Suite number:
201
Project:
Address:
Toronto E06, Ontario
Developer:
Cliffside Home
Property type:
condo
Floor plan:
Bathrooms:
1
Bedrooms:
1
Size:
718 sqft
Occupancy Date:
Mar 2025
Price, CAD
$859,900
Available
ROI
Want to own a unit? —
Investment Period: 5 years
Yearly Return on Investment in Year 5
17.05%
Cumulative Return on Investment in Year 5
82.52%
Property Price at the End of Year 5
$1,108,000
Deposit Schedule
$5,000 at Signing
Net Gain (Loss)
Get Expert Advice
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 | $45,000 | $47,000 | $49,000 | $52,000 | $55,000 | $58,000 | $61,000 | $64,000 | $67,000 | $71,000 | $567,000 |
rent income | $11,000 | $17,000 | $18,000 | $19,000 | $20,000 | $20,000 | $21,000 | $22,000 | $23,000 | $24,000 | $196,000 |
mortgage principal reduction | $7,000 | $11,000 | $11,000 | $12,000 | $13,000 | $13,000 | $14,000 | $15,000 | $15,000 | $16,000 | $127,000 |
deposit interest | $79 | - | - | - | - | - | - | - | - | - | $79 |
gst hst rebate | $24,000 | - | - | - | - | - | - | - | - | - | $24,000 |
total income return | $87,000 | $75,000 | $79,000 | $83,000 | $87,000 | $91,000 | $96,000 | $101,000 | $106,000 | $111,000 | $915,000 |
Expense/ Investment
Category | Y1 | Y2 | Y3 | Y4 | Y5 | Y6 | Y7 | Y8 | Y9 | Y10 | Total |
---|---|---|---|---|---|---|---|---|---|---|---|
deposit | $5,000 | - | - | - | - | - | - | - | - | - | $5,000 |
remaining balance payment | $167,000 | - | - | - | - | - | - | - | - | - | $167,000 |
closing cost | $68,000 | - | - | - | - | - | - | - | - | - | $68,000 |
operating expense | $6,000 | $9,000 | $9,000 | $9,000 | $9,000 | $10,000 | $10,000 | $10,000 | $10,000 | $11,000 | $93,000 |
mortgage payment | $29,000 | $43,000 | $43,000 | $43,000 | $43,000 | $43,000 | $43,000 | $43,000 | $43,000 | $43,000 | $416,000 |
total expense investment | $274,000 | $52,000 | $52,000 | $52,000 | $53,000 | $53,000 | $53,000 | $53,000 | $53,000 | $54,000 | $749,000 |
Other
Category | Y1 | Y2 | Y3 | Y4 | Y5 | Y6 | Y7 | Y8 | Y9 | Y10 | Total |
---|---|---|---|---|---|---|---|---|---|---|---|
net gain loss | -$187,444 | $23,000 | $27,000 | $31,000 | $34,000 | $39,000 | $43,000 | $47,000 | $52,000 | $57,000 | $166,000 |
cumulative roi | $29 | $45 | $59 | $71 | $83 | $93 | $103 | $112 | $122 | $131 | $848 |
The Cliffton
Address: Toronto E06, Ontario
Price Range: $820,000 - $1,395,000
Avail. suites: 13
1—2.5 bd
559—1400 SqFt