Suite number:
115 - 2P(BF)
Project:
Address:
Toronto, Ontario
Developer:
Aspen Ridge Homes
Property type:
condo
Floor plan:
Bathrooms:
2
Bedrooms:
2
Size:
780 sqft
Occupancy Date:
Apr 2025
Price, CAD
$1,060,990
Available
ROI
Want to own a unit? —
Investment Period: 5 years
Yearly Return on Investment in Year 5
17.54%
Cumulative Return on Investment in Year 5
84.22%
Property Price at the End of Year 5
$1,367,000
Deposit Schedule
$5 at Signing
Total up to 10% in 9999 days
$106,099
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 | $55,000 | $58,000 | $61,000 | $64,000 | $68,000 | $71,000 | $75,000 | $79,000 | $83,000 | $87,000 | $700,000 |
| rent income | $19,000 | $24,000 | $25,000 | $26,000 | $27,000 | $28,000 | $29,000 | $30,000 | $32,000 | $33,000 | $271,000 |
| mortgage principal reduction | $11,000 | $14,000 | $14,000 | $15,000 | $16,000 | $16,000 | $17,000 | $18,000 | $19,000 | $20,000 | $160,000 |
| deposit interest | $401 | - | - | - | - | - | - | - | - | - | $401 |
| gst hst rebate | $24,000 | - | - | - | - | - | - | - | - | - | $24,000 |
| total income return | $109,000 | $95,000 | $100,000 | $105,000 | $110,000 | $115,000 | $121,000 | $127,000 | $133,000 | $140,000 | $1,156,000 |
Expense/ Investment
| Category | Y1 | Y2 | Y3 | Y4 | Y5 | Y6 | Y7 | Y8 | Y9 | Y10 | Total |
|---|---|---|---|---|---|---|---|---|---|---|---|
| deposit | $106,000 | - | - | - | - | - | - | - | - | - | $106,000 |
| remaining balance payment | $106,000 | - | - | - | - | - | - | - | - | - | $106,000 |
| closing cost | $76,000 | - | - | - | - | - | - | - | - | - | $76,000 |
| operating expense | $9,000 | $11,000 | $11,000 | $11,000 | $11,000 | $12,000 | $12,000 | $12,000 | $13,000 | $13,000 | $114,000 |
| mortgage payment | $44,000 | $53,000 | $53,000 | $53,000 | $53,000 | $53,000 | $53,000 | $53,000 | $53,000 | $53,000 | $522,000 |
| total expense investment | $341,000 | $64,000 | $64,000 | $64,000 | $65,000 | $65,000 | $65,000 | $65,000 | $66,000 | $66,000 | $924,000 |
Other
| Category | Y1 | Y2 | Y3 | Y4 | Y5 | Y6 | Y7 | Y8 | Y9 | Y10 | Total |
|---|---|---|---|---|---|---|---|---|---|---|---|
| net gain loss | -$231,861 | $31,000 | $36,000 | $41,000 | $45,000 | $51,000 | $56,000 | $62,000 | $68,000 | $74,000 | $231,000 |
| cumulative roi | $28 | $45 | $60 | $72 | $84 | $95 | $106 | $116 | $126 | $136 | $869 |
Crest at Crosstown
Address: Toronto, Ontario
Price Range: $912,000 - $2,479,000
Avail. suites: 23
1.5—4 bd
636—2724 SqFt