Suite number:
218
Project:
Address:
Toronto, Ontario
Developer:
Aspen Ridge Homes
Property type:
condo
Floor plan:
Bathrooms:
2
Bedrooms:
2.5
Size:
1464 sqft
Occupancy Date:
Feb 2027
Price, CAD
$2,613,990
Available
ROI
Want to own a unit? —
Investment Period: 5 years
Yearly Return on Investment in Year 5
20.36%
Cumulative Return on Investment in Year 5
91.82%
Property Price at the End of Year 5
$3,368,000
Deposit Schedule
$5 at Signing
Total up to 5% in 90 days
$130,700
5% in 365 days
$130,700
5% on Occupancy
$130,700
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 | $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 | - | $17,000 | $52,000 | $54,000 | $56,000 | $59,000 | $61,000 | $64,000 | $67,000 | $70,000 | $500,000 |
| mortgage principal reduction | - | $11,000 | $33,000 | $34,000 | $36,000 | $38,000 | $40,000 | $42,000 | $44,000 | $46,000 | $322,000 |
| deposit interest | $7,000 | $15,000 | - | - | - | - | - | - | - | - | $22,000 |
| gst hst rebate | - | $24,000 | - | - | - | - | - | - | - | - | $24,000 |
| total income return | $142,000 | $210,000 | $235,000 | $247,000 | $259,000 | $272,000 | $285,000 | $299,000 | $314,000 | $330,000 | $2,593,000 |
Expense/ Investment
| Category | Y1 | Y2 | Y3 | Y4 | Y5 | Y6 | Y7 | Y8 | Y9 | Y10 | Total |
|---|---|---|---|---|---|---|---|---|---|---|---|
| deposit | $131,000 | $261,000 | - | - | - | - | - | - | - | - | $392,000 |
| remaining balance payment | - | $131,000 | - | - | - | - | - | - | - | - | $131,000 |
| closing cost | - | $144,000 | - | - | - | - | - | - | - | - | $144,000 |
| operating expense | - | $10,000 | $30,000 | $31,000 | $31,000 | $32,000 | $33,000 | $34,000 | $34,000 | $35,000 | $270,000 |
| mortgage payment | - | $44,000 | $131,000 | $131,000 | $131,000 | $131,000 | $131,000 | $131,000 | $131,000 | $131,000 | $1,091,000 |
| total expense investment | $131,000 | $590,000 | $161,000 | $162,000 | $162,000 | $163,000 | $164,000 | $164,000 | $165,000 | $166,000 | $2,028,000 |
Other
| Category | Y1 | Y2 | Y3 | Y4 | Y5 | Y6 | Y7 | Y8 | Y9 | Y10 | Total |
|---|---|---|---|---|---|---|---|---|---|---|---|
| net gain loss | $12,000 | -$379,956 | $74,000 | $85,000 | $97,000 | $109,000 | $121,000 | $135,000 | $149,000 | $164,000 | $565,000 |
| cumulative roi | $109 | $50 | $66 | $80 | $92 | $102 | $112 | $122 | $131 | $140 | $1,000 |
The Essery
Address: Toronto, Ontario
Price Range: $1,122,000 - $4,350,000
Avail. suites: 47
1—3.5 bd
741—2101 SqFt