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
$771,990
Available
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Investment Period: 5 years
Yearly Return on Investment in Year 5
16.90%
Cumulative Return on Investment in Year 5
82.58%
Property Price at the End of Year 5
$995,000
Deposit Schedule
$10,000 at Signing
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 | $9,000 | $15,000 | $15,000 | $16,000 | $17,000 | $17,000 | $18,000 | $19,000 | $20,000 | $20,000 | $166,000 |
mortgage principal reduction | $7,000 | $10,000 | $11,000 | $11,000 | $12,000 | $12,000 | $13,000 | $13,000 | $14,000 | $15,000 | $118,000 |
deposit interest | $413 | - | - | - | - | - | - | - | - | - | $413 |
gst hst rebate | $24,000 | - | - | - | - | - | - | - | - | - | $24,000 |
total income return | $81,000 | $67,000 | $70,000 | $74,000 | $78,000 | $81,000 | $85,000 | $90,000 | $94,000 | $99,000 | $818,000 |
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 | $6,000 | $9,000 | $9,000 | $9,000 | $10,000 | $10,000 | $10,000 | $11,000 | $11,000 | $11,000 | $96,000 |
mortgage payment | $25,000 | $38,000 | $38,000 | $38,000 | $38,000 | $38,000 | $38,000 | $38,000 | $38,000 | $38,000 | $363,000 |
total expense investment | $248,000 | $46,000 | $47,000 | $47,000 | $47,000 | $48,000 | $48,000 | $48,000 | $49,000 | $49,000 | $676,000 |
Other
Category | Y1 | Y2 | Y3 | Y4 | Y5 | Y6 | Y7 | Y8 | Y9 | Y10 | Total |
---|---|---|---|---|---|---|---|---|---|---|---|
net gain loss | -$167,518 | $21,000 | $24,000 | $27,000 | $30,000 | $34,000 | $37,000 | $41,000 | $45,000 | $50,000 | $142,000 |
cumulative roi | $30 | $46 | $60 | $72 | $83 | $93 | $102 | $111 | $120 | $129 | $845 |
House of Assembly
Address: Toronto C01, Ontario
Price Range: $697,000 - $1,461,000
Avail. suites: 15
1—3 bd
489—1222 SqFt