Suite number:
211
Project:
Address:
Toronto, Ontario
Developer:
Aspen Ridge Homes
Property type:
condo
Floor plan:
Bathrooms:
2
Bedrooms:
2
Size:
972 sqft
Occupancy Date:
Feb 2027
Price, CAD
$1,573,990
Available
ROI
Want to own a unit? —
Investment Period: 5 years
Yearly Return on Investment in Year 5
19.13%
Cumulative Return on Investment in Year 5
88.16%
Property Price at the End of Year 5
$2,028,000
Deposit Schedule
$5 at Signing
Total up to 5% in 90 days
$78,700
5% in 365 days
$78,700
5% on Occupancy
$78,700
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 | $82,000 | $86,000 | $91,000 | $95,000 | $100,000 | $105,000 | $111,000 | $117,000 | $123,000 | $129,000 | $1,039,000 |
| rent income | - | $16,000 | $29,000 | $30,000 | $32,000 | $33,000 | $34,000 | $36,000 | $37,000 | $39,000 | $287,000 |
| mortgage principal reduction | - | $11,000 | $20,000 | $21,000 | $22,000 | $23,000 | $24,000 | $25,000 | $27,000 | $28,000 | $201,000 |
| deposit interest | $4,000 | $7,000 | - | - | - | - | - | - | - | - | $11,000 |
| gst hst rebate | - | $24,000 | - | - | - | - | - | - | - | - | $24,000 |
| total income return | $86,000 | $145,000 | $140,000 | $146,000 | $154,000 | $161,000 | $169,000 | $178,000 | $187,000 | $196,000 | $1,561,000 |
Expense/ Investment
| Category | Y1 | Y2 | Y3 | Y4 | Y5 | Y6 | Y7 | Y8 | Y9 | Y10 | Total |
|---|---|---|---|---|---|---|---|---|---|---|---|
| deposit | $79,000 | $157,000 | - | - | - | - | - | - | - | - | $236,000 |
| remaining balance payment | - | $79,000 | - | - | - | - | - | - | - | - | $79,000 |
| closing cost | - | $96,000 | - | - | - | - | - | - | - | - | $96,000 |
| operating expense | - | $11,000 | $19,000 | $19,000 | $20,000 | $20,000 | $21,000 | $21,000 | $22,000 | $22,000 | $176,000 |
| mortgage payment | - | $46,000 | $79,000 | $79,000 | $79,000 | $79,000 | $79,000 | $79,000 | $79,000 | $79,000 | $677,000 |
| total expense investment | $79,000 | $389,000 | $98,000 | $98,000 | $99,000 | $99,000 | $100,000 | $100,000 | $101,000 | $101,000 | $1,263,000 |
Other
| Category | Y1 | Y2 | Y3 | Y4 | Y5 | Y6 | Y7 | Y8 | Y9 | Y10 | Total |
|---|---|---|---|---|---|---|---|---|---|---|---|
| net gain loss | $7,000 | -$244,532 | $42,000 | $48,000 | $55,000 | $62,000 | $70,000 | $78,000 | $86,000 | $95,000 | $298,000 |
| cumulative roi | $109 | $49 | $64 | $77 | $88 | $98 | $107 | $116 | $125 | $133 | $967 |
The Essery
Address: Toronto, Ontario
Price Range: $1,122,000 - $4,350,000
Avail. suites: 47
1—3.5 bd
741—2101 SqFt