Suite number:
206
Project:
Address:
Toronto, Ontario
Developer:
Aspen Ridge Homes
Property type:
condo
Floor plan:
Bathrooms:
2
Bedrooms:
1
Size:
742 sqft
Occupancy Date:
Feb 2027
Price, CAD
$1,229,990
Available
ROI
Want to own a unit? —
Investment Period: 5 years
Yearly Return on Investment in Year 5
18.64%
Cumulative Return on Investment in Year 5
85.62%
Property Price at the End of Year 5
$1,585,000
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 | $64,000 | $67,000 | $71,000 | $74,000 | $78,000 | $82,000 | $87,000 | $91,000 | $96,000 | $101,000 | $813,000 |
| rent income | - | $6,000 | $18,000 | $18,000 | $19,000 | $20,000 | $21,000 | $22,000 | $23,000 | $24,000 | $169,000 |
| mortgage principal reduction | - | $5,000 | $15,000 | $16,000 | $17,000 | $18,000 | $19,000 | $20,000 | $21,000 | $21,000 | $152,000 |
| deposit interest | $3,000 | $2,000 | - | - | - | - | - | - | - | - | $5,000 |
| gst hst rebate | - | $24,000 | - | - | - | - | - | - | - | - | $24,000 |
| total income return | $68,000 | $104,000 | $104,000 | $109,000 | $114,000 | $120,000 | $126,000 | $132,000 | $139,000 | $146,000 | $1,162,000 |
Expense/ Investment
| Category | Y1 | Y2 | Y3 | Y4 | Y5 | Y6 | Y7 | Y8 | Y9 | Y10 | Total |
|---|---|---|---|---|---|---|---|---|---|---|---|
| deposit | $61,000 | - | - | - | - | - | - | - | - | - | $61,000 |
| remaining balance payment | - | $184,000 | - | - | - | - | - | - | - | - | $184,000 |
| closing cost | - | $83,000 | - | - | - | - | - | - | - | - | $83,000 |
| operating expense | - | $5,000 | $14,000 | $14,000 | $15,000 | $15,000 | $15,000 | $16,000 | $16,000 | $16,000 | $127,000 |
| mortgage payment | - | $21,000 | $62,000 | $62,000 | $62,000 | $62,000 | $62,000 | $62,000 | $62,000 | $62,000 | $513,000 |
| total expense investment | $61,000 | $292,000 | $76,000 | $76,000 | $76,000 | $77,000 | $77,000 | $77,000 | $78,000 | $78,000 | $969,000 |
Other
| Category | Y1 | Y2 | Y3 | Y4 | Y5 | Y6 | Y7 | Y8 | Y9 | Y10 | Total |
|---|---|---|---|---|---|---|---|---|---|---|---|
| net gain loss | $6,000 | -$188,435 | $28,000 | $33,000 | $38,000 | $43,000 | $49,000 | $55,000 | $61,000 | $68,000 | $194,000 |
| cumulative roi | $110 | $49 | $64 | $75 | $86 | $95 | $103 | $111 | $118 | $126 | $936 |
The Essery
Address: Toronto, Ontario
Price Range: $1,122,000 - $4,350,000
Avail. suites: 47
1—3.5 bd
741—2101 SqFt