Suite number:
1C
Project:
Address:
Toronto C01, Ontario
Developer:
Marlin Spring Developments
Property type:
condo
Floor plan:
Bathrooms:
1
Bedrooms:
1
Size:
502 sqft
Occupancy Date:
Mar 2025
Price, CAD
$600,000
Available
ROI
Want to own a unit? —
Investment Period: 5 years
Yearly Return on Investment in Year 5
16.10%
Cumulative Return on Investment in Year 5
80.63%
Property Price at the End of Year 5
$773,000
Deposit Schedule
$10,000 at Signing
Total up to 5% in 30 days
$30,000
1.5% on Occupancy
$9,000
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 | $31,000 | $33,000 | $35,000 | $36,000 | $38,000 | $40,000 | $42,000 | $44,000 | $47,000 | $49,000 | $396,000 |
| rent income | $9,000 | $12,000 | $13,000 | $13,000 | $14,000 | $14,000 | $15,000 | $16,000 | $16,000 | $17,000 | $139,000 |
| mortgage principal reduction | $6,000 | $8,000 | $8,000 | $8,000 | $9,000 | $9,000 | $10,000 | $10,000 | $11,000 | $11,000 | $90,000 |
| deposit interest | $156 | - | - | - | - | - | - | - | - | - | $156 |
| gst hst rebate | $24,000 | - | - | - | - | - | - | - | - | - | $24,000 |
| total income return | $70,000 | $53,000 | $55,000 | $58,000 | $61,000 | $64,000 | $67,000 | $70,000 | $74,000 | $77,000 | $648,000 |
Expense/ Investment
| Category | Y1 | Y2 | Y3 | Y4 | Y5 | Y6 | Y7 | Y8 | Y9 | Y10 | Total |
|---|---|---|---|---|---|---|---|---|---|---|---|
| deposit | $39,000 | - | - | - | - | - | - | - | - | - | $39,000 |
| remaining balance payment | $81,000 | - | - | - | - | - | - | - | - | - | $81,000 |
| closing cost | $57,000 | - | - | - | - | - | - | - | - | - | $57,000 |
| operating expense | $5,000 | $7,000 | $7,000 | $7,000 | $8,000 | $8,000 | $8,000 | $8,000 | $8,000 | $9,000 | $76,000 |
| mortgage payment | $23,000 | $30,000 | $30,000 | $30,000 | $30,000 | $30,000 | $30,000 | $30,000 | $30,000 | $30,000 | $293,000 |
| total expense investment | $205,000 | $37,000 | $37,000 | $38,000 | $38,000 | $38,000 | $38,000 | $38,000 | $38,000 | $39,000 | $546,000 |
Other
| Category | Y1 | Y2 | Y3 | Y4 | Y5 | Y6 | Y7 | Y8 | Y9 | Y10 | Total |
|---|---|---|---|---|---|---|---|---|---|---|---|
| net gain loss | -$135,667 | $15,000 | $18,000 | $20,000 | $23,000 | $26,000 | $29,000 | $32,000 | $35,000 | $39,000 | $102,000 |
| cumulative roi | $31 | $46 | $59 | $70 | $81 | $90 | $99 | $108 | $117 | $126 | $828 |
House of Assembly
Address: Toronto C01, Ontario
Price Range: $600,000 - $1,000,000
Avail. suites: 4
1—3 bd
489—1222 SqFt