Suite number:
204
Project:
Address:
Toronto, Ontario
Developer:
Aspen Ridge Homes
Property type:
condo
Floor plan:
Bathrooms:
2
Bedrooms:
2
Size:
1084 sqft
Occupancy Date:
Feb 2027
Price, CAD
$1,844,990
Available
ROI
Want to own a unit? —
Investment Period: 5 years
Yearly Return on Investment in Year 5
19.75%
Cumulative Return on Investment in Year 5
90.06%
Property Price at the End of Year 5
$2,377,000
Deposit Schedule
$5 at Signing
Total up to 5% in 90 days
$92,250
5% in 365 days
$92,250
5% on Occupancy
$92,250
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 | $96,000 | $101,000 | $106,000 | $112,000 | $117,000 | $124,000 | $130,000 | $137,000 | $144,000 | $151,000 | $1,218,000 |
| rent income | - | $11,000 | $32,000 | $33,000 | $35,000 | $36,000 | $38,000 | $39,000 | $41,000 | $43,000 | $309,000 |
| mortgage principal reduction | - | $7,000 | $23,000 | $24,000 | $25,000 | $27,000 | $28,000 | $29,000 | $31,000 | $32,000 | $227,000 |
| deposit interest | $5,000 | $11,000 | - | - | - | - | - | - | - | - | $16,000 |
| gst hst rebate | - | $24,000 | - | - | - | - | - | - | - | - | $24,000 |
| total income return | $100,000 | $154,000 | $161,000 | $169,000 | $178,000 | $187,000 | $196,000 | $206,000 | $216,000 | $227,000 | $1,793,000 |
Expense/ Investment
| Category | Y1 | Y2 | Y3 | Y4 | Y5 | Y6 | Y7 | Y8 | Y9 | Y10 | Total |
|---|---|---|---|---|---|---|---|---|---|---|---|
| deposit | $92,000 | $184,000 | - | - | - | - | - | - | - | - | $277,000 |
| remaining balance payment | - | $92,000 | - | - | - | - | - | - | - | - | $92,000 |
| closing cost | - | $107,000 | - | - | - | - | - | - | - | - | $107,000 |
| operating expense | - | $7,000 | $21,000 | $22,000 | $22,000 | $23,000 | $23,000 | $24,000 | $24,000 | $25,000 | $192,000 |
| mortgage payment | - | $31,000 | $92,000 | $92,000 | $92,000 | $92,000 | $92,000 | $92,000 | $92,000 | $92,000 | $770,000 |
| total expense investment | $92,000 | $422,000 | $114,000 | $114,000 | $115,000 | $115,000 | $116,000 | $116,000 | $117,000 | $117,000 | $1,438,000 |
Other
| Category | Y1 | Y2 | Y3 | Y4 | Y5 | Y6 | Y7 | Y8 | Y9 | Y10 | Total |
|---|---|---|---|---|---|---|---|---|---|---|---|
| net gain loss | $8,000 | -$268,196 | $48,000 | $55,000 | $63,000 | $71,000 | $80,000 | $89,000 | $99,000 | $109,000 | $355,000 |
| cumulative roi | $109 | $51 | $66 | $79 | $90 | $100 | $109 | $118 | $126 | $134 | $981 |
The Essery
Address: Toronto, Ontario
Price Range: $1,122,000 - $4,350,000
Avail. suites: 47
1—3.5 bd
741—2101 SqFt