Suite number:
406 - 3J-T
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
$1,263,990
Available
ROI
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Investment Period: 5 years
Yearly Return on Investment in Year 5
24.94%
Cumulative Return on Investment in Year 5
114.12%
Property Price at the End of Year 5
$1,628,000
Deposit Schedule
$7,500 at Signing
Total up to 5% in 30 days
$63,200
5% in 358 days
$63,200
5% in 723 days
$63,200
5% on Occupancy
$63,200
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 | $66,000 | $69,000 | $73,000 | $77,000 | $80,000 | $85,000 | $89,000 | $94,000 | $99,000 | $104,000 | $834,000 |
| rent income | - | - | - | $35,000 | $40,000 | $41,000 | $43,000 | $45,000 | $47,000 | $49,000 | $300,000 |
| mortgage principal reduction | - | - | - | $14,000 | $16,000 | $17,000 | $18,000 | $19,000 | $20,000 | $21,000 | $125,000 |
| deposit interest | $3,000 | $10,000 | $10,000 | $486 | - | - | - | - | - | - | $24,000 |
| gst hst rebate | - | - | - | $24,000 | - | - | - | - | - | - | $24,000 |
| total income return | $69,000 | $79,000 | $83,000 | $150,000 | $136,000 | $143,000 | $150,000 | $158,000 | $165,000 | $173,000 | $1,307,000 |
Expense/ Investment
| Category | Y1 | Y2 | Y3 | Y4 | Y5 | Y6 | Y7 | Y8 | Y9 | Y10 | Total |
|---|---|---|---|---|---|---|---|---|---|---|---|
| deposit | $126,000 | $63,000 | - | $63,000 | - | - | - | - | - | - | $253,000 |
| remaining balance payment | - | - | - | - | - | - | - | - | - | - | - |
| closing cost | - | - | - | $84,000 | - | - | - | - | - | - | $84,000 |
| operating expense | - | - | - | $15,000 | $17,000 | $17,000 | $18,000 | $18,000 | $19,000 | $19,000 | $123,000 |
| mortgage payment | - | - | - | $58,000 | $63,000 | $63,000 | $63,000 | $63,000 | $63,000 | $63,000 | $438,000 |
| total expense investment | $126,000 | $63,000 | - | $220,000 | $80,000 | $81,000 | $81,000 | $81,000 | $82,000 | $82,000 | $897,000 |
Other
| Category | Y1 | Y2 | Y3 | Y4 | Y5 | Y6 | Y7 | Y8 | Y9 | Y10 | Total |
|---|---|---|---|---|---|---|---|---|---|---|---|
| net gain loss | -$57,509 | $16,000 | $83,000 | -$70,089 | $56,000 | $63,000 | $69,000 | $76,000 | $83,000 | $91,000 | $410,000 |
| cumulative roi | $55 | $78 | $122 | $100 | $114 | $127 | $140 | $152 | $165 | $177 | $1,000 |
JOYA Condos
Address: Toronto W08, Ontario
Price Range: $460,000 - $1,264,000
Avail. suites: 27
0—3 bd
336—1094 SqFt