Suite number:
1E
Project:
Address:
Ajax, Ontario
Developer:
Your Home Developments
Property type:
condo
Floor plan:
Bathrooms:
1
Bedrooms:
1
Size:
548 sqft
Occupancy Date:
Sep 2027
Price, CAD
$646,900
Available
ROI
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Investment Period: 5 years
Yearly Return on Investment in Year 5
24.07%
Cumulative Return on Investment in Year 5
117.14%
Property Price at the End of Year 5
$833,000
Deposit Schedule
$5,000 at Signing
Total up to 2.5% in -249 days
$16,173
2.5% in -96 days
$16,173
2.5% in 30 days
$16,173
2.5% in 116 days
$16,173
2.5% in 269 days
$16,173
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 | $34,000 | $35,000 | $37,000 | $39,000 | $41,000 | $43,000 | $46,000 | $48,000 | $50,000 | $53,000 | $427,000 |
| rent income | - | - | $10,000 | $13,000 | $14,000 | $14,000 | $15,000 | $16,000 | $16,000 | $17,000 | $115,000 |
| mortgage principal reduction | - | - | $6,000 | $8,000 | $9,000 | $9,000 | $10,000 | $10,000 | $10,000 | $11,000 | $73,000 |
| deposit interest | $4,000 | $5,000 | $699 | - | - | - | - | - | - | - | $9,000 |
| gst hst rebate | - | - | $24,000 | - | - | - | - | - | - | - | $24,000 |
| total income return | $37,000 | $40,000 | $77,000 | $61,000 | $64,000 | $67,000 | $70,000 | $74,000 | $77,000 | $81,000 | $648,000 |
Expense/ Investment
| Category | Y1 | Y2 | Y3 | Y4 | Y5 | Y6 | Y7 | Y8 | Y9 | Y10 | Total |
|---|---|---|---|---|---|---|---|---|---|---|---|
| deposit | $49,000 | $16,000 | $32,000 | - | - | - | - | - | - | - | $97,000 |
| remaining balance payment | - | - | - | - | - | - | - | - | - | - | - |
| closing cost | - | - | $50,000 | - | - | - | - | - | - | - | $50,000 |
| operating expense | - | - | $5,000 | $7,000 | $7,000 | $7,000 | $7,000 | $8,000 | $8,000 | $8,000 | $58,000 |
| mortgage payment | - | - | $24,000 | $32,000 | $32,000 | $32,000 | $32,000 | $32,000 | $32,000 | $32,000 | $251,000 |
| total expense investment | $49,000 | $16,000 | $112,000 | $39,000 | $40,000 | $40,000 | $40,000 | $40,000 | $40,000 | $40,000 | $456,000 |
Other
| Category | Y1 | Y2 | Y3 | Y4 | Y5 | Y6 | Y7 | Y8 | Y9 | Y10 | Total |
|---|---|---|---|---|---|---|---|---|---|---|---|
| net gain loss | -$11,229 | $24,000 | -$34,216 | $21,000 | $24,000 | $27,000 | $30,000 | $34,000 | $37,000 | $41,000 | $193,000 |
| cumulative roi | $77 | $120 | $94 | $106 | $117 | $127 | $136 | $145 | $154 | $162 | $1,000 |
Lake Pointe Condos
Address: Ajax, Ontario
Price Range: $599,000 - $1,180,000
Avail. suites: 29
1—3 bd
480—1179 SqFt