Suite number:
205 - Montclair 482
Project:
Address:
Toronto C03, Ontario
Developer:
Parallax Development Corporation
Property type:
condo
Floor plan:
Bathrooms:
1
Bedrooms:
1
Size:
482 sqft
Occupancy Date:
Jan 2026
Price, CAD
$770,990
Available
ROI
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Investment Period: 5 years
Yearly Return on Investment in Year 5
18.17%
Cumulative Return on Investment in Year 5
87.62%
Property Price at the End of Year 5
$993,000
Deposit Schedule
$10,000 at Signing
Total up to 5% in 45 days
$38,550
5% in 220 days
$38,550
10% on Occupancy
$77,099
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 | $40,000 | $42,000 | $44,000 | $47,000 | $49,000 | $52,000 | $54,000 | $57,000 | $60,000 | $63,000 | $509,000 |
rent income | - | $11,000 | $12,000 | $12,000 | $13,000 | $13,000 | $14,000 | $15,000 | $15,000 | $16,000 | $121,000 |
mortgage principal reduction | - | $10,000 | $10,000 | $10,000 | $11,000 | $12,000 | $12,000 | $13,000 | $13,000 | $14,000 | $104,000 |
deposit interest | $2,000 | - | - | - | - | - | - | - | - | - | $2,000 |
gst hst rebate | - | $24,000 | - | - | - | - | - | - | - | - | $24,000 |
total income return | $42,000 | $87,000 | $66,000 | $69,000 | $73,000 | $77,000 | $80,000 | $84,000 | $89,000 | $93,000 | $760,000 |
Expense/ Investment
Category | Y1 | Y2 | Y3 | Y4 | Y5 | Y6 | Y7 | Y8 | Y9 | Y10 | Total |
---|---|---|---|---|---|---|---|---|---|---|---|
deposit | $135,000 | $19,000 | - | - | - | - | - | - | - | - | $154,000 |
remaining balance payment | - | - | - | - | - | - | - | - | - | - | - |
closing cost | $64,000 | - | - | - | - | - | - | - | - | - | $64,000 |
operating expense | - | $7,000 | $8,000 | $8,000 | $8,000 | $8,000 | $8,000 | $8,000 | $9,000 | $9,000 | $72,000 |
mortgage payment | - | $39,000 | $39,000 | $39,000 | $39,000 | $39,000 | $39,000 | $39,000 | $39,000 | $39,000 | $347,000 |
total expense investment | $199,000 | $65,000 | $46,000 | $46,000 | $46,000 | $47,000 | $47,000 | $47,000 | $47,000 | $47,000 | $638,000 |
Other
Category | Y1 | Y2 | Y3 | Y4 | Y5 | Y6 | Y7 | Y8 | Y9 | Y10 | Total |
---|---|---|---|---|---|---|---|---|---|---|---|
net gain loss | -$156,785 | $22,000 | $20,000 | $23,000 | $26,000 | $30,000 | $34,000 | $37,000 | $41,000 | $46,000 | $122,000 |
cumulative roi | $22 | $52 | $66 | $77 | $88 | $97 | $106 | $114 | $122 | $130 | $872 |
South Forest Hill Residences
Address: Toronto C03, Ontario
Price Range: $771,000 - $1,401,000
Avail. suites: 17
0—3 bd
416—1416 SqFt