Suite number:
1C D
Project:
Address:
Toronto C01, Ontario
Developer:
Marlin Spring Developments
Property type:
condo
Bathrooms:
2
Bedrooms:
1
Size:
596 sqft
Occupancy Date:
Mar 2025
Price, CAD
$799,990
Available
ROI
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Investment Period: 5 years
Yearly Return on Investment in Year 5
17.81%
Cumulative Return on Investment in Year 5
86.37%
Property Price at the End of Year 5
$1,031,000
Deposit Schedule
$10,000 at Signing
Total up to 1.5% in 0 days
$12,000
5% on Occupancy
$30,000
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 | $41,000 | $44,000 | $46,000 | $48,000 | $51,000 | $54,000 | $56,000 | $59,000 | $62,000 | $66,000 | $528,000 |
| rent income | $7,000 | $14,000 | $15,000 | $15,000 | $16,000 | $17,000 | $18,000 | $18,000 | $19,000 | $20,000 | $160,000 |
| mortgage principal reduction | $6,000 | $11,000 | $12,000 | $12,000 | $13,000 | $13,000 | $14,000 | $15,000 | $15,000 | $16,000 | $128,000 |
| deposit interest | $801 | - | - | - | - | - | - | - | - | - | $801 |
| gst hst rebate | $24,000 | - | - | - | - | - | - | - | - | - | $24,000 |
| total income return | $79,000 | $70,000 | $73,000 | $76,000 | $80,000 | $84,000 | $88,000 | $92,000 | $97,000 | $101,000 | $840,000 |
Expense/ Investment
| Category | Y1 | Y2 | Y3 | Y4 | Y5 | Y6 | Y7 | Y8 | Y9 | Y10 | Total |
|---|---|---|---|---|---|---|---|---|---|---|---|
| deposit | $52,000 | - | - | - | - | - | - | - | - | - | $52,000 |
| remaining balance payment | $108,000 | - | - | - | - | - | - | - | - | - | $108,000 |
| closing cost | $64,000 | - | - | - | - | - | - | - | - | - | $64,000 |
| operating expense | $4,000 | $9,000 | $9,000 | $9,000 | $10,000 | $10,000 | $10,000 | $11,000 | $11,000 | $11,000 | $94,000 |
| mortgage payment | $18,000 | $37,000 | $37,000 | $37,000 | $37,000 | $37,000 | $37,000 | $37,000 | $37,000 | $37,000 | $348,000 |
| total expense investment | $247,000 | $45,000 | $46,000 | $46,000 | $46,000 | $47,000 | $47,000 | $47,000 | $48,000 | $48,000 | $666,000 |
Other
| Category | Y1 | Y2 | Y3 | Y4 | Y5 | Y6 | Y7 | Y8 | Y9 | Y10 | Total |
|---|---|---|---|---|---|---|---|---|---|---|---|
| net gain loss | -$167,757 | $24,000 | $27,000 | $30,000 | $34,000 | $37,000 | $41,000 | $45,000 | $49,000 | $54,000 | $174,000 |
| cumulative roi | $30 | $48 | $62 | $75 | $86 | $97 | $107 | $117 | $126 | $135 | $883 |
Well-connected, designed, and integrated, Sterling Junction is on the verge of explosive growth. With 3 condominium ‘houses’ set to take shape in the coming years, Sterling Junction will see the introduction of over 600 residences, 420,000 sqft of in...
Address: Toronto C01, Ontario
Price Range: $697,000 - $1,461,000
Avail. suites: 15
1—3 bd
489—1222 SqFt