Suite number:
204
Project:
Address:
Toronto C01, Ontario
Developer:
Aspen Ridge Homes
Property type:
condo
Bathrooms:
2
Bedrooms:
2
Size:
1084 sqft
Occupancy Date:
Feb 2025
Price, CAD
$1,844,990
Available
ROI
Want to own a unit? —
Investment Period: 5 years
Yearly Return on Investment in Year 5
17.28%
Cumulative Return on Investment in Year 5
80.90%
Property Price at the End of Year 5
$2,377,000
Deposit Schedule
$5 at Signing
Total up to 15% in 10454 days
$276,749
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 | $26,000 | $33,000 | $34,000 | $36,000 | $37,000 | $39,000 | $41,000 | $42,000 | $44,000 | $46,000 | $378,000 |
| mortgage principal reduction | $20,000 | $25,000 | $26,000 | $27,000 | $28,000 | $30,000 | $31,000 | $32,000 | $34,000 | $35,000 | $288,000 |
| deposit interest | $775 | - | - | - | - | - | - | - | - | - | $775 |
| gst hst rebate | $24,000 | - | - | - | - | - | - | - | - | - | $24,000 |
| total income return | $167,000 | $158,000 | $166,000 | $174,000 | $183,000 | $192,000 | $202,000 | $211,000 | $222,000 | $233,000 | $1,909,000 |
Expense/ Investment
| Category | Y1 | Y2 | Y3 | Y4 | Y5 | Y6 | Y7 | Y8 | Y9 | Y10 | Total |
|---|---|---|---|---|---|---|---|---|---|---|---|
| deposit | $277,000 | - | - | - | - | - | - | - | - | - | $277,000 |
| remaining balance payment | $92,000 | - | - | - | - | - | - | - | - | - | $92,000 |
| closing cost | $106,000 | - | - | - | - | - | - | - | - | - | $106,000 |
| operating expense | $18,000 | $22,000 | $22,000 | $23,000 | $24,000 | $25,000 | $25,000 | $26,000 | $27,000 | $28,000 | $240,000 |
| mortgage payment | $75,000 | $90,000 | $90,000 | $90,000 | $90,000 | $90,000 | $90,000 | $90,000 | $90,000 | $90,000 | $882,000 |
| total expense investment | $567,000 | $112,000 | $112,000 | $113,000 | $114,000 | $114,000 | $115,000 | $116,000 | $117,000 | $118,000 | $1,597,000 |
Other
| Category | Y1 | Y2 | Y3 | Y4 | Y5 | Y6 | Y7 | Y8 | Y9 | Y10 | Total |
|---|---|---|---|---|---|---|---|---|---|---|---|
| net gain loss | -$400,577 | $47,000 | $54,000 | $62,000 | $69,000 | $78,000 | $86,000 | $96,000 | $105,000 | $115,000 | $311,000 |
| cumulative roi | $26 | $43 | $58 | $70 | $81 | $91 | $100 | $109 | $118 | $126 | $823 |
The Essery
Address: Toronto C01, Ontario
Price Range: $1,122,000 - $4,350,000
Avail. suites: 47
1—3.5 bd
741—2101 SqFt