Suite number:
315
Project:
Address:
Toronto W07, Ontario
Developer:
Marlin Spring Developments
Property type:
condo
Floor plan:
Bathrooms:
2
Bedrooms:
2
Size:
689 sqft
Occupancy Date:
Jun 2025
Price, CAD
$805,990
Available
ROI
Want to own a unit? —
Investment Period: 5 years
Yearly Return on Investment in Year 5
17.77%
Cumulative Return on Investment in Year 5
85.95%
Property Price at the End of Year 5
$1,038,000
Deposit Schedule
$10,000 at Signing
Total up to 5% in 30 days
$40,300
5% on Occupancy
$40,300
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 | $42,000 | $44,000 | $46,000 | $49,000 | $51,000 | $54,000 | $57,000 | $60,000 | $63,000 | $66,000 | $532,000 |
rent income | $10,000 | $21,000 | $21,000 | $22,000 | $23,000 | $24,000 | $25,000 | $27,000 | $28,000 | $29,000 | $231,000 |
mortgage principal reduction | $5,000 | $10,000 | $11,000 | $11,000 | $12,000 | $12,000 | $13,000 | $14,000 | $14,000 | $15,000 | $117,000 |
deposit interest | -$82 | - | - | - | - | - | - | - | - | - | -$82 |
gst hst rebate | $24,000 | - | - | - | - | - | - | - | - | - | $24,000 |
total income return | $81,000 | $75,000 | $79,000 | $82,000 | $86,000 | $91,000 | $95,000 | $100,000 | $105,000 | $110,000 | $903,000 |
Expense/ Investment
Category | Y1 | Y2 | Y3 | Y4 | Y5 | Y6 | Y7 | Y8 | Y9 | Y10 | Total |
---|---|---|---|---|---|---|---|---|---|---|---|
deposit | $81,000 | - | - | - | - | - | - | - | - | - | $81,000 |
remaining balance payment | $81,000 | - | - | - | - | - | - | - | - | - | $81,000 |
closing cost | $66,000 | - | - | - | - | - | - | - | - | - | $66,000 |
operating expense | $5,000 | $10,000 | $10,000 | $11,000 | $11,000 | $11,000 | $11,000 | $12,000 | $12,000 | $12,000 | $105,000 |
mortgage payment | $20,000 | $40,000 | $40,000 | $40,000 | $40,000 | $40,000 | $40,000 | $40,000 | $40,000 | $40,000 | $383,000 |
total expense investment | $252,000 | $50,000 | $51,000 | $51,000 | $51,000 | $51,000 | $52,000 | $52,000 | $52,000 | $52,000 | $715,000 |
Other
Category | Y1 | Y2 | Y3 | Y4 | Y5 | Y6 | Y7 | Y8 | Y9 | Y10 | Total |
---|---|---|---|---|---|---|---|---|---|---|---|
net gain loss | -$171,358 | $24,000 | $28,000 | $31,000 | $35,000 | $39,000 | $43,000 | $48,000 | $52,000 | $57,000 | $188,000 |
cumulative roi | $30 | $46 | $61 | $74 | $86 | $97 | $108 | $119 | $129 | $140 | $889 |
Curio Condos
Address: Toronto W07, Ontario
Price Range: $536,000 - $1,112,000
Avail. suites: 25
0—3 bd
440—1054 SqFt