Suite number:
1B-A
Project:
Address:
Toronto E06, Ontario
Developer:
LCH Developments / Lifestyle Custom Homes
Property type:
condo
Bathrooms:
1
Bedrooms:
1
Size:
514 sqft
Occupancy Date:
Jan 2027
Price, CAD
$623,990
Available
ROI
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Investment Period: 5 years
Yearly Return on Investment in Year 5
19.47%
Cumulative Return on Investment in Year 5
93.46%
Property Price at the End of Year 5
$804,000
Deposit Schedule
$5,000 at Signing
Total up to 5% in 30 days
$31,200
2.5% in 90 days
$15,600
2.5% in 210 days
$15,600
2.5% in 420 days
$15,600
7.5% on Occupancy
$46,799
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 | $32,000 | $34,000 | $36,000 | $38,000 | $40,000 | $42,000 | $44,000 | $46,000 | $49,000 | $51,000 | $412,000 |
| rent income | - | - | $11,000 | $13,000 | $13,000 | $14,000 | $14,000 | $15,000 | $15,000 | $16,000 | $111,000 |
| mortgage principal reduction | - | - | $7,000 | $8,000 | $9,000 | $9,000 | $10,000 | $10,000 | $11,000 | $11,000 | $75,000 |
| deposit interest | -$539 | $5,000 | $333 | - | - | - | - | - | - | - | $4,000 |
| gst hst rebate | - | - | $24,000 | - | - | - | - | - | - | - | $24,000 |
| total income return | $32,000 | $39,000 | $79,000 | $59,000 | $62,000 | $65,000 | $68,000 | $71,000 | $75,000 | $78,000 | $626,000 |
Expense/ Investment
| Category | Y1 | Y2 | Y3 | Y4 | Y5 | Y6 | Y7 | Y8 | Y9 | Y10 | Total |
|---|---|---|---|---|---|---|---|---|---|---|---|
| deposit | $62,000 | $16,000 | $47,000 | - | - | - | - | - | - | - | $125,000 |
| remaining balance payment | - | - | - | - | - | - | - | - | - | - | - |
| closing cost | - | - | $57,000 | - | - | - | - | - | - | - | $57,000 |
| operating expense | - | - | $7,000 | $8,000 | $8,000 | $8,000 | $8,000 | $9,000 | $9,000 | $9,000 | $65,000 |
| mortgage payment | - | - | $28,000 | $30,000 | $30,000 | $30,000 | $30,000 | $30,000 | $30,000 | $30,000 | $240,000 |
| total expense investment | $62,000 | $16,000 | $138,000 | $38,000 | $38,000 | $38,000 | $39,000 | $39,000 | $39,000 | $39,000 | $487,000 |
Other
| Category | Y1 | Y2 | Y3 | Y4 | Y5 | Y6 | Y7 | Y8 | Y9 | Y10 | Total |
|---|---|---|---|---|---|---|---|---|---|---|---|
| net gain loss | -$30,583 | $23,000 | -$59,648 | $21,000 | $23,000 | $26,000 | $29,000 | $32,000 | $35,000 | $39,000 | $139,000 |
| cumulative roi | $52 | $91 | $70 | $82 | $93 | $104 | $113 | $122 | $131 | $139 | $997 |
Cliffside Condos
Address: Toronto E06, Ontario
Price Range: $400,000 - $1,150,000
Avail. suites: 53
0—3.5 bd
317—1189 SqFt