Suite number:
604
Project:
Address:
Toronto E06, Ontario
Developer:
Cliffside Home
Property type:
condo
Floor plan:
Bathrooms:
1
Bedrooms:
1.5
Size:
622 sqft
Occupancy Date:
Mar 2025
Price, CAD
$839,900
Available
ROI
Want to own a unit? —
Investment Period: 5 years
Yearly Return on Investment in Year 5
18.26%
Cumulative Return on Investment in Year 5
88.53%
Property Price at the End of Year 5
$1,082,000
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 | $44,000 | $46,000 | $48,000 | $51,000 | $53,000 | $56,000 | $59,000 | $62,000 | $66,000 | $69,000 | $554,000 |
rent income | $14,000 | $22,000 | $23,000 | $24,000 | $25,000 | $26,000 | $28,000 | $29,000 | $30,000 | $31,000 | $254,000 |
mortgage principal reduction | $7,000 | $11,000 | $11,000 | $12,000 | $12,000 | $13,000 | $14,000 | $14,000 | $15,000 | $16,000 | $124,000 |
deposit interest | $79 | - | - | - | - | - | - | - | - | - | $79 |
gst hst rebate | $24,000 | - | - | - | - | - | - | - | - | - | $24,000 |
total income return | $89,000 | $79,000 | $83,000 | $87,000 | $91,000 | $96,000 | $100,000 | $105,000 | $110,000 | $116,000 | $956,000 |
Expense/ Investment
Category | Y1 | Y2 | Y3 | Y4 | Y5 | Y6 | Y7 | Y8 | Y9 | Y10 | Total |
---|---|---|---|---|---|---|---|---|---|---|---|
deposit | $5,000 | - | - | - | - | - | - | - | - | - | $5,000 |
remaining balance payment | $163,000 | - | - | - | - | - | - | - | - | - | $163,000 |
closing cost | $67,000 | - | - | - | - | - | - | - | - | - | $67,000 |
operating expense | $6,000 | $9,000 | $9,000 | $9,000 | $9,000 | $9,000 | $10,000 | $10,000 | $10,000 | $10,000 | $91,000 |
mortgage payment | $28,000 | $42,000 | $42,000 | $42,000 | $42,000 | $42,000 | $42,000 | $42,000 | $42,000 | $42,000 | $407,000 |
total expense investment | $269,000 | $51,000 | $51,000 | $51,000 | $51,000 | $52,000 | $52,000 | $52,000 | $52,000 | $52,000 | $733,000 |
Other
Category | Y1 | Y2 | Y3 | Y4 | Y5 | Y6 | Y7 | Y8 | Y9 | Y10 | Total |
---|---|---|---|---|---|---|---|---|---|---|---|
net gain loss | -$179,760 | $28,000 | $32,000 | $36,000 | $40,000 | $44,000 | $49,000 | $53,000 | $58,000 | $63,000 | $224,000 |
cumulative roi | $30 | $47 | $62 | $76 | $89 | $101 | $113 | $124 | $136 | $147 | $923 |
The Cliffton
Address: Toronto E06, Ontario
Price Range: $820,000 - $1,395,000
Avail. suites: 13
1—2.5 bd
559—1400 SqFt