Suite number:
1B+D
Project:
Address:
Toronto C01, Ontario
Developer:
Marlin Spring Developments
Property type:
condo
Floor plan:
Bathrooms:
2
Bedrooms:
1.5
Size:
595 sqft
Occupancy Date:
Mar 2025
Price, CAD
$700,000
Available
ROI
Want to own a unit? —
Investment Period: 5 years
Yearly Return on Investment in Year 5
18.10%
Cumulative Return on Investment in Year 5
89.35%
Property Price at the End of Year 5
$902,000
Deposit Schedule
$10,000 at Signing
Total up to 5% in 30 days
$35,000
1.5% on Occupancy
$10,500
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 | $36,000 | $38,000 | $40,000 | $42,000 | $45,000 | $47,000 | $49,000 | $52,000 | $55,000 | $57,000 | $462,000 |
| rent income | $16,000 | $21,000 | $22,000 | $23,000 | $24,000 | $25,000 | $26,000 | $28,000 | $29,000 | $30,000 | $245,000 |
| mortgage principal reduction | $6,000 | $9,000 | $9,000 | $10,000 | $10,000 | $11,000 | $11,000 | $12,000 | $12,000 | $13,000 | $105,000 |
| deposit interest | $182 | - | - | - | - | - | - | - | - | - | $182 |
| gst hst rebate | $24,000 | - | - | - | - | - | - | - | - | - | $24,000 |
| total income return | $83,000 | $69,000 | $72,000 | $76,000 | $79,000 | $83,000 | $87,000 | $91,000 | $96,000 | $101,000 | $836,000 |
Expense/ Investment
| Category | Y1 | Y2 | Y3 | Y4 | Y5 | Y6 | Y7 | Y8 | Y9 | Y10 | Total |
|---|---|---|---|---|---|---|---|---|---|---|---|
| deposit | $46,000 | - | - | - | - | - | - | - | - | - | $46,000 |
| remaining balance payment | $95,000 | - | - | - | - | - | - | - | - | - | $95,000 |
| closing cost | $61,000 | - | - | - | - | - | - | - | - | - | $61,000 |
| operating expense | $7,000 | $9,000 | $9,000 | $10,000 | $10,000 | $10,000 | $10,000 | $10,000 | $11,000 | $11,000 | $97,000 |
| mortgage payment | $26,000 | $35,000 | $35,000 | $35,000 | $35,000 | $35,000 | $35,000 | $35,000 | $35,000 | $35,000 | $342,000 |
| total expense investment | $234,000 | $44,000 | $44,000 | $45,000 | $45,000 | $45,000 | $45,000 | $46,000 | $46,000 | $46,000 | $640,000 |
Other
| Category | Y1 | Y2 | Y3 | Y4 | Y5 | Y6 | Y7 | Y8 | Y9 | Y10 | Total |
|---|---|---|---|---|---|---|---|---|---|---|---|
| net gain loss | -$151,954 | $25,000 | $28,000 | $31,000 | $34,000 | $38,000 | $42,000 | $46,000 | $50,000 | $55,000 | $196,000 |
| cumulative roi | $31 | $48 | $63 | $76 | $89 | $102 | $114 | $126 | $138 | $150 | $937 |
House of Assembly
Address: Toronto C01, Ontario
Price Range: $600,000 - $1,000,000
Avail. suites: 4
1—3 bd
489—1222 SqFt