Suite number:
1K+D
Project:
Address:
Toronto C01, Ontario
Developer:
Marlin Spring Developments
Property type:
condo
Bathrooms:
2
Bedrooms:
1
Size:
676 sqft
Occupancy Date:
Mar 2025
Price, CAD
$892,990
Available
ROI
Want to own a unit? —
Investment Period: 5 years
Yearly Return on Investment in Year 5
17.03%
Cumulative Return on Investment in Year 5
82.31%
Property Price at the End of Year 5
$1,150,000
Deposit Schedule
$10,000 at Signing
Total up to 1.5% in 0 days
$13,395
5% on Occupancy
$44,650
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 | $46,000 | $49,000 | $51,000 | $54,000 | $57,000 | $60,000 | $63,000 | $66,000 | $70,000 | $73,000 | $589,000 |
| rent income | $11,000 | $16,000 | $17,000 | $18,000 | $18,000 | $19,000 | $20,000 | $21,000 | $22,000 | $23,000 | $185,000 |
| mortgage principal reduction | $8,000 | $12,000 | $12,000 | $13,000 | $14,000 | $14,000 | $15,000 | $16,000 | $16,000 | $17,000 | $136,000 |
| deposit interest | $471 | - | - | - | - | - | - | - | - | - | $471 |
| gst hst rebate | $24,000 | - | - | - | - | - | - | - | - | - | $24,000 |
| total income return | $89,000 | $77,000 | $81,000 | $85,000 | $89,000 | $93,000 | $98,000 | $103,000 | $108,000 | $113,000 | $935,000 |
Expense/ Investment
| Category | Y1 | Y2 | Y3 | Y4 | Y5 | Y6 | Y7 | Y8 | Y9 | Y10 | Total |
|---|---|---|---|---|---|---|---|---|---|---|---|
| deposit | $58,000 | - | - | - | - | - | - | - | - | - | $58,000 |
| remaining balance payment | $121,000 | - | - | - | - | - | - | - | - | - | $121,000 |
| closing cost | $68,000 | - | - | - | - | - | - | - | - | - | $68,000 |
| operating expense | $6,000 | $10,000 | $10,000 | $11,000 | $11,000 | $11,000 | $12,000 | $12,000 | $12,000 | $13,000 | $108,000 |
| mortgage payment | $29,000 | $43,000 | $43,000 | $43,000 | $43,000 | $43,000 | $43,000 | $43,000 | $43,000 | $43,000 | $420,000 |
| total expense investment | $282,000 | $53,000 | $54,000 | $54,000 | $54,000 | $55,000 | $55,000 | $55,000 | $56,000 | $56,000 | $774,000 |
Other
| Category | Y1 | Y2 | Y3 | Y4 | Y5 | Y6 | Y7 | Y8 | Y9 | Y10 | Total |
|---|---|---|---|---|---|---|---|---|---|---|---|
| net gain loss | -$192,771 | $24,000 | $27,000 | $31,000 | $35,000 | $39,000 | $43,000 | $47,000 | $52,000 | $57,000 | $161,000 |
| cumulative roi | $29 | $46 | $59 | $71 | $82 | $92 | $102 | $111 | $119 | $128 | $840 |
House of Assembly
Address: Toronto C01, Ontario
Price Range: $697,000 - $1,461,000
Avail. suites: 15
1—3 bd
489—1222 SqFt