Suite number:
111
Project:
Address:
Toronto W07, Ontario
Developer:
Marlin Spring Developments
Property type:
condo
Bathrooms:
2
Bedrooms:
2
Size:
731 sqft
Occupancy Date:
Jun 2025
$843,990
Available
Want to own a unit? —
Investment Period: 5 years
Yearly Return on Investment in Year 5
18.47%
Cumulative Return on Investment in Year 5
89.03%
Property Price at the End of Year 5
$1,087,000
Deposit Schedule
$10,000 at Signing
Total up to 5% in 0 days
$42,200
5% on Occupancy
$42,200
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 | $44,000 | $46,000 | $49,000 | $51,000 | $54,000 | $57,000 | $59,000 | $63,000 | $66,000 | $69,000 | $557,000 |
rent income | $9,000 | $22,000 | $23,000 | $24,000 | $25,000 | $26,000 | $27,000 | $28,000 | $29,000 | $30,000 | $242,000 |
mortgage principal reduction | $4,000 | $11,000 | $12,000 | $12,000 | $13,000 | $13,000 | $14,000 | $15,000 | $15,000 | $16,000 | $125,000 |
deposit interest | $1,000 | - | - | - | - | - | - | - | - | - | $1,000 |
gst hst rebate | $24,000 | - | - | - | - | - | - | - | - | - | $24,000 |
total income return | $82,000 | $79,000 | $83,000 | $87,000 | $91,000 | $96,000 | $100,000 | $105,000 | $110,000 | $116,000 | $949,000 |
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 | $66,000 | - | - | - | - | - | - | - | - | - | $66,000 |
operating expense | $4,000 | $11,000 | $11,000 | $11,000 | $12,000 | $12,000 | $13,000 | $13,000 | $13,000 | $14,000 | $114,000 |
mortgage payment | $17,000 | $41,000 | $41,000 | $41,000 | $41,000 | $41,000 | $41,000 | $41,000 | $41,000 | $41,000 | $387,000 |
total expense investment | $256,000 | $52,000 | $52,000 | $52,000 | $53,000 | $53,000 | $54,000 | $54,000 | $54,000 | $55,000 | $735,000 |
Other
Category | Y1 | Y2 | Y3 | Y4 | Y5 | Y6 | Y7 | Y8 | Y9 | Y10 | Total |
---|---|---|---|---|---|---|---|---|---|---|---|
net gain loss | -$173,854 | $27,000 | $31,000 | $34,000 | $38,000 | $42,000 | $47,000 | $51,000 | $56,000 | $61,000 | $214,000 |
cumulative roi | $30 | $48 | $63 | $77 | $89 | $101 | $112 | $123 | $134 | $144 | $920 |
Curio Condos
Address: Toronto W07, Ontario
Price Range: $536,000 - $1,112,000
Avail. suites: 25
0—3 bd
440—1054 SqFt