Suite number:
205
Project:
Address:
Toronto E06, Ontario
Developer:
Cliffside Home
Property type:
condo
Floor plan:
Bathrooms:
2
Bedrooms:
2
Size:
910 sqft
Occupancy Date:
Mar 2025
Price, CAD
$969,900
Available
ROI
Want to own a unit? —
Investment Period: 5 years
Yearly Return on Investment in Year 5
18.54%
Cumulative Return on Investment in Year 5
88.99%
Property Price at the End of Year 5
$1,250,000
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 | $50,000 | $53,000 | $56,000 | $59,000 | $62,000 | $65,000 | $68,000 | $72,000 | $76,000 | $80,000 | $640,000 |
| rent income | $18,000 | $27,000 | $29,000 | $30,000 | $31,000 | $32,000 | $34,000 | $35,000 | $37,000 | $38,000 | $311,000 |
| mortgage principal reduction | $8,000 | $12,000 | $13,000 | $14,000 | $14,000 | $15,000 | $16,000 | $16,000 | $17,000 | $18,000 | $143,000 |
| deposit interest | $79 | - | - | - | - | - | - | - | - | - | $79 |
| gst hst rebate | $24,000 | - | - | - | - | - | - | - | - | - | $24,000 |
| total income return | $100,000 | $93,000 | $97,000 | $102,000 | $107,000 | $112,000 | $118,000 | $124,000 | $130,000 | $136,000 | $1,119,000 |
Expense/ Investment
| Category | Y1 | Y2 | Y3 | Y4 | Y5 | Y6 | Y7 | Y8 | Y9 | Y10 | Total |
|---|---|---|---|---|---|---|---|---|---|---|---|
| deposit | $5,000 | - | - | - | - | - | - | - | - | - | $5,000 |
| remaining balance payment | $189,000 | - | - | - | - | - | - | - | - | - | $189,000 |
| closing cost | $72,000 | - | - | - | - | - | - | - | - | - | $72,000 |
| operating expense | $7,000 | $11,000 | $12,000 | $12,000 | $12,000 | $12,000 | $13,000 | $13,000 | $13,000 | $14,000 | $120,000 |
| mortgage payment | $32,000 | $49,000 | $49,000 | $49,000 | $49,000 | $49,000 | $49,000 | $49,000 | $49,000 | $49,000 | $470,000 |
| total expense investment | $306,000 | $60,000 | $60,000 | $60,000 | $61,000 | $61,000 | $61,000 | $62,000 | $62,000 | $62,000 | $855,000 |
Other
| Category | Y1 | Y2 | Y3 | Y4 | Y5 | Y6 | Y7 | Y8 | Y9 | Y10 | Total |
|---|---|---|---|---|---|---|---|---|---|---|---|
| net gain loss | -$206,009 | $33,000 | $37,000 | $42,000 | $46,000 | $51,000 | $57,000 | $62,000 | $68,000 | $74,000 | $263,000 |
| cumulative roi | $29 | $46 | $62 | $76 | $89 | $101 | $113 | $125 | $137 | $149 | $929 |
The Cliffton
Address: Toronto E06, Ontario
Price Range: $820,000 - $1,395,000
Avail. suites: 13
1—2.5 bd
559—1400 SqFt