Suite number:
209
Project:
Address:
Toronto C01, Ontario
Developer:
Aspen Ridge Homes
Property type:
condo
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
16.43%
Cumulative Return on Investment in Year 5
78.67%
Property Price at the End of Year 5
$1,445,000
Deposit Schedule
$5 at Signing
Total up to 15% in 10454 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 | $12,000 | $15,000 | $16,000 | $16,000 | $17,000 | $18,000 | $19,000 | $20,000 | $21,000 | $22,000 | $175,000 |
| deposit interest | $472 | - | - | - | - | - | - | - | - | - | $472 |
| gst hst rebate | $24,000 | - | - | - | - | - | - | - | - | - | $24,000 |
| total income return | $109,000 | $94,000 | $99,000 | $104,000 | $109,000 | $114,000 | $120,000 | $126,000 | $132,000 | $139,000 | $1,147,000 |
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 | $77,000 | - | - | - | - | - | - | - | - | - | $77,000 |
| operating expense | $11,000 | $14,000 | $14,000 | $15,000 | $15,000 | $16,000 | $16,000 | $17,000 | $17,000 | $18,000 | $155,000 |
| mortgage payment | $45,000 | $55,000 | $55,000 | $55,000 | $55,000 | $55,000 | $55,000 | $55,000 | $55,000 | $55,000 | $537,000 |
| total expense investment | $358,000 | $69,000 | $69,000 | $69,000 | $70,000 | $70,000 | $71,000 | $71,000 | $72,000 | $73,000 | $992,000 |
Other
| Category | Y1 | Y2 | Y3 | Y4 | Y5 | Y6 | Y7 | Y8 | Y9 | Y10 | Total |
|---|---|---|---|---|---|---|---|---|---|---|---|
| net gain loss | -$248,988 | $26,000 | $30,000 | $34,000 | $39,000 | $44,000 | $49,000 | $55,000 | $60,000 | $66,000 | $154,000 |
| cumulative roi | $28 | $44 | $57 | $69 | $79 | $88 | $97 | $105 | $113 | $120 | $798 |
The Essery
Address: Toronto C01, Ontario
Price Range: $1,122,000 - $4,350,000
Avail. suites: 47
1—3.5 bd
741—2101 SqFt