Suite number:
RLDG-1 (Elev. B,C,D,E,F)
Project:
Address:
Toronto C13, Ontario
Developer:
Aspen Ridge Homes
Property type:
condo
Bathrooms:
3
Bedrooms:
4
Size:
2724 sqft
Occupancy Date:
Apr 2025
Price, CAD
$1,761,990
Available
ROI
Want to own a unit? —
Investment Period: 5 years
Yearly Return on Investment in Year 5
26.39%
Cumulative Return on Investment in Year 5
122.88%
Property Price at the End of Year 5
$2,270,000
Deposit Schedule
$5 at Signing
Total up to 5% in 120 days
$88,100
5% on Occupancy
$88,100
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 | $91,000 | $96,000 | $101,000 | $107,000 | $112,000 | $118,000 | $124,000 | $131,000 | $137,000 | $145,000 | $1,163,000 |
| rent income | $56,000 | $98,000 | $102,000 | $107,000 | $111,000 | $116,000 | $121,000 | $126,000 | $132,000 | $137,000 | $1,106,000 |
| mortgage principal reduction | $13,000 | $23,000 | $24,000 | $26,000 | $27,000 | $28,000 | $29,000 | $31,000 | $32,000 | $33,000 | $266,000 |
| deposit interest | $2,000 | - | - | - | - | - | - | - | - | - | $2,000 |
| gst hst rebate | $24,000 | - | - | - | - | - | - | - | - | - | $24,000 |
| total income return | $186,000 | $218,000 | $228,000 | $239,000 | $250,000 | $262,000 | $274,000 | $287,000 | $301,000 | $315,000 | $2,561,000 |
Expense/ Investment
| Category | Y1 | Y2 | Y3 | Y4 | Y5 | Y6 | Y7 | Y8 | Y9 | Y10 | Total |
|---|---|---|---|---|---|---|---|---|---|---|---|
| deposit | $176,000 | - | - | - | - | - | - | - | - | - | $176,000 |
| remaining balance payment | $176,000 | - | - | - | - | - | - | - | - | - | $176,000 |
| closing cost | $102,000 | - | - | - | - | - | - | - | - | - | $102,000 |
| operating expense | $19,000 | $33,000 | $34,000 | $35,000 | $36,000 | $37,000 | $38,000 | $40,000 | $41,000 | $42,000 | $354,000 |
| mortgage payment | $50,000 | $86,000 | $86,000 | $86,000 | $86,000 | $86,000 | $86,000 | $86,000 | $86,000 | $86,000 | $821,000 |
| total expense investment | $524,000 | $118,000 | $119,000 | $121,000 | $122,000 | $123,000 | $124,000 | $125,000 | $127,000 | $128,000 | $1,630,000 |
Other
| Category | Y1 | Y2 | Y3 | Y4 | Y5 | Y6 | Y7 | Y8 | Y9 | Y10 | Total |
|---|---|---|---|---|---|---|---|---|---|---|---|
| net gain loss | -$337,630 | $99,000 | $109,000 | $118,000 | $128,000 | $139,000 | $150,000 | $162,000 | $174,000 | $187,000 | $930,000 |
| cumulative roi | $28 | $52 | $75 | $98 | $123 | $149 | $176 | $206 | $238 | $271 | $1,000 |
Crest at Crosstown
Address: Toronto C13, Ontario
Price Range: $1,600,000 - $1,762,000
Avail. suites: 4
1.5—4 bd
636—2724 SqFt