Suite number:
207
Project:
Address:
Toronto C01, Ontario
Developer:
Aspen Ridge Homes
Property type:
condo
Floor plan:
Bathrooms:
2
Bedrooms:
2
Size:
1078 sqft
Occupancy Date:
Feb 2025
Price, CAD
$1,886,990
Available
ROI
11,31%
Monthly Expenses
- condo fees— $1,056
- property taxes— $472
- property management— $162
- repairs and maintenance— $81
Total: $1,771
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Investment Period: 5 years
Yearly Return on Investment in Year 5
16.88%
Cumulative Return on Investment in Year 5
78.91%
Property Price at the End of Year 5
$2,431,000
Deposit Schedule
$5 at Signing
Total up to 15% in 9999 days
$283,049
Net Gain (Loss)
- Net Gain Loss
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Property Price Appreciation
- 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 | $19,000 | $24,000 | $25,000 | $27,000 | $28,000 | $29,000 | $31,000 | $32,000 | $34,000 | $35,000 | $285,000 |
| deposit interest | $524 | - | - | - | - | - | - | - | - | - | $524 |
| gst hst rebate | $24,000 | - | - | - | - | - | - | - | - | - | $24,000 |
| total income return | $168,000 | $160,000 | $168,000 | $176,000 | $185,000 | $194,000 | $204,000 | $214,000 | $225,000 | $236,000 | $1,931,000 |
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 | $109,000 | - | - | - | - | - | - | - | - | - | $109,000 |
| operating expense | $18,000 | $22,000 | $22,000 | $23,000 | $23,000 | $24,000 | $24,000 | $25,000 | $25,000 | $26,000 | $231,000 |
| mortgage payment | $79,000 | $94,000 | $94,000 | $94,000 | $94,000 | $94,000 | $94,000 | $94,000 | $94,000 | $94,000 | $929,000 |
| total expense investment | $583,000 | $116,000 | $117,000 | $117,000 | $118,000 | $118,000 | $119,000 | $119,000 | $120,000 | $120,000 | $1,646,000 |
Other
| Category | Y1 | Y2 | Y3 | Y4 | Y5 | Y6 | Y7 | Y8 | Y9 | Y10 | Total |
|---|---|---|---|---|---|---|---|---|---|---|---|
| net gain loss | -$414,803 | $44,000 | $51,000 | $59,000 | $68,000 | $76,000 | $85,000 | $95,000 | $105,000 | $116,000 | $285,000 |
| cumulative roi | $26 | $43 | $56 | $68 | $79 | $89 | $98 | $106 | $115 | $123 | $803 |
The Essery
Address: Toronto C01, Ontario
Price Range: $1,122,000 - $4,350,000
Avail. suites: 47
1—3.5 bd
741—2101 SqFt
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80% of Original Price
Options for changing mortgage terms
The rental rate per square foot.