Suite number:
413 - 1R
Project:
Address:
Toronto W08, Ontario
Developer:
Marlin Spring Developments
Property type:
condo
Bathrooms:
2
Bedrooms:
2
Size:
585 sqft
Occupancy Date:
Mar 2027
Price, CAD
$687,990
Available
ROI
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Investment Period: 5 years
Yearly Return on Investment in Year 5
21.15%
Cumulative Return on Investment in Year 5
101.97%
Property Price at the End of Year 5
$886,000
Deposit Schedule
$7,500 at Signing
Total up to 5% in 0 days
$34,400
5% in 0 days
$34,400
5% in 60 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 | - | - | $13,000 | $18,000 | $18,000 | $19,000 | $20,000 | $21,000 | $22,000 | $23,000 | $154,000 |
| mortgage principal reduction | - | - | $7,000 | $9,000 | $10,000 | $10,000 | $11,000 | $11,000 | $11,000 | $12,000 | $80,000 |
| deposit interest | $2,000 | $6,000 | $1,000 | - | - | - | - | - | - | - | $10,000 |
| gst hst rebate | - | - | $24,000 | - | - | - | - | - | - | - | $24,000 |
| total income return | $38,000 | $44,000 | $84,000 | $68,000 | $72,000 | $75,000 | $79,000 | $83,000 | $87,000 | $91,000 | $722,000 |
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 | - | - | $59,000 | - | - | - | - | - | - | - | $59,000 |
| operating expense | - | - | $6,000 | $9,000 | $9,000 | $9,000 | $10,000 | $10,000 | $10,000 | $11,000 | $74,000 |
| mortgage payment | - | - | $25,000 | $33,000 | $33,000 | $33,000 | $33,000 | $33,000 | $33,000 | $33,000 | $259,000 |
| total expense investment | $69,000 | $34,000 | $125,000 | $42,000 | $43,000 | $43,000 | $43,000 | $43,000 | $44,000 | $44,000 | $530,000 |
Other
| Category | Y1 | Y2 | Y3 | Y4 | Y5 | Y6 | Y7 | Y8 | Y9 | Y10 | Total |
|---|---|---|---|---|---|---|---|---|---|---|---|
| net gain loss | -$30,787 | $9,000 | -$41,067 | $26,000 | $29,000 | $33,000 | $36,000 | $40,000 | $43,000 | $47,000 | $192,000 |
| cumulative roi | $55 | $79 | $75 | $89 | $102 | $114 | $125 | $135 | $145 | $156 | $1,000 |
JOYA Condos
Address: Toronto W08, Ontario
Price Range: $460,000 - $1,264,000
Avail. suites: 25
0—3 bd
336—1094 SqFt