Suite number:
1917 - Forest Hill 550
Project:
Address:
Toronto, Ontario
Developer:
Parallax Development Corporation
Property type:
condo
Floor plan:
Bathrooms:
1
Bedrooms:
1.5
Size:
550 sqft
Occupancy Date:
Jan 2026
Price, CAD
$957,990
Available
ROI
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Investment Period: 5 years
Yearly Return on Investment in Year 5
17.61%
Cumulative Return on Investment in Year 5
84.18%
Property Price at the End of Year 5
$1,234,000
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 | $50,000 | $52,000 | $55,000 | $58,000 | $61,000 | $64,000 | $68,000 | $71,000 | $75,000 | $79,000 | $632,000 |
rent income | $10,000 | $20,000 | $20,000 | $21,000 | $22,000 | $23,000 | $24,000 | $25,000 | $26,000 | $27,000 | $220,000 |
mortgage principal reduction | $6,000 | $12,000 | $13,000 | $13,000 | $14,000 | $15,000 | $15,000 | $16,000 | $17,000 | $18,000 | $139,000 |
deposit interest | $259 | - | - | - | - | - | - | - | - | - | $259 |
gst hst rebate | $24,000 | - | - | - | - | - | - | - | - | - | $24,000 |
total income return | $89,000 | $84,000 | $88,000 | $93,000 | $97,000 | $102,000 | $107,000 | $112,000 | $118,000 | $124,000 | $1,015,000 |
Expense/ Investment
Category | Y1 | Y2 | Y3 | Y4 | Y5 | Y6 | Y7 | Y8 | Y9 | Y10 | Total |
---|---|---|---|---|---|---|---|---|---|---|---|
deposit | $10,000 | - | - | - | - | - | - | - | - | - | $10,000 |
remaining balance payment | $182,000 | - | - | - | - | - | - | - | - | - | $182,000 |
closing cost | $72,000 | - | - | - | - | - | - | - | - | - | $72,000 |
operating expense | $5,000 | $9,000 | $10,000 | $10,000 | $10,000 | $10,000 | $10,000 | $11,000 | $11,000 | $11,000 | $97,000 |
mortgage payment | $24,000 | $48,000 | $48,000 | $48,000 | $48,000 | $48,000 | $48,000 | $48,000 | $48,000 | $48,000 | $456,000 |
total expense investment | $292,000 | $57,000 | $58,000 | $58,000 | $58,000 | $58,000 | $58,000 | $59,000 | $59,000 | $59,000 | $816,000 |
Other
Category | Y1 | Y2 | Y3 | Y4 | Y5 | Y6 | Y7 | Y8 | Y9 | Y10 | Total |
---|---|---|---|---|---|---|---|---|---|---|---|
net gain loss | -$202,581 | $27,000 | $31,000 | $35,000 | $39,000 | $44,000 | $49,000 | $54,000 | $59,000 | $65,000 | $199,000 |
cumulative roi | $29 | $46 | $60 | $73 | $84 | $95 | $105 | $115 | $125 | $134 | $865 |
South Forest Hill Residences
Address: Toronto, Ontario
Price Range: $932,000 - $4,461,000
Avail. suites: 25
0—3.5 bd
416—2423 SqFt