Suite number:
1D
Project:
Address:
Ajax, Ontario
Developer:
Your Home Developments
Property type:
condo
Floor plan:
Bathrooms:
1
Bedrooms:
1
Size:
547 sqft
Occupancy Date:
Sep 2027
Price, CAD
$644,900
Available
ROI
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Investment Period: 5 years
Yearly Return on Investment in Year 5
23.16%
Cumulative Return on Investment in Year 5
110.60%
Property Price at the End of Year 5
$831,000
Deposit Schedule
$5,000 at Signing
Total up to 2.5% in -120 days
$16,123
2.5% in 30 days
$16,123
2.5% in 33 days
$16,123
2.5% in 245 days
$16,123
2.5% in 398 days
$16,123
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 | $33,000 | $35,000 | $37,000 | $39,000 | $41,000 | $43,000 | $45,000 | $48,000 | $50,000 | $53,000 | $426,000 |
| rent income | - | - | $4,000 | $13,000 | $14,000 | $14,000 | $15,000 | $15,000 | $16,000 | $17,000 | $108,000 |
| mortgage principal reduction | - | - | $3,000 | $8,000 | $8,000 | $9,000 | $9,000 | $10,000 | $10,000 | $11,000 | $68,000 |
| deposit interest | -$1,567 | $6,000 | $3,000 | - | - | - | - | - | - | - | $7,000 |
| gst hst rebate | - | - | $24,000 | - | - | - | - | - | - | - | $24,000 |
| total income return | $32,000 | $42,000 | $71,000 | $60,000 | $63,000 | $66,000 | $70,000 | $73,000 | $77,000 | $80,000 | $633,000 |
Expense/ Investment
| Category | Y1 | Y2 | Y3 | Y4 | Y5 | Y6 | Y7 | Y8 | Y9 | Y10 | Total |
|---|---|---|---|---|---|---|---|---|---|---|---|
| deposit | $48,000 | $32,000 | $32,000 | - | - | - | - | - | - | - | $113,000 |
| remaining balance payment | - | - | - | - | - | - | - | - | - | - | - |
| closing cost | - | - | $50,000 | - | - | - | - | - | - | - | $50,000 |
| operating expense | - | - | $2,000 | $7,000 | $7,000 | $7,000 | $7,000 | $8,000 | $8,000 | $8,000 | $54,000 |
| mortgage payment | - | - | $11,000 | $32,000 | $32,000 | $32,000 | $32,000 | $32,000 | $32,000 | $32,000 | $237,000 |
| total expense investment | $48,000 | $32,000 | $95,000 | $39,000 | $39,000 | $40,000 | $40,000 | $40,000 | $40,000 | $40,000 | $454,000 |
Other
| Category | Y1 | Y2 | Y3 | Y4 | Y5 | Y6 | Y7 | Y8 | Y9 | Y10 | Total |
|---|---|---|---|---|---|---|---|---|---|---|---|
| net gain loss | -$16,495 | $9,000 | -$24,611 | $21,000 | $24,000 | $27,000 | $30,000 | $33,000 | $37,000 | $40,000 | $179,000 |
| cumulative roi | $69 | $91 | $86 | $99 | $111 | $121 | $130 | $139 | $148 | $156 | $1,000 |
Lake Pointe Condos
Address: Ajax, Ontario
Price Range: $599,000 - $1,180,000
Avail. suites: 28
1—3 bd
480—1179 SqFt