Suite number:
206
Project:
Address:
Toronto C01, Ontario
Developer:
Aspen Ridge Homes
Property type:
condo
Floor plan:
Bathrooms:
2
Bedrooms:
1
Size:
742 sqft
Occupancy Date:
Feb 2025
Price, CAD
$1,229,990
Available
ROI
Want to own a unit? —
Investment Period: 5 years
Yearly Return on Investment in Year 5
16.07%
Cumulative Return on Investment in Year 5
76.50%
Property Price at the End of Year 5
$1,585,000
Deposit Schedule
$5 at Signing
Total up to 15% in 9999 days
$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 | $64,000 | $67,000 | $71,000 | $74,000 | $78,000 | $82,000 | $87,000 | $91,000 | $96,000 | $101,000 | $812,000 |
| rent income | $14,000 | $18,000 | $19,000 | $20,000 | $20,000 | $21,000 | $22,000 | $23,000 | $24,000 | $25,000 | $207,000 |
| mortgage principal reduction | $13,000 | $16,000 | $17,000 | $17,000 | $18,000 | $19,000 | $20,000 | $21,000 | $22,000 | $23,000 | $186,000 |
| deposit interest | $342 | - | - | - | - | - | - | - | - | - | $342 |
| gst hst rebate | $24,000 | - | - | - | - | - | - | - | - | - | $24,000 |
| total income return | $115,000 | $101,000 | $106,000 | $111,000 | $117,000 | $123,000 | $129,000 | $135,000 | $142,000 | $149,000 | $1,229,000 |
Expense/ Investment
| Category | Y1 | Y2 | Y3 | Y4 | Y5 | Y6 | Y7 | Y8 | Y9 | Y10 | Total |
|---|---|---|---|---|---|---|---|---|---|---|---|
| deposit | $184,000 | - | - | - | - | - | - | - | - | - | $184,000 |
| remaining balance payment | $61,000 | - | - | - | - | - | - | - | - | - | $61,000 |
| closing cost | $83,000 | - | - | - | - | - | - | - | - | - | $83,000 |
| operating expense | $12,000 | $14,000 | $15,000 | $15,000 | $15,000 | $16,000 | $16,000 | $16,000 | $17,000 | $17,000 | $152,000 |
| mortgage payment | $51,000 | $62,000 | $62,000 | $62,000 | $62,000 | $62,000 | $62,000 | $62,000 | $62,000 | $62,000 | $606,000 |
| total expense investment | $392,000 | $76,000 | $76,000 | $76,000 | $77,000 | $77,000 | $77,000 | $78,000 | $78,000 | $79,000 | $1,086,000 |
Other
| Category | Y1 | Y2 | Y3 | Y4 | Y5 | Y6 | Y7 | Y8 | Y9 | Y10 | Total |
|---|---|---|---|---|---|---|---|---|---|---|---|
| net gain loss | -$276,469 | $25,000 | $30,000 | $35,000 | $40,000 | $46,000 | $51,000 | $57,000 | $64,000 | $71,000 | $143,000 |
| cumulative roi | $27 | $43 | $56 | $67 | $76 | $85 | $94 | $102 | $109 | $117 | $776 |
The Essery
Address: Toronto C01, Ontario
Price Range: $1,122,000 - $4,350,000
Avail. suites: 47
1—3.5 bd
741—2101 SqFt