Suite number:
Wenderly
Project:
Address:
Toronto W04, Ontario
Developer:
Kultura
Property type:
condo
Floor plan:
Bathrooms:
2
Bedrooms:
2
Size:
959 sqft
Occupancy Date:
Mar 2025
Price, CAD
$998,900
Available
ROI
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Investment Period: 5 years
Yearly Return on Investment in Year 5
18.93%
Cumulative Return on Investment in Year 5
90.69%
Property Price at the End of Year 5
$1,287,000
Deposit Schedule
$5,000 at Signing
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 | $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 | $8,000 | $13,000 | $13,000 | $14,000 | $15,000 | $15,000 | $16,000 | $17,000 | $18,000 | $19,000 | $148,000 |
| deposit interest | $79 | - | - | - | - | - | - | - | - | - | $79 |
| gst hst rebate | $24,000 | - | - | - | - | - | - | - | - | - | $24,000 |
| total income return | $103,000 | $96,000 | $101,000 | $106,000 | $111,000 | $116,000 | $122,000 | $128,000 | $134,000 | $141,000 | $1,159,000 |
Expense/ Investment
| Category | Y1 | Y2 | Y3 | Y4 | Y5 | Y6 | Y7 | Y8 | Y9 | Y10 | Total |
|---|---|---|---|---|---|---|---|---|---|---|---|
| deposit | $5,000 | - | - | - | - | - | - | - | - | - | $5,000 |
| remaining balance payment | $195,000 | - | - | - | - | - | - | - | - | - | $195,000 |
| closing cost | $73,000 | - | - | - | - | - | - | - | - | - | $73,000 |
| operating expense | $7,000 | $11,000 | $11,000 | $11,000 | $11,000 | $12,000 | $12,000 | $12,000 | $13,000 | $13,000 | $113,000 |
| mortgage payment | $33,000 | $50,000 | $50,000 | $50,000 | $50,000 | $50,000 | $50,000 | $50,000 | $50,000 | $50,000 | $484,000 |
| total expense investment | $314,000 | $61,000 | $61,000 | $61,000 | $62,000 | $62,000 | $62,000 | $62,000 | $63,000 | $63,000 | $870,000 |
Other
| Category | Y1 | Y2 | Y3 | Y4 | Y5 | Y6 | Y7 | Y8 | Y9 | Y10 | Total |
|---|---|---|---|---|---|---|---|---|---|---|---|
| net gain loss | -$210,828 | $35,000 | $40,000 | $45,000 | $50,000 | $55,000 | $60,000 | $66,000 | $72,000 | $78,000 | $289,000 |
| cumulative roi | $29 | $47 | $63 | $77 | $91 | $104 | $116 | $129 | $141 | $154 | $950 |
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