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
Price, CAD
$786,990
Available
ROI
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Investment Period: 5 years
Yearly Return on Investment in Year 5
17.81%
Cumulative Return on Investment in Year 5
86.49%
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
$29,350
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 | $7,000 | $14,000 | $15,000 | $15,000 | $16,000 | $17,000 | $18,000 | $18,000 | $19,000 | $20,000 | $159,000 |
| mortgage principal reduction | $5,000 | $11,000 | $12,000 | $12,000 | $13,000 | $13,000 | $14,000 | $14,000 | $15,000 | $16,000 | $126,000 |
| deposit interest | $789 | - | - | - | - | - | - | - | - | - | $789 |
| gst hst rebate | $24,000 | - | - | - | - | - | - | - | - | - | $24,000 |
| total income return | $78,000 | $69,000 | $72,000 | $75,000 | $79,000 | $83,000 | $87,000 | $91,000 | $95,000 | $100,000 | $829,000 |
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 | $4,000 | $9,000 | $9,000 | $9,000 | $10,000 | $10,000 | $10,000 | $10,000 | $11,000 | $11,000 | $93,000 |
| mortgage payment | $18,000 | $36,000 | $36,000 | $36,000 | $36,000 | $36,000 | $36,000 | $36,000 | $36,000 | $36,000 | $343,000 |
| total expense investment | $243,000 | $45,000 | $45,000 | $45,000 | $46,000 | $46,000 | $46,000 | $47,000 | $47,000 | $47,000 | $657,000 |
Other
| Category | Y1 | Y2 | Y3 | Y4 | Y5 | Y6 | Y7 | Y8 | Y9 | Y10 | Total |
|---|---|---|---|---|---|---|---|---|---|---|---|
| net gain loss | -$165,103 | $24,000 | $27,000 | $30,000 | $33,000 | $37,000 | $41,000 | $44,000 | $49,000 | $53,000 | $172,000 |
| cumulative roi | $31 | $48 | $62 | $75 | $86 | $97 | $107 | $117 | $126 | $136 | $885 |
Well-connected, designed, and integrated, Sterling Junction is on the verge of explosive growth. With 3 condominium ‘houses’ set to take shape in the coming years, Sterling Junction will see the introduction of over 600 residences, 420,000 sqft of in...
Address: Toronto C01, Ontario
Price Range: $697,000 - $1,461,000
Avail. suites: 15
1—3 bd
489—1222 SqFt