Suite number:
219
Project:
Address:
Toronto C01, Ontario
Developer:
Aspen Ridge Homes
Property type:
condo
Floor plan:
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
17.57%
Cumulative Return on Investment in Year 5
81.87%
Property Price at the End of Year 5
$2,646,000
Deposit Schedule
$5 at Signing
Total up to 15% in 9999 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 | $47,000 | $50,000 | $52,000 | $54,000 | $56,000 | $59,000 | $61,000 | $503,000 |
| mortgage principal reduction | $21,000 | $26,000 | $28,000 | $29,000 | $30,000 | $32,000 | $33,000 | $35,000 | $37,000 | $39,000 | $310,000 |
| deposit interest | $571 | - | - | - | - | - | - | - | - | - | $571 |
| gst hst rebate | $24,000 | - | - | - | - | - | - | - | - | - | $24,000 |
| total income return | $187,000 | $182,000 | $191,000 | $201,000 | $211,000 | $221,000 | $232,000 | $244,000 | $256,000 | $268,000 | $2,193,000 |
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 | $116,000 | - | - | - | - | - | - | - | - | - | $116,000 |
| operating expense | $20,000 | $25,000 | $25,000 | $26,000 | $26,000 | $27,000 | $28,000 | $28,000 | $29,000 | $30,000 | $264,000 |
| mortgage payment | $86,000 | $103,000 | $103,000 | $103,000 | $103,000 | $103,000 | $103,000 | $103,000 | $103,000 | $103,000 | $1,011,000 |
| total expense investment | $633,000 | $128,000 | $128,000 | $129,000 | $129,000 | $130,000 | $131,000 | $131,000 | $132,000 | $132,000 | $1,802,000 |
Other
| Category | Y1 | Y2 | Y3 | Y4 | Y5 | Y6 | Y7 | Y8 | Y9 | Y10 | Total |
|---|---|---|---|---|---|---|---|---|---|---|---|
| net gain loss | -$445,643 | $55,000 | $63,000 | $72,000 | $81,000 | $91,000 | $102,000 | $112,000 | $124,000 | $136,000 | $391,000 |
| cumulative roi | $26 | $43 | $58 | $70 | $82 | $92 | $102 | $112 | $122 | $131 | $838 |
The Essery
Address: Toronto C01, Ontario
Price Range: $1,122,000 - $4,350,000
Avail. suites: 47
1—3.5 bd
741—2101 SqFt