Suite number:
A1 (Tower I)
Project:
Address:
Toronto, Ontario
Developer:
Marlin Spring Developments
Property type:
condo
Floor plan:
Bathrooms:
1
Bedrooms:
1
Size:
437 sqft
Occupancy Date:
Jan 2027
Price, CAD
$674,990
Available
ROI
Want to own a unit? —
Investment Period: 5 years
Yearly Return on Investment in Year 5
17.72%
Cumulative Return on Investment in Year 5
85.28%
Property Price at the End of Year 5
$870,000
Deposit Schedule
$10,000 at Signing
Total up to 5% in 30 days
$33,750
1% on Occupancy
$6,750
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 | $35,000 | $37,000 | $39,000 | $41,000 | $43,000 | $45,000 | $48,000 | $50,000 | $53,000 | $55,000 | $446,000 |
| rent income | - | $5,000 | $10,000 | $11,000 | $11,000 | $12,000 | $12,000 | $13,000 | $13,000 | $14,000 | $102,000 |
| mortgage principal reduction | - | $4,000 | $9,000 | $9,000 | $9,000 | $10,000 | $10,000 | $11,000 | $11,000 | $12,000 | $85,000 |
| deposit interest | $2,000 | $736 | - | - | - | - | - | - | - | - | $2,000 |
| gst hst rebate | - | $24,000 | - | - | - | - | - | - | - | - | $24,000 |
| total income return | $37,000 | $71,000 | $58,000 | $61,000 | $64,000 | $67,000 | $70,000 | $74,000 | $77,000 | $81,000 | $659,000 |
Expense/ Investment
| Category | Y1 | Y2 | Y3 | Y4 | Y5 | Y6 | Y7 | Y8 | Y9 | Y10 | Total |
|---|---|---|---|---|---|---|---|---|---|---|---|
| deposit | $34,000 | $7,000 | - | - | - | - | - | - | - | - | $40,000 |
| remaining balance payment | - | $94,000 | - | - | - | - | - | - | - | - | $94,000 |
| closing cost | - | $60,000 | - | - | - | - | - | - | - | - | $60,000 |
| operating expense | - | $3,000 | $7,000 | $7,000 | $7,000 | $7,000 | $7,000 | $8,000 | $8,000 | $8,000 | $62,000 |
| mortgage payment | - | $17,000 | $34,000 | $34,000 | $34,000 | $34,000 | $34,000 | $34,000 | $34,000 | $34,000 | $287,000 |
| total expense investment | $34,000 | $182,000 | $41,000 | $41,000 | $41,000 | $41,000 | $41,000 | $41,000 | $42,000 | $42,000 | $545,000 |
Other
| Category | Y1 | Y2 | Y3 | Y4 | Y5 | Y6 | Y7 | Y8 | Y9 | Y10 | Total |
|---|---|---|---|---|---|---|---|---|---|---|---|
| net gain loss | $3,000 | -$111,107 | $17,000 | $20,000 | $23,000 | $26,000 | $29,000 | $32,000 | $36,000 | $39,000 | $114,000 |
| cumulative roi | $109 | $50 | $64 | $75 | $85 | $95 | $103 | $111 | $119 | $127 | $938 |
The Dawes
Address: Toronto, Ontario
Price Range: $661,000 - $1,116,000
Avail. suites: 31
1—3.5 bd
437—1055 SqFt