Suite number:
406 - 3J-T
Project:
Address:
Toronto W08, Ontario
Developer:
Marlin Spring Developments
Property type:
condo
Bathrooms:
3
Bedrooms:
3
Size:
1094 sqft
Occupancy Date:
Mar 2027
Price, CAD
$1,263,990
Available
ROI
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Investment Period: 5 years
Yearly Return on Investment in Year 5
23.36%
Cumulative Return on Investment in Year 5
107.81%
Property Price at the End of Year 5
$1,628,000
Deposit Schedule
$7,500 at Signing
Total up to 5% in 0 days
$63,200
5% in 0 days
$63,200
5% in 60 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 | - | - | $29,000 | $40,000 | $41,000 | $43,000 | $45,000 | $47,000 | $49,000 | $51,000 | $345,000 |
| mortgage principal reduction | - | - | $12,000 | $17,000 | $18,000 | $18,000 | $19,000 | $20,000 | $21,000 | $22,000 | $148,000 |
| deposit interest | $4,000 | $11,000 | $2,000 | - | - | - | - | - | - | - | $18,000 |
| gst hst rebate | - | - | $24,000 | - | - | - | - | - | - | - | $24,000 |
| total income return | $70,000 | $80,000 | $140,000 | $133,000 | $139,000 | $146,000 | $153,000 | $161,000 | $169,000 | $177,000 | $1,369,000 |
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 | - | - | $83,000 | - | - | - | - | - | - | - | $83,000 |
| operating expense | - | - | $12,000 | $17,000 | $17,000 | $18,000 | $19,000 | $19,000 | $20,000 | $20,000 | $143,000 |
| mortgage payment | - | - | $46,000 | $61,000 | $61,000 | $61,000 | $61,000 | $61,000 | $61,000 | $61,000 | $476,000 |
| total expense investment | $126,000 | $63,000 | $204,000 | $78,000 | $79,000 | $79,000 | $80,000 | $81,000 | $81,000 | $82,000 | $955,000 |
Other
| Category | Y1 | Y2 | Y3 | Y4 | Y5 | Y6 | Y7 | Y8 | Y9 | Y10 | Total |
|---|---|---|---|---|---|---|---|---|---|---|---|
| net gain loss | -$56,615 | $17,000 | -$64,174 | $55,000 | $61,000 | $67,000 | $73,000 | $80,000 | $87,000 | $95,000 | $414,000 |
| cumulative roi | $55 | $79 | $76 | $93 | $108 | $122 | $135 | $148 | $161 | $174 | $1,000 |
JOYA Condos
Address: Toronto W08, Ontario
Price Range: $460,000 - $1,264,000
Avail. suites: 25
0—3 bd
336—1094 SqFt