Suite number:
218
Project:
Address:
Toronto C01, Ontario
Developer:
Aspen Ridge Homes
Property type:
condo
Floor plan:
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
17.51%
Cumulative Return on Investment in Year 5
81.03%
Property Price at the End of Year 5
$3,368,000
Deposit Schedule
$5 at Signing
Total up to 15% in 9999 days
$392,099
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 | $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 | $55,000 | $58,000 | $60,000 | $63,000 | $65,000 | $68,000 | $71,000 | $74,000 | $610,000 |
| mortgage principal reduction | $27,000 | $34,000 | $35,000 | $37,000 | $39,000 | $41,000 | $43,000 | $45,000 | $47,000 | $49,000 | $395,000 |
| deposit interest | $726 | - | - | - | - | - | - | - | - | - | $726 |
| gst hst rebate | $24,000 | - | - | - | - | - | - | - | - | - | $24,000 |
| total income return | $230,000 | $229,000 | $241,000 | $253,000 | $265,000 | $278,000 | $292,000 | $307,000 | $322,000 | $338,000 | $2,755,000 |
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 | $144,000 | - | - | - | - | - | - | - | - | - | $144,000 |
| operating expense | $25,000 | $30,000 | $31,000 | $32,000 | $32,000 | $33,000 | $34,000 | $35,000 | $36,000 | $36,000 | $324,000 |
| mortgage payment | $109,000 | $131,000 | $131,000 | $131,000 | $131,000 | $131,000 | $131,000 | $131,000 | $131,000 | $131,000 | $1,287,000 |
| total expense investment | $801,000 | $161,000 | $162,000 | $163,000 | $163,000 | $164,000 | $165,000 | $166,000 | $166,000 | $167,000 | $2,278,000 |
Other
| Category | Y1 | Y2 | Y3 | Y4 | Y5 | Y6 | Y7 | Y8 | Y9 | Y10 | Total |
|---|---|---|---|---|---|---|---|---|---|---|---|
| net gain loss | -$571,216 | $68,000 | $79,000 | $90,000 | $102,000 | $114,000 | $127,000 | $141,000 | $155,000 | $170,000 | $476,000 |
| cumulative roi | $25 | $42 | $57 | $70 | $81 | $92 | $101 | $111 | $120 | $129 | $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