Suite number:
503
Project:
Address:
Toronto E06, Ontario
Developer:
Cliffside Home
Property type:
condo
Bathrooms:
1
Bedrooms:
2
Size:
785 sqft
Occupancy Date:
Mar 2025
Price, CAD
$919,900
Available
ROI
Want to own a unit? —
Investment Period: 5 years
Yearly Return on Investment in Year 5
18.53%
Cumulative Return on Investment in Year 5
89.25%
Property Price at the End of Year 5
$1,185,000
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 | $48,000 | $50,000 | $53,000 | $56,000 | $59,000 | $62,000 | $65,000 | $68,000 | $72,000 | $75,000 | $607,000 |
| rent income | $15,000 | $24,000 | $25,000 | $26,000 | $27,000 | $28,000 | $29,000 | $30,000 | $32,000 | $33,000 | $268,000 |
| mortgage principal reduction | $8,000 | $12,000 | $13,000 | $13,000 | $14,000 | $15,000 | $15,000 | $16,000 | $17,000 | $18,000 | $141,000 |
| deposit interest | $79 | - | - | - | - | - | - | - | - | - | $79 |
| gst hst rebate | $24,000 | - | - | - | - | - | - | - | - | - | $24,000 |
| total income return | $95,000 | $86,000 | $90,000 | $95,000 | $99,000 | $104,000 | $109,000 | $115,000 | $120,000 | $126,000 | $1,040,000 |
Expense/ Investment
| Category | Y1 | Y2 | Y3 | Y4 | Y5 | Y6 | Y7 | Y8 | Y9 | Y10 | Total |
|---|---|---|---|---|---|---|---|---|---|---|---|
| deposit | $5,000 | - | - | - | - | - | - | - | - | - | $5,000 |
| remaining balance payment | $179,000 | - | - | - | - | - | - | - | - | - | $179,000 |
| closing cost | $69,000 | - | - | - | - | - | - | - | - | - | $69,000 |
| operating expense | $7,000 | $10,000 | $10,000 | $11,000 | $11,000 | $11,000 | $12,000 | $12,000 | $13,000 | $13,000 | $110,000 |
| mortgage payment | $30,000 | $45,000 | $45,000 | $45,000 | $45,000 | $45,000 | $45,000 | $45,000 | $45,000 | $45,000 | $433,000 |
| total expense investment | $289,000 | $55,000 | $55,000 | $55,000 | $56,000 | $56,000 | $57,000 | $57,000 | $57,000 | $58,000 | $795,000 |
Other
| Category | Y1 | Y2 | Y3 | Y4 | Y5 | Y6 | Y7 | Y8 | Y9 | Y10 | Total |
|---|---|---|---|---|---|---|---|---|---|---|---|
| net gain loss | -$194,197 | $31,000 | $35,000 | $39,000 | $44,000 | $48,000 | $53,000 | $58,000 | $63,000 | $68,000 | $245,000 |
| cumulative roi | $29 | $47 | $62 | $76 | $89 | $101 | $113 | $125 | $136 | $147 | $927 |
The Cliffton
Address: Toronto E06, Ontario
Price Range: $820,000 - $1,395,000
Avail. suites: 13
1—2.5 bd
559—1400 SqFt