000 | $794,000 |
Other
| Category | Y1 | Y2 | Y3 | Y4 | Y5 | Y6 | Y7 | Y8 | Y9 | Y10 | Total |
|---|---|---|---|---|---|---|---|---|---|---|---|
| net gain loss | -$44,615 | -$113,421 | $33,000 | $37,000 | $42,000 | $46,000 | $51,000 | $56,000 | $61,000 | $67,000 | $236,000 |
| cumulative roi | $55 | $53 | $69 | $83 | $95 | $107 | $117 | $127 | $137 | $147 | $991 |
South Forest Hill Residences
Address: Toronto C03, Ontario
Price Range: $771,000 - $1,401,000
Avail. suites: 17
0—3 bd
416—1416 SqFt