Suite number:
1B-B
Project:
Address:
Toronto E06, Ontario
Developer:
LCH Developments / Lifestyle Custom Homes
Property type:
condo
Bathrooms:
1
Bedrooms:
1
Size:
576 sqft
Occupancy Date:
Jan 2027
$677,990
Available
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Investment Period: 5 years
Yearly Return on Investment in Year 5
20.88%
Cumulative Return on Investment in Year 5
100.09%
Property Price at the End of Year 5
$873,000
Deposit Schedule
$5,000 at Signing
Total up to 5% in 30 days
$33,900
2.5% in 90 days
$16,950
2.5% in 210 days
$16,950
2.5% in 420 days
$16,950
7.5% on Occupancy
$50,849
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 | $35,000 | $37,000 | $39,000 | $41,000 | $43,000 | $45,000 | $48,000 | $50,000 | $53,000 | $56,000 | $447,000 |
rent income | - | - | $11,000 | $14,000 | $15,000 | $15,000 | $16,000 | $17,000 | $17,000 | $18,000 | $123,000 |
mortgage principal reduction | - | - | $8,000 | $10,000 | $10,000 | $11,000 | $11,000 | $12,000 | $12,000 | $13,000 | $86,000 |
deposit interest | $3,000 | $5,000 | $657 | - | - | - | - | - | - | - | $9,000 |
gst hst rebate | - | - | $24,000 | - | - | - | - | - | - | - | $24,000 |
total income return | $38,000 | $42,000 | $83,000 | $65,000 | $68,000 | $71,000 | $75,000 | $78,000 | $82,000 | $86,000 | $689,000 |
Expense/ Investment
Category | Y1 | Y2 | Y3 | Y4 | Y5 | Y6 | Y7 | Y8 | Y9 | Y10 | Total |
---|---|---|---|---|---|---|---|---|---|---|---|
deposit | $68,000 | $17,000 | $51,000 | - | - | - | - | - | - | - | $136,000 |
remaining balance payment | - | - | - | - | - | - | - | - | - | - | - |
closing cost | - | - | $59,000 | - | - | - | - | - | - | - | $59,000 |
operating expense | - | - | $7,000 | $8,000 | $9,000 | $9,000 | $9,000 | $10,000 | $10,000 | $10,000 | $71,000 |
mortgage payment | - | - | $26,000 | $31,000 | $31,000 | $31,000 | $31,000 | $31,000 | $31,000 | $31,000 | $243,000 |
total expense investment | $68,000 | $17,000 | $143,000 | $39,000 | $40,000 | $40,000 | $40,000 | $41,000 | $41,000 | $41,000 | $510,000 |
Other
Category | Y1 | Y2 | Y3 | Y4 | Y5 | Y6 | Y7 | Y8 | Y9 | Y10 | Total |
---|---|---|---|---|---|---|---|---|---|---|---|
net gain loss | -$29,686 | $25,000 | -$59,801 | $25,000 | $28,000 | $31,000 | $34,000 | $38,000 | $41,000 | $45,000 | $179,000 |
cumulative roi | $56 | $95 | $74 | $88 | $100 | $111 | $122 | $132 | $141 | $151 | $1,000 |
Cliffside Condos
Address: Toronto E06, Ontario
Price Range: $400,000 - $1,150,000
Avail. suites: 53
0—3.5 bd
317—1189 SqFt