Suite number:
601
Project:
Address:
Toronto E06, Ontario
Developer:
Cliffside Home
Property type:
condo
Bathrooms:
1
Bedrooms:
1
Size:
629 sqft
Occupancy Date:
Mar 2025
$819,900
Available
Want to own a unit? —
Investment Period: 5 years
Yearly Return on Investment in Year 5
17.19%
Cumulative Return on Investment in Year 5
83.49%
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 | $11,000 | $11,000 | $12,000 | $12,000 | $13,000 | $14,000 | $14,000 | $15,000 | $16,000 | $125,000 |
deposit interest | $79 | - | - | - | - | - | - | - | - | - | $79 |
gst hst rebate | $24,000 | - | - | - | - | - | - | - | - | - | $24,000 |
total income return | $83,000 | $71,000 | $74,000 | $78,000 | $82,000 | $86,000 | $90,000 | $95,000 | $99,000 | $104,000 | $862,000 |
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 | $65,000 | - | - | - | - | - | - | - | - | - | $65,000 |
operating expense | $5,000 | $8,000 | $8,000 | $8,000 | $9,000 | $9,000 | $9,000 | $10,000 | $10,000 | $10,000 | $87,000 |
mortgage payment | $27,000 | $40,000 | $40,000 | $40,000 | $40,000 | $40,000 | $40,000 | $40,000 | $40,000 | $40,000 | $386,000 |
total expense investment | $261,000 | $48,000 | $48,000 | $48,000 | $49,000 | $49,000 | $49,000 | $50,000 | $50,000 | $50,000 | $701,000 |
Other
Category | Y1 | Y2 | Y3 | Y4 | Y5 | Y6 | Y7 | Y8 | Y9 | Y10 | Total |
---|---|---|---|---|---|---|---|---|---|---|---|
net gain loss | -$177,120 | $23,000 | $26,000 | $30,000 | $33,000 | $37,000 | $41,000 | $45,000 | $49,000 | $54,000 | $161,000 |
cumulative roi | $30 | $46 | $60 | $72 | $83 | $94 | $104 | $113 | $122 | $131 | $855 |
The Cliffton
Address: Toronto E06, Ontario
Price Range: $820,000 - $1,395,000
Avail. suites: 13
1—2.5 bd
559—1400 SqFt