Suite number:
601
Project:
Address:
Toronto E06, Ontario
Developer:
Cliffside Home
Property type:
condo
Floor plan:
Bathrooms:
1
Bedrooms:
1
Size:
629 sqft
Occupancy Date:
Mar 2025
Price, CAD
$819,900
Available
ROI
Want to own a unit? —
Investment Period: 5 years
Yearly Return on Investment in Year 5
16.80%
Cumulative Return on Investment in Year 5
81.57%
Property Price at the End of Year 5
$1,056,000
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 | $43,000 | $45,000 | $47,000 | $50,000 | $52,000 | $55,000 | $58,000 | $61,000 | $64,000 | $67,000 | $541,000 |
rent income | $10,000 | $15,000 | $16,000 | $16,000 | $17,000 | $18,000 | $19,000 | $19,000 | $20,000 | $21,000 | $172,000 |
mortgage principal reduction | $7,000 | $10,000 | $11,000 | $11,000 | $12,000 | $13,000 | $13,000 | $14,000 | $15,000 | $15,000 | $121,000 |
deposit interest | $79 | - | - | - | - | - | - | - | - | - | $79 |
gst hst rebate | $24,000 | - | - | - | - | - | - | - | - | - | $24,000 |
total income return | $83,000 | $70,000 | $74,000 | $78,000 | $81,000 | $85,000 | $90,000 | $94,000 | $99,000 | $104,000 | $858,000 |
Expense/ Investment
Category | Y1 | Y2 | Y3 | Y4 | Y5 | Y6 | Y7 | Y8 | Y9 | Y10 | Total |
---|---|---|---|---|---|---|---|---|---|---|---|
deposit | $5,000 | - | - | - | - | - | - | - | - | - | $5,000 |
remaining balance payment | $159,000 | - | - | - | - | - | - | - | - | - | $159,000 |
closing cost | $66,000 | - | - | - | - | - | - | - | - | - | $66,000 |
operating expense | $5,000 | $8,000 | $8,000 | $8,000 | $8,000 | $9,000 | $9,000 | $9,000 | $9,000 | $10,000 | $84,000 |
mortgage payment | $27,000 | $41,000 | $41,000 | $41,000 | $41,000 | $41,000 | $41,000 | $41,000 | $41,000 | $41,000 | $397,000 |
total expense investment | $263,000 | $49,000 | $49,000 | $49,000 | $50,000 | $50,000 | $50,000 | $50,000 | $50,000 | $51,000 | $711,000 |
Other
Category | Y1 | Y2 | Y3 | Y4 | Y5 | Y6 | Y7 | Y8 | Y9 | Y10 | Total |
---|---|---|---|---|---|---|---|---|---|---|---|
net gain loss | -$179,712 | $21,000 | $25,000 | $28,000 | $32,000 | $36,000 | $40,000 | $44,000 | $48,000 | $53,000 | $148,000 |
cumulative roi | $29 | $45 | $59 | $71 | $82 | $92 | $101 | $110 | $119 | $128 | $836 |
The Cliffton
Address: Toronto E06, Ontario
Price Range: $820,000 - $1,395,000
Avail. suites: 13
1—2.5 bd
559—1400 SqFt