Suite number:
1005
Project:
Address:
Toronto W07, Ontario
Developer:
Marlin Spring Developments
Property type:
condo
Floor plan:
Bathrooms:
2
Bedrooms:
3
Size:
814 sqft
Occupancy Date:
Jun 2025
Price, CAD
$988,990
Available
ROI
Want to own a unit? —
Investment Period: 5 years
Yearly Return on Investment in Year 5
18.84%
Cumulative Return on Investment in Year 5
89.80%
Property Price at the End of Year 5
$1,274,000
Deposit Schedule
$10,000 at Signing
Total up to 5% in 30 days
$49,450
5% on Occupancy
$49,450
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 | $51,000 | $54,000 | $57,000 | $60,000 | $63,000 | $66,000 | $70,000 | $73,000 | $77,000 | $81,000 | $653,000 |
| rent income | $14,000 | $29,000 | $30,000 | $32,000 | $33,000 | $34,000 | $36,000 | $37,000 | $39,000 | $41,000 | $325,000 |
| mortgage principal reduction | $6,000 | $13,000 | $13,000 | $14,000 | $14,000 | $15,000 | $16,000 | $17,000 | $17,000 | $18,000 | $143,000 |
| deposit interest | -$101 | - | - | - | - | - | - | - | - | - | -$101 |
| gst hst rebate | $24,000 | - | - | - | - | - | - | - | - | - | $24,000 |
| total income return | $95,000 | $96,000 | $100,000 | $105,000 | $110,000 | $116,000 | $121,000 | $127,000 | $134,000 | $140,000 | $1,145,000 |
Expense/ Investment
| Category | Y1 | Y2 | Y3 | Y4 | Y5 | Y6 | Y7 | Y8 | Y9 | Y10 | Total |
|---|---|---|---|---|---|---|---|---|---|---|---|
| deposit | $99,000 | - | - | - | - | - | - | - | - | - | $99,000 |
| remaining balance payment | $99,000 | - | - | - | - | - | - | - | - | - | $99,000 |
| closing cost | $73,000 | - | - | - | - | - | - | - | - | - | $73,000 |
| operating expense | $6,000 | $12,000 | $13,000 | $13,000 | $13,000 | $14,000 | $14,000 | $14,000 | $15,000 | $15,000 | $130,000 |
| mortgage payment | $25,000 | $50,000 | $50,000 | $50,000 | $50,000 | $50,000 | $50,000 | $50,000 | $50,000 | $50,000 | $471,000 |
| total expense investment | $302,000 | $62,000 | $62,000 | $63,000 | $63,000 | $63,000 | $64,000 | $64,000 | $64,000 | $65,000 | $871,000 |
Other
| Category | Y1 | Y2 | Y3 | Y4 | Y5 | Y6 | Y7 | Y8 | Y9 | Y10 | Total |
|---|---|---|---|---|---|---|---|---|---|---|---|
| net gain loss | -$206,319 | $34,000 | $38,000 | $43,000 | $47,000 | $53,000 | $58,000 | $63,000 | $69,000 | $76,000 | $274,000 |
| cumulative roi | $29 | $47 | $62 | $77 | $90 | $102 | $115 | $127 | $139 | $151 | $937 |
Curio Condos
Address: Toronto W07, Ontario
Price Range: $536,000 - $1,112,000
Avail. suites: 25
0—3 bd
440—1054 SqFt