Suite number:
208 - 1Z
Project:
Address:
Toronto W08, Ontario
Developer:
Marlin Spring Developments
Property type:
condo
Floor plan:
Bathrooms:
1
Bedrooms:
1
Size:
502 sqft
Occupancy Date:
Mar 2028
Price, CAD
$561,990
Available
ROI
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Investment Period: 5 years
Yearly Return on Investment in Year 5
21.49%
Cumulative Return on Investment in Year 5
105.00%
Property Price at the End of Year 5
$724,000
Deposit Schedule
$7,500 at Signing
Total up to 5% in 30 days
$28,100
5% in 358 days
$28,100
5% in 723 days
$28,100
5% on Occupancy
$28,100
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 | $29,000 | $31,000 | $32,000 | $34,000 | $36,000 | $38,000 | $40,000 | $42,000 | $44,000 | $46,000 | $371,000 |
rent income | - | - | - | $11,000 | $12,000 | $13,000 | $13,000 | $14,000 | $14,000 | $15,000 | $92,000 |
mortgage principal reduction | - | - | - | $6,000 | $7,000 | $8,000 | $8,000 | $8,000 | $9,000 | $9,000 | $55,000 |
deposit interest | $2,000 | $5,000 | $4,000 | $216 | - | - | - | - | - | - | $11,000 |
gst hst rebate | - | - | - | $24,000 | - | - | - | - | - | - | $24,000 |
total income return | $31,000 | $35,000 | $37,000 | $75,000 | $55,000 | $58,000 | $61,000 | $64,000 | $67,000 | $70,000 | $553,000 |
Expense/ Investment
Category | Y1 | Y2 | Y3 | Y4 | Y5 | Y6 | Y7 | Y8 | Y9 | Y10 | Total |
---|---|---|---|---|---|---|---|---|---|---|---|
deposit | $56,000 | $28,000 | - | $28,000 | - | - | - | - | - | - | $112,000 |
remaining balance payment | - | - | - | - | - | - | - | - | - | - | - |
closing cost | - | - | - | $56,000 | - | - | - | - | - | - | $56,000 |
operating expense | - | - | - | $6,000 | $7,000 | $7,000 | $7,000 | $8,000 | $8,000 | $8,000 | $52,000 |
mortgage payment | - | - | - | $26,000 | $28,000 | $28,000 | $28,000 | $28,000 | $28,000 | $28,000 | $195,000 |
total expense investment | $56,000 | $28,000 | - | $116,000 | $35,000 | $35,000 | $36,000 | $36,000 | $36,000 | $36,000 | $415,000 |
Other
Category | Y1 | Y2 | Y3 | Y4 | Y5 | Y6 | Y7 | Y8 | Y9 | Y10 | Total |
---|---|---|---|---|---|---|---|---|---|---|---|
net gain loss | -$25,552 | $7,000 | $37,000 | -$40,883 | $20,000 | $23,000 | $25,000 | $28,000 | $31,000 | $34,000 | $139,000 |
cumulative roi | $55 | $78 | $122 | $94 | $105 | $115 | $124 | $132 | $141 | $149 | $1,000 |
JOYA Condos
Address: Toronto W08, Ontario
Price Range: $460,000 - $1,264,000
Avail. suites: 27
0—3 bd
336—1094 SqFt