Suite number:
1B-C2
Project:
Address:
Toronto E06, Ontario
Developer:
LCH Developments / Lifestyle Custom Homes
Property type:
condo
Floor plan:
Bathrooms:
1
Bedrooms:
1
Size:
485 sqft
Occupancy Date:
Jan 2027
Price, CAD
$597,990
Available
ROI
11,96%
Monthly Expenses
- condo fees— $344
- property taxes— $149
- property management— $58
- repairs and maintenance— $29
Total: $581
Want to own a unit? —
Investment Period: 5 years
Yearly Return on Investment in Year 5
18.74%
Cumulative Return on Investment in Year 5
90.73%
Property Price at the End of Year 5
$770,000
Deposit Schedule
$5,000 at Signing
Total up to 5% in 30 days
$29,900
2.5% in 90 days
$14,950
2.5% in 210 days
$14,950
2.5% in 420 days
$14,950
7.5% on Occupancy
$44,849
Net Gain (Loss)
- Net Gain Loss
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Property Price Appreciation
- 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 | $33,000 | $34,000 | $36,000 | $38,000 | $40,000 | $42,000 | $44,000 | $47,000 | $49,000 | $395,000 |
| rent income | - | - | $11,000 | $12,000 | $12,000 | $13,000 | $13,000 | $14,000 | $15,000 | $15,000 | $106,000 |
| mortgage principal reduction | - | - | $7,000 | $8,000 | $8,000 | $9,000 | $9,000 | $9,000 | $10,000 | $10,000 | $70,000 |
| deposit interest | -$352 | $4,000 | - | - | - | - | - | - | - | - | $4,000 |
| gst hst rebate | - | - | $24,000 | - | - | - | - | - | - | - | $24,000 |
| total income return | $31,000 | $37,000 | $77,000 | $56,000 | $59,000 | $61,000 | $64,000 | $68,000 | $71,000 | $75,000 | $598,000 |
Expense/ Investment
| Category | Y1 | Y2 | Y3 | Y4 | Y5 | Y6 | Y7 | Y8 | Y9 | Y10 | Total |
|---|---|---|---|---|---|---|---|---|---|---|---|
| deposit | $60,000 | $60,000 | - | - | - | - | - | - | - | - | $120,000 |
| remaining balance payment | - | - | - | - | - | - | - | - | - | - | - |
| closing cost | - | $57,000 | - | - | - | - | - | - | - | - | $57,000 |
| operating expense | - | - | $7,000 | $7,000 | $7,000 | $7,000 | $8,000 | $8,000 | $8,000 | $8,000 | $60,000 |
| mortgage payment | - | - | $30,000 | $30,000 | $30,000 | $30,000 | $30,000 | $30,000 | $30,000 | $30,000 | $240,000 |
| total expense investment | $60,000 | $117,000 | $37,000 | $37,000 | $37,000 | $37,000 | $38,000 | $38,000 | $38,000 | $38,000 | $477,000 |
Other
| Category | Y1 | Y2 | Y3 | Y4 | Y5 | Y6 | Y7 | Y8 | Y9 | Y10 | Total |
|---|---|---|---|---|---|---|---|---|---|---|---|
| net gain loss | -$29,144 | -$80,084 | $40,000 | $19,000 | $21,000 | $24,000 | $27,000 | $30,000 | $33,000 | $36,000 | $122,000 |
| cumulative roi | $52 | $39 | $68 | $80 | $91 | $100 | $110 | $118 | $127 | $135 | $920 |
Cliffside Condos
Address: Toronto E06, Ontario
Price Range: $400,000 - $1,150,000
Avail. suites: 53
0—3.5 bd
317—1189 SqFt
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80% of Original Price
Options for changing mortgage terms
The rental rate per square foot.