Suite number:
1F D
Project:
Address:
Toronto C01, Ontario
Developer:
Marlin Spring Developments
Property type:
condo
Bathrooms:
2
Bedrooms:
1
Size:
608 sqft
Occupancy Date:
Mar 2025
Price, CAD
$771,990
Available
ROI
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Investment Period: 5 years
Yearly Return on Investment in Year 5
17.86%
Cumulative Return on Investment in Year 5
86.85%
Property Price at the End of Year 5
$995,000
Deposit Schedule
$10,000 at Signing
Total up to 1.5% in 0 days
$11,580
5% on Occupancy
$28,600
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 | $40,000 | $42,000 | $44,000 | $47,000 | $49,000 | $52,000 | $54,000 | $57,000 | $60,000 | $63,000 | $509,000 |
| rent income | $7,000 | $15,000 | $15,000 | $16,000 | $16,000 | $17,000 | $18,000 | $19,000 | $20,000 | $20,000 | $163,000 |
| mortgage principal reduction | $5,000 | $11,000 | $12,000 | $12,000 | $13,000 | $13,000 | $14,000 | $14,000 | $15,000 | $15,000 | $123,000 |
| deposit interest | $775 | - | - | - | - | - | - | - | - | - | $775 |
| gst hst rebate | $24,000 | - | - | - | - | - | - | - | - | - | $24,000 |
| total income return | $77,000 | $68,000 | $71,000 | $75,000 | $78,000 | $82,000 | $86,000 | $90,000 | $94,000 | $99,000 | $820,000 |
Expense/ Investment
| Category | Y1 | Y2 | Y3 | Y4 | Y5 | Y6 | Y7 | Y8 | Y9 | Y10 | Total |
|---|---|---|---|---|---|---|---|---|---|---|---|
| deposit | $50,000 | - | - | - | - | - | - | - | - | - | $50,000 |
| remaining balance payment | $104,000 | - | - | - | - | - | - | - | - | - | $104,000 |
| closing cost | $63,000 | - | - | - | - | - | - | - | - | - | $63,000 |
| operating expense | $4,000 | $9,000 | $9,000 | $9,000 | $10,000 | $10,000 | $10,000 | $11,000 | $11,000 | $11,000 | $94,000 |
| mortgage payment | $18,000 | $35,000 | $35,000 | $35,000 | $35,000 | $35,000 | $35,000 | $35,000 | $35,000 | $35,000 | $336,000 |
| total expense investment | $239,000 | $44,000 | $44,000 | $45,000 | $45,000 | $45,000 | $46,000 | $46,000 | $46,000 | $47,000 | $648,000 |
Other
| Category | Y1 | Y2 | Y3 | Y4 | Y5 | Y6 | Y7 | Y8 | Y9 | Y10 | Total |
|---|---|---|---|---|---|---|---|---|---|---|---|
| net gain loss | -$161,949 | $24,000 | $27,000 | $30,000 | $33,000 | $37,000 | $40,000 | $44,000 | $48,000 | $52,000 | $173,000 |
| cumulative roi | $31 | $48 | $62 | $75 | $87 | $98 | $108 | $118 | $127 | $137 | $890 |
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