Suite number:
1C
Project:
Address:
Ajax, Ontario
Developer:
Your Home Developments
Property type:
condo
Floor plan:
Bathrooms:
1
Bedrooms:
1
Size:
480 sqft
Occupancy Date:
Sep 2027
Price, CAD
$598,900
Available
ROI
Want to own a unit? —
Investment Period: 5 years
Yearly Return on Investment in Year 5
22.75%
Cumulative Return on Investment in Year 5
109.49%
Property Price at the End of Year 5
$772,000
Deposit Schedule
$5,000 at Signing
Total up to 2.5% in -120 days
$14,973
2.5% in 30 days
$14,973
2.5% in 33 days
$14,973
2.5% in 245 days
$14,973
2.5% in 398 days
$14,973
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 | $31,000 | $33,000 | $34,000 | $36,000 | $38,000 | $40,000 | $42,000 | $44,000 | $47,000 | $49,000 | $395,000 |
| rent income | - | - | $4,000 | $11,000 | $12,000 | $12,000 | $13,000 | $13,000 | $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 | $63,000 |
| deposit interest | -$1,455 | $6,000 | $2,000 | - | - | - | - | - | - | - | $7,000 |
| gst hst rebate | - | - | $24,000 | - | - | - | - | - | - | - | $24,000 |
| total income return | $30,000 | $39,000 | $67,000 | $55,000 | $58,000 | $61,000 | $64,000 | $67,000 | $70,000 | $74,000 | $584,000 |
Expense/ Investment
| Category | Y1 | Y2 | Y3 | Y4 | Y5 | Y6 | Y7 | Y8 | Y9 | Y10 | Total |
|---|---|---|---|---|---|---|---|---|---|---|---|
| deposit | $45,000 | $30,000 | $30,000 | - | - | - | - | - | - | - | $105,000 |
| remaining balance payment | - | - | - | - | - | - | - | - | - | - | - |
| closing cost | - | - | $49,000 | - | - | - | - | - | - | - | $49,000 |
| operating expense | - | - | $2,000 | $6,000 | $6,000 | $6,000 | $7,000 | $7,000 | $7,000 | $7,000 | $48,000 |
| mortgage payment | - | - | $10,000 | $30,000 | $30,000 | $30,000 | $30,000 | $30,000 | $30,000 | $30,000 | $220,000 |
| total expense investment | $45,000 | $30,000 | $91,000 | $36,000 | $36,000 | $36,000 | $37,000 | $37,000 | $37,000 | $37,000 | $422,000 |
Other
| Category | Y1 | Y2 | Y3 | Y4 | Y5 | Y6 | Y7 | Y8 | Y9 | Y10 | Total |
|---|---|---|---|---|---|---|---|---|---|---|---|
| net gain loss | -$15,319 | $9,000 | -$23,915 | $19,000 | $22,000 | $24,000 | $27,000 | $30,000 | $33,000 | $37,000 | $162,000 |
| cumulative roi | $69 | $91 | $86 | $99 | $109 | $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