Suite number:
422
Project:
Address:
Toronto W07, Ontario
Developer:
Marlin Spring Developments
Property type:
condo
Bathrooms:
2
Bedrooms:
2
Size:
643 sqft
Occupancy Date:
Jun 2025
$787,990
Available
Want to own a unit? —
Investment Period: 5 years
Yearly Return on Investment in Year 5
18.17%
Cumulative Return on Investment in Year 5
88.06%
Property Price at the End of Year 5
$1,015,000
Deposit Schedule
$10,000 at Signing
Total up to 5% in 0 days
$39,400
5% on Occupancy
$39,400
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 | $41,000 | $43,000 | $45,000 | $48,000 | $50,000 | $53,000 | $56,000 | $58,000 | $61,000 | $65,000 | $520,000 |
rent income | $8,000 | $19,000 | $20,000 | $21,000 | $22,000 | $23,000 | $24,000 | $25,000 | $26,000 | $27,000 | $213,000 |
mortgage principal reduction | $4,000 | $10,000 | $11,000 | $11,000 | $12,000 | $12,000 | $13,000 | $14,000 | $14,000 | $15,000 | $117,000 |
deposit interest | $944 | - | - | - | - | - | - | - | - | - | $944 |
gst hst rebate | $24,000 | - | - | - | - | - | - | - | - | - | $24,000 |
total income return | $78,000 | $73,000 | $76,000 | $80,000 | $84,000 | $88,000 | $92,000 | $97,000 | $101,000 | $106,000 | $874,000 |
Expense/ Investment
Category | Y1 | Y2 | Y3 | Y4 | Y5 | Y6 | Y7 | Y8 | Y9 | Y10 | Total |
---|---|---|---|---|---|---|---|---|---|---|---|
deposit | $79,000 | - | - | - | - | - | - | - | - | - | $79,000 |
remaining balance payment | $79,000 | - | - | - | - | - | - | - | - | - | $79,000 |
closing cost | $63,000 | - | - | - | - | - | - | - | - | - | $63,000 |
operating expense | $4,000 | $10,000 | $10,000 | $10,000 | $10,000 | $11,000 | $11,000 | $12,000 | $12,000 | $12,000 | $102,000 |
mortgage payment | $16,000 | $38,000 | $38,000 | $38,000 | $38,000 | $38,000 | $38,000 | $38,000 | $38,000 | $38,000 | $361,000 |
total expense investment | $241,000 | $48,000 | $48,000 | $48,000 | $49,000 | $49,000 | $49,000 | $50,000 | $50,000 | $51,000 | $684,000 |
Other
Category | Y1 | Y2 | Y3 | Y4 | Y5 | Y6 | Y7 | Y8 | Y9 | Y10 | Total |
---|---|---|---|---|---|---|---|---|---|---|---|
net gain loss | -$163,144 | $25,000 | $28,000 | $31,000 | $35,000 | $39,000 | $43,000 | $47,000 | $51,000 | $56,000 | $191,000 |
cumulative roi | $30 | $48 | $63 | $76 | $88 | $99 | $110 | $121 | $131 | $142 | $908 |
Curio Condos
Address: Toronto W07, Ontario
Price Range: $536,000 - $1,112,000
Avail. suites: 25
0—3 bd
440—1054 SqFt