Suite number:
210
Project:
Address:
Toronto C01, Ontario
Developer:
Aspen Ridge Homes
Property type:
condo
Floor plan:
Bathrooms:
2
Bedrooms:
2
Size:
875 sqft
Occupancy Date:
Feb 2025
Price, CAD
$1,402,990
Available
ROI
Want to own a unit? —
Investment Period: 5 years
Yearly Return on Investment in Year 5
16.81%
Cumulative Return on Investment in Year 5
79.52%
Property Price at the End of Year 5
$1,807,000
Deposit Schedule
$5 at Signing
Total up to 15% in 9999 days
$210,449
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 | $73,000 | $77,000 | $81,000 | $85,000 | $89,000 | $94,000 | $99,000 | $104,000 | $109,000 | $115,000 | $926,000 |
| rent income | $21,000 | $27,000 | $28,000 | $29,000 | $30,000 | $31,000 | $33,000 | $34,000 | $36,000 | $37,000 | $305,000 |
| mortgage principal reduction | $14,000 | $18,000 | $19,000 | $20,000 | $21,000 | $22,000 | $23,000 | $24,000 | $25,000 | $26,000 | $212,000 |
| deposit interest | $390 | - | - | - | - | - | - | - | - | - | $390 |
| gst hst rebate | $24,000 | - | - | - | - | - | - | - | - | - | $24,000 |
| total income return | $133,000 | $121,000 | $127,000 | $134,000 | $140,000 | $147,000 | $154,000 | $162,000 | $170,000 | $179,000 | $1,468,000 |
Expense/ Investment
| Category | Y1 | Y2 | Y3 | Y4 | Y5 | Y6 | Y7 | Y8 | Y9 | Y10 | Total |
|---|---|---|---|---|---|---|---|---|---|---|---|
| deposit | $210,000 | - | - | - | - | - | - | - | - | - | $210,000 |
| remaining balance payment | $70,000 | - | - | - | - | - | - | - | - | - | $70,000 |
| closing cost | $90,000 | - | - | - | - | - | - | - | - | - | $90,000 |
| operating expense | $14,000 | $17,000 | $18,000 | $18,000 | $18,000 | $19,000 | $19,000 | $20,000 | $20,000 | $20,000 | $183,000 |
| mortgage payment | $59,000 | $70,000 | $70,000 | $70,000 | $70,000 | $70,000 | $70,000 | $70,000 | $70,000 | $70,000 | $691,000 |
| total expense investment | $443,000 | $87,000 | $88,000 | $88,000 | $89,000 | $89,000 | $89,000 | $90,000 | $90,000 | $91,000 | $1,244,000 |
Other
| Category | Y1 | Y2 | Y3 | Y4 | Y5 | Y6 | Y7 | Y8 | Y9 | Y10 | Total |
|---|---|---|---|---|---|---|---|---|---|---|---|
| net gain loss | -$309,927 | $34,000 | $39,000 | $45,000 | $52,000 | $58,000 | $65,000 | $72,000 | $80,000 | $88,000 | $223,000 |
| cumulative roi | $27 | $43 | $57 | $69 | $80 | $89 | $99 | $107 | $116 | $125 | $811 |
The Essery
Address: Toronto C01, Ontario
Price Range: $1,122,000 - $4,350,000
Avail. suites: 47
1—3.5 bd
741—2101 SqFt