Suite number:
205
Project:
Address:
Toronto, Ontario
Developer:
Aspen Ridge Homes
Property type:
condo
Floor plan:
Bathrooms:
2
Bedrooms:
2
Size:
1362 sqft
Occupancy Date:
Feb 2027
Price, CAD
$2,388,990
Available
ROI
Want to own a unit? —
Investment Period: 5 years
Yearly Return on Investment in Year 5
19.27%
Cumulative Return on Investment in Year 5
87.52%
Property Price at the End of Year 5
$3,078,000
Deposit Schedule
$5 at Signing
Total up to 5% in 90 days
$119,450
5% in 365 days
$119,450
5% on Occupancy
$119,450
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 | $124,000 | $131,000 | $137,000 | $145,000 | $152,000 | $160,000 | $168,000 | $177,000 | $186,000 | $196,000 | $1,577,000 |
| rent income | - | $23,000 | $41,000 | $42,000 | $44,000 | $46,000 | $48,000 | $50,000 | $52,000 | $55,000 | $402,000 |
| mortgage principal reduction | - | $17,000 | $30,000 | $32,000 | $33,000 | $35,000 | $37,000 | $38,000 | $40,000 | $42,000 | $305,000 |
| deposit interest | $6,000 | $11,000 | - | - | - | - | - | - | - | - | $17,000 |
| gst hst rebate | - | $24,000 | - | - | - | - | - | - | - | - | $24,000 |
| total income return | $130,000 | $206,000 | $208,000 | $219,000 | $230,000 | $241,000 | $253,000 | $266,000 | $279,000 | $293,000 | $2,324,000 |
Expense/ Investment
| Category | Y1 | Y2 | Y3 | Y4 | Y5 | Y6 | Y7 | Y8 | Y9 | Y10 | Total |
|---|---|---|---|---|---|---|---|---|---|---|---|
| deposit | $119,000 | $239,000 | - | - | - | - | - | - | - | - | $358,000 |
| remaining balance payment | - | $119,000 | - | - | - | - | - | - | - | - | $119,000 |
| closing cost | - | $133,000 | - | - | - | - | - | - | - | - | $133,000 |
| operating expense | - | $16,000 | $27,000 | $28,000 | $28,000 | $29,000 | $30,000 | $30,000 | $31,000 | $32,000 | $251,000 |
| mortgage payment | - | $70,000 | $120,000 | $120,000 | $120,000 | $120,000 | $120,000 | $120,000 | $120,000 | $120,000 | $1,027,000 |
| total expense investment | $119,000 | $577,000 | $147,000 | $147,000 | $148,000 | $149,000 | $149,000 | $150,000 | $151,000 | $151,000 | $1,889,000 |
Other
| Category | Y1 | Y2 | Y3 | Y4 | Y5 | Y6 | Y7 | Y8 | Y9 | Y10 | Total |
|---|---|---|---|---|---|---|---|---|---|---|---|
| net gain loss | $11,000 | -$371,112 | $62,000 | $71,000 | $82,000 | $92,000 | $104,000 | $116,000 | $128,000 | $141,000 | $436,000 |
| cumulative roi | $109 | $48 | $64 | $76 | $88 | $97 | $107 | $115 | $123 | $132 | $959 |
The Essery
Address: Toronto, Ontario
Price Range: $1,122,000 - $4,350,000
Avail. suites: 47
1—3.5 bd
741—2101 SqFt