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
$862,990
Available
ROI
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Investment Period: 5 years
Yearly Return on Investment in Year 5
17.91%
Cumulative Return on Investment in Year 5
86.37%
Property Price at the End of Year 5
$1,112,000
Deposit Schedule
$10,000 at Signing
Total up to 5% in 30 days
$43,150
5% in 120 days
$43,150
10% on Occupancy
$86,299
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 | $45,000 | $47,000 | $50,000 | $52,000 | $55,000 | $58,000 | $61,000 | $64,000 | $67,000 | $71,000 | $570,000 |
rent income | $8,000 | $20,000 | $20,000 | $21,000 | $22,000 | $23,000 | $24,000 | $25,000 | $26,000 | $27,000 | $217,000 |
mortgage principal reduction | $4,000 | $11,000 | $11,000 | $12,000 | $13,000 | $13,000 | $14,000 | $14,000 | $15,000 | $16,000 | $123,000 |
deposit interest | $2,000 | - | - | - | - | - | - | - | - | - | $2,000 |
gst hst rebate | $24,000 | - | - | - | - | - | - | - | - | - | $24,000 |
total income return | $83,000 | $78,000 | $81,000 | $85,000 | $90,000 | $94,000 | $99,000 | $104,000 | $109,000 | $114,000 | $936,000 |
Expense/ Investment
Category | Y1 | Y2 | Y3 | Y4 | Y5 | Y6 | Y7 | Y8 | Y9 | Y10 | Total |
---|---|---|---|---|---|---|---|---|---|---|---|
deposit | $173,000 | - | - | - | - | - | - | - | - | - | $173,000 |
remaining balance payment | - | - | - | - | - | - | - | - | - | - | - |
closing cost | $68,000 | - | - | - | - | - | - | - | - | - | $68,000 |
operating expense | $4,000 | $9,000 | $9,000 | $9,000 | $10,000 | $10,000 | $10,000 | $10,000 | $11,000 | $11,000 | $93,000 |
mortgage payment | $18,000 | $43,000 | $43,000 | $43,000 | $43,000 | $43,000 | $43,000 | $43,000 | $43,000 | $43,000 | $407,000 |
total expense investment | $262,000 | $52,000 | $52,000 | $53,000 | $53,000 | $53,000 | $53,000 | $54,000 | $54,000 | $54,000 | $740,000 |
Other
Category | Y1 | Y2 | Y3 | Y4 | Y5 | Y6 | Y7 | Y8 | Y9 | Y10 | Total |
---|---|---|---|---|---|---|---|---|---|---|---|
net gain loss | -$179,627 | $25,000 | $29,000 | $33,000 | $37,000 | $41,000 | $45,000 | $50,000 | $55,000 | $60,000 | $196,000 |
cumulative roi | $30 | $47 | $62 | $75 | $86 | $97 | $108 | $118 | $128 | $139 | $890 |
South Forest Hill Residences
Address: Toronto, Ontario
Price Range: $850,000 - $4,461,000
Avail. suites: 26
0—3.5 bd
416—2423 SqFt