Suite number:
413 - 1R
Project:
Address:
Toronto W08, Ontario
Developer:
Marlin Spring Developments
Property type:
condo
Floor plan:
Bathrooms:
2
Bedrooms:
2
Size:
585 sqft
Occupancy Date:
Mar 2028
Price, CAD
$687,990
Available
ROI
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Investment Period: 5 years
Yearly Return on Investment in Year 5
22.65%
Cumulative Return on Investment in Year 5
108.37%
Property Price at the End of Year 5
$886,000
Deposit Schedule
$7,500 at Signing
Total up to 5% in 30 days
$34,400
5% in 358 days
$34,400
5% in 723 days
$34,400
5% on Occupancy
$34,400
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 | $36,000 | $38,000 | $40,000 | $42,000 | $44,000 | $46,000 | $48,000 | $51,000 | $54,000 | $56,000 | $454,000 |
| rent income | - | - | - | $16,000 | $18,000 | $19,000 | $19,000 | $20,000 | $21,000 | $22,000 | $135,000 |
| mortgage principal reduction | - | - | - | $8,000 | $9,000 | $9,000 | $10,000 | $10,000 | $11,000 | $11,000 | $68,000 |
| deposit interest | $2,000 | $6,000 | $5,000 | $265 | - | - | - | - | - | - | $13,000 |
| gst hst rebate | - | - | - | $24,000 | - | - | - | - | - | - | $24,000 |
| total income return | $38,000 | $43,000 | $45,000 | $89,000 | $70,000 | $74,000 | $78,000 | $81,000 | $85,000 | $90,000 | $693,000 |
Expense/ Investment
| Category | Y1 | Y2 | Y3 | Y4 | Y5 | Y6 | Y7 | Y8 | Y9 | Y10 | Total |
|---|---|---|---|---|---|---|---|---|---|---|---|
| deposit | $69,000 | $34,000 | - | $34,000 | - | - | - | - | - | - | $138,000 |
| remaining balance payment | - | - | - | - | - | - | - | - | - | - | - |
| closing cost | - | - | - | $61,000 | - | - | - | - | - | - | $61,000 |
| operating expense | - | - | - | $8,000 | $9,000 | $9,000 | $9,000 | $9,000 | $10,000 | $10,000 | $63,000 |
| mortgage payment | - | - | - | $32,000 | $34,000 | $34,000 | $34,000 | $34,000 | $34,000 | $34,000 | $238,000 |
| total expense investment | $69,000 | $34,000 | - | $135,000 | $43,000 | $43,000 | $44,000 | $44,000 | $44,000 | $44,000 | $500,000 |
Other
| Category | Y1 | Y2 | Y3 | Y4 | Y5 | Y6 | Y7 | Y8 | Y9 | Y10 | Total |
|---|---|---|---|---|---|---|---|---|---|---|---|
| net gain loss | -$31,288 | $9,000 | $45,000 | -$45,430 | $27,000 | $31,000 | $34,000 | $38,000 | $41,000 | $45,000 | $193,000 |
| cumulative roi | $55 | $78 | $122 | $96 | $108 | $119 | $130 | $140 | $150 | $159 | $1,000 |
JOYA Condos
Address: Toronto W08, Ontario
Price Range: $460,000 - $1,264,000
Avail. suites: 27
0—3 bd
336—1094 SqFt