Suite number:
1L+D
Project:
Address:
Toronto C01, Ontario
Developer:
Marlin Spring Developments
Property type:
condo
Bathrooms:
2
Bedrooms:
1.5
Size:
678 sqft
Occupancy Date:
Mar 2025
$782,990
Available
Want to own a unit? —
Investment Period: 5 years
Yearly Return on Investment in Year 5
19.00%
Cumulative Return on Investment in Year 5
92.71%
Property Price at the End of Year 5
$1,009,000
Deposit Schedule
$10,000 at Signing
Total up to 1.5% in 0 days
$11,745
5% on Occupancy
$39,150
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 | $47,000 | $50,000 | $52,000 | $55,000 | $58,000 | $61,000 | $64,000 | $517,000 |
rent income | $16,000 | $24,000 | $26,000 | $27,000 | $28,000 | $29,000 | $30,000 | $32,000 | $33,000 | $34,000 | $278,000 |
mortgage principal reduction | $7,000 | $10,000 | $11,000 | $11,000 | $12,000 | $12,000 | $13,000 | $14,000 | $14,000 | $15,000 | $120,000 |
deposit interest | $418 | - | - | - | - | - | - | - | - | - | $418 |
gst hst rebate | $24,000 | - | - | - | - | - | - | - | - | - | $24,000 |
total income return | $88,000 | $78,000 | $81,000 | $85,000 | $90,000 | $94,000 | $98,000 | $103,000 | $108,000 | $113,000 | $939,000 |
Expense/ Investment
Category | Y1 | Y2 | Y3 | Y4 | Y5 | Y6 | Y7 | Y8 | Y9 | Y10 | Total |
---|---|---|---|---|---|---|---|---|---|---|---|
deposit | $51,000 | - | - | - | - | - | - | - | - | - | $51,000 |
remaining balance payment | $106,000 | - | - | - | - | - | - | - | - | - | $106,000 |
closing cost | $63,000 | - | - | - | - | - | - | - | - | - | $63,000 |
operating expense | $7,000 | $10,000 | $11,000 | $11,000 | $11,000 | $12,000 | $12,000 | $13,000 | $13,000 | $13,000 | $113,000 |
mortgage payment | $25,000 | $38,000 | $38,000 | $38,000 | $38,000 | $38,000 | $38,000 | $38,000 | $38,000 | $38,000 | $368,000 |
total expense investment | $252,000 | $48,000 | $49,000 | $49,000 | $49,000 | $50,000 | $50,000 | $51,000 | $51,000 | $51,000 | $701,000 |
Other
Category | Y1 | Y2 | Y3 | Y4 | Y5 | Y6 | Y7 | Y8 | Y9 | Y10 | Total |
---|---|---|---|---|---|---|---|---|---|---|---|
net gain loss | -$164,462 | $29,000 | $33,000 | $36,000 | $40,000 | $44,000 | $48,000 | $53,000 | $57,000 | $62,000 | $238,000 |
cumulative roi | $31 | $48 | $64 | $79 | $93 | $106 | $119 | $131 | $144 | $157 | $973 |
House of Assembly
Address: Toronto C01, Ontario
Price Range: $697,000 - $1,461,000
Avail. suites: 15
1—3 bd
489—1222 SqFt