Suite number:
1B-E
Project:
Address:
Toronto E06, Ontario
Developer:
LCH Developments / Lifestyle Custom Homes
Property type:
condo
Floor plan:
Bathrooms:
1
Bedrooms:
1
Size:
542 sqft
Occupancy Date:
Jan 2027
Price, CAD
$645,990
Available
ROI
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Investment Period: 5 years
Yearly Return on Investment in Year 5
18.98%
Cumulative Return on Investment in Year 5
91.17%
Property Price at the End of Year 5
$832,000
Deposit Schedule
$5,000 at Signing
Total up to 5% in 30 days
$32,300
2.5% in 90 days
$16,150
2.5% in 210 days
$16,150
2.5% in 420 days
$16,150
7.5% on Occupancy
$48,449
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 | $33,000 | $35,000 | $37,000 | $39,000 | $41,000 | $43,000 | $46,000 | $48,000 | $50,000 | $53,000 | $426,000 |
rent income | - | - | $13,000 | $13,000 | $14,000 | $14,000 | $15,000 | $16,000 | $16,000 | $17,000 | $118,000 |
mortgage principal reduction | - | - | $8,000 | $8,000 | $9,000 | $9,000 | $10,000 | $10,000 | $11,000 | $11,000 | $76,000 |
deposit interest | -$381 | $5,000 | - | - | - | - | - | - | - | - | $4,000 |
gst hst rebate | - | - | $24,000 | - | - | - | - | - | - | - | $24,000 |
total income return | $33,000 | $40,000 | $82,000 | $61,000 | $64,000 | $67,000 | $70,000 | $74,000 | $77,000 | $81,000 | $649,000 |
Expense/ Investment
Category | Y1 | Y2 | Y3 | Y4 | Y5 | Y6 | Y7 | Y8 | Y9 | Y10 | Total |
---|---|---|---|---|---|---|---|---|---|---|---|
deposit | $65,000 | $65,000 | - | - | - | - | - | - | - | - | $129,000 |
remaining balance payment | - | - | - | - | - | - | - | - | - | - | - |
closing cost | - | $59,000 | - | - | - | - | - | - | - | - | $59,000 |
operating expense | - | - | $8,000 | $8,000 | $8,000 | $8,000 | $8,000 | $9,000 | $9,000 | $9,000 | $67,000 |
mortgage payment | - | - | $32,000 | $32,000 | $32,000 | $32,000 | $32,000 | $32,000 | $32,000 | $32,000 | $259,000 |
total expense investment | $65,000 | $124,000 | $40,000 | $40,000 | $40,000 | $41,000 | $41,000 | $41,000 | $41,000 | $41,000 | $514,000 |
Other
Category | Y1 | Y2 | Y3 | Y4 | Y5 | Y6 | Y7 | Y8 | Y9 | Y10 | Total |
---|---|---|---|---|---|---|---|---|---|---|---|
net gain loss | -$31,484 | -$83,827 | $42,000 | $20,000 | $23,000 | $26,000 | $29,000 | $33,000 | $36,000 | $40,000 | $134,000 |
cumulative roi | $52 | $40 | $68 | $80 | $91 | $101 | $110 | $119 | $128 | $136 | $926 |
Cliffside Condos
Address: Toronto E06, Ontario
Price Range: $400,000 - $1,150,000
Avail. suites: 53
0—3.5 bd
317—1189 SqFt