Suite number:
1B
Project:
Address:
Ajax, Ontario
Developer:
Your Home Developments
Property type:
condo
Floor plan:
Bathrooms:
1
Bedrooms:
1
Size:
483 sqft
Occupancy Date:
Sep 2027
Price, CAD
$607,900
Available
ROI
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Investment Period: 5 years
Yearly Return on Investment in Year 5
22.80%
Cumulative Return on Investment in Year 5
109.53%
Property Price at the End of Year 5
$783,000
Deposit Schedule
$5,000 at Signing
Total up to 2.5% in -120 days
$15,198
2.5% in 30 days
$15,198
2.5% in 33 days
$15,198
2.5% in 245 days
$15,198
2.5% in 398 days
$15,198
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 | $32,000 | $33,000 | $35,000 | $37,000 | $39,000 | $41,000 | $43,000 | $45,000 | $47,000 | $50,000 | $401,000 |
| rent income | - | - | $4,000 | $11,000 | $12,000 | $12,000 | $13,000 | $14,000 | $14,000 | $15,000 | $95,000 |
| mortgage principal reduction | - | - | $2,000 | $8,000 | $8,000 | $8,000 | $9,000 | $9,000 | $10,000 | $10,000 | $64,000 |
| deposit interest | -$1,477 | $6,000 | $2,000 | - | - | - | - | - | - | - | $7,000 |
| gst hst rebate | - | - | $24,000 | - | - | - | - | - | - | - | $24,000 |
| total income return | $30,000 | $39,000 | $68,000 | $56,000 | $59,000 | $62,000 | $65,000 | $68,000 | $71,000 | $75,000 | $592,000 |
Expense/ Investment
| Category | Y1 | Y2 | Y3 | Y4 | Y5 | Y6 | Y7 | Y8 | Y9 | Y10 | Total |
|---|---|---|---|---|---|---|---|---|---|---|---|
| deposit | $46,000 | $30,000 | $30,000 | - | - | - | - | - | - | - | $106,000 |
| remaining balance payment | - | - | - | - | - | - | - | - | - | - | - |
| closing cost | - | - | $49,000 | - | - | - | - | - | - | - | $49,000 |
| operating expense | - | - | $2,000 | $6,000 | $6,000 | $7,000 | $7,000 | $7,000 | $7,000 | $7,000 | $49,000 |
| mortgage payment | - | - | $10,000 | $30,000 | $30,000 | $30,000 | $30,000 | $30,000 | $30,000 | $30,000 | $223,000 |
| total expense investment | $46,000 | $30,000 | $92,000 | $37,000 | $37,000 | $37,000 | $37,000 | $37,000 | $37,000 | $38,000 | $427,000 |
Other
| Category | Y1 | Y2 | Y3 | Y4 | Y5 | Y6 | Y7 | Y8 | Y9 | Y10 | Total |
|---|---|---|---|---|---|---|---|---|---|---|---|
| net gain loss | -$15,549 | $9,000 | -$24,100 | $19,000 | $22,000 | $25,000 | $28,000 | $31,000 | $34,000 | $37,000 | $164,000 |
| cumulative roi | $69 | $91 | $86 | $99 | $110 | $119 | $128 | $137 | $145 | $154 | $1,000 |
Lake Pointe Condos
Address: Ajax, Ontario
Price Range: $599,000 - $1,180,000
Avail. suites: 28
1—3 bd
480—1179 SqFt