Suite number:
1A+D
Project:
Address:
Ajax, Ontario
Developer:
Your Home Developments
Property type:
condo
Floor plan:
Bathrooms:
1
Bedrooms:
1.5
Size:
676 sqft
Occupancy Date:
Sep 2027
Price, CAD
$769,900
Available
ROI
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Investment Period: 5 years
Yearly Return on Investment in Year 5
25.60%
Cumulative Return on Investment in Year 5
120.24%
Property Price at the End of Year 5
$992,000
Deposit Schedule
$5,000 at Signing
Total up to 2.5% in -120 days
$19,248
2.5% in 30 days
$19,248
2.5% in 33 days
$19,248
2.5% in 245 days
$19,248
2.5% in 398 days
$19,248
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 | $40,000 | $42,000 | $44,000 | $47,000 | $49,000 | $52,000 | $54,000 | $57,000 | $60,000 | $63,000 | $508,000 |
| rent income | - | - | $8,000 | $24,000 | $25,000 | $26,000 | $27,000 | $28,000 | $30,000 | $31,000 | $199,000 |
| mortgage principal reduction | - | - | $3,000 | $10,000 | $10,000 | $11,000 | $11,000 | $12,000 | $12,000 | $13,000 | $81,000 |
| deposit interest | -$1,871 | $8,000 | $3,000 | - | - | - | - | - | - | - | $9,000 |
| gst hst rebate | - | - | $24,000 | - | - | - | - | - | - | - | $24,000 |
| total income return | $38,000 | $50,000 | $82,000 | $80,000 | $84,000 | $88,000 | $93,000 | $97,000 | $102,000 | $107,000 | $821,000 |
Expense/ Investment
| Category | Y1 | Y2 | Y3 | Y4 | Y5 | Y6 | Y7 | Y8 | Y9 | Y10 | Total |
|---|---|---|---|---|---|---|---|---|---|---|---|
| deposit | $58,000 | $38,000 | $38,000 | - | - | - | - | - | - | - | $135,000 |
| remaining balance payment | - | - | - | - | - | - | - | - | - | - | - |
| closing cost | - | - | $52,000 | - | - | - | - | - | - | - | $52,000 |
| operating expense | - | - | $3,000 | $9,000 | $9,000 | $10,000 | $10,000 | $10,000 | $10,000 | $11,000 | $72,000 |
| mortgage payment | - | - | $13,000 | $39,000 | $39,000 | $39,000 | $39,000 | $39,000 | $39,000 | $39,000 | $283,000 |
| total expense investment | $58,000 | $38,000 | $107,000 | $48,000 | $48,000 | $48,000 | $48,000 | $49,000 | $49,000 | $49,000 | $542,000 |
Other
| Category | Y1 | Y2 | Y3 | Y4 | Y5 | Y6 | Y7 | Y8 | Y9 | Y10 | Total |
|---|---|---|---|---|---|---|---|---|---|---|---|
| net gain loss | -$19,692 | $11,000 | -$24,404 | $32,000 | $36,000 | $40,000 | $44,000 | $48,000 | $53,000 | $58,000 | $279,000 |
| cumulative roi | $69 | $91 | $88 | $105 | $120 | $134 | $148 | $161 | $174 | $187 | $1,000 |
Lake Pointe Condos
Address: Ajax, Ontario
Price Range: $599,000 - $1,180,000
Avail. suites: 28
1—3 bd
480—1179 SqFt