Suite number:
1B+D
Project:
Address:
Toronto C01, Ontario
Developer:
Marlin Spring Developments
Property type:
condo
Bathrooms:
2
Bedrooms:
1
Size:
595 sqft
Occupancy Date:
Mar 2025
$786,990
Available
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Investment Period: 5 years
Yearly Return on Investment in Year 5
16.86%
Cumulative Return on Investment in Year 5
82.23%
Property Price at the End of Year 5
$1,014,000
Deposit Schedule
$10,000 at Signing
Total up to 1.5% in 0 days
$11,805
5% on Occupancy
$39,350
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 | $41,000 | $43,000 | $45,000 | $48,000 | $50,000 | $53,000 | $55,000 | $58,000 | $61,000 | $65,000 | $519,000 |
rent income | $9,000 | $14,000 | $15,000 | $16,000 | $16,000 | $17,000 | $18,000 | $18,000 | $19,000 | $20,000 | $163,000 |
mortgage principal reduction | $7,000 | $10,000 | $11,000 | $11,000 | $12,000 | $13,000 | $13,000 | $14,000 | $14,000 | $15,000 | $120,000 |
deposit interest | $420 | - | - | - | - | - | - | - | - | - | $420 |
gst hst rebate | $24,000 | - | - | - | - | - | - | - | - | - | $24,000 |
total income return | $81,000 | $68,000 | $71,000 | $75,000 | $78,000 | $82,000 | $86,000 | $90,000 | $95,000 | $100,000 | $827,000 |
Expense/ Investment
Category | Y1 | Y2 | Y3 | Y4 | Y5 | Y6 | Y7 | Y8 | Y9 | Y10 | Total |
---|---|---|---|---|---|---|---|---|---|---|---|
deposit | $51,000 | - | - | - | - | - | - | - | - | - | $51,000 |
remaining balance payment | $106,000 | - | - | - | - | - | - | - | - | - | $106,000 |
closing cost | $63,000 | - | - | - | - | - | - | - | - | - | $63,000 |
operating expense | $6,000 | $9,000 | $9,000 | $9,000 | $10,000 | $10,000 | $10,000 | $11,000 | $11,000 | $11,000 | $95,000 |
mortgage payment | $26,000 | $38,000 | $38,000 | $38,000 | $38,000 | $38,000 | $38,000 | $38,000 | $38,000 | $38,000 | $370,000 |
total expense investment | $252,000 | $47,000 | $47,000 | $48,000 | $48,000 | $48,000 | $48,000 | $49,000 | $49,000 | $49,000 | $686,000 |
Other
Category | Y1 | Y2 | Y3 | Y4 | Y5 | Y6 | Y7 | Y8 | Y9 | Y10 | Total |
---|---|---|---|---|---|---|---|---|---|---|---|
net gain loss | -$170,834 | $21,000 | $24,000 | $27,000 | $30,000 | $34,000 | $38,000 | $42,000 | $46,000 | $50,000 | $141,000 |
cumulative roi | $30 | $46 | $60 | $72 | $82 | $92 | $101 | $110 | $119 | $128 | $840 |
House of Assembly
Address: Toronto C01, Ontario
Price Range: $697,000 - $1,461,000
Avail. suites: 15
1—3 bd
489—1222 SqFt