Suite number:
1D+D
Project:
Address:
Ajax, Ontario
Developer:
Your Home Developments
Property type:
condo
Bathrooms:
1
Bedrooms:
1.5
Size:
637 sqft
Occupancy Date:
Sep 2027
$750,900
Available
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Investment Period: 5 years
Yearly Return on Investment in Year 5
26.90%
Cumulative Return on Investment in Year 5
128.47%
Property Price at the End of Year 5
$967,000
Deposit Schedule
$5,000 at Signing
Total up to 2.5% in 0 days
$18,773
2.5% in 0 days
$18,773
2.5% in 0 days
$18,773
2.5% in 0 days
$18,773
2.5% in 0 days
$18,773
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 | $39,000 | $41,000 | $43,000 | $45,000 | $48,000 | $50,000 | $53,000 | $56,000 | $59,000 | $62,000 | $496,000 |
rent income | - | - | $6,000 | $23,000 | $24,000 | $25,000 | $26,000 | $27,000 | $28,000 | $29,000 | $186,000 |
mortgage principal reduction | - | - | $2,000 | $10,000 | $10,000 | $11,000 | $11,000 | $12,000 | $12,000 | $13,000 | $81,000 |
deposit interest | $4,000 | $7,000 | $4,000 | - | - | - | - | - | - | - | $14,000 |
gst hst rebate | - | - | $24,000 | - | - | - | - | - | - | - | $24,000 |
total income return | $42,000 | $48,000 | $79,000 | $78,000 | $82,000 | $86,000 | $90,000 | $94,000 | $99,000 | $104,000 | $801,000 |
Expense/ Investment
Category | Y1 | Y2 | Y3 | Y4 | Y5 | Y6 | Y7 | Y8 | Y9 | Y10 | Total |
---|---|---|---|---|---|---|---|---|---|---|---|
deposit | $56,000 | $38,000 | $38,000 | - | - | - | - | - | - | - | $131,000 |
remaining balance payment | - | - | - | - | - | - | - | - | - | - | - |
closing cost | - | - | $50,000 | - | - | - | - | - | - | - | $50,000 |
operating expense | - | - | $2,000 | $9,000 | $9,000 | $9,000 | $10,000 | $10,000 | $10,000 | $11,000 | $70,000 |
mortgage payment | - | - | $9,000 | $37,000 | $37,000 | $37,000 | $37,000 | $37,000 | $37,000 | $37,000 | $265,000 |
total expense investment | $56,000 | $38,000 | $99,000 | $45,000 | $46,000 | $46,000 | $46,000 | $46,000 | $47,000 | $47,000 | $516,000 |
Other
Category | Y1 | Y2 | Y3 | Y4 | Y5 | Y6 | Y7 | Y8 | Y9 | Y10 | Total |
---|---|---|---|---|---|---|---|---|---|---|---|
net gain loss | -$13,822 | $11,000 | -$20,517 | $33,000 | $36,000 | $40,000 | $44,000 | $48,000 | $52,000 | $56,000 | $285,000 |
cumulative roi | $75 | $97 | $96 | $113 | $128 | $143 | $156 | $169 | $183 | $196 | $1,000 |
Lake Pointe Condos
Address: Ajax, Ontario
Price Range: $599,000 - $1,180,000
Avail. suites: 28
1—3 bd
480—1179 SqFt