Suite number:
316 - 2Z
Project:
Address:
Toronto W08, Ontario
Developer:
Marlin Spring Developments
Property type:
condo
Bathrooms:
2
Bedrooms:
2
Size:
739 sqft
Occupancy Date:
Mar 2027
Price, CAD
$790,990
Available
ROI
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Investment Period: 5 years
Yearly Return on Investment in Year 5
21.76%
Cumulative Return on Investment in Year 5
103.64%
Property Price at the End of Year 5
$1,019,000
Deposit Schedule
$7,500 at Signing
Total up to 5% in 0 days
$39,550
5% in 0 days
$39,550
5% in 60 days
$39,550
5% on Occupancy
$39,550
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 | $43,000 | $46,000 | $48,000 | $50,000 | $53,000 | $56,000 | $59,000 | $62,000 | $65,000 | $522,000 |
| rent income | - | - | $16,000 | $22,000 | $23,000 | $24,000 | $25,000 | $26,000 | $28,000 | $29,000 | $194,000 |
| mortgage principal reduction | - | - | $8,000 | $11,000 | $11,000 | $12,000 | $12,000 | $13,000 | $13,000 | $14,000 | $93,000 |
| deposit interest | $3,000 | $7,000 | $1,000 | - | - | - | - | - | - | - | $11,000 |
| gst hst rebate | - | - | $24,000 | - | - | - | - | - | - | - | $24,000 |
| total income return | $44,000 | $50,000 | $95,000 | $81,000 | $85,000 | $89,000 | $93,000 | $98,000 | $102,000 | $107,000 | $844,000 |
Expense/ Investment
| Category | Y1 | Y2 | Y3 | Y4 | Y5 | Y6 | Y7 | Y8 | Y9 | Y10 | Total |
|---|---|---|---|---|---|---|---|---|---|---|---|
| deposit | $79,000 | $40,000 | $40,000 | - | - | - | - | - | - | - | $158,000 |
| remaining balance payment | - | - | - | - | - | - | - | - | - | - | - |
| closing cost | - | - | $64,000 | - | - | - | - | - | - | - | $64,000 |
| operating expense | - | - | $8,000 | $11,000 | $11,000 | $12,000 | $12,000 | $12,000 | $13,000 | $13,000 | $91,000 |
| mortgage payment | - | - | $29,000 | $38,000 | $38,000 | $38,000 | $38,000 | $38,000 | $38,000 | $38,000 | $298,000 |
| total expense investment | $79,000 | $40,000 | $140,000 | $49,000 | $50,000 | $50,000 | $50,000 | $51,000 | $51,000 | $52,000 | $611,000 |
Other
| Category | Y1 | Y2 | Y3 | Y4 | Y5 | Y6 | Y7 | Y8 | Y9 | Y10 | Total |
|---|---|---|---|---|---|---|---|---|---|---|---|
| net gain loss | -$35,405 | $11,000 | -$45,121 | $31,000 | $35,000 | $39,000 | $43,000 | $47,000 | $51,000 | $56,000 | $233,000 |
| cumulative roi | $55 | $79 | $75 | $90 | $104 | $116 | $128 | $139 | $150 | $161 | $1,000 |
JOYA Condos
Address: Toronto W08, Ontario
Price Range: $460,000 - $1,264,000
Avail. suites: 25
0—3 bd
336—1094 SqFt