Suite number:
228 - 2P(BF)
Project:
Address:
Toronto, Ontario
Developer:
Aspen Ridge Homes
Property type:
condo
Floor plan:
Bathrooms:
2
Bedrooms:
2
Size:
778 sqft
Occupancy Date:
Apr 2025
Price, CAD
$1,001,990
Available
ROI
Want to own a unit? —
Investment Period: 5 years
Yearly Return on Investment in Year 5
17.64%
Cumulative Return on Investment in Year 5
84.98%
Property Price at the End of Year 5
$1,291,000
Deposit Schedule
$5 at Signing
Total up to 10% in 9999 days
$100,199
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 | $52,000 | $55,000 | $58,000 | $61,000 | $64,000 | $67,000 | $71,000 | $74,000 | $78,000 | $82,000 | $661,000 |
| rent income | $19,000 | $23,000 | $24,000 | $26,000 | $27,000 | $28,000 | $29,000 | $30,000 | $31,000 | $33,000 | $270,000 |
| mortgage principal reduction | $10,000 | $13,000 | $13,000 | $14,000 | $15,000 | $16,000 | $16,000 | $17,000 | $18,000 | $19,000 | $151,000 |
| deposit interest | $378 | - | - | - | - | - | - | - | - | - | $378 |
| gst hst rebate | $24,000 | - | - | - | - | - | - | - | - | - | $24,000 |
| total income return | $105,000 | $91,000 | $96,000 | $100,000 | $105,000 | $110,000 | $116,000 | $122,000 | $128,000 | $134,000 | $1,107,000 |
Expense/ Investment
| Category | Y1 | Y2 | Y3 | Y4 | Y5 | Y6 | Y7 | Y8 | Y9 | Y10 | Total |
|---|---|---|---|---|---|---|---|---|---|---|---|
| deposit | $100,000 | - | - | - | - | - | - | - | - | - | $100,000 |
| remaining balance payment | $100,000 | - | - | - | - | - | - | - | - | - | $100,000 |
| closing cost | $74,000 | - | - | - | - | - | - | - | - | - | $74,000 |
| operating expense | $9,000 | $10,000 | $11,000 | $11,000 | $11,000 | $11,000 | $12,000 | $12,000 | $12,000 | $13,000 | $112,000 |
| mortgage payment | $42,000 | $50,000 | $50,000 | $50,000 | $50,000 | $50,000 | $50,000 | $50,000 | $50,000 | $50,000 | $493,000 |
| total expense investment | $324,000 | $61,000 | $61,000 | $61,000 | $61,000 | $62,000 | $62,000 | $62,000 | $62,000 | $63,000 | $879,000 |
Other
| Category | Y1 | Y2 | Y3 | Y4 | Y5 | Y6 | Y7 | Y8 | Y9 | Y10 | Total |
|---|---|---|---|---|---|---|---|---|---|---|---|
| net gain loss | -$218,810 | $31,000 | $35,000 | $39,000 | $44,000 | $49,000 | $54,000 | $59,000 | $65,000 | $71,000 | $228,000 |
| cumulative roi | $29 | $46 | $60 | $73 | $85 | $96 | $107 | $117 | $128 | $138 | $879 |
Crest at Crosstown
Address: Toronto, Ontario
Price Range: $912,000 - $2,479,000
Avail. suites: 23
1.5—4 bd
636—2724 SqFt