Suite number:
1D+D
Project:
Address:
Ajax, Ontario
Developer:
Your Home Developments
Property type:
condo
Floor plan:
Bathrooms:
1
Bedrooms:
1.5
Size:
637 sqft
Occupancy Date:
Sep 2027
Price, CAD
$750,900
Available
ROI
Want to own a unit? —
Investment Period: 5 years
Yearly Return on Investment in Year 5
25.36%
Cumulative Return on Investment in Year 5
119.33%
Property Price at the End of Year 5
$967,000
Deposit Schedule
$5,000 at Signing
Total up to 2.5% in -120 days
$18,773
2.5% in 30 days
$18,773
2.5% in 33 days
$18,773
2.5% in 245 days
$18,773
2.5% in 398 days
$18,773
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 | $39,000 | $41,000 | $43,000 | $45,000 | $48,000 | $50,000 | $53,000 | $56,000 | $59,000 | $62,000 | $496,000 |
| rent income | - | - | $7,000 | $23,000 | $24,000 | $25,000 | $26,000 | $27,000 | $28,000 | $29,000 | $187,000 |
| mortgage principal reduction | - | - | $3,000 | $9,000 | $10,000 | $10,000 | $11,000 | $11,000 | $12,000 | $13,000 | $79,000 |
| deposit interest | -$1,824 | $8,000 | $3,000 | - | - | - | - | - | - | - | $9,000 |
| gst hst rebate | - | - | $24,000 | - | - | - | - | - | - | - | $24,000 |
| total income return | $37,000 | $49,000 | $81,000 | $77,000 | $81,000 | $85,000 | $89,000 | $94,000 | $98,000 | $103,000 | $795,000 |
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 | - | - | $52,000 | - | - | - | - | - | - | - | $52,000 |
| operating expense | - | - | $3,000 | $9,000 | $9,000 | $9,000 | $9,000 | $10,000 | $10,000 | $10,000 | $69,000 |
| mortgage payment | - | - | $13,000 | $38,000 | $38,000 | $38,000 | $38,000 | $38,000 | $38,000 | $38,000 | $276,000 |
| total expense investment | $56,000 | $38,000 | $105,000 | $46,000 | $47,000 | $47,000 | $47,000 | $47,000 | $47,000 | $48,000 | $528,000 |
Other
| Category | Y1 | Y2 | Y3 | Y4 | Y5 | Y6 | Y7 | Y8 | Y9 | Y10 | Total |
|---|---|---|---|---|---|---|---|---|---|---|---|
| net gain loss | -$19,206 | $11,000 | -$24,307 | $31,000 | $35,000 | $38,000 | $42,000 | $47,000 | $51,000 | $56,000 | $267,000 |
| cumulative roi | $69 | $91 | $88 | $105 | $119 | $133 | $146 | $159 | $171 | $184 | $1,000 |
Lake Pointe Condos
Address: Ajax, Ontario
Price Range: $599,000 - $1,180,000
Avail. suites: 28
1—3 bd
480—1179 SqFt