Suite number:
304 - 2R
Project:
Address:
Toronto, Ontario
Developer:
Aspen Ridge Homes
Property type:
condo
Floor plan:
Bathrooms:
2
Bedrooms:
2
Size:
834 sqft
Occupancy Date:
Apr 2025
Price, CAD
$1,073,990
Available
ROI
Want to own a unit? —
Investment Period: 5 years
Yearly Return on Investment in Year 5
17.73%
Cumulative Return on Investment in Year 5
85.05%
Property Price at the End of Year 5
$1,384,000
Deposit Schedule
$5 at Signing
Total up to 10% in 9999 days
$107,399
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 | $56,000 | $59,000 | $62,000 | $65,000 | $68,000 | $72,000 | $76,000 | $80,000 | $84,000 | $88,000 | $709,000 |
| rent income | $20,000 | $25,000 | $26,000 | $27,000 | $29,000 | $30,000 | $31,000 | $32,000 | $34,000 | $35,000 | $290,000 |
| mortgage principal reduction | $11,000 | $14,000 | $14,000 | $15,000 | $16,000 | $17,000 | $17,000 | $18,000 | $19,000 | $20,000 | $162,000 |
| deposit interest | $405 | - | - | - | - | - | - | - | - | - | $405 |
| gst hst rebate | $24,000 | - | - | - | - | - | - | - | - | - | $24,000 |
| total income return | $111,000 | $98,000 | $102,000 | $108,000 | $113,000 | $118,000 | $124,000 | $130,000 | $137,000 | $143,000 | $1,185,000 |
Expense/ Investment
| Category | Y1 | Y2 | Y3 | Y4 | Y5 | Y6 | Y7 | Y8 | Y9 | Y10 | Total |
|---|---|---|---|---|---|---|---|---|---|---|---|
| deposit | $107,000 | - | - | - | - | - | - | - | - | - | $107,000 |
| remaining balance payment | $107,000 | - | - | - | - | - | - | - | - | - | $107,000 |
| closing cost | $76,000 | - | - | - | - | - | - | - | - | - | $76,000 |
| operating expense | $9,000 | $11,000 | $11,000 | $12,000 | $12,000 | $12,000 | $13,000 | $13,000 | $13,000 | $13,000 | $120,000 |
| mortgage payment | $45,000 | $54,000 | $54,000 | $54,000 | $54,000 | $54,000 | $54,000 | $54,000 | $54,000 | $54,000 | $529,000 |
| total expense investment | $345,000 | $65,000 | $65,000 | $65,000 | $66,000 | $66,000 | $66,000 | $67,000 | $67,000 | $67,000 | $940,000 |
Other
| Category | Y1 | Y2 | Y3 | Y4 | Y5 | Y6 | Y7 | Y8 | Y9 | Y10 | Total |
|---|---|---|---|---|---|---|---|---|---|---|---|
| net gain loss | -$233,853 | $33,000 | $37,000 | $42,000 | $47,000 | $52,000 | $58,000 | $64,000 | $70,000 | $76,000 | $245,000 |
| cumulative roi | $28 | $45 | $60 | $73 | $85 | $96 | $107 | $118 | $128 | $138 | $880 |
Crest at Crosstown
Address: Toronto, Ontario
Price Range: $912,000 - $2,479,000
Avail. suites: 23
1.5—4 bd
636—2724 SqFt