Suite number:
204
Project:
Address:
Toronto C01, Ontario
Developer:
Aspen Ridge Homes
Property type:
condo
Floor plan:
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
16.92%
Cumulative Return on Investment in Year 5
79.12%
Property Price at the End of Year 5
$2,377,000
Deposit Schedule
$5 at Signing
Total up to 15% in 9999 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 | $19,000 | $24,000 | $25,000 | $26,000 | $27,000 | $29,000 | $30,000 | $31,000 | $33,000 | $35,000 | $279,000 |
| deposit interest | $513 | - | - | - | - | - | - | - | - | - | $513 |
| gst hst rebate | $24,000 | - | - | - | - | - | - | - | - | - | $24,000 |
| total income return | $166,000 | $157,000 | $165,000 | $173,000 | $182,000 | $191,000 | $201,000 | $211,000 | $221,000 | $232,000 | $1,899,000 |
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 | $107,000 | - | - | - | - | - | - | - | - | - | $107,000 |
| operating expense | $18,000 | $22,000 | $22,000 | $23,000 | $23,000 | $24,000 | $24,000 | $25,000 | $25,000 | $26,000 | $230,000 |
| mortgage payment | $77,000 | $92,000 | $92,000 | $92,000 | $92,000 | $92,000 | $92,000 | $92,000 | $92,000 | $92,000 | $909,000 |
| total expense investment | $571,000 | $114,000 | $114,000 | $115,000 | $115,000 | $116,000 | $117,000 | $117,000 | $118,000 | $118,000 | $1,615,000 |
Other
| Category | Y1 | Y2 | Y3 | Y4 | Y5 | Y6 | Y7 | Y8 | Y9 | Y10 | Total |
|---|---|---|---|---|---|---|---|---|---|---|---|
| net gain loss | -$405,411 | $43,000 | $51,000 | $58,000 | $67,000 | $75,000 | $84,000 | $94,000 | $103,000 | $114,000 | $284,000 |
| cumulative roi | $26 | $43 | $57 | $68 | $79 | $89 | $98 | $107 | $115 | $124 | $805 |
The Essery
Address: Toronto C01, Ontario
Price Range: $1,122,000 - $4,350,000
Avail. suites: 47
1—3.5 bd
741—2101 SqFt