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
26.23%
Cumulative Return on Investment in Year 5
127.16%
Property Price at the End of Year 5
$867,000
Deposit Schedule
$5,000 at Signing
Total up to 2.5% in -249 days
$16,823
2.5% in -96 days
$16,823
2.5% in 30 days
$16,823
2.5% in 116 days
$16,823
2.5% in 269 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 | - | - | $15,000 | $20,000 | $21,000 | $22,000 | $23,000 | $24,000 | $25,000 | $26,000 | $177,000 |
| mortgage principal reduction | - | - | $6,000 | $9,000 | $9,000 | $9,000 | $10,000 | $10,000 | $11,000 | $11,000 | $76,000 |
| deposit interest | $4,000 | $5,000 | $727 | - | - | - | - | - | - | - | $10,000 |
| gst hst rebate | - | - | $24,000 | - | - | - | - | - | - | - | $24,000 |
| total income return | $39,000 | $42,000 | $84,000 | $70,000 | $73,000 | $77,000 | $80,000 | $84,000 | $89,000 | $93,000 | $731,000 |
Expense/ Investment
| Category | Y1 | Y2 | Y3 | Y4 | Y5 | Y6 | Y7 | Y8 | Y9 | Y10 | Total |
|---|---|---|---|---|---|---|---|---|---|---|---|
| deposit | $50,000 | $17,000 | $34,000 | - | - | - | - | - | - | - | $101,000 |
| remaining balance payment | - | - | - | - | - | - | - | - | - | - | - |
| closing cost | - | - | $50,000 | - | - | - | - | - | - | - | $50,000 |
| operating expense | - | - | $6,000 | $8,000 | $8,000 | $8,000 | $8,000 | $9,000 | $9,000 | $9,000 | $65,000 |
| mortgage payment | - | - | $25,000 | $34,000 | $34,000 | $34,000 | $34,000 | $34,000 | $34,000 | $34,000 | $261,000 |
| total expense investment | $50,000 | $17,000 | $115,000 | $42,000 | $42,000 | $42,000 | $42,000 | $42,000 | $43,000 | $43,000 | $477,000 |
Other
| Category | Y1 | Y2 | Y3 | Y4 | Y5 | Y6 | Y7 | Y8 | Y9 | Y10 | Total |
|---|---|---|---|---|---|---|---|---|---|---|---|
| net gain loss | -$11,681 | $25,000 | -$30,682 | $28,000 | $31,000 | $35,000 | $38,000 | $42,000 | $46,000 | $50,000 | $254,000 |
| cumulative roi | $77 | $120 | $96 | $113 | $127 | $141 | $154 | $166 | $179 | $192 | $1,000 |
Lake Pointe Condos
Address: Ajax, Ontario
Price Range: $599,000 - $1,180,000
Avail. suites: 29
1—3 bd
480—1179 SqFt