Suite number:
RLAG-2E (Elev.A,G)
Project:
Address:
Toronto C13, Ontario
Developer:
Aspen Ridge Homes
Property type:
condo
Bathrooms:
2
Bedrooms:
3
Size:
2296 sqft
Occupancy Date:
Apr 2025
Price, CAD
$1,669,990
Available
ROI
Want to own a unit? —
Investment Period: 5 years
Yearly Return on Investment in Year 5
24.57%
Cumulative Return on Investment in Year 5
114.61%
Property Price at the End of Year 5
$2,151,000
Deposit Schedule
$5 at Signing
Total up to 5% in 120 days
$83,500
5% on Occupancy
$83,500
Net Gain (Loss)
Get Expert Advice
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 | $87,000 | $91,000 | $96,000 | $101,000 | $106,000 | $112,000 | $118,000 | $124,000 | $130,000 | $137,000 | $1,102,000 |
| rent income | $47,000 | $83,000 | $86,000 | $90,000 | $94,000 | $98,000 | $102,000 | $106,000 | $111,000 | $116,000 | $932,000 |
| mortgage principal reduction | $12,000 | $22,000 | $23,000 | $24,000 | $25,000 | $26,000 | $28,000 | $29,000 | $30,000 | $32,000 | $252,000 |
| deposit interest | $2,000 | - | - | - | - | - | - | - | - | - | $2,000 |
| gst hst rebate | $24,000 | - | - | - | - | - | - | - | - | - | $24,000 |
| total income return | $172,000 | $196,000 | $205,000 | $215,000 | $225,000 | $236,000 | $247,000 | $259,000 | $271,000 | $284,000 | $2,312,000 |
Expense/ Investment
| Category | Y1 | Y2 | Y3 | Y4 | Y5 | Y6 | Y7 | Y8 | Y9 | Y10 | Total |
|---|---|---|---|---|---|---|---|---|---|---|---|
| deposit | $167,000 | - | - | - | - | - | - | - | - | - | $167,000 |
| remaining balance payment | $167,000 | - | - | - | - | - | - | - | - | - | $167,000 |
| closing cost | $99,000 | - | - | - | - | - | - | - | - | - | $99,000 |
| operating expense | $16,000 | $28,000 | $29,000 | $30,000 | $31,000 | $32,000 | $33,000 | $34,000 | $35,000 | $36,000 | $305,000 |
| mortgage payment | $47,000 | $81,000 | $81,000 | $81,000 | $81,000 | $81,000 | $81,000 | $81,000 | $81,000 | $81,000 | $778,000 |
| total expense investment | $496,000 | $109,000 | $110,000 | $111,000 | $112,000 | $113,000 | $114,000 | $115,000 | $116,000 | $118,000 | $1,516,000 |
Other
| Category | Y1 | Y2 | Y3 | Y4 | Y5 | Y6 | Y7 | Y8 | Y9 | Y10 | Total |
|---|---|---|---|---|---|---|---|---|---|---|---|
| net gain loss | -$324,627 | $87,000 | $95,000 | $104,000 | $113,000 | $123,000 | $133,000 | $144,000 | $155,000 | $167,000 | $796,000 |
| cumulative roi | $28 | $50 | $72 | $93 | $115 | $137 | $159 | $184 | $210 | $238 | $1,000 |
Crest at Crosstown
Address: Toronto C13, Ontario
Price Range: $1,600,000 - $1,762,000
Avail. suites: 4
1.5—4 bd
636—2724 SqFt