Suite number:
1D
Project:
Address:
Toronto C01, Ontario
Developer:
Marlin Spring Developments
Property type:
condo
Bathrooms:
1
Bedrooms:
1
Size:
508 sqft
Occupancy Date:
Mar 2025
Price, CAD
$696,990
Available
ROI
Want to own a unit? —
Investment Period: 5 years
Yearly Return on Investment in Year 5
16.61%
Cumulative Return on Investment in Year 5
81.84%
Property Price at the End of Year 5
$898,000
Deposit Schedule
$10,000 at Signing
Total up to 1.5% in 0 days
$10,455
5% on Occupancy
$34,850
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 | $36,000 | $38,000 | $40,000 | $42,000 | $44,000 | $47,000 | $49,000 | $52,000 | $54,000 | $57,000 | $460,000 |
| rent income | $8,000 | $12,000 | $13,000 | $13,000 | $14,000 | $14,000 | $15,000 | $16,000 | $16,000 | $17,000 | $139,000 |
| mortgage principal reduction | $6,000 | $9,000 | $10,000 | $10,000 | $11,000 | $11,000 | $12,000 | $12,000 | $13,000 | $13,000 | $106,000 |
| deposit interest | $377 | - | - | - | - | - | - | - | - | - | $377 |
| gst hst rebate | $24,000 | - | - | - | - | - | - | - | - | - | $24,000 |
| total income return | $74,000 | $60,000 | $63,000 | $66,000 | $69,000 | $72,000 | $76,000 | $80,000 | $83,000 | $88,000 | $730,000 |
Expense/ Investment
| Category | Y1 | Y2 | Y3 | Y4 | Y5 | Y6 | Y7 | Y8 | Y9 | Y10 | Total |
|---|---|---|---|---|---|---|---|---|---|---|---|
| deposit | $45,000 | - | - | - | - | - | - | - | - | - | $45,000 |
| remaining balance payment | $94,000 | - | - | - | - | - | - | - | - | - | $94,000 |
| closing cost | $60,000 | - | - | - | - | - | - | - | - | - | $60,000 |
| operating expense | $5,000 | $8,000 | $8,000 | $8,000 | $8,000 | $9,000 | $9,000 | $9,000 | $9,000 | $10,000 | $82,000 |
| mortgage payment | $23,000 | $34,000 | $34,000 | $34,000 | $34,000 | $34,000 | $34,000 | $34,000 | $34,000 | $34,000 | $328,000 |
| total expense investment | $227,000 | $41,000 | $42,000 | $42,000 | $42,000 | $42,000 | $43,000 | $43,000 | $43,000 | $44,000 | $609,000 |
Other
| Category | Y1 | Y2 | Y3 | Y4 | Y5 | Y6 | Y7 | Y8 | Y9 | Y10 | Total |
|---|---|---|---|---|---|---|---|---|---|---|---|
| net gain loss | -$152,366 | $18,000 | $21,000 | $24,000 | $27,000 | $30,000 | $33,000 | $37,000 | $40,000 | $44,000 | $121,000 |
| cumulative roi | $31 | $46 | $60 | $71 | $82 | $92 | $101 | $110 | $118 | $126 | $836 |
House of Assembly
Address: Toronto C01, Ontario
Price Range: $697,000 - $1,461,000
Avail. suites: 15
1—3 bd
489—1222 SqFt