Suite number:
A4 (Tower I)
Project:
Address:
Toronto, Ontario
Developer:
Marlin Spring Developments
Property type:
condo
Floor plan:
Bathrooms:
1
Bedrooms:
1
Size:
476 sqft
Occupancy Date:
Jan 2027
Price, CAD
$728,990
Available
ROI
Want to own a unit? —
Investment Period: 5 years
Yearly Return on Investment in Year 5
17.88%
Cumulative Return on Investment in Year 5
85.45%
Property Price at the End of Year 5
$939,000
Deposit Schedule
$10,000 at Signing
Total up to 5% in 30 days
$36,450
1% on Occupancy
$7,290
Net Gain (Loss)
Get Expert Advice
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 | $38,000 | $40,000 | $42,000 | $44,000 | $46,000 | $49,000 | $51,000 | $54,000 | $57,000 | $60,000 | $481,000 |
rent income | - | $6,000 | $11,000 | $12,000 | $12,000 | $13,000 | $13,000 | $14,000 | $15,000 | $15,000 | $111,000 |
mortgage principal reduction | - | $4,000 | $9,000 | $10,000 | $10,000 | $11,000 | $11,000 | $12,000 | $12,000 | $13,000 | $92,000 |
deposit interest | $2,000 | $795 | - | - | - | - | - | - | - | - | $3,000 |
gst hst rebate | - | $24,000 | - | - | - | - | - | - | - | - | $24,000 |
total income return | $40,000 | $75,000 | $62,000 | $66,000 | $69,000 | $72,000 | $76,000 | $80,000 | $84,000 | $88,000 | $711,000 |
Expense/ Investment
Category | Y1 | Y2 | Y3 | Y4 | Y5 | Y6 | Y7 | Y8 | Y9 | Y10 | Total |
---|---|---|---|---|---|---|---|---|---|---|---|
deposit | $36,000 | $7,000 | - | - | - | - | - | - | - | - | $44,000 |
remaining balance payment | - | $102,000 | - | - | - | - | - | - | - | - | $102,000 |
closing cost | - | $63,000 | - | - | - | - | - | - | - | - | $63,000 |
operating expense | - | $4,000 | $7,000 | $8,000 | $8,000 | $8,000 | $8,000 | $8,000 | $8,000 | $9,000 | $68,000 |
mortgage payment | - | $18,000 | $37,000 | $37,000 | $37,000 | $37,000 | $37,000 | $37,000 | $37,000 | $37,000 | $310,000 |
total expense investment | $36,000 | $194,000 | $44,000 | $44,000 | $44,000 | $44,000 | $45,000 | $45,000 | $45,000 | $45,000 | $586,000 |
Other
Category | Y1 | Y2 | Y3 | Y4 | Y5 | Y6 | Y7 | Y8 | Y9 | Y10 | Total |
---|---|---|---|---|---|---|---|---|---|---|---|
net gain loss | $3,000 | -$119,215 | $19,000 | $22,000 | $25,000 | $28,000 | $31,000 | $35,000 | $39,000 | $43,000 | $124,000 |
cumulative roi | $109 | $50 | $63 | $75 | $85 | $95 | $103 | $112 | $120 | $128 | $940 |
The Dawes
Address: Toronto, Ontario
Price Range: $661,000 - $1,116,000
Avail. suites: 31
1—3.5 bd
437—1055 SqFt