Suite number:
1C+D
Project:
Address:
Ajax, Ontario
Developer:
Your Home Developments
Property type:
condo
Bathrooms:
1
Bedrooms:
1.5
Size:
592 sqft
Occupancy Date:
Sep 2027
Price, CAD
$691,900
Available
ROI
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Investment Period: 5 years
Yearly Return on Investment in Year 5
27.70%
Cumulative Return on Investment in Year 5
131.79%
Property Price at the End of Year 5
$891,000
Deposit Schedule
$5,000 at Signing
Total up to 2.5% in 0 days
$17,298
2.5% in 0 days
$17,298
2.5% in 0 days
$17,298
2.5% in 0 days
$17,298
2.5% in 0 days
$17,298
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 | $36,000 | $38,000 | $40,000 | $42,000 | $44,000 | $46,000 | $49,000 | $51,000 | $54,000 | $57,000 | $457,000 |
| rent income | - | - | $3,000 | $21,000 | $22,000 | $23,000 | $24,000 | $25,000 | $26,000 | $27,000 | $170,000 |
| mortgage principal reduction | - | - | $2,000 | $10,000 | $10,000 | $11,000 | $11,000 | $12,000 | $12,000 | $12,000 | $79,000 |
| deposit interest | $3,000 | $7,000 | $4,000 | - | - | - | - | - | - | - | $13,000 |
| gst hst rebate | - | - | $24,000 | - | - | - | - | - | - | - | $24,000 |
| total income return | $39,000 | $44,000 | $73,000 | $73,000 | $76,000 | $80,000 | $84,000 | $88,000 | $92,000 | $96,000 | $743,000 |
Expense/ Investment
| Category | Y1 | Y2 | Y3 | Y4 | Y5 | Y6 | Y7 | Y8 | Y9 | Y10 | Total |
|---|---|---|---|---|---|---|---|---|---|---|---|
| deposit | $52,000 | $35,000 | $35,000 | - | - | - | - | - | - | - | $121,000 |
| remaining balance payment | - | - | - | - | - | - | - | - | - | - | - |
| closing cost | - | - | $49,000 | - | - | - | - | - | - | - | $49,000 |
| operating expense | - | - | $1,000 | $8,000 | $8,000 | $9,000 | $9,000 | $9,000 | $9,000 | $10,000 | $64,000 |
| mortgage payment | - | - | $5,000 | $32,000 | $32,000 | $32,000 | $32,000 | $32,000 | $32,000 | $32,000 | $227,000 |
| total expense investment | $52,000 | $35,000 | $91,000 | $40,000 | $40,000 | $40,000 | $41,000 | $41,000 | $41,000 | $41,000 | $461,000 |
Other
| Category | Y1 | Y2 | Y3 | Y4 | Y5 | Y6 | Y7 | Y8 | Y9 | Y10 | Total |
|---|---|---|---|---|---|---|---|---|---|---|---|
| net gain loss | -$13,112 | $10,000 | -$17,992 | $33,000 | $36,000 | $39,000 | $43,000 | $47,000 | $51,000 | $55,000 | $282,000 |
| cumulative roi | $75 | $96 | $96 | $115 | $132 | $148 | $163 | $178 | $192 | $207 | $1,000 |
Lake Pointe Condos
Address: Ajax, Ontario
Price Range: $599,000 - $1,180,000
Avail. suites: 28
1—3 bd
480—1179 SqFt