Suite number:
1B-D
Project:
Address:
Toronto E06, Ontario
Developer:
LCH Developments / Lifestyle Custom Homes
Property type:
condo
Bathrooms:
1
Bedrooms:
1
Size:
544 sqft
Occupancy Date:
Jan 2027
$646,990
Available
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Investment Period: 5 years
Yearly Return on Investment in Year 5
20.02%
Cumulative Return on Investment in Year 5
96.89%
Property Price at the End of Year 5
$834,000
Deposit Schedule
$5,000 at Signing
Total up to 5% in 30 days
$32,350
2.5% in 90 days
$16,175
2.5% in 210 days
$16,175
2.5% in 420 days
$16,175
7.5% on Occupancy
$48,524
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 | $34,000 | $35,000 | $37,000 | $39,000 | $41,000 | $43,000 | $46,000 | $48,000 | $50,000 | $53,000 | $427,000 |
rent income | - | - | $11,000 | $13,000 | $14,000 | $14,000 | $15,000 | $16,000 | $16,000 | $17,000 | $116,000 |
mortgage principal reduction | - | - | $7,000 | $9,000 | $9,000 | $9,000 | $10,000 | $10,000 | $11,000 | $11,000 | $77,000 |
deposit interest | $3,000 | $5,000 | $466 | - | - | - | - | - | - | - | $8,000 |
gst hst rebate | - | - | $24,000 | - | - | - | - | - | - | - | $24,000 |
total income return | $36,000 | $40,000 | $79,000 | $61,000 | $64,000 | $67,000 | $70,000 | $74,000 | $78,000 | $81,000 | $651,000 |
Expense/ Investment
Category | Y1 | Y2 | Y3 | Y4 | Y5 | Y6 | Y7 | Y8 | Y9 | Y10 | Total |
---|---|---|---|---|---|---|---|---|---|---|---|
deposit | $65,000 | $16,000 | $49,000 | - | - | - | - | - | - | - | $129,000 |
remaining balance payment | - | - | - | - | - | - | - | - | - | - | - |
closing cost | - | - | $58,000 | - | - | - | - | - | - | - | $58,000 |
operating expense | - | - | $6,000 | $8,000 | $8,000 | $8,000 | $9,000 | $9,000 | $9,000 | $10,000 | $68,000 |
mortgage payment | - | - | $26,000 | $31,000 | $31,000 | $31,000 | $31,000 | $31,000 | $31,000 | $31,000 | $247,000 |
total expense investment | $65,000 | $16,000 | $139,000 | $39,000 | $40,000 | $40,000 | $40,000 | $40,000 | $41,000 | $41,000 | $501,000 |
Other
Category | Y1 | Y2 | Y3 | Y4 | Y5 | Y6 | Y7 | Y8 | Y9 | Y10 | Total |
---|---|---|---|---|---|---|---|---|---|---|---|
net gain loss | -$28,328 | $24,000 | -$59,805 | $22,000 | $24,000 | $27,000 | $30,000 | $33,000 | $37,000 | $40,000 | $150,000 |
cumulative roi | $56 | $95 | $73 | $86 | $97 | $107 | $116 | $125 | $134 | $143 | $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