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
Want to own a unit? —
Investment Period: 5 years
Yearly Return on Investment in Year 5
23.64%
Cumulative Return on Investment in Year 5
115.79%
Property Price at the End of Year 5
$783,000
Deposit Schedule
$5,000 at Signing
Total up to 2.5% in -249 days
$15,198
2.5% in -96 days
$15,198
2.5% in 30 days
$15,198
2.5% in 116 days
$15,198
2.5% in 269 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 | - | - | $8,000 | $12,000 | $12,000 | $13,000 | $13,000 | $14,000 | $14,000 | $15,000 | $101,000 |
| mortgage principal reduction | - | - | $6,000 | $8,000 | $8,000 | $9,000 | $9,000 | $9,000 | $10,000 | $10,000 | $69,000 |
| deposit interest | $4,000 | $5,000 | $657 | - | - | - | - | - | - | - | $9,000 |
| gst hst rebate | - | - | $24,000 | - | - | - | - | - | - | - | $24,000 |
| total income return | $35,000 | $38,000 | $74,000 | $56,000 | $59,000 | $62,000 | $65,000 | $68,000 | $72,000 | $75,000 | $604,000 |
Expense/ Investment
| Category | Y1 | Y2 | Y3 | Y4 | Y5 | Y6 | Y7 | Y8 | Y9 | Y10 | Total |
|---|---|---|---|---|---|---|---|---|---|---|---|
| deposit | $46,000 | $15,000 | $30,000 | - | - | - | - | - | - | - | $91,000 |
| remaining balance payment | - | - | - | - | - | - | - | - | - | - | - |
| closing cost | - | - | $49,000 | - | - | - | - | - | - | - | $49,000 |
| operating expense | - | - | $5,000 | $6,000 | $6,000 | $7,000 | $7,000 | $7,000 | $7,000 | $7,000 | $52,000 |
| mortgage payment | - | - | $23,000 | $30,000 | $30,000 | $30,000 | $30,000 | $30,000 | $30,000 | $30,000 | $236,000 |
| total expense investment | $46,000 | $15,000 | $107,000 | $37,000 | $37,000 | $37,000 | $37,000 | $37,000 | $37,000 | $38,000 | $428,000 |
Other
| Category | Y1 | Y2 | Y3 | Y4 | Y5 | Y6 | Y7 | Y8 | Y9 | Y10 | Total |
|---|---|---|---|---|---|---|---|---|---|---|---|
| net gain loss | -$10,551 | $23,000 | -$33,281 | $20,000 | $22,000 | $25,000 | $28,000 | $31,000 | $34,000 | $38,000 | $176,000 |
| cumulative roi | $77 | $120 | $93 | $105 | $116 | $125 | $134 | $143 | $151 | $159 | $1,000 |
Lake Pointe Condos
Address: Ajax, Ontario
Price Range: $599,000 - $1,180,000
Avail. suites: 29
1—3 bd
480—1179 SqFt