Suite number:
403
Project:
Address:
Toronto E06, Ontario
Developer:
Cliffside Home
Property type:
condo
Floor plan:
Bathrooms:
2
Bedrooms:
2
Size:
858 sqft
Occupancy Date:
Mar 2025
Price, CAD
$984,900
Available
ROI
Want to own a unit? —
Investment Period: 5 years
Yearly Return on Investment in Year 5
18.27%
Cumulative Return on Investment in Year 5
87.60%
Property Price at the End of Year 5
$1,269,000
Deposit Schedule
$5,000 at Signing
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 | $66,000 | $69,000 | $73,000 | $77,000 | $81,000 | $650,000 |
| rent income | $17,000 | $26,000 | $27,000 | $28,000 | $29,000 | $31,000 | $32,000 | $33,000 | $35,000 | $36,000 | $293,000 |
| mortgage principal reduction | $8,000 | $13,000 | $13,000 | $14,000 | $14,000 | $15,000 | $16,000 | $17,000 | $17,000 | $18,000 | $146,000 |
| deposit interest | $79 | - | - | - | - | - | - | - | - | - | $79 |
| gst hst rebate | $24,000 | - | - | - | - | - | - | - | - | - | $24,000 |
| total income return | $100,000 | $92,000 | $97,000 | $101,000 | $106,000 | $112,000 | $117,000 | $123,000 | $129,000 | $135,000 | $1,113,000 |
Expense/ Investment
| Category | Y1 | Y2 | Y3 | Y4 | Y5 | Y6 | Y7 | Y8 | Y9 | Y10 | Total |
|---|---|---|---|---|---|---|---|---|---|---|---|
| deposit | $5,000 | - | - | - | - | - | - | - | - | - | $5,000 |
| remaining balance payment | $192,000 | - | - | - | - | - | - | - | - | - | $192,000 |
| closing cost | $73,000 | - | - | - | - | - | - | - | - | - | $73,000 |
| operating expense | $7,000 | $11,000 | $11,000 | $11,000 | $12,000 | $12,000 | $12,000 | $13,000 | $13,000 | $13,000 | $115,000 |
| mortgage payment | $33,000 | $49,000 | $49,000 | $49,000 | $49,000 | $49,000 | $49,000 | $49,000 | $49,000 | $49,000 | $477,000 |
| total expense investment | $310,000 | $60,000 | $60,000 | $61,000 | $61,000 | $61,000 | $62,000 | $62,000 | $62,000 | $62,000 | $862,000 |
Other
| Category | Y1 | Y2 | Y3 | Y4 | Y5 | Y6 | Y7 | Y8 | Y9 | Y10 | Total |
|---|---|---|---|---|---|---|---|---|---|---|---|
| net gain loss | -$209,939 | $32,000 | $36,000 | $41,000 | $45,000 | $50,000 | $56,000 | $61,000 | $67,000 | $73,000 | $251,000 |
| cumulative roi | $29 | $46 | $61 | $75 | $88 | $100 | $111 | $122 | $134 | $145 | $910 |
The Cliffton
Address: Toronto E06, Ontario
Price Range: $820,000 - $1,395,000
Avail. suites: 13
1—2.5 bd
559—1400 SqFt