Suite number:
207
Project:
Address:
Toronto E06, Ontario
Developer:
Cliffside Home
Property type:
condo
Bathrooms:
2.5
Bedrooms:
2.5
Size:
1400 sqft
Occupancy Date:
Mar 2025
Price, CAD
$1,394,900
Available
ROI
Want to own a unit? —
Investment Period: 5 years
Yearly Return on Investment in Year 5
21.20%
Cumulative Return on Investment in Year 5
99.69%
Property Price at the End of Year 5
$1,797,000
Deposit Schedule
$5,000 at Signing
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 | $72,000 | $76,000 | $80,000 | $84,000 | $89,000 | $93,000 | $98,000 | $103,000 | $109,000 | $114,000 | $921,000 |
| rent income | $33,000 | $51,000 | $53,000 | $55,000 | $57,000 | $60,000 | $62,000 | $65,000 | $68,000 | $71,000 | $574,000 |
| mortgage principal reduction | $12,000 | $19,000 | $19,000 | $20,000 | $21,000 | $22,000 | $23,000 | $24,000 | $25,000 | $27,000 | $213,000 |
| deposit interest | $79 | - | - | - | - | - | - | - | - | - | $79 |
| gst hst rebate | $24,000 | - | - | - | - | - | - | - | - | - | $24,000 |
| total income return | $141,000 | $145,000 | $152,000 | $160,000 | $167,000 | $175,000 | $184,000 | $193,000 | $202,000 | $212,000 | $1,732,000 |
Expense/ Investment
| Category | Y1 | Y2 | Y3 | Y4 | Y5 | Y6 | Y7 | Y8 | Y9 | Y10 | Total |
|---|---|---|---|---|---|---|---|---|---|---|---|
| deposit | $5,000 | - | - | - | - | - | - | - | - | - | $5,000 |
| remaining balance payment | $274,000 | - | - | - | - | - | - | - | - | - | $274,000 |
| closing cost | $88,000 | - | - | - | - | - | - | - | - | - | $88,000 |
| operating expense | $12,000 | $18,000 | $19,000 | $19,000 | $20,000 | $20,000 | $21,000 | $22,000 | $22,000 | $23,000 | $196,000 |
| mortgage payment | $45,000 | $68,000 | $68,000 | $68,000 | $68,000 | $68,000 | $68,000 | $68,000 | $68,000 | $68,000 | $656,000 |
| total expense investment | $424,000 | $86,000 | $86,000 | $87,000 | $88,000 | $88,000 | $89,000 | $90,000 | $90,000 | $91,000 | $1,219,000 |
Other
| Category | Y1 | Y2 | Y3 | Y4 | Y5 | Y6 | Y7 | Y8 | Y9 | Y10 | Total |
|---|---|---|---|---|---|---|---|---|---|---|---|
| net gain loss | -$282,631 | $60,000 | $66,000 | $73,000 | $80,000 | $87,000 | $95,000 | $103,000 | $112,000 | $121,000 | $513,000 |
| cumulative roi | $28 | $48 | $66 | $83 | $100 | $116 | $131 | $147 | $164 | $180 | $1,000 |
The Cliffton
Address: Toronto E06, Ontario
Price Range: $820,000 - $1,395,000
Avail. suites: 13
1—2.5 bd
559—1400 SqFt