Suite number:
216 - 2J
Project:
Address:
Toronto W08, Ontario
Developer:
Marlin Spring Developments
Property type:
condo
Floor plan:
Bathrooms:
2
Bedrooms:
2
Size:
701 sqft
Occupancy Date:
Mar 2028
Price, CAD
$792,990
Available
ROI
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Investment Period: 5 years
Yearly Return on Investment in Year 5
22.12%
Cumulative Return on Investment in Year 5
105.16%
Property Price at the End of Year 5
$1,022,000
Deposit Schedule
$7,500 at Signing
Total up to 5% in 30 days
$39,650
5% in 153 days
$39,650
5% in 518 days
$39,650
5% on Occupancy
$39,650
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 | $41,000 | $43,000 | $46,000 | $48,000 | $51,000 | $53,000 | $56,000 | $59,000 | $62,000 | $65,000 | $524,000 |
| rent income | - | - | $7,000 | $21,000 | $22,000 | $23,000 | $24,000 | $25,000 | $26,000 | $27,000 | $173,000 |
| mortgage principal reduction | - | - | $3,000 | $10,000 | $10,000 | $11,000 | $11,000 | $12,000 | $13,000 | $13,000 | $84,000 |
| deposit interest | $2,000 | $7,000 | $4,000 | - | - | - | - | - | - | - | $13,000 |
| gst hst rebate | - | - | $24,000 | - | - | - | - | - | - | - | $24,000 |
| total income return | $44,000 | $51,000 | $83,000 | $79,000 | $83,000 | $87,000 | $91,000 | $95,000 | $100,000 | $105,000 | $817,000 |
Expense/ Investment
| Category | Y1 | Y2 | Y3 | Y4 | Y5 | Y6 | Y7 | Y8 | Y9 | Y10 | Total |
|---|---|---|---|---|---|---|---|---|---|---|---|
| deposit | $79,000 | $40,000 | $40,000 | - | - | - | - | - | - | - | $159,000 |
| remaining balance payment | - | - | - | - | - | - | - | - | - | - | - |
| closing cost | - | - | $65,000 | - | - | - | - | - | - | - | $65,000 |
| operating expense | - | - | $3,000 | $10,000 | $10,000 | $11,000 | $11,000 | $11,000 | $11,000 | $12,000 | $80,000 |
| mortgage payment | - | - | $13,000 | $40,000 | $40,000 | $40,000 | $40,000 | $40,000 | $40,000 | $40,000 | $291,000 |
| total expense investment | $79,000 | $40,000 | $121,000 | $50,000 | $50,000 | $50,000 | $51,000 | $51,000 | $51,000 | $51,000 | $595,000 |
Other
| Category | Y1 | Y2 | Y3 | Y4 | Y5 | Y6 | Y7 | Y8 | Y9 | Y10 | Total |
|---|---|---|---|---|---|---|---|---|---|---|---|
| net gain loss | -$35,736 | $11,000 | -$38,136 | $29,000 | $32,000 | $36,000 | $40,000 | $45,000 | $49,000 | $54,000 | $222,000 |
| cumulative roi | $55 | $79 | $78 | $93 | $105 | $117 | $127 | $138 | $148 | $158 | $1,000 |
JOYA Condos
Address: Toronto W08, Ontario
Price Range: $460,000 - $1,245,000
Avail. suites: 21
0—3 bd
336—1094 SqFt