Suite number:
201
Project:
Address:
Toronto C01, Ontario
Developer:
Aspen Ridge Homes
Property type:
condo
Floor plan:
Bathrooms:
2
Bedrooms:
2
Size:
908 sqft
Occupancy Date:
Feb 2025
Price, CAD
$1,546,990
Available
ROI
Want to own a unit? —
Investment Period: 5 years
Yearly Return on Investment in Year 5
16.79%
Cumulative Return on Investment in Year 5
79.06%
Property Price at the End of Year 5
$1,993,000
Deposit Schedule
$5 at Signing
Total up to 15% in 9999 days
$232,049
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 | $22,000 | $28,000 | $29,000 | $30,000 | $31,000 | $33,000 | $34,000 | $35,000 | $37,000 | $39,000 | $317,000 |
| mortgage principal reduction | $16,000 | $20,000 | $21,000 | $22,000 | $23,000 | $24,000 | $25,000 | $26,000 | $28,000 | $29,000 | $234,000 |
| deposit interest | $430 | - | - | - | - | - | - | - | - | - | $430 |
| gst hst rebate | $24,000 | - | - | - | - | - | - | - | - | - | $24,000 |
| total income return | $143,000 | $132,000 | $139,000 | $145,000 | $153,000 | $160,000 | $168,000 | $177,000 | $185,000 | $194,000 | $1,596,000 |
Expense/ Investment
| Category | Y1 | Y2 | Y3 | Y4 | Y5 | Y6 | Y7 | Y8 | Y9 | Y10 | Total |
|---|---|---|---|---|---|---|---|---|---|---|---|
| deposit | $232,000 | - | - | - | - | - | - | - | - | - | $232,000 |
| remaining balance payment | $77,000 | - | - | - | - | - | - | - | - | - | $77,000 |
| closing cost | $95,000 | - | - | - | - | - | - | - | - | - | $95,000 |
| operating expense | $15,000 | $18,000 | $18,000 | $19,000 | $19,000 | $20,000 | $20,000 | $21,000 | $21,000 | $22,000 | $193,000 |
| mortgage payment | $65,000 | $77,000 | $77,000 | $77,000 | $77,000 | $77,000 | $77,000 | $77,000 | $77,000 | $77,000 | $762,000 |
| total expense investment | $484,000 | $96,000 | $96,000 | $96,000 | $97,000 | $97,000 | $98,000 | $98,000 | $99,000 | $99,000 | $1,359,000 |
Other
| Category | Y1 | Y2 | Y3 | Y4 | Y5 | Y6 | Y7 | Y8 | Y9 | Y10 | Total |
|---|---|---|---|---|---|---|---|---|---|---|---|
| net gain loss | -$341,468 | $36,000 | $43,000 | $49,000 | $56,000 | $63,000 | $70,000 | $78,000 | $87,000 | $95,000 | $236,000 |
| cumulative roi | $26 | $43 | $57 | $68 | $79 | $89 | $98 | $107 | $115 | $123 | $805 |
The Essery
Address: Toronto C01, Ontario
Price Range: $1,122,000 - $4,350,000
Avail. suites: 47
1—3.5 bd
741—2101 SqFt