Suite number:
206
Project:
Address:
Toronto C01, Ontario
Developer:
Aspen Ridge Homes
Property type:
condo
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
16.42%
Cumulative Return on Investment in Year 5
78.21%
Property Price at the End of Year 5
$1,585,000
Deposit Schedule
$5 at Signing
Total up to 15% in 10454 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 | $18,000 | $19,000 | $20,000 | $21,000 | $22,000 | $23,000 | $24,000 | $192,000 |
| deposit interest | $517 | - | - | - | - | - | - | - | - | - | $517 |
| gst hst rebate | $24,000 | - | - | - | - | - | - | - | - | - | $24,000 |
| total income return | $116,000 | $102,000 | $107,000 | $112,000 | $118,000 | $123,000 | $130,000 | $136,000 | $143,000 | $150,000 | $1,235,000 |
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 | $81,000 | - | - | - | - | - | - | - | - | - | $81,000 |
| operating expense | $12,000 | $14,000 | $15,000 | $15,000 | $16,000 | $16,000 | $17,000 | $17,000 | $18,000 | $18,000 | $158,000 |
| mortgage payment | $50,000 | $60,000 | $60,000 | $60,000 | $60,000 | $60,000 | $60,000 | $60,000 | $60,000 | $60,000 | $588,000 |
| total expense investment | $389,000 | $74,000 | $75,000 | $75,000 | $76,000 | $76,000 | $77,000 | $77,000 | $78,000 | $78,000 | $1,074,000 |
Other
| Category | Y1 | Y2 | Y3 | Y4 | Y5 | Y6 | Y7 | Y8 | Y9 | Y10 | Total |
|---|---|---|---|---|---|---|---|---|---|---|---|
| net gain loss | -$272,745 | $28,000 | $32,000 | $37,000 | $42,000 | $47,000 | $53,000 | $59,000 | $65,000 | $72,000 | $161,000 |
| cumulative roi | $27 | $44 | $57 | $68 | $78 | $87 | $96 | $104 | $112 | $119 | $793 |
The Essery
Address: Toronto C01, Ontario
Price Range: $1,122,000 - $4,350,000
Avail. suites: 47
1—3.5 bd
741—2101 SqFt