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
18.43%
Cumulative Return on Investment in Year 5
85.72%
Property Price at the End of Year 5
$2,377,000
Deposit Schedule
$5 at Signing
Total up to 5% in 90 days
$92,245
10% on Occupancy
$184,499
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 | $18,000 | $33,000 | $34,000 | $35,000 | $37,000 | $38,000 | $40,000 | $42,000 | $44,000 | $46,000 | $367,000 |
| mortgage principal reduction | $15,000 | $27,000 | $28,000 | $29,000 | $30,000 | $31,000 | $32,000 | $34,000 | $35,000 | $37,000 | $297,000 |
| deposit interest | $2,000 | - | - | - | - | - | - | - | - | - | $2,000 |
| gst hst rebate | $24,000 | - | - | - | - | - | - | - | - | - | $24,000 |
| total income return | $155,000 | $160,000 | $168,000 | $176,000 | $184,000 | $193,000 | $203,000 | $212,000 | $223,000 | $234,000 | $1,908,000 |
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 | $12,000 | $22,000 | $22,000 | $23,000 | $24,000 | $24,000 | $25,000 | $26,000 | $27,000 | $28,000 | $233,000 |
| mortgage payment | $49,000 | $85,000 | $85,000 | $85,000 | $85,000 | $85,000 | $85,000 | $85,000 | $85,000 | $85,000 | $810,000 |
| total expense investment | $536,000 | $106,000 | $107,000 | $108,000 | $108,000 | $109,000 | $110,000 | $111,000 | $111,000 | $112,000 | $1,518,000 |
Other
| Category | Y1 | Y2 | Y3 | Y4 | Y5 | Y6 | Y7 | Y8 | Y9 | Y10 | Total |
|---|---|---|---|---|---|---|---|---|---|---|---|
| net gain loss | -$381,471 | $54,000 | $61,000 | $68,000 | $76,000 | $84,000 | $93,000 | $102,000 | $111,000 | $121,000 | $390,000 |
| cumulative roi | $27 | $45 | $61 | $74 | $86 | $97 | $107 | $116 | $126 | $135 | $872 |
West puts you steps away from the most intriguing, fascinating downtown destinations. This is where the city comes to work, to play, and to get inspired. It’s the neighbourhood you’ve come to know and love, only you haven’t lived it quite like this b...
Address: Toronto C01, Ontario
Price Range: $1,122,000 - $4,350,000
Avail. suites: 33
1—3.5 bd
741—2101 SqFt