Suite number:
1005
Project:
Address:
Toronto W07, Ontario
Developer:
Marlin Spring Developments
Property type:
condo
Bathrooms:
2
Bedrooms:
3
Size:
814 sqft
Occupancy Date:
Jun 2025
$988,990
Available
Want to own a unit? —
Investment Period: 5 years
Yearly Return on Investment in Year 5
19.48%
Cumulative Return on Investment in Year 5
92.91%
Property Price at the End of Year 5
$1,274,000
Deposit Schedule
$10,000 at Signing
Total up to 5% in 0 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 | $12,000 | $29,000 | $30,000 | $32,000 | $33,000 | $34,000 | $36,000 | $37,000 | $39,000 | $41,000 | $323,000 |
mortgage principal reduction | $5,000 | $13,000 | $14,000 | $14,000 | $15,000 | $16,000 | $16,000 | $17,000 | $18,000 | $19,000 | $146,000 |
deposit interest | $1,000 | - | - | - | - | - | - | - | - | - | $1,000 |
gst hst rebate | $24,000 | - | - | - | - | - | - | - | - | - | $24,000 |
total income return | $94,000 | $96,000 | $101,000 | $106,000 | $111,000 | $116,000 | $122,000 | $128,000 | $134,000 | $141,000 | $1,148,000 |
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 | $72,000 | - | - | - | - | - | - | - | - | - | $72,000 |
operating expense | $5,000 | $13,000 | $13,000 | $13,000 | $14,000 | $14,000 | $15,000 | $15,000 | $16,000 | $16,000 | $133,000 |
mortgage payment | $20,000 | $48,000 | $48,000 | $48,000 | $48,000 | $48,000 | $48,000 | $48,000 | $48,000 | $48,000 | $453,000 |
total expense investment | $294,000 | $61,000 | $61,000 | $61,000 | $62,000 | $62,000 | $63,000 | $63,000 | $64,000 | $64,000 | $856,000 |
Other
Category | Y1 | Y2 | Y3 | Y4 | Y5 | Y6 | Y7 | Y8 | Y9 | Y10 | Total |
---|---|---|---|---|---|---|---|---|---|---|---|
net gain loss | -$200,887 | $36,000 | $40,000 | $44,000 | $49,000 | $54,000 | $59,000 | $65,000 | $70,000 | $76,000 | $292,000 |
cumulative roi | $29 | $48 | $64 | $79 | $93 | $106 | $119 | $131 | $144 | $156 | $969 |
Curio Condos
Address: Toronto W07, Ontario
Price Range: $536,000 - $1,112,000
Avail. suites: 25
0—3 bd
440—1054 SqFt