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
23.35%
Cumulative Return on Investment in Year 5
108.36%
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 153 days
$55,700
5% in 518 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 | - | - | $10,000 | $32,000 | $33,000 | $34,000 | $36,000 | $38,000 | $39,000 | $41,000 | $263,000 |
| mortgage principal reduction | - | - | $5,000 | $14,000 | $15,000 | $15,000 | $16,000 | $17,000 | $18,000 | $19,000 | $118,000 |
| deposit interest | $3,000 | $10,000 | $5,000 | - | - | - | - | - | - | - | $19,000 |
| gst hst rebate | - | - | $24,000 | - | - | - | - | - | - | - | $24,000 |
| total income return | $61,000 | $71,000 | $108,000 | $113,000 | $119,000 | $124,000 | $131,000 | $137,000 | $144,000 | $151,000 | $1,159,000 |
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 | - | - | $5,000 | $14,000 | $14,000 | $15,000 | $15,000 | $15,000 | $16,000 | $16,000 | $109,000 |
| mortgage payment | - | - | $19,000 | $56,000 | $56,000 | $56,000 | $56,000 | $56,000 | $56,000 | $56,000 | $409,000 |
| total expense investment | $111,000 | $56,000 | $157,000 | $70,000 | $70,000 | $70,000 | $71,000 | $71,000 | $71,000 | $72,000 | $819,000 |
Other
| Category | Y1 | Y2 | Y3 | Y4 | Y5 | Y6 | Y7 | Y8 | Y9 | Y10 | Total |
|---|---|---|---|---|---|---|---|---|---|---|---|
| net gain loss | -$50,202 | $16,000 | -$48,761 | $43,000 | $49,000 | $54,000 | $60,000 | $66,000 | $72,000 | $79,000 | $340,000 |
| cumulative roi | $55 | $79 | $79 | $95 | $108 | $121 | $133 | $145 | $156 | $168 | $1,000 |
JOYA Condos
Address: Toronto W08, Ontario
Price Range: $460,000 - $1,245,000
Avail. suites: 21
0—3 bd
336—1094 SqFt