Suite number:
211
Project:
Address:
Toronto C01, Ontario
Developer:
Aspen Ridge Homes
Property type:
condo
Bathrooms:
2
Bedrooms:
2
Size:
972 sqft
Occupancy Date:
Feb 2025
Price, CAD
$1,573,990
Available
ROI
Want to own a unit? —
Investment Period: 5 years
Yearly Return on Investment in Year 5
17.26%
Cumulative Return on Investment in Year 5
81.27%
Property Price at the End of Year 5
$2,028,000
Deposit Schedule
$5 at Signing
Total up to 15% in 10454 days
$236,099
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 | $24,000 | $29,000 | $31,000 | $32,000 | $33,000 | $35,000 | $36,000 | $38,000 | $40,000 | $41,000 | $339,000 |
| mortgage principal reduction | $17,000 | $21,000 | $22,000 | $23,000 | $24,000 | $25,000 | $26,000 | $28,000 | $29,000 | $30,000 | $246,000 |
| deposit interest | $662 | - | - | - | - | - | - | - | - | - | $662 |
| gst hst rebate | $24,000 | - | - | - | - | - | - | - | - | - | $24,000 |
| total income return | $147,000 | $137,000 | $143,000 | $150,000 | $158,000 | $166,000 | $174,000 | $182,000 | $191,000 | $201,000 | $1,648,000 |
Expense/ Investment
| Category | Y1 | Y2 | Y3 | Y4 | Y5 | Y6 | Y7 | Y8 | Y9 | Y10 | Total |
|---|---|---|---|---|---|---|---|---|---|---|---|
| deposit | $236,000 | - | - | - | - | - | - | - | - | - | $236,000 |
| remaining balance payment | $79,000 | - | - | - | - | - | - | - | - | - | $79,000 |
| closing cost | $95,000 | - | - | - | - | - | - | - | - | - | $95,000 |
| operating expense | $16,000 | $19,000 | $20,000 | $20,000 | $21,000 | $22,000 | $22,000 | $23,000 | $24,000 | $25,000 | $212,000 |
| mortgage payment | $64,000 | $77,000 | $77,000 | $77,000 | $77,000 | $77,000 | $77,000 | $77,000 | $77,000 | $77,000 | $753,000 |
| total expense investment | $489,000 | $96,000 | $96,000 | $97,000 | $98,000 | $98,000 | $99,000 | $100,000 | $100,000 | $101,000 | $1,375,000 |
Other
| Category | Y1 | Y2 | Y3 | Y4 | Y5 | Y6 | Y7 | Y8 | Y9 | Y10 | Total |
|---|---|---|---|---|---|---|---|---|---|---|---|
| net gain loss | -$342,324 | $41,000 | $47,000 | $53,000 | $60,000 | $67,000 | $75,000 | $82,000 | $91,000 | $99,000 | $273,000 |
| cumulative roi | $27 | $44 | $58 | $70 | $81 | $91 | $101 | $110 | $119 | $127 | $828 |
The Essery
Address: Toronto C01, Ontario
Price Range: $1,122,000 - $4,350,000
Avail. suites: 47
1—3.5 bd
741—2101 SqFt