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
19.03%
Cumulative Return on Investment in Year 5
87.77%
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 | - | $15,000 | $27,000 | $28,000 | $29,000 | $31,000 | $32,000 | $33,000 | $35,000 | $36,000 | $268,000 |
| mortgage principal reduction | - | $11,000 | $20,000 | $21,000 | $22,000 | $23,000 | $24,000 | $25,000 | $26,000 | $27,000 | $198,000 |
| deposit interest | $4,000 | $7,000 | - | - | - | - | - | - | - | - | $11,000 |
| gst hst rebate | - | $24,000 | - | - | - | - | - | - | - | - | $24,000 |
| total income return | $84,000 | $142,000 | $136,000 | $142,000 | $150,000 | $157,000 | $165,000 | $173,000 | $182,000 | $191,000 | $1,521,000 |
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 | - | $10,000 | $18,000 | $18,000 | $19,000 | $19,000 | $20,000 | $20,000 | $21,000 | $21,000 | $166,000 |
| mortgage payment | - | $45,000 | $77,000 | $77,000 | $77,000 | $77,000 | $77,000 | $77,000 | $77,000 | $77,000 | $665,000 |
| total expense investment | $77,000 | $383,000 | $95,000 | $96,000 | $96,000 | $97,000 | $97,000 | $98,000 | $98,000 | $98,000 | $1,236,000 |
Other
| Category | Y1 | Y2 | Y3 | Y4 | Y5 | Y6 | Y7 | Y8 | Y9 | Y10 | Total |
|---|---|---|---|---|---|---|---|---|---|---|---|
| net gain loss | $7,000 | -$240,903 | $40,000 | $47,000 | $53,000 | $60,000 | $68,000 | $75,000 | $84,000 | $92,000 | $285,000 |
| cumulative roi | $109 | $49 | $64 | $77 | $88 | $98 | $107 | $115 | $124 | $132 | $962 |
The Essery
Address: Toronto, Ontario
Price Range: $1,122,000 - $4,350,000
Avail. suites: 47
1—3.5 bd
741—2101 SqFt