Suite number:
504
Project:
Address:
Toronto E06, Ontario
Developer:
Cliffside Home
Property type:
condo
Bathrooms:
1.5
Bedrooms:
2.5
Size:
842 sqft
Occupancy Date:
Mar 2025
Price, CAD
$1,004,900
Available
ROI
Want to own a unit? —
Investment Period: 5 years
Yearly Return on Investment in Year 5
19.61%
Cumulative Return on Investment in Year 5
93.92%
Property Price at the End of Year 5
$1,295,000
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 | $52,000 | $55,000 | $58,000 | $61,000 | $64,000 | $67,000 | $71,000 | $75,000 | $78,000 | $82,000 | $663,000 |
| rent income | $20,000 | $30,000 | $32,000 | $33,000 | $34,000 | $36,000 | $38,000 | $39,000 | $41,000 | $43,000 | $345,000 |
| mortgage principal reduction | $9,000 | $13,000 | $14,000 | $15,000 | $15,000 | $16,000 | $17,000 | $17,000 | $18,000 | $19,000 | $153,000 |
| deposit interest | $79 | - | - | - | - | - | - | - | - | - | $79 |
| gst hst rebate | $24,000 | - | - | - | - | - | - | - | - | - | $24,000 |
| total income return | $104,000 | $99,000 | $104,000 | $109,000 | $114,000 | $119,000 | $125,000 | $131,000 | $137,000 | $144,000 | $1,186,000 |
Expense/ Investment
| Category | Y1 | Y2 | Y3 | Y4 | Y5 | Y6 | Y7 | Y8 | Y9 | Y10 | Total |
|---|---|---|---|---|---|---|---|---|---|---|---|
| deposit | $5,000 | - | - | - | - | - | - | - | - | - | $5,000 |
| remaining balance payment | $196,000 | - | - | - | - | - | - | - | - | - | $196,000 |
| closing cost | $72,000 | - | - | - | - | - | - | - | - | - | $72,000 |
| operating expense | $7,000 | $11,000 | $12,000 | $12,000 | $12,000 | $13,000 | $13,000 | $14,000 | $14,000 | $15,000 | $124,000 |
| mortgage payment | $33,000 | $49,000 | $49,000 | $49,000 | $49,000 | $49,000 | $49,000 | $49,000 | $49,000 | $49,000 | $473,000 |
| total expense investment | $313,000 | $60,000 | $61,000 | $61,000 | $61,000 | $62,000 | $62,000 | $63,000 | $63,000 | $63,000 | $869,000 |
Other
| Category | Y1 | Y2 | Y3 | Y4 | Y5 | Y6 | Y7 | Y8 | Y9 | Y10 | Total |
|---|---|---|---|---|---|---|---|---|---|---|---|
| net gain loss | -$208,643 | $39,000 | $43,000 | $48,000 | $52,000 | $58,000 | $63,000 | $69,000 | $74,000 | $81,000 | $317,000 |
| cumulative roi | $29 | $48 | $64 | $80 | $94 | $108 | $121 | $134 | $148 | $161 | $987 |
The Cliffton
Address: Toronto E06, Ontario
Price Range: $820,000 - $1,395,000
Avail. suites: 13
1—2.5 bd
559—1400 SqFt