Suite number:
303 - Forest Hill 630
Project:
Address:
Toronto C03, Ontario
Developer:
Parallax Development Corporation
Property type:
condo
Floor plan:
Bathrooms:
1
Bedrooms:
1.5
Size:
630 sqft
Occupancy Date:
Jan 2026
Price, CAD
$1,039,990
Available
ROI
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Investment Period: 5 years
Yearly Return on Investment in Year 5
19.61%
Cumulative Return on Investment in Year 5
92.52%
Property Price at the End of Year 5
$1,340,000
Deposit Schedule
$10,000 at Signing
Total up to 5% in 45 days
$52,000
5% in 220 days
$52,000
10% on Occupancy
$103,999
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 | $54,000 | $57,000 | $60,000 | $63,000 | $66,000 | $70,000 | $73,000 | $77,000 | $81,000 | $85,000 | $686,000 |
rent income | - | $22,000 | $23,000 | $24,000 | $25,000 | $26,000 | $27,000 | $28,000 | $30,000 | $31,000 | $236,000 |
mortgage principal reduction | - | $13,000 | $13,000 | $14,000 | $15,000 | $16,000 | $16,000 | $17,000 | $18,000 | $19,000 | $141,000 |
deposit interest | $3,000 | - | - | - | - | - | - | - | - | - | $3,000 |
gst hst rebate | - | $24,000 | - | - | - | - | - | - | - | - | $24,000 |
total income return | $57,000 | $116,000 | $96,000 | $101,000 | $106,000 | $111,000 | $117,000 | $122,000 | $129,000 | $135,000 | $1,090,000 |
Expense/ Investment
Category | Y1 | Y2 | Y3 | Y4 | Y5 | Y6 | Y7 | Y8 | Y9 | Y10 | Total |
---|---|---|---|---|---|---|---|---|---|---|---|
deposit | $182,000 | $26,000 | - | - | - | - | - | - | - | - | $208,000 |
remaining balance payment | - | - | - | - | - | - | - | - | - | - | - |
closing cost | $75,000 | - | - | - | - | - | - | - | - | - | $75,000 |
operating expense | - | $10,000 | $11,000 | $11,000 | $11,000 | $11,000 | $12,000 | $12,000 | $12,000 | $12,000 | $103,000 |
mortgage payment | - | $52,000 | $52,000 | $52,000 | $52,000 | $52,000 | $52,000 | $52,000 | $52,000 | $52,000 | $469,000 |
total expense investment | $257,000 | $88,000 | $63,000 | $63,000 | $63,000 | $63,000 | $64,000 | $64,000 | $64,000 | $65,000 | $854,000 |
Other
Category | Y1 | Y2 | Y3 | Y4 | Y5 | Y6 | Y7 | Y8 | Y9 | Y10 | Total |
---|---|---|---|---|---|---|---|---|---|---|---|
net gain loss | -$199,840 | $27,000 | $34,000 | $38,000 | $43,000 | $48,000 | $53,000 | $59,000 | $64,000 | $70,000 | $236,000 |
cumulative roi | $23 | $51 | $67 | $80 | $93 | $104 | $114 | $125 | $135 | $144 | $935 |
South Forest Hill Residences
Address: Toronto C03, Ontario
Price Range: $771,000 - $1,401,000
Avail. suites: 17
0—3 bd
416—1416 SqFt