Suite number:
1A
Project:
Address:
Toronto C13, Ontario
Developer:
Aspen Ridge Homes
Property type:
condo
Floor plan:
Bathrooms:
1
Bedrooms:
1
Size:
459 sqft
Occupancy Date:
Mar 2027
Price, CAD
$618,990
Available
ROI
Want to own a unit? —
Investment Period: 5 years
Yearly Return on Investment in Year 5
19.25%
Cumulative Return on Investment in Year 5
92.83%
Property Price at the End of Year 5
$797,000
Deposit Schedule
$10,000 at Signing
Total up to 5% in 30 days
$30,950
5% in 365 days
$30,950
5% on Occupancy
$30,950
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 | $32,000 | $34,000 | $36,000 | $37,000 | $39,000 | $41,000 | $44,000 | $46,000 | $48,000 | $51,000 | $409,000 |
| rent income | - | - | $8,000 | $11,000 | $12,000 | $12,000 | $13,000 | $13,000 | $14,000 | $14,000 | $96,000 |
| mortgage principal reduction | - | - | $6,000 | $8,000 | $8,000 | $9,000 | $9,000 | $10,000 | $10,000 | $11,000 | $70,000 |
| deposit interest | -$2 | $3,000 | $2,000 | - | - | - | - | - | - | - | $6,000 |
| gst hst rebate | - | - | $24,000 | - | - | - | - | - | - | - | $24,000 |
| total income return | $32,000 | $37,000 | $76,000 | $56,000 | $59,000 | $62,000 | $65,000 | $69,000 | $72,000 | $76,000 | $605,000 |
Expense/ Investment
| Category | Y1 | Y2 | Y3 | Y4 | Y5 | Y6 | Y7 | Y8 | Y9 | Y10 | Total |
|---|---|---|---|---|---|---|---|---|---|---|---|
| deposit | $31,000 | $31,000 | $31,000 | - | - | - | - | - | - | - | $93,000 |
| remaining balance payment | - | - | $31,000 | - | - | - | - | - | - | - | $31,000 |
| closing cost | - | - | $58,000 | - | - | - | - | - | - | - | $58,000 |
| operating expense | - | - | $5,000 | $7,000 | $7,000 | $7,000 | $7,000 | $8,000 | $8,000 | $8,000 | $57,000 |
| mortgage payment | - | - | $23,000 | $31,000 | $31,000 | $31,000 | $31,000 | $31,000 | $31,000 | $31,000 | $240,000 |
| total expense investment | $31,000 | $31,000 | $149,000 | $38,000 | $38,000 | $38,000 | $38,000 | $39,000 | $39,000 | $39,000 | $480,000 |
Other
| Category | Y1 | Y2 | Y3 | Y4 | Y5 | Y6 | Y7 | Y8 | Y9 | Y10 | Total |
|---|---|---|---|---|---|---|---|---|---|---|---|
| net gain loss | $1,000 | $6,000 | -$72,648 | $18,000 | $21,000 | $24,000 | $27,000 | $30,000 | $33,000 | $37,000 | $125,000 |
| cumulative roi | $104 | $112 | $70 | $82 | $93 | $102 | $111 | $119 | $127 | $135 | $1,000 |
Lily at Crosstown Condos
Address: Toronto C13, Ontario
Price Range: $578,000 - $1,359,000
Avail. suites: 60
1—3 bd
459—1045 SqFt