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
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Investment Period: 5 years
Yearly Return on Investment in Year 5
17.54%
Cumulative Return on Investment in Year 5
86.03%
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
$24,850
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 | $6,000 | $12,000 | $13,000 | $13,000 | $14,000 | $14,000 | $15,000 | $16,000 | $16,000 | $17,000 | $136,000 |
| mortgage principal reduction | $5,000 | $10,000 | $10,000 | $11,000 | $11,000 | $12,000 | $12,000 | $13,000 | $13,000 | $14,000 | $111,000 |
| deposit interest | $703 | - | - | - | - | - | - | - | - | - | $703 |
| gst hst rebate | $24,000 | - | - | - | - | - | - | - | - | - | $24,000 |
| total income return | $72,000 | $60,000 | $63,000 | $66,000 | $69,000 | $73,000 | $76,000 | $80,000 | $84,000 | $88,000 | $732,000 |
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 | $4,000 | $8,000 | $8,000 | $8,000 | $8,000 | $8,000 | $9,000 | $9,000 | $9,000 | $10,000 | $80,000 |
| mortgage payment | $16,000 | $32,000 | $32,000 | $32,000 | $32,000 | $32,000 | $32,000 | $32,000 | $32,000 | $32,000 | $303,000 |
| total expense investment | $219,000 | $39,000 | $40,000 | $40,000 | $40,000 | $40,000 | $41,000 | $41,000 | $41,000 | $42,000 | $583,000 |
Other
| Category | Y1 | Y2 | Y3 | Y4 | Y5 | Y6 | Y7 | Y8 | Y9 | Y10 | Total |
|---|---|---|---|---|---|---|---|---|---|---|---|
| net gain loss | -$147,249 | $21,000 | $24,000 | $26,000 | $29,000 | $32,000 | $36,000 | $39,000 | $43,000 | $46,000 | $149,000 |
| cumulative roi | $31 | $48 | $62 | $75 | $86 | $97 | $106 | $116 | $125 | $134 | $880 |
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