Suite number:
210
Project:
Address:
Toronto, Ontario
Developer:
Aspen Ridge Homes
Property type:
condo
Floor plan:
Bathrooms:
2
Bedrooms:
2
Size:
875 sqft
Occupancy Date:
Feb 2027
Price, CAD
$1,402,990
Available
ROI
Want to own a unit? —
Investment Period: 5 years
Yearly Return on Investment in Year 5
19.35%
Cumulative Return on Investment in Year 5
88.30%
Property Price at the End of Year 5
$1,808,000
Deposit Schedule
$5 at Signing
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 | $73,000 | $77,000 | $81,000 | $85,000 | $89,000 | $94,000 | $99,000 | $104,000 | $109,000 | $115,000 | $927,000 |
| rent income | - | $8,000 | $26,000 | $27,000 | $28,000 | $29,000 | $31,000 | $32,000 | $33,000 | $35,000 | $249,000 |
| mortgage principal reduction | - | $6,000 | $18,000 | $18,000 | $19,000 | $20,000 | $21,000 | $22,000 | $23,000 | $25,000 | $173,000 |
| deposit interest | $4,000 | $2,000 | - | - | - | - | - | - | - | - | $6,000 |
| gst hst rebate | - | $24,000 | - | - | - | - | - | - | - | - | $24,000 |
| total income return | $77,000 | $117,000 | $124,000 | $130,000 | $137,000 | $144,000 | $151,000 | $158,000 | $166,000 | $174,000 | $1,379,000 |
Expense/ Investment
| Category | Y1 | Y2 | Y3 | Y4 | Y5 | Y6 | Y7 | Y8 | Y9 | Y10 | Total |
|---|---|---|---|---|---|---|---|---|---|---|---|
| deposit | $70,000 | - | - | - | - | - | - | - | - | - | $70,000 |
| remaining balance payment | - | $210,000 | - | - | - | - | - | - | - | - | $210,000 |
| closing cost | - | $90,000 | - | - | - | - | - | - | - | - | $90,000 |
| operating expense | - | $6,000 | $17,000 | $17,000 | $18,000 | $18,000 | $19,000 | $19,000 | $19,000 | $20,000 | $153,000 |
| mortgage payment | - | $23,000 | $70,000 | $70,000 | $70,000 | $70,000 | $70,000 | $70,000 | $70,000 | $70,000 | $585,000 |
| total expense investment | $70,000 | $329,000 | $87,000 | $88,000 | $88,000 | $88,000 | $89,000 | $89,000 | $90,000 | $90,000 | $1,108,000 |
Other
| Category | Y1 | Y2 | Y3 | Y4 | Y5 | Y6 | Y7 | Y8 | Y9 | Y10 | Total |
|---|---|---|---|---|---|---|---|---|---|---|---|
| net gain loss | $7,000 | -$211,980 | $37,000 | $43,000 | $49,000 | $55,000 | $62,000 | $69,000 | $76,000 | $84,000 | $270,000 |
| cumulative roi | $110 | $49 | $64 | $77 | $88 | $98 | $108 | $116 | $125 | $133 | $969 |
The Essery
Address: Toronto, Ontario
Price Range: $1,122,000 - $4,350,000
Avail. suites: 47
1—3.5 bd
741—2101 SqFt