Suite number:
1B-A
Project:
Address:
Toronto E06, Ontario
Developer:
LCH Developments / Lifestyle Custom Homes
Property type:
condo
Floor plan:
Bathrooms:
1
Bedrooms:
1
Size:
514 sqft
Occupancy Date:
Jan 2027
$623,990
Available
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Investment Period: 5 years
Yearly Return on Investment in Year 5
18.87%
Cumulative Return on Investment in Year 5
90.95%
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 | - | - | $12,000 | $13,000 | $13,000 | $14,000 | $14,000 | $15,000 | $15,000 | $16,000 | $112,000 |
mortgage principal reduction | - | - | $8,000 | $8,000 | $8,000 | $9,000 | $9,000 | $10,000 | $10,000 | $11,000 | $73,000 |
deposit interest | -$368 | $5,000 | - | - | - | - | - | - | - | - | $4,000 |
gst hst rebate | - | - | $24,000 | - | - | - | - | - | - | - | $24,000 |
total income return | $32,000 | $39,000 | $80,000 | $58,000 | $61,000 | $64,000 | $68,000 | $71,000 | $74,000 | $78,000 | $625,000 |
Expense/ Investment
Category | Y1 | Y2 | Y3 | Y4 | Y5 | Y6 | Y7 | Y8 | Y9 | Y10 | Total |
---|---|---|---|---|---|---|---|---|---|---|---|
deposit | $62,000 | $62,000 | - | - | - | - | - | - | - | - | $125,000 |
remaining balance payment | - | - | - | - | - | - | - | - | - | - | - |
closing cost | - | $58,000 | - | - | - | - | - | - | - | - | $58,000 |
operating expense | - | - | $7,000 | $8,000 | $8,000 | $8,000 | $8,000 | $8,000 | $8,000 | $9,000 | $64,000 |
mortgage payment | - | - | $31,000 | $31,000 | $31,000 | $31,000 | $31,000 | $31,000 | $31,000 | $31,000 | $250,000 |
total expense investment | $62,000 | $121,000 | $39,000 | $39,000 | $39,000 | $39,000 | $39,000 | $39,000 | $40,000 | $40,000 | $497,000 |
Other
Category | Y1 | Y2 | Y3 | Y4 | Y5 | Y6 | Y7 | Y8 | Y9 | Y10 | Total |
---|---|---|---|---|---|---|---|---|---|---|---|
net gain loss | -$30,412 | -$82,111 | $41,000 | $20,000 | $22,000 | $25,000 | $28,000 | $31,000 | $35,000 | $38,000 | $128,000 |
cumulative roi | $52 | $39 | $68 | $80 | $91 | $101 | $110 | $119 | $127 | $136 | $923 |
Cliffside Condos
Address: Toronto E06, Ontario
Price Range: $400,000 - $1,150,000
Avail. suites: 53
0—3.5 bd
317—1189 SqFt