Suite number:
211
Project:
Address:
Toronto C01, Ontario
Developer:
Aspen Ridge Homes
Property type:
condo
Floor plan:
Bathrooms:
2
Bedrooms:
2
Size:
972 sqft
Occupancy Date:
Feb 2025
Price, CAD
$1,573,990
Available
ROI
10,94%
Monthly Expenses
- condo fees— $953
- property taxes— $393
- property management— $146
- repairs and maintenance— $73
Total: $1,565
Want to own a unit? —
Investment Period: 5 years
Yearly Return on Investment in Year 5
16.89%
Cumulative Return on Investment in Year 5
79.48%
Property Price at the End of Year 5
$2,028,000
Deposit Schedule
$5 at Signing
Total up to 15% in 9999 days
$236,099
Net Gain (Loss)
- Net Gain Loss
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Property Price Appreciation
- 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 | $16,000 | $20,000 | $21,000 | $22,000 | $23,000 | $24,000 | $26,000 | $27,000 | $28,000 | $30,000 | $238,000 |
| deposit interest | $437 | - | - | - | - | - | - | - | - | - | $437 |
| gst hst rebate | $24,000 | - | - | - | - | - | - | - | - | - | $24,000 |
| total income return | $146,000 | $136,000 | $142,000 | $150,000 | $157,000 | $165,000 | $173,000 | $181,000 | $190,000 | $200,000 | $1,640,000 |
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 | $96,000 | - | - | - | - | - | - | - | - | - | $96,000 |
| operating expense | $16,000 | $19,000 | $20,000 | $20,000 | $20,000 | $21,000 | $21,000 | $22,000 | $22,000 | $23,000 | $204,000 |
| mortgage payment | $66,000 | $79,000 | $79,000 | $79,000 | $79,000 | $79,000 | $79,000 | $79,000 | $79,000 | $79,000 | $775,000 |
| total expense investment | $493,000 | $98,000 | $98,000 | $99,000 | $99,000 | $100,000 | $100,000 | $101,000 | $101,000 | $102,000 | $1,390,000 |
Other
| Category | Y1 | Y2 | Y3 | Y4 | Y5 | Y6 | Y7 | Y8 | Y9 | Y10 | Total |
|---|---|---|---|---|---|---|---|---|---|---|---|
| net gain loss | -$346,669 | $38,000 | $44,000 | $51,000 | $58,000 | $65,000 | $73,000 | $81,000 | $89,000 | $98,000 | $250,000 |
| cumulative roi | $26 | $43 | $57 | $69 | $79 | $89 | $99 | $107 | $116 | $125 | $810 |
The Essery
Address: Toronto C01, Ontario
Price Range: $1,122,000 - $4,350,000
Avail. suites: 47
1—3.5 bd
741—2101 SqFt
Proforma Calculator
80% of Original Price
Options for changing mortgage terms
The rental rate per square foot.