Suite number:
211
Project:
Address:
Toronto, Ontario
Developer:
Aspen Ridge Homes
Property type:
condo
Floor plan:
Bathrooms:
2
Bedrooms:
2
Size:
972 sqft
Occupancy Date:
Feb 2027
Price, CAD
$1,573,990
Available
ROI
Want to own a unit? —
Investment Period: 5 years
Yearly Return on Investment in Year 5
19.46%
Cumulative Return on Investment in Year 5
88.34%
Property Price at the End of Year 5
$2,029,000
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 | $82,000 | $86,000 | $91,000 | $95,000 | $100,000 | $105,000 | $111,000 | $117,000 | $123,000 | $129,000 | $1,040,000 |
| rent income | - | $9,000 | $29,000 | $30,000 | $31,000 | $33,000 | $34,000 | $35,000 | $37,000 | $39,000 | $277,000 |
| mortgage principal reduction | - | $6,000 | $20,000 | $21,000 | $22,000 | $23,000 | $24,000 | $25,000 | $26,000 | $28,000 | $194,000 |
| deposit interest | $4,000 | $2,000 | - | - | - | - | - | - | - | - | $6,000 |
| gst hst rebate | - | $24,000 | - | - | - | - | - | - | - | - | $24,000 |
| total income return | $86,000 | $128,000 | $139,000 | $146,000 | $153,000 | $161,000 | $169,000 | $177,000 | $186,000 | $195,000 | $1,541,000 |
Expense/ Investment
| Category | Y1 | Y2 | Y3 | Y4 | Y5 | Y6 | Y7 | Y8 | Y9 | Y10 | Total |
|---|---|---|---|---|---|---|---|---|---|---|---|
| deposit | $79,000 | - | - | - | - | - | - | - | - | - | $79,000 |
| remaining balance payment | - | $236,000 | - | - | - | - | - | - | - | - | $236,000 |
| closing cost | - | $96,000 | - | - | - | - | - | - | - | - | $96,000 |
| operating expense | - | $6,000 | $19,000 | $19,000 | $20,000 | $20,000 | $21,000 | $21,000 | $22,000 | $22,000 | $170,000 |
| mortgage payment | - | $26,000 | $79,000 | $79,000 | $79,000 | $79,000 | $79,000 | $79,000 | $79,000 | $79,000 | $657,000 |
| total expense investment | $79,000 | $365,000 | $98,000 | $98,000 | $99,000 | $99,000 | $99,000 | $100,000 | $100,000 | $101,000 | $1,238,000 |
Other
| Category | Y1 | Y2 | Y3 | Y4 | Y5 | Y6 | Y7 | Y8 | Y9 | Y10 | Total |
|---|---|---|---|---|---|---|---|---|---|---|---|
| net gain loss | $8,000 | -$236,712 | $41,000 | $48,000 | $55,000 | $62,000 | $69,000 | $77,000 | $86,000 | $94,000 | $303,000 |
| 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