Suite number:
507 - 3J
Project:
Address:
Toronto W08, Ontario
Developer:
Marlin Spring Developments
Property type:
condo
Floor plan:
Bathrooms:
3
Bedrooms:
3
Size:
1094 sqft
Occupancy Date:
Mar 2028
Price, CAD
$1,244,990
Available
ROI
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Investment Period: 5 years
Yearly Return on Investment in Year 5
23.37%
Cumulative Return on Investment in Year 5
108.51%
Property Price at the End of Year 5
$1,604,000
Deposit Schedule
$7,500 at Signing
Total up to 5% in 30 days
$62,250
5% in 126 days
$62,250
5% in 491 days
$62,250
5% on Occupancy
$62,250
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 | $65,000 | $68,000 | $72,000 | $75,000 | $79,000 | $83,000 | $88,000 | $92,000 | $97,000 | $102,000 | $822,000 |
| rent income | - | - | $22,000 | $39,000 | $41,000 | $43,000 | $44,000 | $46,000 | $48,000 | $50,000 | $334,000 |
| mortgage principal reduction | - | - | $9,000 | $16,000 | $17,000 | $17,000 | $18,000 | $19,000 | $20,000 | $21,000 | $137,000 |
| deposit interest | $5,000 | $12,000 | $4,000 | - | - | - | - | - | - | - | $21,000 |
| gst hst rebate | - | - | $24,000 | - | - | - | - | - | - | - | $24,000 |
| total income return | $70,000 | $80,000 | $130,000 | $130,000 | $137,000 | $143,000 | $150,000 | $158,000 | $165,000 | $174,000 | $1,338,000 |
Expense/ Investment
| Category | Y1 | Y2 | Y3 | Y4 | Y5 | Y6 | Y7 | Y8 | Y9 | Y10 | Total |
|---|---|---|---|---|---|---|---|---|---|---|---|
| deposit | $124,000 | $62,000 | $62,000 | - | - | - | - | - | - | - | $249,000 |
| remaining balance payment | - | - | - | - | - | - | - | - | - | - | - |
| closing cost | - | - | $83,000 | - | - | - | - | - | - | - | $83,000 |
| operating expense | - | - | $10,000 | $17,000 | $17,000 | $17,000 | $18,000 | $18,000 | $19,000 | $19,000 | $135,000 |
| mortgage payment | - | - | $36,000 | $62,000 | $62,000 | $62,000 | $62,000 | $62,000 | $62,000 | $62,000 | $473,000 |
| total expense investment | $124,000 | $62,000 | $191,000 | $79,000 | $79,000 | $80,000 | $80,000 | $81,000 | $81,000 | $82,000 | $940,000 |
Other
| Category | Y1 | Y2 | Y3 | Y4 | Y5 | Y6 | Y7 | Y8 | Y9 | Y10 | Total |
|---|---|---|---|---|---|---|---|---|---|---|---|
| net gain loss | -$54,948 | $18,000 | -$61,014 | $51,000 | $57,000 | $64,000 | $70,000 | $77,000 | $84,000 | $92,000 | $398,000 |
| cumulative roi | $56 | $80 | $78 | $94 | $109 | $122 | $135 | $147 | $160 | $173 | $1,000 |
JOYA Condos
Address: Toronto W08, Ontario
Price Range: $460,000 - $1,245,000
Avail. suites: 21
0—3 bd
336—1094 SqFt