LiveEn Direct
Button CopyPathCircle CloseCircle Left ArrowArrow Down Icon GreyClosecirclecircleBurger
Image 1
$623,990

Cliffside Condos - 2340 Kingston Rd - 1b_a - Toronto, ON, M1N 1V2

MLS® # PB448-1B_A

1.0 Beds

1 Bath

514 sqft

Property Features:

  • Bedrooms: 1.0
  • Bathrooms: 1.0
  • Floor Space (approx): 514

This listing content provided by Brokers PlaybookTM

Potential Investment Performance

Cumulative ROI

63.6%

Cumulative Market Appreciation

$172,396

Net Operating Income in Year 5

$6,265

Cash on Cash Return in Year 5

-13.9%

Assumptions

The information below is based on user inputs and general assumptions for informational purposes only. The outputs are not legal, financial, investment, or other advice. Review all fields for accuracy and consult an agent for guidance.

Mortgage Calculator

Mortgage
Purchase Price
$
Down Payment
%
$124,798
Mortgage Amount $499,192
Mortgage Payment
%
$2,590

Cash Flow Calculator

monthly
yearly
Income
Gross Rental Income
Powered By
$
Vacancy Rate
%
$
Other
$
Gross Operating Income $1,002
Operating Expenses
Management Fees
%
$
Property Tax
$
Repair Reserve
%
$
Insurance
$
Condo/Strata Fees
$
Total Operating Expenses $613
Net Operating Income $388
Debt Service
Mortgage Payment $2,590
Net Cash Flow -$2,201

Acquistion Costs

Deposit $124,794
Land Transfer Tax $17,909
Legal Fees $1,500
Adjustments $0
Development Charges $15,000
Down Payment Balance $4
Total Acquisition Costs $159,207

Deposit Schedule

With the Offer $5,000
Deposit @ 30 days $26,199
Deposit @ 90 days $15,599
Deposit @ 210 days $15,599
Deposit @ 420 days $15,599
Deposit @ 1000 days $15,599
Due on Occupancy $31,199
Total Deposit $124,794
Closing Date Jan 1, 2027

Components of Return

Potential Returns

Year 1Year 2Year 3Year 4Year 5Year 6Year 7Year 8Year 9Year 10
Investments
Deposits $62,397$46,798$15,599 - - - - - - -
Closing Costs - $34,413 - - - - - - - -
Mortgage Paydown - $633$7,797$8,172$8,564$8,976$9,408$9,860$10,334$10,830
Total $62,397$81,844$23,396$8,172$8,564$8,976$9,408$9,860$10,334$10,830
Cash Invested $62,397$144,241$167,637$175,809$184,374$193,351$202,759$212,619$222,953$233,784
Rental Cash Flows
Rent and other income - $1,002$12,070$12,589$13,131$13,695$14,284$14,898$15,539$16,207
Operating Expenses - -$613-$7,375-$7,549-$7,726-$7,909-$8,096-$8,288-$8,486-$8,688
Mortgage Payment - -$2,590-$31,081-$31,081-$31,081-$31,081-$31,081-$31,081-$31,081-$31,081
Net Cash Flow - -$2,201-$26,386-$26,040-$25,676-$25,294-$24,893-$24,471-$24,027-$23,562
Returns
Property Price Appreciation $31,199$32,759$34,397$36,117$37,923$39,819$41,810$43,900$46,095$48,400
Mortgage Paydown - $633$7,797$8,172$8,564$8,976$9,408$9,860$10,334$10,830
Net Cash Flow - -$2,201-$26,386-$26,040-$25,676-$25,294-$24,893-$24,471-$24,027-$23,562
Total Return $31,199$31,191$15,808$18,248$20,811$23,501$26,325$29,289$32,402$35,669
Cumulative Return $31,199$62,391$78,199$96,448$117,259$140,760$167,086$196,376$228,778$264,447
Investment Metrics
Cumulative ROI 50.0% 43.3% 46.6% 54.9% 63.6% 72.8% 82.4% 92.4% 102.6% 113.1%
Cash On Cash - -1.5% -15.7% -14.8% -13.9% -13.1% -12.3% -11.5% -10.8% -10.1%

Location of 1b_a-2340 Kingston Rd, Toronto, ON, M1N 1V2

Demographic Information of 1b_a-2340 Kingston Rd, Toronto, ON, M1N 1V2

Life Stage

Young Couples

Employment Type

Blue Collar/Primary, Blue Collar/Service Sector

Average Household Income

$115,249.25

Average Number of Children

1.56

Household Population

Household Structure

Age of Population

Education

Education Level

No certificate/diploma/degree

19.01 %

High school certificate or equivalent

28.04 %

Apprenticeship trade certificate/diploma

4.98 %

College/non-university certificate

21.43 %

University certificate (below bachelor)

0.72 %

University Degree

25.82 %

Commuter

Travel To Work

By Car

67.05 %

By Public Transit

19.03 %

By Walking

5.13 %

By Bicycle

1.02 %

By Other Methods

7.77 %

Cultural Diversity

Knowledge of Official Language

Mother Tongue

Building Information

Building Type

Apartments (Low and High Rise)

46.98 %

Houses

53.02 %

Own Vs. Rent