Suite number:
218
Project:
Address:
Toronto, Ontario
Developer:
Aspen Ridge Homes
Property type:
condo
Floor plan:
Bathrooms:
2
Bedrooms:
2.5
Size:
1464 sqft
Occupancy Date:
Feb 2027
Price, CAD
$2,613,990
Available
ROI
Want to own a unit? —
Investment Period: 5 years
Yearly Return on Investment in Year 5
19.81%
Cumulative Return on Investment in Year 5
89.73%
Property Price at the End of Year 5
$3,368,000
Deposit Schedule
$5 at Signing
Total up to 5% in 90 days
$130,700
5% in 365 days
$130,700
5% on Occupancy
$130,700
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 | $136,000 | $143,000 | $150,000 | $158,000 | $166,000 | $175,000 | $184,000 | $194,000 | $204,000 | $214,000 | $1,725,000 |
| rent income | - | $30,000 | $52,000 | $55,000 | $57,000 | $59,000 | $62,000 | $65,000 | $67,000 | $70,000 | $518,000 |
| mortgage principal reduction | - | $19,000 | $33,000 | $35,000 | $36,000 | $38,000 | $40,000 | $42,000 | $44,000 | $46,000 | $334,000 |
| deposit interest | $7,000 | $12,000 | - | - | - | - | - | - | - | - | $19,000 |
| gst hst rebate | - | $24,000 | - | - | - | - | - | - | - | - | $24,000 |
| total income return | $142,000 | $227,000 | $236,000 | $248,000 | $260,000 | $273,000 | $286,000 | $301,000 | $315,000 | $331,000 | $2,619,000 |
Expense/ Investment
| Category | Y1 | Y2 | Y3 | Y4 | Y5 | Y6 | Y7 | Y8 | Y9 | Y10 | Total |
|---|---|---|---|---|---|---|---|---|---|---|---|
| deposit | $131,000 | $261,000 | - | - | - | - | - | - | - | - | $392,000 |
| remaining balance payment | - | $131,000 | - | - | - | - | - | - | - | - | $131,000 |
| closing cost | - | $144,000 | - | - | - | - | - | - | - | - | $144,000 |
| operating expense | - | $17,000 | $30,000 | $31,000 | $32,000 | $32,000 | $33,000 | $34,000 | $35,000 | $35,000 | $279,000 |
| mortgage payment | - | $76,000 | $131,000 | $131,000 | $131,000 | $131,000 | $131,000 | $131,000 | $131,000 | $131,000 | $1,124,000 |
| total expense investment | $131,000 | $630,000 | $161,000 | $162,000 | $162,000 | $163,000 | $164,000 | $165,000 | $165,000 | $166,000 | $2,069,000 |
Other
| Category | Y1 | Y2 | Y3 | Y4 | Y5 | Y6 | Y7 | Y8 | Y9 | Y10 | Total |
|---|---|---|---|---|---|---|---|---|---|---|---|
| net gain loss | $12,000 | -$402,773 | $75,000 | $86,000 | $97,000 | $110,000 | $122,000 | $136,000 | $150,000 | $165,000 | $550,000 |
| cumulative roi | $109 | $48 | $64 | $78 | $90 | $100 | $110 | $120 | $129 | $138 | $987 |
The Essery
Address: Toronto, Ontario
Price Range: $1,122,000 - $4,350,000
Avail. suites: 47
1—3.5 bd
741—2101 SqFt