Suite number:
1004
Project:
Address:
Toronto W07, Ontario
Developer:
Marlin Spring Developments
Property type:
condo
Bathrooms:
1
Bedrooms:
0
Size:
440 sqft
Occupancy Date:
Jun 2025
$535,990
Available
Want to own a unit? —
Investment Period: 5 years
Yearly Return on Investment in Year 5
15.98%
Cumulative Return on Investment in Year 5
80.35%
Property Price at the End of Year 5
$691,000
Deposit Schedule
$10,000 at Signing
Total up to 5% in 0 days
$26,800
5% on Occupancy
$26,800
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 | $28,000 | $29,000 | $31,000 | $32,000 | $34,000 | $36,000 | $38,000 | $40,000 | $42,000 | $44,000 | $354,000 |
rent income | $3,000 | $8,000 | $8,000 | $9,000 | $9,000 | $9,000 | $10,000 | $10,000 | $11,000 | $11,000 | $87,000 |
mortgage principal reduction | $3,000 | $7,000 | $7,000 | $8,000 | $8,000 | $8,000 | $9,000 | $9,000 | $10,000 | $10,000 | $79,000 |
deposit interest | $655 | - | - | - | - | - | - | - | - | - | $655 |
gst hst rebate | $24,000 | - | - | - | - | - | - | - | - | - | $24,000 |
total income return | $59,000 | $44,000 | $46,000 | $49,000 | $51,000 | $54,000 | $56,000 | $59,000 | $62,000 | $65,000 | $545,000 |
Expense/ Investment
Category | Y1 | Y2 | Y3 | Y4 | Y5 | Y6 | Y7 | Y8 | Y9 | Y10 | Total |
---|---|---|---|---|---|---|---|---|---|---|---|
deposit | $54,000 | - | - | - | - | - | - | - | - | - | $54,000 |
remaining balance payment | $54,000 | - | - | - | - | - | - | - | - | - | $54,000 |
closing cost | $53,000 | - | - | - | - | - | - | - | - | - | $53,000 |
operating expense | $2,000 | $6,000 | $6,000 | $6,000 | $7,000 | $7,000 | $7,000 | $7,000 | $7,000 | $8,000 | $64,000 |
mortgage payment | $11,000 | $26,000 | $26,000 | $26,000 | $26,000 | $26,000 | $26,000 | $26,000 | $26,000 | $26,000 | $246,000 |
total expense investment | $174,000 | $32,000 | $32,000 | $32,000 | $33,000 | $33,000 | $33,000 | $33,000 | $34,000 | $34,000 | $470,000 |
Other
Category | Y1 | Y2 | Y3 | Y4 | Y5 | Y6 | Y7 | Y8 | Y9 | Y10 | Total |
---|---|---|---|---|---|---|---|---|---|---|---|
net gain loss | -$115,426 | $12,000 | $14,000 | $16,000 | $18,000 | $21,000 | $23,000 | $26,000 | $28,000 | $31,000 | $75,000 |
cumulative roi | $33 | $48 | $60 | $71 | $80 | $89 | $97 | $105 | $113 | $120 | $817 |
Curio Condos
Address: Toronto W07, Ontario
Price Range: $536,000 - $1,112,000
Avail. suites: 25
0—3 bd
440—1054 SqFt