Suite number:
102 - 1K+D
Project:
Address:
Ajax, Ontario
Developer:
Your Home Developments
Property type:
condo
Floor plan:
Bathrooms:
1
Bedrooms:
1.5
Size:
566 sqft
Occupancy Date:
Sep 2027
Price, CAD
$672,900
Available
ROI
Want to own a unit? —
Investment Period: 5 years
Yearly Return on Investment in Year 5
24.85%
Cumulative Return on Investment in Year 5
118.17%
Property Price at the End of Year 5
$867,000
Deposit Schedule
$5,000 at Signing
Total up to 2.5% in -120 days
$16,823
2.5% in 30 days
$16,823
2.5% in 33 days
$16,823
2.5% in 245 days
$16,823
2.5% in 398 days
$16,823
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 | $35,000 | $37,000 | $39,000 | $41,000 | $43,000 | $45,000 | $47,000 | $50,000 | $52,000 | $55,000 | $444,000 |
rent income | - | - | $7,000 | $20,000 | $21,000 | $22,000 | $23,000 | $24,000 | $25,000 | $26,000 | $166,000 |
mortgage principal reduction | - | - | $3,000 | $8,000 | $9,000 | $9,000 | $10,000 | $10,000 | $11,000 | $11,000 | $71,000 |
deposit interest | -$1,635 | $7,000 | $3,000 | - | - | - | - | - | - | - | $8,000 |
gst hst rebate | - | - | $24,000 | - | - | - | - | - | - | - | $24,000 |
total income return | $33,000 | $44,000 | $75,000 | $69,000 | $73,000 | $76,000 | $80,000 | $84,000 | $88,000 | $92,000 | $713,000 |
Expense/ Investment
Category | Y1 | Y2 | Y3 | Y4 | Y5 | Y6 | Y7 | Y8 | Y9 | Y10 | Total |
---|---|---|---|---|---|---|---|---|---|---|---|
deposit | $50,000 | $34,000 | $34,000 | - | - | - | - | - | - | - | $118,000 |
remaining balance payment | - | - | - | - | - | - | - | - | - | - | - |
closing cost | - | - | $50,000 | - | - | - | - | - | - | - | $50,000 |
operating expense | - | - | $3,000 | $8,000 | $8,000 | $8,000 | $8,000 | $9,000 | $9,000 | $9,000 | $61,000 |
mortgage payment | - | - | $11,000 | $34,000 | $34,000 | $34,000 | $34,000 | $34,000 | $34,000 | $34,000 | $247,000 |
total expense investment | $50,000 | $34,000 | $98,000 | $41,000 | $42,000 | $42,000 | $42,000 | $42,000 | $42,000 | $43,000 | $476,000 |
Other
Category | Y1 | Y2 | Y3 | Y4 | Y5 | Y6 | Y7 | Y8 | Y9 | Y10 | Total |
---|---|---|---|---|---|---|---|---|---|---|---|
net gain loss | -$17,211 | $10,000 | -$23,169 | $28,000 | $31,000 | $34,000 | $38,000 | $42,000 | $45,000 | $50,000 | $237,000 |
cumulative roi | $69 | $91 | $87 | $104 | $118 | $132 | $144 | $157 | $169 | $182 | $1,000 |
Lake Pointe Condos
Address: Ajax, Ontario
Price Range: $599,000 - $1,180,000
Avail. suites: 28
1—3 bd
480—1179 SqFt