Suite number:
1212 - 1E
Project:
Address:
Toronto W08, Ontario
Developer:
Marlin Spring Developments
Property type:
condo
Bathrooms:
1
Bedrooms:
1
Size:
508 sqft
Occupancy Date:
Mar 2027
$652,990
Available
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Investment Period: 5 years
Yearly Return on Investment in Year 5
20.18%
Cumulative Return on Investment in Year 5
97.79%
Property Price at the End of Year 5
$841,000
Deposit Schedule
$7,500 at Signing
Total up to 5% in 0 days
$32,650
5% in 0 days
$32,650
5% in 60 days
$32,650
5% on Occupancy
$32,650
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 | $34,000 | $36,000 | $38,000 | $40,000 | $42,000 | $44,000 | $46,000 | $48,000 | $51,000 | $54,000 | $431,000 |
rent income | - | - | $9,000 | $12,000 | $13,000 | $13,000 | $14,000 | $15,000 | $15,000 | $16,000 | $107,000 |
mortgage principal reduction | - | - | $6,000 | $9,000 | $9,000 | $10,000 | $10,000 | $10,000 | $11,000 | $11,000 | $76,000 |
deposit interest | $2,000 | $6,000 | $1,000 | - | - | - | - | - | - | - | $9,000 |
gst hst rebate | - | - | $24,000 | - | - | - | - | - | - | - | $24,000 |
total income return | $36,000 | $42,000 | $78,000 | $61,000 | $63,000 | $67,000 | $70,000 | $73,000 | $77,000 | $81,000 | $647,000 |
Expense/ Investment
Category | Y1 | Y2 | Y3 | Y4 | Y5 | Y6 | Y7 | Y8 | Y9 | Y10 | Total |
---|---|---|---|---|---|---|---|---|---|---|---|
deposit | $65,000 | $33,000 | $33,000 | - | - | - | - | - | - | - | $131,000 |
remaining balance payment | - | - | - | - | - | - | - | - | - | - | - |
closing cost | - | - | $58,000 | - | - | - | - | - | - | - | $58,000 |
operating expense | - | - | $5,000 | $7,000 | $8,000 | $8,000 | $8,000 | $8,000 | $9,000 | $9,000 | $63,000 |
mortgage payment | - | - | $24,000 | $32,000 | $32,000 | $32,000 | $32,000 | $32,000 | $32,000 | $32,000 | $246,000 |
total expense investment | $65,000 | $33,000 | $120,000 | $39,000 | $39,000 | $40,000 | $40,000 | $40,000 | $41,000 | $41,000 | $498,000 |
Other
Category | Y1 | Y2 | Y3 | Y4 | Y5 | Y6 | Y7 | Y8 | Y9 | Y10 | Total |
---|---|---|---|---|---|---|---|---|---|---|---|
net gain loss | -$29,217 | $9,000 | -$42,048 | $21,000 | $24,000 | $27,000 | $30,000 | $33,000 | $36,000 | $40,000 | $149,000 |
cumulative roi | $55 | $79 | $74 | $87 | $98 | $108 | $117 | $126 | $134 | $142 | $1,000 |
JOYA Condos
Address: Toronto W08, Ontario
Price Range: $460,000 - $1,264,000
Avail. suites: 25
0—3 bd
336—1094 SqFt