Suite number:
1B+D-A
Project:
Address:
Toronto E06, Ontario
Developer:
LCH Developments / Lifestyle Custom Homes
Property type:
condo
Floor plan:
Bathrooms:
1
Bedrooms:
1.5
Size:
634 sqft
Occupancy Date:
Jan 2027
Price, CAD
$724,990
Available
ROI
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Investment Period: 5 years
Yearly Return on Investment in Year 5
20.76%
Cumulative Return on Investment in Year 5
98.63%
Property Price at the End of Year 5
$934,000
Deposit Schedule
$5,000 at Signing
Total up to 5% in 30 days
$36,250
2.5% in 90 days
$18,125
2.5% in 210 days
$18,125
2.5% in 420 days
$18,125
7.5% on Occupancy
$54,374
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 | $38,000 | $40,000 | $42,000 | $44,000 | $46,000 | $49,000 | $51,000 | $54,000 | $57,000 | $59,000 | $478,000 |
rent income | - | - | $22,000 | $23,000 | $24,000 | $25,000 | $26,000 | $27,000 | $29,000 | $30,000 | $206,000 |
mortgage principal reduction | - | - | $9,000 | $9,000 | $10,000 | $10,000 | $11,000 | $11,000 | $12,000 | $12,000 | $85,000 |
deposit interest | -$427 | $5,000 | - | - | - | - | - | - | - | - | $5,000 |
gst hst rebate | - | - | $24,000 | - | - | - | - | - | - | - | $24,000 |
total income return | $37,000 | $45,000 | $97,000 | $76,000 | $80,000 | $84,000 | $88,000 | $92,000 | $97,000 | $102,000 | $799,000 |
Expense/ Investment
Category | Y1 | Y2 | Y3 | Y4 | Y5 | Y6 | Y7 | Y8 | Y9 | Y10 | Total |
---|---|---|---|---|---|---|---|---|---|---|---|
deposit | $72,000 | $72,000 | - | - | - | - | - | - | - | - | $145,000 |
remaining balance payment | - | - | - | - | - | - | - | - | - | - | - |
closing cost | - | $62,000 | - | - | - | - | - | - | - | - | $62,000 |
operating expense | - | - | $10,000 | $10,000 | $10,000 | $10,000 | $11,000 | $11,000 | $11,000 | $11,000 | $84,000 |
mortgage payment | - | - | $36,000 | $36,000 | $36,000 | $36,000 | $36,000 | $36,000 | $36,000 | $36,000 | $290,000 |
total expense investment | $72,000 | $135,000 | $46,000 | $46,000 | $46,000 | $47,000 | $47,000 | $47,000 | $47,000 | $48,000 | $582,000 |
Other
Category | Y1 | Y2 | Y3 | Y4 | Y5 | Y6 | Y7 | Y8 | Y9 | Y10 | Total |
---|---|---|---|---|---|---|---|---|---|---|---|
net gain loss | -$35,334 | -$89,988 | $51,000 | $30,000 | $34,000 | $37,000 | $41,000 | $45,000 | $50,000 | $54,000 | $217,000 |
cumulative roi | $52 | $41 | $70 | $85 | $99 | $112 | $124 | $136 | $148 | $161 | $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