Suite number:
1B-D
Project:
Address:
Toronto C13, Ontario
Developer:
Aspen Ridge Homes
Property type:
condo
Floor plan:
Bathrooms:
1
Bedrooms:
1.5
Size:
536 sqft
Occupancy Date:
Mar 2027
Price, CAD
$663,990
Available
ROI
Want to own a unit? —
Investment Period: 5 years
Yearly Return on Investment in Year 5
20.78%
Cumulative Return on Investment in Year 5
99.47%
Property Price at the End of Year 5
$855,000
Deposit Schedule
$10,000 at Signing
Total up to 5% in 30 days
$33,200
5% in 365 days
$33,200
5% on Occupancy
$33,200
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 | $34,000 | $36,000 | $38,000 | $40,000 | $42,000 | $44,000 | $47,000 | $49,000 | $52,000 | $54,000 | $438,000 |
| rent income | - | - | $14,000 | $19,000 | $20,000 | $21,000 | $22,000 | $23,000 | $24,000 | $25,000 | $168,000 |
| mortgage principal reduction | - | - | $6,000 | $8,000 | $9,000 | $9,000 | $10,000 | $10,000 | $11,000 | $11,000 | $75,000 |
| deposit interest | -$2 | $3,000 | $3,000 | - | - | - | - | - | - | - | $6,000 |
| gst hst rebate | - | - | $24,000 | - | - | - | - | - | - | - | $24,000 |
| total income return | $34,000 | $40,000 | $85,000 | $68,000 | $71,000 | $75,000 | $79,000 | $82,000 | $86,000 | $91,000 | $711,000 |
Expense/ Investment
| Category | Y1 | Y2 | Y3 | Y4 | Y5 | Y6 | Y7 | Y8 | Y9 | Y10 | Total |
|---|---|---|---|---|---|---|---|---|---|---|---|
| deposit | $33,000 | $33,000 | $33,000 | - | - | - | - | - | - | - | $100,000 |
| remaining balance payment | - | - | $33,000 | - | - | - | - | - | - | - | $33,000 |
| closing cost | - | - | $60,000 | - | - | - | - | - | - | - | $60,000 |
| operating expense | - | - | $6,000 | $9,000 | $9,000 | $9,000 | $9,000 | $9,000 | $10,000 | $10,000 | $71,000 |
| mortgage payment | - | - | $25,000 | $33,000 | $33,000 | $33,000 | $33,000 | $33,000 | $33,000 | $33,000 | $258,000 |
| total expense investment | $33,000 | $33,000 | $158,000 | $42,000 | $42,000 | $42,000 | $42,000 | $43,000 | $43,000 | $43,000 | $521,000 |
Other
| Category | Y1 | Y2 | Y3 | Y4 | Y5 | Y6 | Y7 | Y8 | Y9 | Y10 | Total |
|---|---|---|---|---|---|---|---|---|---|---|---|
| net gain loss | $1,000 | $7,000 | -$72,637 | $26,000 | $29,000 | $33,000 | $36,000 | $40,000 | $44,000 | $48,000 | $190,000 |
| cumulative roi | $104 | $112 | $72 | $86 | $99 | $112 | $123 | $135 | $146 | $157 | $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