Suite number:
1903 - Forest Hill 566
Project:
Address:
Toronto, Ontario
Developer:
Parallax Development Corporation
Property type:
condo
Floor plan:
Bathrooms:
1
Bedrooms:
1.5
Size:
566 sqft
Occupancy Date:
Jan 2026
Price, CAD
$998,990
Available
ROI
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Investment Period: 5 years
Yearly Return on Investment in Year 5
17.63%
Cumulative Return on Investment in Year 5
84.05%
Property Price at the End of Year 5
$1,287,000
Deposit Schedule
$10,000 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 | $57,000 | $60,000 | $64,000 | $67,000 | $70,000 | $74,000 | $78,000 | $82,000 | $659,000 |
rent income | $10,000 | $20,000 | $21,000 | $22,000 | $23,000 | $24,000 | $25,000 | $26,000 | $27,000 | $28,000 | $226,000 |
mortgage principal reduction | $6,000 | $13,000 | $13,000 | $14,000 | $15,000 | $15,000 | $16,000 | $17,000 | $18,000 | $18,000 | $145,000 |
deposit interest | $259 | - | - | - | - | - | - | - | - | - | $259 |
gst hst rebate | $24,000 | - | - | - | - | - | - | - | - | - | $24,000 |
total income return | $92,000 | $87,000 | $92,000 | $96,000 | $101,000 | $106,000 | $111,000 | $117,000 | $123,000 | $129,000 | $1,054,000 |
Expense/ Investment
Category | Y1 | Y2 | Y3 | Y4 | Y5 | Y6 | Y7 | Y8 | Y9 | Y10 | Total |
---|---|---|---|---|---|---|---|---|---|---|---|
deposit | $10,000 | - | - | - | - | - | - | - | - | - | $10,000 |
remaining balance payment | $190,000 | - | - | - | - | - | - | - | - | - | $190,000 |
closing cost | $73,000 | - | - | - | - | - | - | - | - | - | $73,000 |
operating expense | $5,000 | $10,000 | $10,000 | $10,000 | $10,000 | $11,000 | $11,000 | $11,000 | $11,000 | $12,000 | $100,000 |
mortgage payment | $25,000 | $50,000 | $50,000 | $50,000 | $50,000 | $50,000 | $50,000 | $50,000 | $50,000 | $50,000 | $475,000 |
total expense investment | $303,000 | $60,000 | $60,000 | $60,000 | $60,000 | $61,000 | $61,000 | $61,000 | $61,000 | $62,000 | $848,000 |
Other
Category | Y1 | Y2 | Y3 | Y4 | Y5 | Y6 | Y7 | Y8 | Y9 | Y10 | Total |
---|---|---|---|---|---|---|---|---|---|---|---|
net gain loss | -$210,946 | $28,000 | $32,000 | $36,000 | $41,000 | $46,000 | $51,000 | $56,000 | $61,000 | $67,000 | $206,000 |
cumulative roi | $28 | $45 | $60 | $73 | $84 | $95 | $105 | $115 | $124 | $134 | $863 |
South Forest Hill Residences
Address: Toronto, Ontario
Price Range: $932,000 - $4,461,000
Avail. suites: 25
0—3.5 bd
416—2423 SqFt