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
19.83%
Cumulative Return on Investment in Year 5
89.67%
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 | - | $13,000 | $40,000 | $42,000 | $44,000 | $46,000 | $48,000 | $50,000 | $52,000 | $54,000 | $388,000 |
| mortgage principal reduction | - | $10,000 | $30,000 | $31,000 | $33,000 | $35,000 | $36,000 | $38,000 | $40,000 | $42,000 | $294,000 |
| deposit interest | $6,000 | $14,000 | - | - | - | - | - | - | - | - | $20,000 |
| gst hst rebate | - | $24,000 | - | - | - | - | - | - | - | - | $24,000 |
| total income return | $130,000 | $192,000 | $208,000 | $218,000 | $229,000 | $240,000 | $252,000 | $265,000 | $278,000 | $292,000 | $2,303,000 |
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 | - | $9,000 | $27,000 | $28,000 | $28,000 | $29,000 | $30,000 | $30,000 | $31,000 | $32,000 | $243,000 |
| mortgage payment | - | $40,000 | $120,000 | $120,000 | $120,000 | $120,000 | $120,000 | $120,000 | $120,000 | $120,000 | $997,000 |
| total expense investment | $119,000 | $540,000 | $147,000 | $147,000 | $148,000 | $149,000 | $149,000 | $150,000 | $151,000 | $151,000 | $1,851,000 |
Other
| Category | Y1 | Y2 | Y3 | Y4 | Y5 | Y6 | Y7 | Y8 | Y9 | Y10 | Total |
|---|---|---|---|---|---|---|---|---|---|---|---|
| net gain loss | $11,000 | -$348,580 | $61,000 | $71,000 | $81,000 | $92,000 | $103,000 | $115,000 | $127,000 | $141,000 | $452,000 |
| cumulative roi | $109 | $50 | $66 | $79 | $90 | $100 | $109 | $117 | $125 | $134 | $977 |
The Essery
Address: Toronto, Ontario
Price Range: $1,122,000 - $4,350,000
Avail. suites: 47
1—3.5 bd
741—2101 SqFt