Suite number:
219
Project:
Address:
Toronto C01, Ontario
Developer:
Aspen Ridge Homes
Property type:
condo
Bathrooms:
2.5
Bedrooms:
2.5
Size:
1207 sqft
Occupancy Date:
Feb 2025
Price, CAD
$2,053,990
Available
ROI
Want to own a unit? —
Investment Period: 5 years
Yearly Return on Investment in Year 5
17.98%
Cumulative Return on Investment in Year 5
83.84%
Property Price at the End of Year 5
$2,646,000
Deposit Schedule
$5 at Signing
Total up to 15% in 10454 days
$308,099
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 | $107,000 | $112,000 | $118,000 | $124,000 | $131,000 | $138,000 | $145,000 | $152,000 | $160,000 | $169,000 | $1,356,000 |
| rent income | $35,000 | $44,000 | $46,000 | $48,000 | $50,000 | $52,000 | $54,000 | $56,000 | $59,000 | $61,000 | $505,000 |
| mortgage principal reduction | $22,000 | $28,000 | $29,000 | $30,000 | $31,000 | $33,000 | $34,000 | $36,000 | $38,000 | $39,000 | $320,000 |
| deposit interest | $863 | - | - | - | - | - | - | - | - | - | $863 |
| gst hst rebate | $24,000 | - | - | - | - | - | - | - | - | - | $24,000 |
| total income return | $189,000 | $184,000 | $193,000 | $202,000 | $212,000 | $222,000 | $233,000 | $245,000 | $257,000 | $269,000 | $2,206,000 |
Expense/ Investment
| Category | Y1 | Y2 | Y3 | Y4 | Y5 | Y6 | Y7 | Y8 | Y9 | Y10 | Total |
|---|---|---|---|---|---|---|---|---|---|---|---|
| deposit | $308,000 | - | - | - | - | - | - | - | - | - | $308,000 |
| remaining balance payment | $103,000 | - | - | - | - | - | - | - | - | - | $103,000 |
| closing cost | $115,000 | - | - | - | - | - | - | - | - | - | $115,000 |
| operating expense | $20,000 | $25,000 | $26,000 | $26,000 | $27,000 | $28,000 | $29,000 | $30,000 | $31,000 | $32,000 | $275,000 |
| mortgage payment | $83,000 | $100,000 | $100,000 | $100,000 | $100,000 | $100,000 | $100,000 | $100,000 | $100,000 | $100,000 | $982,000 |
| total expense investment | $629,000 | $125,000 | $126,000 | $126,000 | $127,000 | $128,000 | $129,000 | $130,000 | $131,000 | $132,000 | $1,783,000 |
Other
| Category | Y1 | Y2 | Y3 | Y4 | Y5 | Y6 | Y7 | Y8 | Y9 | Y10 | Total |
|---|---|---|---|---|---|---|---|---|---|---|---|
| net gain loss | -$440,250 | $59,000 | $67,000 | $76,000 | $85,000 | $94,000 | $104,000 | $115,000 | $126,000 | $138,000 | $424,000 |
| cumulative roi | $26 | $44 | $59 | $72 | $84 | $95 | $105 | $115 | $125 | $134 | $858 |
The Essery
Address: Toronto C01, Ontario
Price Range: $1,122,000 - $4,350,000
Avail. suites: 47
1—3.5 bd
741—2101 SqFt