Suite number:
1D-D
Project:
Address:
Toronto C13, Ontario
Developer:
Aspen Ridge Homes
Property type:
condo
Bathrooms:
1
Bedrooms:
1.5
Size:
543 sqft
Occupancy Date:
Mar 2027
$674,990
Available
Want to own a unit? —
Investment Period: 5 years
Yearly Return on Investment in Year 5
21.34%
Cumulative Return on Investment in Year 5
101.83%
Property Price at the End of Year 5
$870,000
Deposit Schedule
$10,000 at Signing
Total up to 5% in 30 days
$33,750
5% in 365 days
$33,750
5% on Occupancy
$33,750
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 | $35,000 | $37,000 | $39,000 | $41,000 | $43,000 | $45,000 | $48,000 | $50,000 | $53,000 | $55,000 | $445,000 |
rent income | - | - | $14,000 | $20,000 | $21,000 | $21,000 | $22,000 | $23,000 | $24,000 | $25,000 | $171,000 |
mortgage principal reduction | - | - | $6,000 | $9,000 | $9,000 | $10,000 | $10,000 | $11,000 | $11,000 | $12,000 | $79,000 |
deposit interest | -$2 | $4,000 | $3,000 | - | - | - | - | - | - | - | $7,000 |
gst hst rebate | - | - | $24,000 | - | - | - | - | - | - | - | $24,000 |
total income return | $35,000 | $40,000 | $87,000 | $70,000 | $73,000 | $76,000 | $80,000 | $84,000 | $88,000 | $93,000 | $726,000 |
Expense/ Investment
Category | Y1 | Y2 | Y3 | Y4 | Y5 | Y6 | Y7 | Y8 | Y9 | Y10 | Total |
---|---|---|---|---|---|---|---|---|---|---|---|
deposit | $34,000 | $34,000 | $34,000 | - | - | - | - | - | - | - | $101,000 |
remaining balance payment | - | - | $34,000 | - | - | - | - | - | - | - | $34,000 |
closing cost | - | - | $59,000 | - | - | - | - | - | - | - | $59,000 |
operating expense | - | - | $6,000 | $9,000 | $9,000 | $9,000 | $10,000 | $10,000 | $10,000 | $11,000 | $74,000 |
mortgage payment | - | - | $25,000 | $33,000 | $33,000 | $33,000 | $33,000 | $33,000 | $33,000 | $33,000 | $254,000 |
total expense investment | $34,000 | $34,000 | $157,000 | $42,000 | $42,000 | $42,000 | $42,000 | $43,000 | $43,000 | $43,000 | $522,000 |
Other
Category | Y1 | Y2 | Y3 | Y4 | Y5 | Y6 | Y7 | Y8 | Y9 | Y10 | Total |
---|---|---|---|---|---|---|---|---|---|---|---|
net gain loss | $1,000 | $7,000 | -$70,843 | $28,000 | $31,000 | $34,000 | $38,000 | $41,000 | $45,000 | $49,000 | $204,000 |
cumulative roi | $104 | $112 | $73 | $88 | $102 | $115 | $127 | $139 | $150 | $162 | $1,000 |
Lily at Crosstown Condos
Address: Toronto C13, Ontario
Price Range: $578,000 - $1,359,000
Avail. suites: 60
1—3 bd
459—1045 SqFt