Suite number:
205
Project:
Address:
Toronto C01, Ontario
Developer:
Aspen Ridge Homes
Property type:
condo
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
17.32%
Cumulative Return on Investment in Year 5
80.42%
Property Price at the End of Year 5
$3,078,000
Deposit Schedule
$5 at Signing
Total up to 15% in 10454 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 | $26,000 | $32,000 | $33,000 | $35,000 | $37,000 | $38,000 | $40,000 | $42,000 | $44,000 | $46,000 | $373,000 |
| deposit interest | $1,000 | - | - | - | - | - | - | - | - | - | $1,000 |
| gst hst rebate | $24,000 | - | - | - | - | - | - | - | - | - | $24,000 |
| total income return | $208,000 | $204,000 | $214,000 | $225,000 | $236,000 | $247,000 | $259,000 | $272,000 | $286,000 | $300,000 | $2,450,000 |
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 | $131,000 | - | - | - | - | - | - | - | - | - | $131,000 |
| operating expense | $22,000 | $28,000 | $28,000 | $29,000 | $30,000 | $31,000 | $32,000 | $33,000 | $34,000 | $35,000 | $304,000 |
| mortgage payment | $97,000 | $116,000 | $116,000 | $116,000 | $116,000 | $116,000 | $116,000 | $116,000 | $116,000 | $116,000 | $1,143,000 |
| total expense investment | $728,000 | $144,000 | $145,000 | $146,000 | $146,000 | $147,000 | $148,000 | $149,000 | $150,000 | $151,000 | $2,056,000 |
Other
| Category | Y1 | Y2 | Y3 | Y4 | Y5 | Y6 | Y7 | Y8 | Y9 | Y10 | Total |
|---|---|---|---|---|---|---|---|---|---|---|---|
| net gain loss | -$520,746 | $60,000 | $69,000 | $79,000 | $89,000 | $100,000 | $111,000 | $123,000 | $135,000 | $148,000 | $394,000 |
| cumulative roi | $25 | $43 | $57 | $69 | $80 | $90 | $100 | $109 | $117 | $126 | $817 |
The Essery
Address: Toronto C01, Ontario
Price Range: $1,122,000 - $4,350,000
Avail. suites: 47
1—3.5 bd
741—2101 SqFt