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
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Investment Period: 5 years
Yearly Return on Investment in Year 5
18.61%
Cumulative Return on Investment in Year 5
85.93%
Property Price at the End of Year 5
$1,446,000
Deposit Schedule
$5 at Signing
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 | $59,000 | $61,000 | $65,000 | $68,000 | $71,000 | $75,000 | $79,000 | $83,000 | $88,000 | $92,000 | $741,000 |
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 | $2,000 | - | - | - | - | - | - | - | - | $5,000 |
gst hst rebate | - | $24,000 | - | - | - | - | - | - | - | - | $24,000 |
total income return | $62,000 | $97,000 | $96,000 | $101,000 | $106,000 | $111,000 | $117,000 | $123,000 | $129,000 | $135,000 | $1,077,000 |
Expense/ Investment
Category | Y1 | Y2 | Y3 | Y4 | Y5 | Y6 | Y7 | Y8 | Y9 | Y10 | Total |
---|---|---|---|---|---|---|---|---|---|---|---|
deposit | $56,000 | - | - | - | - | - | - | - | - | - | $56,000 |
remaining balance payment | - | $168,000 | - | - | - | - | - | - | - | - | $168,000 |
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 | -$172,519 | $26,000 | $31,000 | $35,000 | $40,000 | $46,000 | $51,000 | $57,000 | $63,000 | $182,000 |
cumulative roi | $110 | $49 | $64 | $76 | $86 | $95 | $104 | $112 | $119 | $127 | $940 |
The Essery
Address: Toronto, Ontario
Price Range: $1,122,000 - $4,350,000
Avail. suites: 47
1—3.5 bd
741—2101 SqFt