Suite number:
519 - Forest Hill 615
Project:
Address:
Toronto, Ontario
Developer:
Parallax Development Corporation
Property type:
condo
Floor plan:
Bathrooms:
2
Bedrooms:
1.5
Size:
615 sqft
Occupancy Date:
Jan 2026
Price, CAD
$902,990
Available
ROI
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Investment Period: 5 years
Yearly Return on Investment in Year 5
18.18%
Cumulative Return on Investment in Year 5
87.41%
Property Price at the End of Year 5
$1,163,000
Deposit Schedule
$10,000 at Signing
Total up to 5% in 30 days
$45,150
5% in 120 days
$45,150
10% on Occupancy
$90,299
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 | $47,000 | $49,000 | $52,000 | $55,000 | $58,000 | $60,000 | $64,000 | $67,000 | $70,000 | $74,000 | $596,000 |
| rent income | $9,000 | $22,000 | $23,000 | $24,000 | $25,000 | $26,000 | $27,000 | $28,000 | $29,000 | $31,000 | $243,000 |
| mortgage principal reduction | $5,000 | $11,000 | $12,000 | $13,000 | $13,000 | $14,000 | $14,000 | $15,000 | $16,000 | $17,000 | $129,000 |
| deposit interest | $2,000 | - | - | - | - | - | - | - | - | - | $2,000 |
| gst hst rebate | $24,000 | - | - | - | - | - | - | - | - | - | $24,000 |
| total income return | $86,000 | $83,000 | $87,000 | $91,000 | $95,000 | $100,000 | $105,000 | $110,000 | $116,000 | $121,000 | $994,000 |
Expense/ Investment
| Category | Y1 | Y2 | Y3 | Y4 | Y5 | Y6 | Y7 | Y8 | Y9 | Y10 | Total |
|---|---|---|---|---|---|---|---|---|---|---|---|
| deposit | $181,000 | - | - | - | - | - | - | - | - | - | $181,000 |
| remaining balance payment | - | - | - | - | - | - | - | - | - | - | - |
| closing cost | $70,000 | - | - | - | - | - | - | - | - | - | $70,000 |
| operating expense | $4,000 | $10,000 | $10,000 | $10,000 | $11,000 | $11,000 | $11,000 | $11,000 | $12,000 | $12,000 | $102,000 |
| mortgage payment | $19,000 | $45,000 | $45,000 | $45,000 | $45,000 | $45,000 | $45,000 | $45,000 | $45,000 | $45,000 | $426,000 |
| total expense investment | $273,000 | $55,000 | $55,000 | $56,000 | $56,000 | $56,000 | $56,000 | $57,000 | $57,000 | $57,000 | $778,000 |
Other
| Category | Y1 | Y2 | Y3 | Y4 | Y5 | Y6 | Y7 | Y8 | Y9 | Y10 | Total |
|---|---|---|---|---|---|---|---|---|---|---|---|
| net gain loss | -$187,131 | $28,000 | $31,000 | $35,000 | $40,000 | $44,000 | $49,000 | $54,000 | $59,000 | $64,000 | $216,000 |
| cumulative roi | $30 | $47 | $62 | $75 | $87 | $99 | $110 | $120 | $131 | $142 | $903 |
South Forest Hill Residences
Address: Toronto, Ontario
Price Range: $850,000 - $4,461,000
Avail. suites: 26
0—3.5 bd
416—2423 SqFt