Suite number:
218
Project:
Address:
Toronto C01, Ontario
Developer:
Aspen Ridge Homes
Property type:
condo
Bathrooms:
2
Bedrooms:
2.5
Size:
1464 sqft
Occupancy Date:
Feb 2025
Price, CAD
$2,613,990
Available
ROI
Want to own a unit? —
Investment Period: 5 years
Yearly Return on Investment in Year 5
17.91%
Cumulative Return on Investment in Year 5
82.96%
Property Price at the End of Year 5
$3,368,000
Deposit Schedule
$5 at Signing
Total up to 15% in 10454 days
$392,099
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 | $136,000 | $143,000 | $150,000 | $158,000 | $166,000 | $175,000 | $184,000 | $194,000 | $204,000 | $214,000 | $1,725,000 |
| rent income | $43,000 | $53,000 | $56,000 | $58,000 | $60,000 | $63,000 | $66,000 | $69,000 | $71,000 | $75,000 | $613,000 |
| mortgage principal reduction | $28,000 | $35,000 | $37,000 | $38,000 | $40,000 | $42,000 | $44,000 | $46,000 | $48,000 | $50,000 | $408,000 |
| deposit interest | $1,000 | - | - | - | - | - | - | - | - | - | $1,000 |
| gst hst rebate | $24,000 | - | - | - | - | - | - | - | - | - | $24,000 |
| total income return | $231,000 | $231,000 | $243,000 | $254,000 | $267,000 | $280,000 | $294,000 | $308,000 | $323,000 | $339,000 | $2,771,000 |
Expense/ Investment
| Category | Y1 | Y2 | Y3 | Y4 | Y5 | Y6 | Y7 | Y8 | Y9 | Y10 | Total |
|---|---|---|---|---|---|---|---|---|---|---|---|
| deposit | $392,000 | - | - | - | - | - | - | - | - | - | $392,000 |
| remaining balance payment | $131,000 | - | - | - | - | - | - | - | - | - | $131,000 |
| closing cost | $143,000 | - | - | - | - | - | - | - | - | - | $143,000 |
| operating expense | $25,000 | $31,000 | $32,000 | $33,000 | $34,000 | $35,000 | $36,000 | $37,000 | $38,000 | $39,000 | $337,000 |
| mortgage payment | $106,000 | $127,000 | $127,000 | $127,000 | $127,000 | $127,000 | $127,000 | $127,000 | $127,000 | $127,000 | $1,250,000 |
| total expense investment | $796,000 | $158,000 | $159,000 | $160,000 | $161,000 | $162,000 | $163,000 | $164,000 | $165,000 | $166,000 | $2,253,000 |
Other
| Category | Y1 | Y2 | Y3 | Y4 | Y5 | Y6 | Y7 | Y8 | Y9 | Y10 | Total |
|---|---|---|---|---|---|---|---|---|---|---|---|
| net gain loss | -$564,772 | $73,000 | $84,000 | $95,000 | $106,000 | $118,000 | $131,000 | $144,000 | $158,000 | $173,000 | $518,000 |
| cumulative roi | $25 | $43 | $58 | $71 | $83 | $94 | $104 | $114 | $123 | $132 | $848 |
The Essery
Address: Toronto C01, Ontario
Price Range: $1,122,000 - $4,350,000
Avail. suites: 47
1—3.5 bd
741—2101 SqFt