Suite number:
3A
Project:
Address:
Toronto C01, Ontario
Developer:
Marlin Spring Developments
Property type:
condo
Floor plan:
Bathrooms:
2
Bedrooms:
3
Size:
874 sqft
Occupancy Date:
Mar 2025
Price, CAD
$1,000,000
Available
ROI
Want to own a unit? —
Investment Period: 5 years
Yearly Return on Investment in Year 5
18.85%
Cumulative Return on Investment in Year 5
90.58%
Property Price at the End of Year 5
$1,288,000
Deposit Schedule
$10,000 at Signing
Total up to 5% in 30 days
$50,000
1.5% on Occupancy
$15,000
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 | $52,000 | $55,000 | $58,000 | $61,000 | $64,000 | $67,000 | $70,000 | $74,000 | $78,000 | $82,000 | $660,000 |
| rent income | $23,000 | $32,000 | $33,000 | $34,000 | $36,000 | $37,000 | $39,000 | $41,000 | $42,000 | $44,000 | $360,000 |
| mortgage principal reduction | $9,000 | $13,000 | $13,000 | $14,000 | $15,000 | $15,000 | $16,000 | $17,000 | $18,000 | $19,000 | $149,000 |
| deposit interest | $259 | - | - | - | - | - | - | - | - | - | $259 |
| gst hst rebate | $24,000 | - | - | - | - | - | - | - | - | - | $24,000 |
| total income return | $108,000 | $99,000 | $104,000 | $109,000 | $114,000 | $120,000 | $126,000 | $132,000 | $138,000 | $145,000 | $1,194,000 |
Expense/ Investment
| Category | Y1 | Y2 | Y3 | Y4 | Y5 | Y6 | Y7 | Y8 | Y9 | Y10 | Total |
|---|---|---|---|---|---|---|---|---|---|---|---|
| deposit | $65,000 | - | - | - | - | - | - | - | - | - | $65,000 |
| remaining balance payment | $135,000 | - | - | - | - | - | - | - | - | - | $135,000 |
| closing cost | $73,000 | - | - | - | - | - | - | - | - | - | $73,000 |
| operating expense | $10,000 | $13,000 | $14,000 | $14,000 | $14,000 | $15,000 | $15,000 | $15,000 | $16,000 | $16,000 | $141,000 |
| mortgage payment | $38,000 | $50,000 | $50,000 | $50,000 | $50,000 | $50,000 | $50,000 | $50,000 | $50,000 | $50,000 | $488,000 |
| total expense investment | $321,000 | $63,000 | $64,000 | $64,000 | $64,000 | $65,000 | $65,000 | $65,000 | $66,000 | $66,000 | $903,000 |
Other
| Category | Y1 | Y2 | Y3 | Y4 | Y5 | Y6 | Y7 | Y8 | Y9 | Y10 | Total |
|---|---|---|---|---|---|---|---|---|---|---|---|
| net gain loss | -$212,605 | $36,000 | $40,000 | $45,000 | $50,000 | $55,000 | $61,000 | $66,000 | $72,000 | $79,000 | $291,000 |
| cumulative roi | $29 | $47 | $63 | $77 | $91 | $104 | $116 | $129 | $142 | $154 | $951 |
House of Assembly
Address: Toronto C01, Ontario
Price Range: $600,000 - $1,000,000
Avail. suites: 4
1—3 bd
489—1222 SqFt