Suite number:
1E
Project:
Address:
Toronto C13, Ontario
Developer:
Aspen Ridge Homes
Property type:
condo
Floor plan:
Bathrooms:
1
Bedrooms:
1
Size:
481 sqft
Occupancy Date:
Mar 2027
Price, CAD
$606,990
Available
ROI
Want to own a unit? —
Investment Period: 5 years
Yearly Return on Investment in Year 5
19.29%
Cumulative Return on Investment in Year 5
93.19%
Property Price at the End of Year 5
$782,000
Deposit Schedule
$10,000 at Signing
Total up to 5% in 30 days
$30,350
5% in 365 days
$30,350
5% on Occupancy
$30,350
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 | $31,000 | $33,000 | $35,000 | $37,000 | $39,000 | $41,000 | $43,000 | $45,000 | $47,000 | $50,000 | $401,000 |
| rent income | - | - | $8,000 | $12,000 | $12,000 | $13,000 | $13,000 | $14,000 | $14,000 | $15,000 | $101,000 |
| mortgage principal reduction | - | - | $6,000 | $8,000 | $8,000 | $9,000 | $9,000 | $9,000 | $10,000 | $10,000 | $69,000 |
| deposit interest | -$2 | $3,000 | $2,000 | - | - | - | - | - | - | - | $6,000 |
| gst hst rebate | - | - | $24,000 | - | - | - | - | - | - | - | $24,000 |
| total income return | $31,000 | $36,000 | $75,000 | $56,000 | $59,000 | $62,000 | $65,000 | $68,000 | $72,000 | $75,000 | $600,000 |
Expense/ Investment
| Category | Y1 | Y2 | Y3 | Y4 | Y5 | Y6 | Y7 | Y8 | Y9 | Y10 | Total |
|---|---|---|---|---|---|---|---|---|---|---|---|
| deposit | $30,000 | $30,000 | $30,000 | - | - | - | - | - | - | - | $91,000 |
| remaining balance payment | - | - | $30,000 | - | - | - | - | - | - | - | $30,000 |
| closing cost | - | - | $58,000 | - | - | - | - | - | - | - | $58,000 |
| operating expense | - | - | $5,000 | $7,000 | $7,000 | $8,000 | $8,000 | $8,000 | $8,000 | $8,000 | $59,000 |
| mortgage payment | - | - | $23,000 | $30,000 | $30,000 | $30,000 | $30,000 | $30,000 | $30,000 | $30,000 | $236,000 |
| total expense investment | $30,000 | $30,000 | $147,000 | $38,000 | $38,000 | $38,000 | $38,000 | $38,000 | $38,000 | $39,000 | $474,000 |
Other
| Category | Y1 | Y2 | Y3 | Y4 | Y5 | Y6 | Y7 | Y8 | Y9 | Y10 | Total |
|---|---|---|---|---|---|---|---|---|---|---|---|
| net gain loss | $1,000 | $6,000 | -$71,134 | $19,000 | $21,000 | $24,000 | $27,000 | $30,000 | $33,000 | $36,000 | $126,000 |
| cumulative roi | $104 | $112 | $71 | $83 | $93 | $103 | $112 | $120 | $128 | $137 | $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