Suite number:
224 - 3K
Project:
Address:
Toronto, Ontario
Developer:
Aspen Ridge Homes
Property type:
condo
Floor plan:
Bathrooms:
2
Bedrooms:
3
Size:
1042 sqft
Occupancy Date:
Apr 2025
Price, CAD
$1,386,990
Available
ROI
Want to own a unit? —
Investment Period: 5 years
Yearly Return on Investment in Year 5
18.79%
Cumulative Return on Investment in Year 5
88.92%
Property Price at the End of Year 5
$1,787,000
Deposit Schedule
$5 at Signing
Total up to 10% in 9999 days
$138,699
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 | $72,000 | $76,000 | $80,000 | $84,000 | $88,000 | $93,000 | $98,000 | $103,000 | $108,000 | $114,000 | $915,000 |
| rent income | $30,000 | $38,000 | $39,000 | $41,000 | $43,000 | $45,000 | $47,000 | $49,000 | $51,000 | $53,000 | $434,000 |
| mortgage principal reduction | $14,000 | $18,000 | $19,000 | $20,000 | $21,000 | $22,000 | $23,000 | $24,000 | $25,000 | $26,000 | $209,000 |
| deposit interest | $524 | - | - | - | - | - | - | - | - | - | $524 |
| gst hst rebate | $24,000 | - | - | - | - | - | - | - | - | - | $24,000 |
| total income return | $141,000 | $131,000 | $138,000 | $145,000 | $152,000 | $159,000 | $167,000 | $175,000 | $184,000 | $193,000 | $1,583,000 |
Expense/ Investment
| Category | Y1 | Y2 | Y3 | Y4 | Y5 | Y6 | Y7 | Y8 | Y9 | Y10 | Total |
|---|---|---|---|---|---|---|---|---|---|---|---|
| deposit | $139,000 | - | - | - | - | - | - | - | - | - | $139,000 |
| remaining balance payment | $139,000 | - | - | - | - | - | - | - | - | - | $139,000 |
| closing cost | $89,000 | - | - | - | - | - | - | - | - | - | $89,000 |
| operating expense | $12,000 | $15,000 | $15,000 | $15,000 | $16,000 | $16,000 | $17,000 | $17,000 | $17,000 | $18,000 | $158,000 |
| mortgage payment | $58,000 | $69,000 | $69,000 | $69,000 | $69,000 | $69,000 | $69,000 | $69,000 | $69,000 | $69,000 | $683,000 |
| total expense investment | $436,000 | $84,000 | $85,000 | $85,000 | $85,000 | $86,000 | $86,000 | $86,000 | $87,000 | $87,000 | $1,207,000 |
Other
| Category | Y1 | Y2 | Y3 | Y4 | Y5 | Y6 | Y7 | Y8 | Y9 | Y10 | Total |
|---|---|---|---|---|---|---|---|---|---|---|---|
| net gain loss | -$295,246 | $47,000 | $53,000 | $60,000 | $66,000 | $73,000 | $81,000 | $89,000 | $97,000 | $105,000 | $376,000 |
| cumulative roi | $28 | $46 | $61 | $76 | $89 | $101 | $114 | $126 | $138 | $150 | $927 |
Crest at Crosstown
Address: Toronto, Ontario
Price Range: $912,000 - $2,479,000
Avail. suites: 23
1.5—4 bd
636—2724 SqFt