Suite number:
205
Project:
Address:
Toronto, Ontario
Developer:
Aspen Ridge Homes
Property type:
condo
Floor plan:
Bathrooms:
2
Bedrooms:
2
Size:
1362 sqft
Occupancy Date:
Feb 2027
Price, CAD
$2,388,990
Available
ROI
Want to own a unit? —
Investment Period: 5 years
Yearly Return on Investment in Year 5
19.62%
Cumulative Return on Investment in Year 5
87.73%
Property Price at the End of Year 5
$3,079,000
Deposit Schedule
$5 at Signing
Net Gain (Loss)
Get Expert Advice
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 | $125,000 | $131,000 | $138,000 | $145,000 | $152,000 | $160,000 | $168,000 | $177,000 | $186,000 | $196,000 | $1,578,000 |
| rent income | - | $13,000 | $40,000 | $42,000 | $44,000 | $46,000 | $48,000 | $50,000 | $52,000 | $54,000 | $388,000 |
| mortgage principal reduction | - | $10,000 | $30,000 | $31,000 | $33,000 | $35,000 | $36,000 | $38,000 | $40,000 | $42,000 | $294,000 |
| deposit interest | $6,000 | $4,000 | - | - | - | - | - | - | - | - | $10,000 |
| gst hst rebate | - | $24,000 | - | - | - | - | - | - | - | - | $24,000 |
| total income return | $131,000 | $181,000 | $208,000 | $218,000 | $229,000 | $240,000 | $252,000 | $265,000 | $278,000 | $292,000 | $2,294,000 |
Expense/ Investment
| Category | Y1 | Y2 | Y3 | Y4 | Y5 | Y6 | Y7 | Y8 | Y9 | Y10 | Total |
|---|---|---|---|---|---|---|---|---|---|---|---|
| deposit | $119,000 | - | - | - | - | - | - | - | - | - | $119,000 |
| remaining balance payment | - | $358,000 | - | - | - | - | - | - | - | - | $358,000 |
| closing cost | - | $133,000 | - | - | - | - | - | - | - | - | $133,000 |
| operating expense | - | $9,000 | $27,000 | $28,000 | $28,000 | $29,000 | $30,000 | $30,000 | $31,000 | $32,000 | $243,000 |
| mortgage payment | - | $40,000 | $120,000 | $120,000 | $120,000 | $120,000 | $120,000 | $120,000 | $120,000 | $120,000 | $997,000 |
| total expense investment | $119,000 | $540,000 | $147,000 | $147,000 | $148,000 | $149,000 | $149,000 | $150,000 | $151,000 | $151,000 | $1,851,000 |
Other
| Category | Y1 | Y2 | Y3 | Y4 | Y5 | Y6 | Y7 | Y8 | Y9 | Y10 | Total |
|---|---|---|---|---|---|---|---|---|---|---|---|
| net gain loss | $12,000 | -$358,829 | $61,000 | $71,000 | $81,000 | $92,000 | $103,000 | $115,000 | $127,000 | $141,000 | $443,000 |
| cumulative roi | $110 | $48 | $64 | $77 | $88 | $98 | $107 | $116 | $124 | $132 | $961 |
The Essery
Address: Toronto, Ontario
Price Range: $1,122,000 - $4,350,000
Avail. suites: 47
1—3.5 bd
741—2101 SqFt