Suite number:
209
Project:
Address:
Toronto C01, Ontario
Developer:
Aspen Ridge Homes
Property type:
condo
Floor plan:
Bathrooms:
1.5
Bedrooms:
1
Size:
741 sqft
Occupancy Date:
Feb 2025
Price, CAD
$1,121,990
Available
ROI
Want to own a unit? —
Investment Period: 5 years
Yearly Return on Investment in Year 5
16.08%
Cumulative Return on Investment in Year 5
76.94%
Property Price at the End of Year 5
$1,445,000
Deposit Schedule
$5 at Signing
Total up to 15% in 9999 days
$168,299
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 | $58,000 | $61,000 | $65,000 | $68,000 | $71,000 | $75,000 | $79,000 | $83,000 | $88,000 | $92,000 | $740,000 |
| rent income | $14,000 | $18,000 | $19,000 | $20,000 | $20,000 | $21,000 | $22,000 | $23,000 | $24,000 | $25,000 | $207,000 |
| mortgage principal reduction | $11,000 | $14,000 | $15,000 | $16,000 | $17,000 | $17,000 | $18,000 | $19,000 | $20,000 | $21,000 | $169,000 |
| deposit interest | $312 | - | - | - | - | - | - | - | - | - | $312 |
| gst hst rebate | $24,000 | - | - | - | - | - | - | - | - | - | $24,000 |
| total income return | $108,000 | $94,000 | $98,000 | $103,000 | $108,000 | $114,000 | $120,000 | $125,000 | $132,000 | $138,000 | $1,141,000 |
Expense/ Investment
| Category | Y1 | Y2 | Y3 | Y4 | Y5 | Y6 | Y7 | Y8 | Y9 | Y10 | Total |
|---|---|---|---|---|---|---|---|---|---|---|---|
| deposit | $168,000 | - | - | - | - | - | - | - | - | - | $168,000 |
| remaining balance payment | $56,000 | - | - | - | - | - | - | - | - | - | $56,000 |
| closing cost | $78,000 | - | - | - | - | - | - | - | - | - | $78,000 |
| operating expense | $11,000 | $14,000 | $14,000 | $15,000 | $15,000 | $15,000 | $16,000 | $16,000 | $16,000 | $17,000 | $148,000 |
| mortgage payment | $47,000 | $56,000 | $56,000 | $56,000 | $56,000 | $56,000 | $56,000 | $56,000 | $56,000 | $56,000 | $553,000 |
| total expense investment | $361,000 | $70,000 | $70,000 | $71,000 | $71,000 | $71,000 | $72,000 | $72,000 | $72,000 | $73,000 | $1,004,000 |
Other
| Category | Y1 | Y2 | Y3 | Y4 | Y5 | Y6 | Y7 | Y8 | Y9 | Y10 | Total |
|---|---|---|---|---|---|---|---|---|---|---|---|
| net gain loss | -$252,516 | $24,000 | $28,000 | $33,000 | $37,000 | $42,000 | $48,000 | $53,000 | $59,000 | $66,000 | $138,000 |
| cumulative roi | $27 | $43 | $56 | $67 | $77 | $86 | $94 | $102 | $110 | $118 | $782 |
The Essery
Address: Toronto C01, Ontario
Price Range: $1,122,000 - $4,350,000
Avail. suites: 47
1—3.5 bd
741—2101 SqFt