Suite number:
1103 - Forest Hill 566
Project:
Address:
Toronto C03, Ontario
Developer:
Parallax Development Corporation
Property type:
condo
Floor plan:
Bathrooms:
1
Bedrooms:
1.5
Size:
566 sqft
Occupancy Date:
Jan 2026
Price, CAD
$992,990
Available
ROI
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Investment Period: 5 years
Yearly Return on Investment in Year 5
19.41%
Cumulative Return on Investment in Year 5
91.86%
Property Price at the End of Year 5
$1,279,000
Deposit Schedule
$10,000 at Signing
Total up to 5% in 45 days
$49,650
5% in 220 days
$49,650
10% on Occupancy
$99,299
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 | $51,000 | $54,000 | $57,000 | $60,000 | $63,000 | $67,000 | $70,000 | $74,000 | $77,000 | $81,000 | $655,000 |
rent income | - | $20,000 | $21,000 | $22,000 | $22,000 | $23,000 | $24,000 | $25,000 | $27,000 | $28,000 | $212,000 |
mortgage principal reduction | - | $12,000 | $13,000 | $13,000 | $14,000 | $15,000 | $16,000 | $16,000 | $17,000 | $18,000 | $134,000 |
deposit interest | $3,000 | - | - | - | - | - | - | - | - | - | $3,000 |
gst hst rebate | - | $24,000 | - | - | - | - | - | - | - | - | $24,000 |
total income return | $55,000 | $110,000 | $91,000 | $95,000 | $100,000 | $105,000 | $110,000 | $115,000 | $121,000 | $127,000 | $1,029,000 |
Expense/ Investment
Category | Y1 | Y2 | Y3 | Y4 | Y5 | Y6 | Y7 | Y8 | Y9 | Y10 | Total |
---|---|---|---|---|---|---|---|---|---|---|---|
deposit | $174,000 | $25,000 | - | - | - | - | - | - | - | - | $199,000 |
remaining balance payment | - | - | - | - | - | - | - | - | - | - | - |
closing cost | $73,000 | - | - | - | - | - | - | - | - | - | $73,000 |
operating expense | - | $9,000 | $10,000 | $10,000 | $10,000 | $10,000 | $11,000 | $11,000 | $11,000 | $11,000 | $94,000 |
mortgage payment | - | $50,000 | $50,000 | $50,000 | $50,000 | $50,000 | $50,000 | $50,000 | $50,000 | $50,000 | $448,000 |
total expense investment | $247,000 | $84,000 | $59,000 | $60,000 | $60,000 | $60,000 | $60,000 | $61,000 | $61,000 | $61,000 | $813,000 |
Other
Category | Y1 | Y2 | Y3 | Y4 | Y5 | Y6 | Y7 | Y8 | Y9 | Y10 | Total |
---|---|---|---|---|---|---|---|---|---|---|---|
net gain loss | -$192,317 | $26,000 | $31,000 | $35,000 | $40,000 | $45,000 | $50,000 | $55,000 | $60,000 | $66,000 | $215,000 |
cumulative roi | $22 | $51 | $67 | $80 | $92 | $103 | $113 | $123 | $133 | $142 | $926 |
South Forest Hill Residences
Address: Toronto C03, Ontario
Price Range: $771,000 - $1,401,000
Avail. suites: 17
0—3 bd
416—1416 SqFt