Suite number:
Wenderly
Project:
Address:
Toronto W04, Ontario
Developer:
Kultura
Property type:
condo
Bathrooms:
2
Bedrooms:
2
Size:
959 sqft
Occupancy Date:
Mar 2025
Price, CAD
$998,900
Available
ROI
Want to own a unit? —
Investment Period: 5 years
Yearly Return on Investment in Year 5
19.43%
Cumulative Return on Investment in Year 5
93.23%
Property Price at the End of Year 5
$1,287,000
Deposit Schedule
$5,000 at Signing
Total up to 5% in 30 days
$49,945
2.5% in 90 days
$24,973
12.5% on Occupancy
$124,863
Net Gain (Loss)
Get Expert Advice
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 | $52,000 | $55,000 | $57,000 | $60,000 | $64,000 | $67,000 | $70,000 | $74,000 | $78,000 | $82,000 | $659,000 |
| rent income | $19,000 | $29,000 | $30,000 | $31,000 | $33,000 | $34,000 | $36,000 | $37,000 | $39,000 | $40,000 | $328,000 |
| mortgage principal reduction | $9,000 | $13,000 | $14,000 | $15,000 | $15,000 | $16,000 | $17,000 | $17,000 | $18,000 | $19,000 | $153,000 |
| deposit interest | $679 | - | - | - | - | - | - | - | - | - | $679 |
| gst hst rebate | $24,000 | - | - | - | - | - | - | - | - | - | $24,000 |
| total income return | $104,000 | $97,000 | $101,000 | $106,000 | $112,000 | $117,000 | $123,000 | $129,000 | $135,000 | $141,000 | $1,164,000 |
Expense/ Investment
| Category | Y1 | Y2 | Y3 | Y4 | Y5 | Y6 | Y7 | Y8 | Y9 | Y10 | Total |
|---|---|---|---|---|---|---|---|---|---|---|---|
| deposit | $200,000 | - | - | - | - | - | - | - | - | - | $200,000 |
| remaining balance payment | - | - | - | - | - | - | - | - | - | - | - |
| closing cost | $72,000 | - | - | - | - | - | - | - | - | - | $72,000 |
| operating expense | $7,000 | $11,000 | $11,000 | $11,000 | $12,000 | $12,000 | $13,000 | $13,000 | $13,000 | $14,000 | $117,000 |
| mortgage payment | $32,000 | $49,000 | $49,000 | $49,000 | $49,000 | $49,000 | $49,000 | $49,000 | $49,000 | $49,000 | $470,000 |
| total expense investment | $311,000 | $59,000 | $60,000 | $60,000 | $60,000 | $61,000 | $61,000 | $62,000 | $62,000 | $62,000 | $859,000 |
Other
| Category | Y1 | Y2 | Y3 | Y4 | Y5 | Y6 | Y7 | Y8 | Y9 | Y10 | Total |
|---|---|---|---|---|---|---|---|---|---|---|---|
| net gain loss | -$207,397 | $37,000 | $42,000 | $46,000 | $51,000 | $56,000 | $61,000 | $67,000 | $73,000 | $79,000 | $306,000 |
| cumulative roi | $29 | $48 | $64 | $79 | $93 | $107 | $120 | $133 | $145 | $159 | $977 |
Marla On The Park Condos
Address: Toronto W04, Ontario
Price Range: $999,000 - $999,000
Avail. suites: 1
1.5—2 bd
655—1059 SqFt