Suite number:
1203 - 1MD
Project:
Address:
Toronto W08, Ontario
Developer:
Marlin Spring Developments
Property type:
condo
Bathrooms:
2
Bedrooms:
2
Size:
587 sqft
Occupancy Date:
Mar 2027
Price, CAD
$758,990
Available
ROI
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Investment Period: 5 years
Yearly Return on Investment in Year 5
21.18%
Cumulative Return on Investment in Year 5
101.20%
Property Price at the End of Year 5
$978,000
Deposit Schedule
$7,500 at Signing
Total up to 5% in 0 days
$37,950
5% in 0 days
$37,950
5% in 60 days
$37,950
5% on Occupancy
$37,950
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 | $39,000 | $42,000 | $44,000 | $46,000 | $48,000 | $51,000 | $53,000 | $56,000 | $59,000 | $62,000 | $501,000 |
| rent income | - | - | $13,000 | $18,000 | $18,000 | $19,000 | $20,000 | $21,000 | $22,000 | $23,000 | $154,000 |
| mortgage principal reduction | - | - | $7,000 | $10,000 | $11,000 | $11,000 | $12,000 | $12,000 | $13,000 | $13,000 | $89,000 |
| deposit interest | $3,000 | $7,000 | $1,000 | - | - | - | - | - | - | - | $11,000 |
| gst hst rebate | - | - | $24,000 | - | - | - | - | - | - | - | $24,000 |
| total income return | $42,000 | $48,000 | $89,000 | $74,000 | $77,000 | $81,000 | $85,000 | $89,000 | $94,000 | $98,000 | $779,000 |
Expense/ Investment
| Category | Y1 | Y2 | Y3 | Y4 | Y5 | Y6 | Y7 | Y8 | Y9 | Y10 | Total |
|---|---|---|---|---|---|---|---|---|---|---|---|
| deposit | $76,000 | $38,000 | $38,000 | - | - | - | - | - | - | - | $152,000 |
| remaining balance payment | - | - | - | - | - | - | - | - | - | - | - |
| closing cost | - | - | $62,000 | - | - | - | - | - | - | - | $62,000 |
| operating expense | - | - | $7,000 | $9,000 | $9,000 | $10,000 | $10,000 | $10,000 | $11,000 | $11,000 | $76,000 |
| mortgage payment | - | - | $28,000 | $37,000 | $37,000 | $37,000 | $37,000 | $37,000 | $37,000 | $37,000 | $286,000 |
| total expense investment | $76,000 | $38,000 | $135,000 | $46,000 | $46,000 | $46,000 | $47,000 | $47,000 | $47,000 | $48,000 | $576,000 |
Other
| Category | Y1 | Y2 | Y3 | Y4 | Y5 | Y6 | Y7 | Y8 | Y9 | Y10 | Total |
|---|---|---|---|---|---|---|---|---|---|---|---|
| net gain loss | -$33,970 | $10,000 | -$45,279 | $28,000 | $31,000 | $35,000 | $38,000 | $42,000 | $46,000 | $51,000 | $202,000 |
| cumulative roi | $55 | $79 | $75 | $89 | $101 | $112 | $123 | $133 | $143 | $153 | $1,000 |
JOYA Condos
Address: Toronto W08, Ontario
Price Range: $460,000 - $1,264,000
Avail. suites: 25
0—3 bd
336—1094 SqFt