LiveEn Direct
Button CopyPathCircle CloseCircle Left ArrowArrow Down Icon GreyClosecirclecircleBurger
Image 1
$634,990

Cliffside Condos - 2340 Kingston Rd - 1b_t5 - Toronto, ON, M1N 1V2

MLS® # PB448-1B_T5

1.0 Beds

1 Bath

524 sqft

Property Features:

  • Bedrooms: 1.0
  • Bathrooms: 1.0
  • Floor Space (approx): 524

This listing content provided by Brokers PlaybookTM

Potential Investment Performance

Cumulative ROI

63.7%

Cumulative Market Appreciation

$175,436

Net Operating Income in Year 5

$6,400

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
%
$126,998
Mortgage Amount $507,992
Mortgage Payment
%
$2,635

Cash Flow Calculator

monthly
yearly
Income
Gross Rental Income
Powered By
$
Vacancy Rate
%
$
Other
$
Gross Operating Income $1,021
Operating Expenses
Management Fees
%
$
Property Tax
$
Repair Reserve
%
$
Insurance
$
Condo/Strata Fees
$
Total Operating Expenses $624
Net Operating Income $397
Debt Service
Mortgage Payment $2,635
Net Cash Flow -$2,238

Acquistion Costs

Deposit $126,994
Land Transfer Tax $18,349
Legal Fees $1,500
Adjustments $0
Development Charges $15,000
Down Payment Balance $4
Total Acquisition Costs $161,847

Deposit Schedule

With the Offer $5,000
Deposit @ 30 days $26,749
Deposit @ 90 days $15,874
Deposit @ 210 days $15,874
Deposit @ 420 days $15,874
Deposit @ 1000 days $15,874
Due on Occupancy $31,749
Total Deposit $126,994
Closing Date Jan 1, 2027

Components of Return

Potential Returns

Year 1Year 2Year 3Year 4Year 5Year 6Year 7Year 8Year 9Year 10
Investments
Deposits $63,497$47,623$15,874 - - - - - - -
Closing Costs - $34,853 - - - - - - - -
Mortgage Paydown - $644$7,934$8,316$8,715$9,134$9,573$10,034$10,516$11,021
Total $63,497$83,120$23,808$8,316$8,715$9,134$9,573$10,034$10,516$11,021
Cash Invested $63,497$146,617$170,426$178,742$187,458$196,593$206,167$216,201$226,717$237,739
Rental Cash Flows
Rent and other income - $1,021$12,305$12,834$13,386$13,962$14,562$15,188$15,841$16,523
Operating Expenses - -$624-$7,506-$7,683-$7,864-$8,049-$8,240-$8,436-$8,637-$8,843
Mortgage Payment - -$2,635-$31,629-$31,629-$31,629-$31,629-$31,629-$31,629-$31,629-$31,629
Net Cash Flow - -$2,238-$26,830-$26,477-$26,106-$25,716-$25,307-$24,876-$24,424-$23,949
Returns
Property Price Appreciation $31,749$33,336$35,003$36,754$38,591$40,521$42,547$44,674$46,908$49,253
Mortgage Paydown - $644$7,934$8,316$8,715$9,134$9,573$10,034$10,516$11,021
Net Cash Flow - -$2,238-$26,830-$26,477-$26,106-$25,716-$25,307-$24,876-$24,424-$23,949
Total Return $31,749$31,743$16,108$18,592$21,200$23,939$26,814$29,832$33,000$36,325
Cumulative Return $31,749$63,492$79,600$98,193$119,394$143,333$170,147$199,979$232,980$269,306
Investment Metrics
Cumulative ROI 50.0% 43.3% 46.7% 54.9% 63.7% 72.9% 82.5% 92.5% 102.8% 113.3%
Cash On Cash - -1.5% -15.7% -14.8% -13.9% -13.1% -12.3% -11.5% -10.8% -10.1%

Location of 1b_t5-2340 Kingston Rd, Toronto, ON, M1N 1V2

Demographic Information of 1b_t5-2340 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