Suite number:
318 - 2X
Project:
Address:
Toronto W08, Ontario
Developer:
Marlin Spring Developments
Property type:
condo
Floor plan:
Bathrooms:
2
Bedrooms:
2
Size:
662 sqft
Occupancy Date:
Mar 2028
Price, CAD
$780,990
Available
ROI
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Investment Period: 5 years
Yearly Return on Investment in Year 5
23.04%
Cumulative Return on Investment in Year 5
108.97%
Property Price at the End of Year 5
$1,006,000
Deposit Schedule
$7,500 at Signing
Total up to 5% in 30 days
$39,050
5% in 358 days
$39,050
5% in 723 days
$39,050
5% on Occupancy
$39,050
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 | $40,000 | $43,000 | $45,000 | $47,000 | $50,000 | $52,000 | $55,000 | $58,000 | $61,000 | $64,000 | $515,000 |
| rent income | - | - | - | $18,000 | $20,000 | $21,000 | $22,000 | $23,000 | $24,000 | $25,000 | $152,000 |
| mortgage principal reduction | - | - | - | $9,000 | $10,000 | $11,000 | $11,000 | $12,000 | $12,000 | $13,000 | $77,000 |
| deposit interest | $2,000 | $6,000 | $6,000 | $300 | - | - | - | - | - | - | $15,000 |
| gst hst rebate | - | - | - | $24,000 | - | - | - | - | - | - | $24,000 |
| total income return | $43,000 | $49,000 | $51,000 | $98,000 | $80,000 | $84,000 | $88,000 | $92,000 | $97,000 | $102,000 | $784,000 |
Expense/ Investment
| Category | Y1 | Y2 | Y3 | Y4 | Y5 | Y6 | Y7 | Y8 | Y9 | Y10 | Total |
|---|---|---|---|---|---|---|---|---|---|---|---|
| deposit | $78,000 | $39,000 | - | $39,000 | - | - | - | - | - | - | $156,000 |
| remaining balance payment | - | - | - | - | - | - | - | - | - | - | - |
| closing cost | - | - | - | $65,000 | - | - | - | - | - | - | $65,000 |
| operating expense | - | - | - | $9,000 | $10,000 | $10,000 | $10,000 | $11,000 | $11,000 | $11,000 | $72,000 |
| mortgage payment | - | - | - | $36,000 | $39,000 | $39,000 | $39,000 | $39,000 | $39,000 | $39,000 | $271,000 |
| total expense investment | $78,000 | $39,000 | - | $148,000 | $49,000 | $49,000 | $49,000 | $50,000 | $50,000 | $50,000 | $563,000 |
Other
| Category | Y1 | Y2 | Y3 | Y4 | Y5 | Y6 | Y7 | Y8 | Y9 | Y10 | Total |
|---|---|---|---|---|---|---|---|---|---|---|---|
| net gain loss | -$35,521 | $10,000 | $51,000 | -$50,328 | $31,000 | $35,000 | $39,000 | $43,000 | $47,000 | $51,000 | $220,000 |
| cumulative roi | $55 | $78 | $122 | $97 | $109 | $120 | $131 | $141 | $151 | $160 | $1,000 |
JOYA Condos
Address: Toronto W08, Ontario
Price Range: $460,000 - $1,264,000
Avail. suites: 27
0—3 bd
336—1094 SqFt