Suite number:
1H+D *Terrace Suite*
Project:
Address:
Toronto C01, Ontario
Developer:
Marlin Spring Developments
Property type:
condo
Bathrooms:
2
Bedrooms:
1
Size:
625 sqft
Occupancy Date:
Mar 2025
$852,990
Available
Want to own a unit? —
Investment Period: 5 years
Yearly Return on Investment in Year 5
16.92%
Cumulative Return on Investment in Year 5
82.00%
Property Price at the End of Year 5
$1,099,000
Deposit Schedule
$10,000 at Signing
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 | $44,000 | $47,000 | $49,000 | $52,000 | $54,000 | $57,000 | $60,000 | $63,000 | $67,000 | $70,000 | $563,000 |
rent income | $10,000 | $15,000 | $16,000 | $16,000 | $17,000 | $18,000 | $19,000 | $19,000 | $20,000 | $21,000 | $171,000 |
mortgage principal reduction | $7,000 | $11,000 | $12,000 | $12,000 | $13,000 | $14,000 | $14,000 | $15,000 | $16,000 | $16,000 | $130,000 |
deposit interest | $452 | - | - | - | - | - | - | - | - | - | $452 |
gst hst rebate | $24,000 | - | - | - | - | - | - | - | - | - | $24,000 |
total income return | $86,000 | $73,000 | $77,000 | $80,000 | $84,000 | $89,000 | $93,000 | $97,000 | $102,000 | $107,000 | $889,000 |
Expense/ Investment
Category | Y1 | Y2 | Y3 | Y4 | Y5 | Y6 | Y7 | Y8 | Y9 | Y10 | Total |
---|---|---|---|---|---|---|---|---|---|---|---|
deposit | $55,000 | - | - | - | - | - | - | - | - | - | $55,000 |
remaining balance payment | $115,000 | - | - | - | - | - | - | - | - | - | $115,000 |
closing cost | $66,000 | - | - | - | - | - | - | - | - | - | $66,000 |
operating expense | $6,000 | $9,000 | $10,000 | $10,000 | $10,000 | $10,000 | $11,000 | $11,000 | $12,000 | $12,000 | $101,000 |
mortgage payment | $28,000 | $41,000 | $41,000 | $41,000 | $41,000 | $41,000 | $41,000 | $41,000 | $41,000 | $41,000 | $401,000 |
total expense investment | $270,000 | $51,000 | $51,000 | $51,000 | $52,000 | $52,000 | $52,000 | $53,000 | $53,000 | $53,000 | $739,000 |
Other
Category | Y1 | Y2 | Y3 | Y4 | Y5 | Y6 | Y7 | Y8 | Y9 | Y10 | Total |
---|---|---|---|---|---|---|---|---|---|---|---|
net gain loss | -$184,670 | $22,000 | $26,000 | $29,000 | $33,000 | $37,000 | $41,000 | $45,000 | $49,000 | $54,000 | $150,000 |
cumulative roi | $30 | $46 | $59 | $71 | $82 | $92 | $101 | $110 | $119 | $127 | $837 |
House of Assembly
Address: Toronto C01, Ontario
Price Range: $697,000 - $1,461,000
Avail. suites: 15
1—3 bd
489—1222 SqFt