Suite number:
414 - 3C-T
Project:
Address:
Toronto W08, Ontario
Developer:
Marlin Spring Developments
Property type:
condo
Floor plan:
Bathrooms:
2
Bedrooms:
3
Size:
895 sqft
Occupancy Date:
Mar 2028
Price, CAD
$1,113,990
Available
ROI
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Investment Period: 5 years
Yearly Return on Investment in Year 5
24.44%
Cumulative Return on Investment in Year 5
112.65%
Property Price at the End of Year 5
$1,435,000
Deposit Schedule
$7,500 at Signing
Total up to 5% in 30 days
$55,700
5% in 358 days
$55,700
5% in 723 days
$55,700
5% on Occupancy
$55,700
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 | $58,000 | $61,000 | $64,000 | $67,000 | $71,000 | $75,000 | $79,000 | $83,000 | $87,000 | $91,000 | $735,000 |
rent income | - | - | - | $29,000 | $32,000 | $34,000 | $35,000 | $37,000 | $38,000 | $40,000 | $246,000 |
mortgage principal reduction | - | - | - | $13,000 | $14,000 | $15,000 | $16,000 | $17,000 | $17,000 | $18,000 | $110,000 |
deposit interest | $3,000 | $9,000 | $9,000 | $429 | - | - | - | - | - | - | $21,000 |
gst hst rebate | - | - | - | $24,000 | - | - | - | - | - | - | $24,000 |
total income return | $61,000 | $70,000 | $73,000 | $133,000 | $118,000 | $124,000 | $130,000 | $136,000 | $143,000 | $150,000 | $1,136,000 |
Expense/ Investment
Category | Y1 | Y2 | Y3 | Y4 | Y5 | Y6 | Y7 | Y8 | Y9 | Y10 | Total |
---|---|---|---|---|---|---|---|---|---|---|---|
deposit | $111,000 | $56,000 | - | $56,000 | - | - | - | - | - | - | $223,000 |
remaining balance payment | - | - | - | - | - | - | - | - | - | - | - |
closing cost | - | - | - | $78,000 | - | - | - | - | - | - | $78,000 |
operating expense | - | - | - | $13,000 | $14,000 | $14,000 | $15,000 | $15,000 | $15,000 | $16,000 | $102,000 |
mortgage payment | - | - | - | $51,000 | $56,000 | $56,000 | $56,000 | $56,000 | $56,000 | $56,000 | $386,000 |
total expense investment | $111,000 | $56,000 | - | $197,000 | $70,000 | $70,000 | $71,000 | $71,000 | $71,000 | $72,000 | $789,000 |
Other
Category | Y1 | Y2 | Y3 | Y4 | Y5 | Y6 | Y7 | Y8 | Y9 | Y10 | Total |
---|---|---|---|---|---|---|---|---|---|---|---|
net gain loss | -$50,680 | $14,000 | $73,000 | -$64,369 | $48,000 | $53,000 | $59,000 | $65,000 | $71,000 | $78,000 | $347,000 |
cumulative roi | $55 | $78 | $122 | $99 | $113 | $125 | $137 | $149 | $160 | $172 | $1,000 |
JOYA Condos
Address: Toronto W08, Ontario
Price Range: $460,000 - $1,264,000
Avail. suites: 27
0—3 bd
336—1094 SqFt