Suite number:
207
Project:
Address:
Toronto C01, Ontario
Developer:
Aspen Ridge Homes
Property type:
condo
Bathrooms:
2
Bedrooms:
2
Size:
1078 sqft
Occupancy Date:
Feb 2025
$1,886,990
Available
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Investment Period: 5 years
Yearly Return on Investment in Year 5
17.25%
Cumulative Return on Investment in Year 5
80.68%
Property Price at the End of Year 5
$2,431,000
Deposit Schedule
$5 at Signing
Total up to 15% in 10454 days
$283,049
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 | $26,000 | $33,000 | $34,000 | $36,000 | $37,000 | $39,000 | $40,000 | $42,000 | $44,000 | $46,000 | $376,000 |
mortgage principal reduction | $20,000 | $25,000 | $26,000 | $28,000 | $29,000 | $30,000 | $32,000 | $33,000 | $35,000 | $36,000 | $294,000 |
deposit interest | $793 | - | - | - | - | - | - | - | - | - | $793 |
gst hst rebate | $24,000 | - | - | - | - | - | - | - | - | - | $24,000 |
total income return | $169,000 | $161,000 | $169,000 | $177,000 | $186,000 | $195,000 | $205,000 | $215,000 | $226,000 | $237,000 | $1,941,000 |
Expense/ Investment
Category | Y1 | Y2 | Y3 | Y4 | Y5 | Y6 | Y7 | Y8 | Y9 | Y10 | Total |
---|---|---|---|---|---|---|---|---|---|---|---|
deposit | $283,000 | - | - | - | - | - | - | - | - | - | $283,000 |
remaining balance payment | $94,000 | - | - | - | - | - | - | - | - | - | $94,000 |
closing cost | $107,000 | - | - | - | - | - | - | - | - | - | $107,000 |
operating expense | $18,000 | $22,000 | $22,000 | $23,000 | $24,000 | $25,000 | $25,000 | $26,000 | $27,000 | $28,000 | $240,000 |
mortgage payment | $76,000 | $92,000 | $92,000 | $92,000 | $92,000 | $92,000 | $92,000 | $92,000 | $92,000 | $92,000 | $903,000 |
total expense investment | $579,000 | $114,000 | $114,000 | $115,000 | $116,000 | $116,000 | $117,000 | $118,000 | $119,000 | $120,000 | $1,628,000 |
Other
Category | Y1 | Y2 | Y3 | Y4 | Y5 | Y6 | Y7 | Y8 | Y9 | Y10 | Total |
---|---|---|---|---|---|---|---|---|---|---|---|
net gain loss | -$409,893 | $48,000 | $55,000 | $62,000 | $70,000 | $79,000 | $88,000 | $97,000 | $107,000 | $117,000 | $313,000 |
cumulative roi | $26 | $43 | $58 | $70 | $81 | $91 | $100 | $109 | $117 | $126 | $820 |
The Essery
Address: Toronto C01, Ontario
Price Range: $1,122,000 - $4,350,000
Avail. suites: 47
1—3.5 bd
741—2101 SqFt