Suite number:
209
Project:
Address:
Toronto, Ontario
Developer:
Aspen Ridge Homes
Property type:
condo
Floor plan:
Bathrooms:
1.5
Bedrooms:
1
Size:
741 sqft
Occupancy Date:
Feb 2027
Price, CAD
$1,121,990
Available
ROI
Want to own a unit? —
Investment Period: 5 years
Yearly Return on Investment in Year 5
18.80%
Cumulative Return on Investment in Year 5
87.74%
Property Price at the End of Year 5
$1,445,000
Deposit Schedule
$5 at Signing
Total up to 5% in 90 days
$56,100
5% in 365 days
$56,100
5% on Occupancy
$56,100
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 | - | $6,000 | $17,000 | $18,000 | $19,000 | $20,000 | $21,000 | $22,000 | $23,000 | $23,000 | $169,000 |
| mortgage principal reduction | - | $5,000 | $14,000 | $15,000 | $15,000 | $16,000 | $17,000 | $18,000 | $19,000 | $20,000 | $138,000 |
| deposit interest | $3,000 | $7,000 | - | - | - | - | - | - | - | - | $9,000 |
| gst hst rebate | - | $24,000 | - | - | - | - | - | - | - | - | $24,000 |
| total income return | $61,000 | $102,000 | $96,000 | $101,000 | $106,000 | $111,000 | $117,000 | $123,000 | $129,000 | $135,000 | $1,081,000 |
Expense/ Investment
| Category | Y1 | Y2 | Y3 | Y4 | Y5 | Y6 | Y7 | Y8 | Y9 | Y10 | Total |
|---|---|---|---|---|---|---|---|---|---|---|---|
| deposit | $56,000 | $112,000 | - | - | - | - | - | - | - | - | $168,000 |
| remaining balance payment | - | $56,000 | - | - | - | - | - | - | - | - | $56,000 |
| closing cost | - | $78,000 | - | - | - | - | - | - | - | - | $78,000 |
| operating expense | - | $5,000 | $14,000 | $14,000 | $14,000 | $15,000 | $15,000 | $15,000 | $16,000 | $16,000 | $124,000 |
| mortgage payment | - | $19,000 | $56,000 | $56,000 | $56,000 | $56,000 | $56,000 | $56,000 | $56,000 | $56,000 | $468,000 |
| total expense investment | $56,000 | $270,000 | $70,000 | $70,000 | $71,000 | $71,000 | $71,000 | $72,000 | $72,000 | $72,000 | $895,000 |
Other
| Category | Y1 | Y2 | Y3 | Y4 | Y5 | Y6 | Y7 | Y8 | Y9 | Y10 | Total |
|---|---|---|---|---|---|---|---|---|---|---|---|
| net gain loss | $5,000 | -$167,705 | $26,000 | $31,000 | $35,000 | $40,000 | $46,000 | $51,000 | $57,000 | $63,000 | $186,000 |
| cumulative roi | $109 | $51 | $66 | $78 | $88 | $97 | $105 | $113 | $121 | $128 | $955 |
The Essery
Address: Toronto, Ontario
Price Range: $1,122,000 - $4,350,000
Avail. suites: 47
1—3.5 bd
741—2101 SqFt