Suite number:
316
Project:
Address:
Toronto W07, Ontario
Developer:
Marlin Spring Developments
Property type:
condo
Floor plan:
Bathrooms:
2
Bedrooms:
2
Size:
702 sqft
Occupancy Date:
Jun 2025
Price, CAD
$838,990
Available
ROI
Want to own a unit? —
Investment Period: 5 years
Yearly Return on Investment in Year 5
17.77%
Cumulative Return on Investment in Year 5
85.68%
Property Price at the End of Year 5
$1,081,000
Deposit Schedule
$10,000 at Signing
Total up to 5% in 30 days
$41,950
5% on Occupancy
$41,950
Net Gain (Loss)
Get Expert Advice
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 | $44,000 | $46,000 | $48,000 | $51,000 | $53,000 | $56,000 | $59,000 | $62,000 | $65,000 | $69,000 | $554,000 |
rent income | $10,000 | $21,000 | $22,000 | $23,000 | $24,000 | $25,000 | $26,000 | $27,000 | $28,000 | $29,000 | $235,000 |
mortgage principal reduction | $5,000 | $11,000 | $11,000 | $12,000 | $12,000 | $13,000 | $13,000 | $14,000 | $15,000 | $15,000 | $121,000 |
deposit interest | -$86 | - | - | - | - | - | - | - | - | - | -$86 |
gst hst rebate | $24,000 | - | - | - | - | - | - | - | - | - | $24,000 |
total income return | $83,000 | $77,000 | $81,000 | $85,000 | $89,000 | $94,000 | $98,000 | $103,000 | $108,000 | $114,000 | $934,000 |
Expense/ Investment
Category | Y1 | Y2 | Y3 | Y4 | Y5 | Y6 | Y7 | Y8 | Y9 | Y10 | Total |
---|---|---|---|---|---|---|---|---|---|---|---|
deposit | $84,000 | - | - | - | - | - | - | - | - | - | $84,000 |
remaining balance payment | $84,000 | - | - | - | - | - | - | - | - | - | $84,000 |
closing cost | $67,000 | - | - | - | - | - | - | - | - | - | $67,000 |
operating expense | $5,000 | $10,000 | $11,000 | $11,000 | $11,000 | $11,000 | $12,000 | $12,000 | $12,000 | $12,000 | $107,000 |
mortgage payment | $21,000 | $42,000 | $42,000 | $42,000 | $42,000 | $42,000 | $42,000 | $42,000 | $42,000 | $42,000 | $399,000 |
total expense investment | $261,000 | $52,000 | $53,000 | $53,000 | $53,000 | $53,000 | $54,000 | $54,000 | $54,000 | $54,000 | $741,000 |
Other
Category | Y1 | Y2 | Y3 | Y4 | Y5 | Y6 | Y7 | Y8 | Y9 | Y10 | Total |
---|---|---|---|---|---|---|---|---|---|---|---|
net gain loss | -$178,126 | $25,000 | $29,000 | $32,000 | $36,000 | $41,000 | $45,000 | $49,000 | $54,000 | $59,000 | $193,000 |
cumulative roi | $29 | $46 | $61 | $74 | $86 | $97 | $108 | $118 | $128 | $139 | $886 |
Curio Condos
Address: Toronto W07, Ontario
Price Range: $536,000 - $1,112,000
Avail. suites: 25
0—3 bd
440—1054 SqFt