Suite number:
420
Project:
Address:
Toronto W07, Ontario
Developer:
Marlin Spring Developments
Property type:
condo
Floor plan:
Bathrooms:
2
Bedrooms:
3
Size:
1054 sqft
Occupancy Date:
Jun 2025
Price, CAD
$1,071,990
Available
ROI
Want to own a unit? —
Investment Period: 5 years
Yearly Return on Investment in Year 5
19.83%
Cumulative Return on Investment in Year 5
94.06%
Property Price at the End of Year 5
$1,381,000
Deposit Schedule
$10,000 at Signing
Total up to 5% in 30 days
$53,600
5% on Occupancy
$53,600
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 | $56,000 | $59,000 | $62,000 | $65,000 | $68,000 | $72,000 | $76,000 | $79,000 | $84,000 | $88,000 | $707,000 |
| rent income | $18,000 | $38,000 | $39,000 | $41,000 | $43,000 | $44,000 | $46,000 | $48,000 | $50,000 | $53,000 | $421,000 |
| mortgage principal reduction | $7,000 | $14,000 | $14,000 | $15,000 | $16,000 | $16,000 | $17,000 | $18,000 | $19,000 | $20,000 | $155,000 |
| deposit interest | -$109 | - | - | - | - | - | - | - | - | - | -$109 |
| gst hst rebate | $24,000 | - | - | - | - | - | - | - | - | - | $24,000 |
| total income return | $104,000 | $110,000 | $115,000 | $121,000 | $127,000 | $133,000 | $139,000 | $146,000 | $153,000 | $160,000 | $1,308,000 |
Expense/ Investment
| Category | Y1 | Y2 | Y3 | Y4 | Y5 | Y6 | Y7 | Y8 | Y9 | Y10 | Total |
|---|---|---|---|---|---|---|---|---|---|---|---|
| deposit | $107,000 | - | - | - | - | - | - | - | - | - | $107,000 |
| remaining balance payment | $107,000 | - | - | - | - | - | - | - | - | - | $107,000 |
| closing cost | $76,000 | - | - | - | - | - | - | - | - | - | $76,000 |
| operating expense | $8,000 | $16,000 | $16,000 | $16,000 | $17,000 | $17,000 | $17,000 | $18,000 | $18,000 | $19,000 | $161,000 |
| mortgage payment | $27,000 | $54,000 | $54,000 | $54,000 | $54,000 | $54,000 | $54,000 | $54,000 | $54,000 | $54,000 | $510,000 |
| total expense investment | $325,000 | $69,000 | $70,000 | $70,000 | $70,000 | $71,000 | $71,000 | $72,000 | $72,000 | $72,000 | $962,000 |
Other
| Category | Y1 | Y2 | Y3 | Y4 | Y5 | Y6 | Y7 | Y8 | Y9 | Y10 | Total |
|---|---|---|---|---|---|---|---|---|---|---|---|
| net gain loss | -$220,832 | $41,000 | $46,000 | $51,000 | $56,000 | $62,000 | $68,000 | $74,000 | $81,000 | $88,000 | $345,000 |
| cumulative roi | $28 | $47 | $64 | $79 | $94 | $108 | $122 | $136 | $150 | $165 | $994 |
Curio Condos
Address: Toronto W07, Ontario
Price Range: $536,000 - $1,112,000
Avail. suites: 25
0—3 bd
440—1054 SqFt