Suite number:
121 - 1F-D
Project:
Address:
Toronto, Ontario
Developer:
Aspen Ridge Homes
Property type:
condo
Floor plan:
Bathrooms:
1.5
Bedrooms:
1.5
Size:
688 sqft
Occupancy Date:
Apr 2025
Price, CAD
$929,990
Available
ROI
Want to own a unit? —
Investment Period: 5 years
Yearly Return on Investment in Year 5
18.21%
Cumulative Return on Investment in Year 5
88.14%
Property Price at the End of Year 5
$1,198,000
Deposit Schedule
$5 at Signing
Total up to 10% in 9999 days
$92,999
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 | $48,000 | $51,000 | $54,000 | $56,000 | $59,000 | $62,000 | $66,000 | $69,000 | $73,000 | $76,000 | $614,000 |
rent income | $20,000 | $25,000 | $26,000 | $27,000 | $28,000 | $29,000 | $31,000 | $32,000 | $33,000 | $35,000 | $287,000 |
mortgage principal reduction | $10,000 | $12,000 | $13,000 | $13,000 | $14,000 | $14,000 | $15,000 | $16,000 | $17,000 | $17,000 | $140,000 |
deposit interest | $351 | - | - | - | - | - | - | - | - | - | $351 |
gst hst rebate | $24,000 | - | - | - | - | - | - | - | - | - | $24,000 |
total income return | $102,000 | $88,000 | $92,000 | $96,000 | $101,000 | $106,000 | $111,000 | $117,000 | $123,000 | $129,000 | $1,065,000 |
Expense/ Investment
Category | Y1 | Y2 | Y3 | Y4 | Y5 | Y6 | Y7 | Y8 | Y9 | Y10 | Total |
---|---|---|---|---|---|---|---|---|---|---|---|
deposit | $93,000 | - | - | - | - | - | - | - | - | - | $93,000 |
remaining balance payment | $93,000 | - | - | - | - | - | - | - | - | - | $93,000 |
closing cost | $71,000 | - | - | - | - | - | - | - | - | - | $71,000 |
operating expense | $8,000 | $10,000 | $10,000 | $10,000 | $10,000 | $11,000 | $11,000 | $11,000 | $11,000 | $12,000 | $105,000 |
mortgage payment | $39,000 | $47,000 | $47,000 | $47,000 | $47,000 | $47,000 | $47,000 | $47,000 | $47,000 | $47,000 | $458,000 |
total expense investment | $303,000 | $56,000 | $57,000 | $57,000 | $57,000 | $57,000 | $58,000 | $58,000 | $58,000 | $58,000 | $819,000 |
Other
Category | Y1 | Y2 | Y3 | Y4 | Y5 | Y6 | Y7 | Y8 | Y9 | Y10 | Total |
---|---|---|---|---|---|---|---|---|---|---|---|
net gain loss | -$201,302 | $31,000 | $35,000 | $40,000 | $44,000 | $49,000 | $54,000 | $59,000 | $65,000 | $70,000 | $246,000 |
cumulative roi | $29 | $46 | $62 | $75 | $88 | $100 | $112 | $124 | $135 | $147 | $919 |
Crest at Crosstown
Address: Toronto, Ontario
Price Range: $912,000 - $2,479,000
Avail. suites: 23
1.5—4 bd
636—2724 SqFt