Suite number:
201
Project:
Address:
Toronto, Ontario
Developer:
Aspen Ridge Homes
Property type:
condo
Floor plan:
Bathrooms:
2
Bedrooms:
2
Size:
908 sqft
Occupancy Date:
Feb 2027
Price, CAD
$1,546,990
Available
ROI
Want to own a unit? —
Investment Period: 5 years
Yearly Return on Investment in Year 5
19.57%
Cumulative Return on Investment in Year 5
89.89%
Property Price at the End of Year 5
$1,993,000
Deposit Schedule
$5 at Signing
Total up to 5% in 90 days
$77,350
5% in 365 days
$77,350
5% on Occupancy
$77,350
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 | $80,000 | $85,000 | $89,000 | $94,000 | $99,000 | $104,000 | $109,000 | $115,000 | $121,000 | $127,000 | $1,021,000 |
| rent income | - | $9,000 | $27,000 | $28,000 | $29,000 | $30,000 | $32,000 | $33,000 | $35,000 | $36,000 | $258,000 |
| mortgage principal reduction | - | $6,000 | $19,000 | $20,000 | $21,000 | $22,000 | $23,000 | $25,000 | $26,000 | $27,000 | $191,000 |
| deposit interest | $4,000 | $9,000 | - | - | - | - | - | - | - | - | $13,000 |
| gst hst rebate | - | $24,000 | - | - | - | - | - | - | - | - | $24,000 |
| total income return | $84,000 | $133,000 | $135,000 | $142,000 | $149,000 | $156,000 | $164,000 | $172,000 | $181,000 | $190,000 | $1,507,000 |
Expense/ Investment
| Category | Y1 | Y2 | Y3 | Y4 | Y5 | Y6 | Y7 | Y8 | Y9 | Y10 | Total |
|---|---|---|---|---|---|---|---|---|---|---|---|
| deposit | $77,000 | $155,000 | - | - | - | - | - | - | - | - | $232,000 |
| remaining balance payment | - | $77,000 | - | - | - | - | - | - | - | - | $77,000 |
| closing cost | - | $95,000 | - | - | - | - | - | - | - | - | $95,000 |
| operating expense | - | $6,000 | $18,000 | $18,000 | $19,000 | $19,000 | $20,000 | $20,000 | $20,000 | $21,000 | $161,000 |
| mortgage payment | - | $26,000 | $77,000 | $77,000 | $77,000 | $77,000 | $77,000 | $77,000 | $77,000 | $77,000 | $646,000 |
| total expense investment | $77,000 | $359,000 | $95,000 | $96,000 | $96,000 | $97,000 | $97,000 | $97,000 | $98,000 | $98,000 | $1,211,000 |
Other
| Category | Y1 | Y2 | Y3 | Y4 | Y5 | Y6 | Y7 | Y8 | Y9 | Y10 | Total |
|---|---|---|---|---|---|---|---|---|---|---|---|
| net gain loss | $7,000 | -$226,408 | $40,000 | $46,000 | $53,000 | $60,000 | $67,000 | $75,000 | $83,000 | $92,000 | $296,000 |
| cumulative roi | $109 | $51 | $66 | $79 | $90 | $100 | $109 | $117 | $126 | $134 | $980 |
The Essery
Address: Toronto, Ontario
Price Range: $1,122,000 - $4,350,000
Avail. suites: 47
1—3.5 bd
741—2101 SqFt