Suite number:
RLAG-1 (Elev. B,C,D,E)
Project:
Address:
Toronto C13, Ontario
Developer:
Aspen Ridge Homes
Property type:
condo
Bathrooms:
2
Bedrooms:
3
Size:
2214 sqft
Occupancy Date:
Apr 2025
Price, CAD
$1,599,990
Available
ROI
Want to own a unit? —
Investment Period: 5 years
Yearly Return on Investment in Year 5
24.59%
Cumulative Return on Investment in Year 5
114.90%
Property Price at the End of Year 5
$2,061,000
Deposit Schedule
$5 at Signing
Total up to 5% in 120 days
$80,000
5% on Occupancy
$80,000
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 | $83,000 | $88,000 | $92,000 | $97,000 | $102,000 | $107,000 | $113,000 | $119,000 | $125,000 | $131,000 | $1,056,000 |
| rent income | $45,000 | $80,000 | $83,000 | $87,000 | $90,000 | $94,000 | $98,000 | $103,000 | $107,000 | $112,000 | $899,000 |
| mortgage principal reduction | $12,000 | $21,000 | $22,000 | $23,000 | $24,000 | $25,000 | $27,000 | $28,000 | $29,000 | $30,000 | $242,000 |
| deposit interest | $1,000 | - | - | - | - | - | - | - | - | - | $1,000 |
| gst hst rebate | $24,000 | - | - | - | - | - | - | - | - | - | $24,000 |
| total income return | $166,000 | $188,000 | $197,000 | $207,000 | $217,000 | $227,000 | $238,000 | $249,000 | $261,000 | $273,000 | $2,222,000 |
Expense/ Investment
| Category | Y1 | Y2 | Y3 | Y4 | Y5 | Y6 | Y7 | Y8 | Y9 | Y10 | Total |
|---|---|---|---|---|---|---|---|---|---|---|---|
| deposit | $160,000 | - | - | - | - | - | - | - | - | - | $160,000 |
| remaining balance payment | $160,000 | - | - | - | - | - | - | - | - | - | $160,000 |
| closing cost | $96,000 | - | - | - | - | - | - | - | - | - | $96,000 |
| operating expense | $16,000 | $27,000 | $28,000 | $29,000 | $30,000 | $31,000 | $32,000 | $33,000 | $34,000 | $35,000 | $293,000 |
| mortgage payment | $45,000 | $78,000 | $78,000 | $78,000 | $78,000 | $78,000 | $78,000 | $78,000 | $78,000 | $78,000 | $746,000 |
| total expense investment | $477,000 | $105,000 | $106,000 | $107,000 | $108,000 | $109,000 | $110,000 | $111,000 | $112,000 | $113,000 | $1,455,000 |
Other
| Category | Y1 | Y2 | Y3 | Y4 | Y5 | Y6 | Y7 | Y8 | Y9 | Y10 | Total |
|---|---|---|---|---|---|---|---|---|---|---|---|
| net gain loss | -$311,144 | $83,000 | $92,000 | $100,000 | $109,000 | $118,000 | $128,000 | $138,000 | $149,000 | $160,000 | $767,000 |
| cumulative roi | $28 | $51 | $72 | $93 | $115 | $137 | $160 | $184 | $211 | $239 | $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