Suite number:
1E+D
Project:
Address:
Toronto C01, Ontario
Developer:
Marlin Spring Developments
Property type:
condo
Bathrooms:
1
Bedrooms:
1
Size:
604 sqft
Occupancy Date:
Mar 2025
$804,990
Available
Want to own a unit? —
Investment Period: 5 years
Yearly Return on Investment in Year 5
16.88%
Cumulative Return on Investment in Year 5
82.17%
Property Price at the End of Year 5
$1,037,000
Deposit Schedule
$10,000 at Signing
Total up to 1.5% in 0 days
$12,075
5% on Occupancy
$40,250
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 | $42,000 | $44,000 | $46,000 | $49,000 | $51,000 | $54,000 | $57,000 | $60,000 | $63,000 | $66,000 | $531,000 |
rent income | $9,000 | $15,000 | $15,000 | $16,000 | $16,000 | $17,000 | $18,000 | $19,000 | $20,000 | $20,000 | $165,000 |
mortgage principal reduction | $7,000 | $11,000 | $11,000 | $12,000 | $12,000 | $13,000 | $13,000 | $14,000 | $15,000 | $15,000 | $123,000 |
deposit interest | $428 | - | - | - | - | - | - | - | - | - | $428 |
gst hst rebate | $24,000 | - | - | - | - | - | - | - | - | - | $24,000 |
total income return | $82,000 | $69,000 | $73,000 | $76,000 | $80,000 | $84,000 | $88,000 | $92,000 | $97,000 | $102,000 | $844,000 |
Expense/ Investment
Category | Y1 | Y2 | Y3 | Y4 | Y5 | Y6 | Y7 | Y8 | Y9 | Y10 | Total |
---|---|---|---|---|---|---|---|---|---|---|---|
deposit | $52,000 | - | - | - | - | - | - | - | - | - | $52,000 |
remaining balance payment | $109,000 | - | - | - | - | - | - | - | - | - | $109,000 |
closing cost | $64,000 | - | - | - | - | - | - | - | - | - | $64,000 |
operating expense | $6,000 | $9,000 | $9,000 | $9,000 | $10,000 | $10,000 | $10,000 | $11,000 | $11,000 | $11,000 | $97,000 |
mortgage payment | $26,000 | $39,000 | $39,000 | $39,000 | $39,000 | $39,000 | $39,000 | $39,000 | $39,000 | $39,000 | $379,000 |
total expense investment | $257,000 | $48,000 | $48,000 | $49,000 | $49,000 | $49,000 | $50,000 | $50,000 | $50,000 | $51,000 | $700,000 |
Other
Category | Y1 | Y2 | Y3 | Y4 | Y5 | Y6 | Y7 | Y8 | Y9 | Y10 | Total |
---|---|---|---|---|---|---|---|---|---|---|---|
net gain loss | -$174,600 | $21,000 | $24,000 | $28,000 | $31,000 | $35,000 | $39,000 | $43,000 | $47,000 | $51,000 | $143,000 |
cumulative roi | $30 | $46 | $60 | $71 | $82 | $92 | $101 | $110 | $119 | $128 | $839 |
House of Assembly
Address: Toronto C01, Ontario
Price Range: $697,000 - $1,461,000
Avail. suites: 15
1—3 bd
489—1222 SqFt