Suite number:
2A
Project:
Address:
Toronto C01, Ontario
Developer:
Marlin Spring Developments
Property type:
condo
Floor plan:
Bathrooms:
2
Bedrooms:
2
Size:
659 sqft
Occupancy Date:
Mar 2025
Price, CAD
$900,000
Available
ROI
Want to own a unit? —
Investment Period: 5 years
Yearly Return on Investment in Year 5
17.20%
Cumulative Return on Investment in Year 5
83.24%
Property Price at the End of Year 5
$1,159,000
Deposit Schedule
$10,000 at Signing
Total up to 5% in 30 days
$45,000
1.5% on Occupancy
$13,500
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 | $49,000 | $52,000 | $54,000 | $57,000 | $60,000 | $63,000 | $67,000 | $70,000 | $74,000 | $594,000 |
| rent income | $14,000 | $20,000 | $21,000 | $22,000 | $23,000 | $24,000 | $25,000 | $26,000 | $27,000 | $28,000 | $228,000 |
| mortgage principal reduction | $8,000 | $12,000 | $12,000 | $13,000 | $13,000 | $14,000 | $15,000 | $15,000 | $16,000 | $17,000 | $134,000 |
| deposit interest | $233 | - | - | - | - | - | - | - | - | - | $233 |
| gst hst rebate | $24,000 | - | - | - | - | - | - | - | - | - | $24,000 |
| total income return | $94,000 | $81,000 | $85,000 | $89,000 | $93,000 | $98,000 | $103,000 | $108,000 | $113,000 | $119,000 | $980,000 |
Expense/ Investment
| Category | Y1 | Y2 | Y3 | Y4 | Y5 | Y6 | Y7 | Y8 | Y9 | Y10 | Total |
|---|---|---|---|---|---|---|---|---|---|---|---|
| deposit | $59,000 | - | - | - | - | - | - | - | - | - | $59,000 |
| remaining balance payment | $122,000 | - | - | - | - | - | - | - | - | - | $122,000 |
| closing cost | $69,000 | - | - | - | - | - | - | - | - | - | $69,000 |
| operating expense | $7,000 | $10,000 | $10,000 | $11,000 | $11,000 | $11,000 | $11,000 | $12,000 | $12,000 | $12,000 | $107,000 |
| mortgage payment | $34,000 | $45,000 | $45,000 | $45,000 | $45,000 | $45,000 | $45,000 | $45,000 | $45,000 | $45,000 | $439,000 |
| total expense investment | $291,000 | $55,000 | $55,000 | $56,000 | $56,000 | $56,000 | $56,000 | $57,000 | $57,000 | $57,000 | $796,000 |
Other
| Category | Y1 | Y2 | Y3 | Y4 | Y5 | Y6 | Y7 | Y8 | Y9 | Y10 | Total |
|---|---|---|---|---|---|---|---|---|---|---|---|
| net gain loss | -$197,065 | $25,000 | $29,000 | $33,000 | $37,000 | $42,000 | $46,000 | $51,000 | $56,000 | $61,000 | $184,000 |
| cumulative roi | $29 | $45 | $59 | $72 | $83 | $94 | $104 | $114 | $124 | $133 | $857 |
House of Assembly
Address: Toronto C01, Ontario
Price Range: $600,000 - $1,000,000
Avail. suites: 4
1—3 bd
489—1222 SqFt