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
22.83%
Cumulative Return on Investment in Year 5
106.69%
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 126 days
$55,700
5% in 491 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 | - | - | $18,000 | $32,000 | $33,000 | $35,000 | $36,000 | $38,000 | $40,000 | $41,000 | $274,000 |
| mortgage principal reduction | - | - | $8,000 | $14,000 | $15,000 | $16,000 | $16,000 | $17,000 | $18,000 | $19,000 | $123,000 |
| deposit interest | $4,000 | $11,000 | $3,000 | - | - | - | - | - | - | - | $19,000 |
| gst hst rebate | - | - | $24,000 | - | - | - | - | - | - | - | $24,000 |
| total income return | $62,000 | $72,000 | $118,000 | $114,000 | $119,000 | $125,000 | $131,000 | $138,000 | $144,000 | $151,000 | $1,174,000 |
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 | - | - | $8,000 | $14,000 | $14,000 | $15,000 | $15,000 | $15,000 | $16,000 | $16,000 | $113,000 |
| mortgage payment | - | - | $33,000 | $56,000 | $56,000 | $56,000 | $56,000 | $56,000 | $56,000 | $56,000 | $423,000 |
| total expense investment | $111,000 | $56,000 | $174,000 | $70,000 | $70,000 | $70,000 | $71,000 | $71,000 | $71,000 | $72,000 | $837,000 |
Other
| Category | Y1 | Y2 | Y3 | Y4 | Y5 | Y6 | Y7 | Y8 | Y9 | Y10 | Total |
|---|---|---|---|---|---|---|---|---|---|---|---|
| net gain loss | -$49,166 | $16,000 | -$56,727 | $44,000 | $49,000 | $55,000 | $60,000 | $67,000 | $73,000 | $80,000 | $337,000 |
| cumulative roi | $56 | $80 | $77 | $93 | $107 | $119 | $131 | $143 | $155 | $166 | $1,000 |
JOYA Condos
Address: Toronto W08, Ontario
Price Range: $460,000 - $1,245,000
Avail. suites: 21
0—3 bd
336—1094 SqFt