Suite number:
1E
Project:
Address:
Ajax, Ontario
Developer:
Your Home Developments
Property type:
condo
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
24.53%
Cumulative Return on Investment in Year 5
118.80%
Property Price at the End of Year 5
$833,000
Deposit Schedule
$5,000 at Signing
Total up to 2.5% in 0 days
$16,173
2.5% in 0 days
$16,173
2.5% in 0 days
$16,173
2.5% in 0 days
$16,173
2.5% in 0 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 | - | - | $3,000 | $13,000 | $14,000 | $14,000 | $15,000 | $15,000 | $16,000 | $17,000 | $107,000 |
| mortgage principal reduction | - | - | $2,000 | $8,000 | $9,000 | $9,000 | $10,000 | $10,000 | $11,000 | $11,000 | $70,000 |
| deposit interest | $3,000 | $6,000 | $3,000 | - | - | - | - | - | - | - | $12,000 |
| gst hst rebate | - | - | $24,000 | - | - | - | - | - | - | - | $24,000 |
| total income return | $37,000 | $42,000 | $70,000 | $61,000 | $64,000 | $67,000 | $70,000 | $73,000 | $77,000 | $81,000 | $640,000 |
Expense/ Investment
| Category | Y1 | Y2 | Y3 | Y4 | Y5 | Y6 | Y7 | Y8 | Y9 | Y10 | Total |
|---|---|---|---|---|---|---|---|---|---|---|---|
| deposit | $49,000 | $32,000 | $32,000 | - | - | - | - | - | - | - | $113,000 |
| remaining balance payment | - | - | - | - | - | - | - | - | - | - | - |
| closing cost | - | - | $48,000 | - | - | - | - | - | - | - | $48,000 |
| operating expense | - | - | $2,000 | $7,000 | $7,000 | $7,000 | $8,000 | $8,000 | $8,000 | $8,000 | $55,000 |
| mortgage payment | - | - | $8,000 | $31,000 | $31,000 | $31,000 | $31,000 | $31,000 | $31,000 | $31,000 | $228,000 |
| total expense investment | $49,000 | $32,000 | $90,000 | $38,000 | $39,000 | $39,000 | $39,000 | $39,000 | $40,000 | $40,000 | $445,000 |
Other
| Category | Y1 | Y2 | Y3 | Y4 | Y5 | Y6 | Y7 | Y8 | Y9 | Y10 | Total |
|---|---|---|---|---|---|---|---|---|---|---|---|
| net gain loss | -$11,907 | $9,000 | -$20,725 | $22,000 | $25,000 | $28,000 | $31,000 | $34,000 | $37,000 | $41,000 | $195,000 |
| cumulative roi | $75 | $97 | $94 | $107 | $119 | $129 | $138 | $147 | $156 | $165 | $1,000 |
Lake Pointe Condos
Address: Ajax, Ontario
Price Range: $599,000 - $1,180,000
Avail. suites: 28
1—3 bd
480—1179 SqFt