Suite number:
207
Project:
Address:
Toronto, Ontario
Developer:
Aspen Ridge Homes
Property type:
condo
Floor plan:
Bathrooms:
2
Bedrooms:
2
Size:
1078 sqft
Occupancy Date:
Feb 2027
Price, CAD
$1,886,990
Available
ROI
Want to own a unit? —
Investment Period: 5 years
Yearly Return on Investment in Year 5
19.18%
Cumulative Return on Investment in Year 5
87.74%
Property Price at the End of Year 5
$2,431,000
Deposit Schedule
$5 at Signing
Total up to 5% in 90 days
$94,350
5% in 365 days
$94,350
5% on Occupancy
$94,350
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 | $98,000 | $103,000 | $109,000 | $114,000 | $120,000 | $126,000 | $133,000 | $140,000 | $147,000 | $155,000 | $1,245,000 |
| rent income | - | $18,000 | $32,000 | $34,000 | $35,000 | $36,000 | $38,000 | $40,000 | $41,000 | $43,000 | $318,000 |
| mortgage principal reduction | - | $13,000 | $24,000 | $25,000 | $26,000 | $28,000 | $29,000 | $30,000 | $32,000 | $33,000 | $241,000 |
| deposit interest | $5,000 | $9,000 | - | - | - | - | - | - | - | - | $13,000 |
| gst hst rebate | - | $24,000 | - | - | - | - | - | - | - | - | $24,000 |
| total income return | $103,000 | $167,000 | $165,000 | $173,000 | $181,000 | $191,000 | $200,000 | $210,000 | $220,000 | $231,000 | $1,841,000 |
Expense/ Investment
| Category | Y1 | Y2 | Y3 | Y4 | Y5 | Y6 | Y7 | Y8 | Y9 | Y10 | Total |
|---|---|---|---|---|---|---|---|---|---|---|---|
| deposit | $94,000 | $189,000 | - | - | - | - | - | - | - | - | $283,000 |
| remaining balance payment | - | $94,000 | - | - | - | - | - | - | - | - | $94,000 |
| closing cost | - | $109,000 | - | - | - | - | - | - | - | - | $109,000 |
| operating expense | - | $12,000 | $22,000 | $22,000 | $22,000 | $23,000 | $23,000 | $24,000 | $25,000 | $25,000 | $199,000 |
| mortgage payment | - | $55,000 | $94,000 | $94,000 | $94,000 | $94,000 | $94,000 | $94,000 | $94,000 | $94,000 | $811,000 |
| total expense investment | $94,000 | $459,000 | $116,000 | $116,000 | $117,000 | $117,000 | $118,000 | $119,000 | $119,000 | $120,000 | $1,496,000 |
Other
| Category | Y1 | Y2 | Y3 | Y4 | Y5 | Y6 | Y7 | Y8 | Y9 | Y10 | Total |
|---|---|---|---|---|---|---|---|---|---|---|---|
| net gain loss | $8,000 | -$292,025 | $49,000 | $56,000 | $64,000 | $73,000 | $82,000 | $91,000 | $101,000 | $112,000 | $345,000 |
| cumulative roi | $109 | $49 | $64 | $77 | $88 | $98 | $107 | $115 | $123 | $132 | $961 |
The Essery
Address: Toronto, Ontario
Price Range: $1,122,000 - $4,350,000
Avail. suites: 47
1—3.5 bd
741—2101 SqFt