Suite number:
1J+D
Project:
Address:
Toronto C01, Ontario
Developer:
Marlin Spring Developments
Property type:
condo
Bathrooms:
2
Bedrooms:
1
Size:
662 sqft
Occupancy Date:
Mar 2025
$913,990
Available
Want to own a unit? —
Investment Period: 5 years
Yearly Return on Investment in Year 5
16.99%
Cumulative Return on Investment in Year 5
81.94%
Property Price at the End of Year 5
$1,177,000
Deposit Schedule
$10,000 at Signing
Total up to 1.5% in 0 days
$13,710
5% on Occupancy
$45,700
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 | $47,000 | $50,000 | $53,000 | $55,000 | $58,000 | $61,000 | $64,000 | $68,000 | $71,000 | $75,000 | $603,000 |
rent income | $10,000 | $16,000 | $17,000 | $17,000 | $18,000 | $19,000 | $20,000 | $21,000 | $21,000 | $22,000 | $181,000 |
mortgage principal reduction | $8,000 | $12,000 | $13,000 | $13,000 | $14,000 | $15,000 | $15,000 | $16,000 | $17,000 | $17,000 | $140,000 |
deposit interest | $481 | - | - | - | - | - | - | - | - | - | $481 |
gst hst rebate | $24,000 | - | - | - | - | - | - | - | - | - | $24,000 |
total income return | $90,000 | $78,000 | $82,000 | $86,000 | $90,000 | $95,000 | $99,000 | $104,000 | $109,000 | $115,000 | $948,000 |
Expense/ Investment
Category | Y1 | Y2 | Y3 | Y4 | Y5 | Y6 | Y7 | Y8 | Y9 | Y10 | Total |
---|---|---|---|---|---|---|---|---|---|---|---|
deposit | $59,000 | - | - | - | - | - | - | - | - | - | $59,000 |
remaining balance payment | $123,000 | - | - | - | - | - | - | - | - | - | $123,000 |
closing cost | $69,000 | - | - | - | - | - | - | - | - | - | $69,000 |
operating expense | $6,000 | $10,000 | $10,000 | $10,000 | $11,000 | $11,000 | $11,000 | $12,000 | $12,000 | $13,000 | $107,000 |
mortgage payment | $30,000 | $44,000 | $44,000 | $44,000 | $44,000 | $44,000 | $44,000 | $44,000 | $44,000 | $44,000 | $430,000 |
total expense investment | $287,000 | $54,000 | $55,000 | $55,000 | $55,000 | $56,000 | $56,000 | $56,000 | $57,000 | $57,000 | $788,000 |
Other
Category | Y1 | Y2 | Y3 | Y4 | Y5 | Y6 | Y7 | Y8 | Y9 | Y10 | Total |
---|---|---|---|---|---|---|---|---|---|---|---|
net gain loss | -$197,377 | $24,000 | $27,000 | $31,000 | $35,000 | $39,000 | $43,000 | $48,000 | $53,000 | $58,000 | $160,000 |
cumulative roi | $29 | $45 | $59 | $71 | $82 | $92 | $101 | $110 | $119 | $127 | $836 |
House of Assembly
Address: Toronto C01, Ontario
Price Range: $697,000 - $1,461,000
Avail. suites: 15
1—3 bd
489—1222 SqFt