Suite number:
205
Project:
Address:
Toronto E06, Ontario
Developer:
Cliffside Home
Property type:
condo
Bathrooms:
2
Bedrooms:
2
Size:
910 sqft
Occupancy Date:
Mar 2025
$969,900
Available
Want to own a unit? —
Investment Period: 5 years
Yearly Return on Investment in Year 5
18.99%
Cumulative Return on Investment in Year 5
91.16%
Property Price at the End of Year 5
$1,250,000
Deposit Schedule
$5,000 at Signing
Net Gain (Loss)
Get Expert Advice
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 | $13,000 | $13,000 | $14,000 | $15,000 | $15,000 | $16,000 | $17,000 | $18,000 | $18,000 | $148,000 |
deposit interest | $79 | - | - | - | - | - | - | - | - | - | $79 |
gst hst rebate | $24,000 | - | - | - | - | - | - | - | - | - | $24,000 |
total income return | $100,000 | $93,000 | $98,000 | $103,000 | $108,000 | $113,000 | $118,000 | $124,000 | $130,000 | $136,000 | $1,123,000 |
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 | $71,000 | - | - | - | - | - | - | - | - | - | $71,000 |
operating expense | $7,000 | $11,000 | $12,000 | $12,000 | $13,000 | $13,000 | $13,000 | $14,000 | $14,000 | $15,000 | $124,000 |
mortgage payment | $31,000 | $47,000 | $47,000 | $47,000 | $47,000 | $47,000 | $47,000 | $47,000 | $47,000 | $47,000 | $456,000 |
total expense investment | $304,000 | $59,000 | $59,000 | $59,000 | $60,000 | $60,000 | $61,000 | $61,000 | $61,000 | $62,000 | $845,000 |
Other
Category | Y1 | Y2 | Y3 | Y4 | Y5 | Y6 | Y7 | Y8 | Y9 | Y10 | Total |
---|---|---|---|---|---|---|---|---|---|---|---|
net gain loss | -$203,217 | $35,000 | $39,000 | $43,000 | $48,000 | $53,000 | $58,000 | $63,000 | $69,000 | $75,000 | $279,000 |
cumulative roi | $29 | $47 | $63 | $78 | $91 | $104 | $116 | $129 | $141 | $153 | $951 |
The Cliffton
Address: Toronto E06, Ontario
Price Range: $820,000 - $1,395,000
Avail. suites: 13
1—2.5 bd
559—1400 SqFt