Suite number:
520 - 1H
Project:
Address:
Toronto W08, Ontario
Developer:
Marlin Spring Developments
Property type:
condo
Floor plan:
Bathrooms:
2
Bedrooms:
2
Size:
531 sqft
Occupancy Date:
Mar 2028
Price, CAD
$670,990
Available
ROI
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Investment Period: 5 years
Yearly Return on Investment in Year 5
20.90%
Cumulative Return on Investment in Year 5
101.54%
Property Price at the End of Year 5
$864,000
Deposit Schedule
$7,500 at Signing
Total up to 5% in 30 days
$33,550
5% in 126 days
$33,550
5% in 491 days
$33,550
5% on Occupancy
$33,550
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 | $35,000 | $37,000 | $39,000 | $41,000 | $43,000 | $45,000 | $47,000 | $50,000 | $52,000 | $55,000 | $443,000 |
| rent income | - | - | $9,000 | $16,000 | $17,000 | $17,000 | $18,000 | $19,000 | $20,000 | $20,000 | $136,000 |
| mortgage principal reduction | - | - | $5,000 | $9,000 | $9,000 | $9,000 | $10,000 | $10,000 | $11,000 | $11,000 | $74,000 |
| deposit interest | $3,000 | $7,000 | $2,000 | - | - | - | - | - | - | - | $11,000 |
| gst hst rebate | - | - | $24,000 | - | - | - | - | - | - | - | $24,000 |
| total income return | $37,000 | $43,000 | $78,000 | $65,000 | $68,000 | $72,000 | $75,000 | $79,000 | $83,000 | $87,000 | $688,000 |
Expense/ Investment
| Category | Y1 | Y2 | Y3 | Y4 | Y5 | Y6 | Y7 | Y8 | Y9 | Y10 | Total |
|---|---|---|---|---|---|---|---|---|---|---|---|
| deposit | $67,000 | $34,000 | $34,000 | - | - | - | - | - | - | - | $134,000 |
| remaining balance payment | - | - | - | - | - | - | - | - | - | - | - |
| closing cost | - | - | $60,000 | - | - | - | - | - | - | - | $60,000 |
| operating expense | - | - | $5,000 | $8,000 | $8,000 | $8,000 | $9,000 | $9,000 | $9,000 | $9,000 | $65,000 |
| mortgage payment | - | - | $20,000 | $34,000 | $34,000 | $34,000 | $34,000 | $34,000 | $34,000 | $34,000 | $255,000 |
| total expense investment | $67,000 | $34,000 | $118,000 | $42,000 | $42,000 | $42,000 | $42,000 | $42,000 | $43,000 | $43,000 | $514,000 |
Other
| Category | Y1 | Y2 | Y3 | Y4 | Y5 | Y6 | Y7 | Y8 | Y9 | Y10 | Total |
|---|---|---|---|---|---|---|---|---|---|---|---|
| net gain loss | -$29,614 | $10,000 | -$39,625 | $23,000 | $26,000 | $30,000 | $33,000 | $37,000 | $40,000 | $44,000 | $174,000 |
| cumulative roi | $56 | $80 | $77 | $90 | $102 | $112 | $122 | $132 | $142 | $151 | $1,000 |
JOYA Condos
Address: Toronto W08, Ontario
Price Range: $460,000 - $1,245,000
Avail. suites: 21
0—3 bd
336—1094 SqFt