Suite number:
204
Project:
Address:
Toronto E06, Ontario
Developer:
Cliffside Home
Property type:
condo
Bathrooms:
2
Bedrooms:
2.5
Size:
1100 sqft
Occupancy Date:
Mar 2025
$1,154,900
Available
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Investment Period: 5 years
Yearly Return on Investment in Year 5
20.57%
Cumulative Return on Investment in Year 5
97.70%
Property Price at the End of Year 5
$1,488,000
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 | $60,000 | $63,000 | $66,000 | $70,000 | $74,000 | $77,000 | $81,000 | $86,000 | $90,000 | $95,000 | $762,000 |
rent income | $26,000 | $40,000 | $41,000 | $43,000 | $45,000 | $47,000 | $49,000 | $51,000 | $53,000 | $56,000 | $451,000 |
mortgage principal reduction | $10,000 | $15,000 | $16,000 | $17,000 | $18,000 | $18,000 | $19,000 | $20,000 | $21,000 | $22,000 | $176,000 |
deposit interest | $79 | - | - | - | - | - | - | - | - | - | $79 |
gst hst rebate | $24,000 | - | - | - | - | - | - | - | - | - | $24,000 |
total income return | $120,000 | $118,000 | $124,000 | $130,000 | $136,000 | $143,000 | $150,000 | $157,000 | $164,000 | $172,000 | $1,414,000 |
Expense/ Investment
Category | Y1 | Y2 | Y3 | Y4 | Y5 | Y6 | Y7 | Y8 | Y9 | Y10 | Total |
---|---|---|---|---|---|---|---|---|---|---|---|
deposit | $5,000 | - | - | - | - | - | - | - | - | - | $5,000 |
remaining balance payment | $226,000 | - | - | - | - | - | - | - | - | - | $226,000 |
closing cost | $78,000 | - | - | - | - | - | - | - | - | - | $78,000 |
operating expense | $9,000 | $14,000 | $15,000 | $15,000 | $16,000 | $16,000 | $17,000 | $17,000 | $18,000 | $18,000 | $156,000 |
mortgage payment | $37,000 | $56,000 | $56,000 | $56,000 | $56,000 | $56,000 | $56,000 | $56,000 | $56,000 | $56,000 | $543,000 |
total expense investment | $356,000 | $71,000 | $71,000 | $71,000 | $72,000 | $72,000 | $73,000 | $74,000 | $74,000 | $75,000 | $1,008,000 |
Other
Category | Y1 | Y2 | Y3 | Y4 | Y5 | Y6 | Y7 | Y8 | Y9 | Y10 | Total |
---|---|---|---|---|---|---|---|---|---|---|---|
net gain loss | -$236,362 | $48,000 | $53,000 | $58,000 | $64,000 | $70,000 | $77,000 | $83,000 | $90,000 | $98,000 | $406,000 |
cumulative roi | $29 | $48 | $66 | $82 | $98 | $113 | $128 | $143 | $158 | $174 | $1,000 |
The Cliffton
Address: Toronto E06, Ontario
Price Range: $820,000 - $1,395,000
Avail. suites: 13
1—2.5 bd
559—1400 SqFt