Suite number:
205
Project:
Address:
Toronto C01, Ontario
Developer:
Aspen Ridge Homes
Property type:
condo
Floor plan:
Bathrooms:
2
Bedrooms:
2
Size:
1362 sqft
Occupancy Date:
Feb 2025
Price, CAD
$2,388,990
Available
ROI
Want to own a unit? —
Investment Period: 5 years
Yearly Return on Investment in Year 5
16.96%
Cumulative Return on Investment in Year 5
78.67%
Property Price at the End of Year 5
$3,078,000
Deposit Schedule
$5 at Signing
Total up to 15% in 9999 days
$358,349
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 | $33,000 | $41,000 | $43,000 | $45,000 | $47,000 | $49,000 | $51,000 | $53,000 | $55,000 | $58,000 | $475,000 |
| mortgage principal reduction | $24,000 | $31,000 | $32,000 | $34,000 | $35,000 | $37,000 | $39,000 | $41,000 | $43,000 | $45,000 | $361,000 |
| deposit interest | $664 | - | - | - | - | - | - | - | - | - | $664 |
| gst hst rebate | $24,000 | - | - | - | - | - | - | - | - | - | $24,000 |
| total income return | $206,000 | $203,000 | $213,000 | $223,000 | $234,000 | $246,000 | $258,000 | $271,000 | $284,000 | $299,000 | $2,437,000 |
Expense/ Investment
| Category | Y1 | Y2 | Y3 | Y4 | Y5 | Y6 | Y7 | Y8 | Y9 | Y10 | Total |
|---|---|---|---|---|---|---|---|---|---|---|---|
| deposit | $358,000 | - | - | - | - | - | - | - | - | - | $358,000 |
| remaining balance payment | $119,000 | - | - | - | - | - | - | - | - | - | $119,000 |
| closing cost | $133,000 | - | - | - | - | - | - | - | - | - | $133,000 |
| operating expense | $22,000 | $27,000 | $28,000 | $29,000 | $29,000 | $30,000 | $31,000 | $31,000 | $32,000 | $33,000 | $292,000 |
| mortgage payment | $100,000 | $120,000 | $120,000 | $120,000 | $120,000 | $120,000 | $120,000 | $120,000 | $120,000 | $120,000 | $1,176,000 |
| total expense investment | $733,000 | $147,000 | $148,000 | $148,000 | $149,000 | $150,000 | $150,000 | $151,000 | $152,000 | $152,000 | $2,079,000 |
Other
| Category | Y1 | Y2 | Y3 | Y4 | Y5 | Y6 | Y7 | Y8 | Y9 | Y10 | Total |
|---|---|---|---|---|---|---|---|---|---|---|---|
| net gain loss | -$526,565 | $56,000 | $65,000 | $75,000 | $85,000 | $96,000 | $108,000 | $120,000 | $133,000 | $146,000 | $359,000 |
| cumulative roi | $25 | $42 | $56 | $68 | $79 | $88 | $98 | $106 | $115 | $123 | $800 |
The Essery
Address: Toronto C01, Ontario
Price Range: $1,122,000 - $4,350,000
Avail. suites: 47
1—3.5 bd
741—2101 SqFt