Suite number:
519 - Forest Hill 615
Project:
Address:
Toronto, Ontario
Developer:
Parallax Development Corporation
Property type:
condo
Floor plan:
Bathrooms:
2
Bedrooms:
1.5
Size:
615 sqft
Occupancy Date:
Jan 2026
Price, CAD
$1,036,990
Available
ROI
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Investment Period: 5 years
Yearly Return on Investment in Year 5
17.80%
Cumulative Return on Investment in Year 5
84.66%
Property Price at the End of Year 5
$1,336,000
Deposit Schedule
$10,000 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 | $54,000 | $57,000 | $60,000 | $63,000 | $66,000 | $69,000 | $73,000 | $77,000 | $81,000 | $85,000 | $684,000 |
| rent income | $11,000 | $22,000 | $23,000 | $24,000 | $25,000 | $26,000 | $27,000 | $28,000 | $29,000 | $31,000 | $246,000 |
| mortgage principal reduction | $6,000 | $13,000 | $14,000 | $14,000 | $15,000 | $16,000 | $17,000 | $17,000 | $18,000 | $19,000 | $150,000 |
| deposit interest | $259 | - | - | - | - | - | - | - | - | - | $259 |
| gst hst rebate | $24,000 | - | - | - | - | - | - | - | - | - | $24,000 |
| total income return | $95,000 | $92,000 | $96,000 | $101,000 | $106,000 | $111,000 | $117,000 | $123,000 | $129,000 | $135,000 | $1,104,000 |
Expense/ Investment
| Category | Y1 | Y2 | Y3 | Y4 | Y5 | Y6 | Y7 | Y8 | Y9 | Y10 | Total |
|---|---|---|---|---|---|---|---|---|---|---|---|
| deposit | $10,000 | - | - | - | - | - | - | - | - | - | $10,000 |
| remaining balance payment | $197,000 | - | - | - | - | - | - | - | - | - | $197,000 |
| closing cost | $75,000 | - | - | - | - | - | - | - | - | - | $75,000 |
| operating expense | $5,000 | $10,000 | $11,000 | $11,000 | $11,000 | $11,000 | $12,000 | $12,000 | $12,000 | $12,000 | $107,000 |
| mortgage payment | $26,000 | $52,000 | $52,000 | $52,000 | $52,000 | $52,000 | $52,000 | $52,000 | $52,000 | $52,000 | $493,000 |
| total expense investment | $313,000 | $62,000 | $62,000 | $63,000 | $63,000 | $63,000 | $63,000 | $64,000 | $64,000 | $64,000 | $883,000 |
Other
| Category | Y1 | Y2 | Y3 | Y4 | Y5 | Y6 | Y7 | Y8 | Y9 | Y10 | Total |
|---|---|---|---|---|---|---|---|---|---|---|---|
| net gain loss | -$218,299 | $30,000 | $34,000 | $38,000 | $43,000 | $48,000 | $53,000 | $59,000 | $65,000 | $71,000 | $222,000 |
| cumulative roi | $28 | $45 | $60 | $73 | $85 | $96 | $106 | $116 | $126 | $136 | $870 |
South Forest Hill Residences
Address: Toronto, Ontario
Price Range: $932,000 - $4,461,000
Avail. suites: 25
0—3.5 bd
416—2423 SqFt