Suite number:
204
Project:
Address:
Toronto, Ontario
Developer:
Aspen Ridge Homes
Property type:
condo
Floor plan:
Bathrooms:
2
Bedrooms:
2
Size:
1084 sqft
Occupancy Date:
Feb 2027
Price, CAD
$1,844,990
Available
ROI
Want to own a unit? —
Investment Period: 5 years
Yearly Return on Investment in Year 5
19.20%
Cumulative Return on Investment in Year 5
87.92%
Property Price at the End of Year 5
$2,377,000
Deposit Schedule
$5 at Signing
Total up to 5% in 90 days
$92,250
5% in 365 days
$92,250
5% on Occupancy
$92,250
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 | $96,000 | $101,000 | $106,000 | $112,000 | $117,000 | $124,000 | $130,000 | $137,000 | $144,000 | $151,000 | $1,218,000 |
| rent income | - | $18,000 | $32,000 | $34,000 | $35,000 | $37,000 | $38,000 | $40,000 | $42,000 | $43,000 | $320,000 |
| mortgage principal reduction | - | $13,000 | $23,000 | $25,000 | $26,000 | $27,000 | $28,000 | $30,000 | $31,000 | $33,000 | $236,000 |
| deposit interest | $5,000 | $8,000 | - | - | - | - | - | - | - | - | $13,000 |
| gst hst rebate | - | $24,000 | - | - | - | - | - | - | - | - | $24,000 |
| total income return | $100,000 | $165,000 | $162,000 | $170,000 | $178,000 | $187,000 | $197,000 | $206,000 | $217,000 | $227,000 | $1,810,000 |
Expense/ Investment
| Category | Y1 | Y2 | Y3 | Y4 | Y5 | Y6 | Y7 | Y8 | Y9 | Y10 | Total |
|---|---|---|---|---|---|---|---|---|---|---|---|
| deposit | $92,000 | $184,000 | - | - | - | - | - | - | - | - | $277,000 |
| remaining balance payment | - | $92,000 | - | - | - | - | - | - | - | - | $92,000 |
| closing cost | - | $107,000 | - | - | - | - | - | - | - | - | $107,000 |
| operating expense | - | $12,000 | $21,000 | $22,000 | $22,000 | $23,000 | $23,000 | $24,000 | $25,000 | $25,000 | $198,000 |
| mortgage payment | - | $54,000 | $92,000 | $92,000 | $92,000 | $92,000 | $92,000 | $92,000 | $92,000 | $92,000 | $793,000 |
| total expense investment | $92,000 | $450,000 | $114,000 | $114,000 | $115,000 | $115,000 | $116,000 | $116,000 | $117,000 | $117,000 | $1,468,000 |
Other
| Category | Y1 | Y2 | Y3 | Y4 | Y5 | Y6 | Y7 | Y8 | Y9 | Y10 | Total |
|---|---|---|---|---|---|---|---|---|---|---|---|
| net gain loss | $8,000 | -$285,479 | $48,000 | $56,000 | $64,000 | $72,000 | $81,000 | $90,000 | $100,000 | $110,000 | $342,000 |
| cumulative roi | $109 | $49 | $64 | $77 | $88 | $98 | $107 | $116 | $124 | $132 | $963 |
The Essery
Address: Toronto, Ontario
Price Range: $1,122,000 - $4,350,000
Avail. suites: 47
1—3.5 bd
741—2101 SqFt