Suite number:
1A
Project:
Address:
Ajax, Ontario
Developer:
Your Home Developments
Property type:
condo
Bathrooms:
1
Bedrooms:
1
Size:
520 sqft
Occupancy Date:
Sep 2027
Price, CAD
$642,900
Available
ROI
Want to own a unit? —
Investment Period: 5 years
Yearly Return on Investment in Year 5
25.96%
Cumulative Return on Investment in Year 5
123.79%
Property Price at the End of Year 5
$828,000
Deposit Schedule
$5,000 at Signing
Total up to 2.5% in 0 days
$16,073
2.5% in 0 days
$16,073
2.5% in 0 days
$16,073
2.5% in 0 days
$16,073
2.5% in 0 days
$16,073
Net Gain (Loss)
Get Expert Advice
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 | $424,000 |
| rent income | - | - | - | $12,000 | $13,000 | $13,000 | $14,000 | $14,000 | $15,000 | $16,000 | $97,000 |
| mortgage principal reduction | - | - | - | $9,000 | $9,000 | $10,000 | $10,000 | $11,000 | $11,000 | $12,000 | $72,000 |
| deposit interest | $2,000 | $6,000 | $4,000 | - | - | - | - | - | - | - | $12,000 |
| gst hst rebate | - | - | - | $24,000 | - | - | - | - | - | - | $24,000 |
| total income return | $36,000 | $41,000 | $41,000 | $84,000 | $63,000 | $66,000 | $69,000 | $73,000 | $76,000 | $80,000 | $629,000 |
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 | - | - | $48,000 | - | - | - | - | - | - | - | $48,000 |
| operating expense | - | - | - | $7,000 | $7,000 | $7,000 | $7,000 | $7,000 | $8,000 | $8,000 | $51,000 |
| mortgage payment | - | - | - | $29,000 | $29,000 | $29,000 | $29,000 | $29,000 | $29,000 | $29,000 | $206,000 |
| total expense investment | $48,000 | $32,000 | $80,000 | $36,000 | $36,000 | $36,000 | $37,000 | $37,000 | $37,000 | $37,000 | $418,000 |
Other
| Category | Y1 | Y2 | Y3 | Y4 | Y5 | Y6 | Y7 | Y8 | Y9 | Y10 | Total |
|---|---|---|---|---|---|---|---|---|---|---|---|
| net gain loss | -$12,413 | $9,000 | -$39,483 | $48,000 | $27,000 | $30,000 | $33,000 | $36,000 | $39,000 | $42,000 | $211,000 |
| cumulative roi | $74 | $96 | $79 | $111 | $124 | $135 | $145 | $155 | $164 | $174 | $1,000 |
Introducing a new collection of condos and towns coming soon in the Duffin’s Bay community of Ajax. Just a stone’s throw from picturesque trails and minutes to the waterfront, Lake Pointe fully connects you to every possible amenity while being so cl...
Address: Ajax, Ontario
Price Range: $599,000 - $1,180,000
Avail. suites: 28
1—3 bd
480—1179 SqFt