Suite number:
1021 - 1ABD
Project:
Address:
Toronto W08, Ontario
Developer:
Marlin Spring Developments
Property type:
condo
Floor plan:
Bathrooms:
1
Bedrooms:
1.5
Size:
507 sqft
Occupancy Date:
Mar 2028
Price, CAD
$696,990
Available
ROI
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Investment Period: 5 years
Yearly Return on Investment in Year 5
21.40%
Cumulative Return on Investment in Year 5
103.57%
Property Price at the End of Year 5
$898,000
Deposit Schedule
$7,500 at Signing
Total up to 5% in 30 days
$34,850
5% in 126 days
$34,850
5% in 491 days
$34,850
5% on Occupancy
$34,850
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 | $36,000 | $38,000 | $40,000 | $42,000 | $44,000 | $47,000 | $49,000 | $52,000 | $54,000 | $57,000 | $460,000 |
| rent income | - | - | $10,000 | $18,000 | $19,000 | $20,000 | $21,000 | $21,000 | $22,000 | $23,000 | $155,000 |
| mortgage principal reduction | - | - | $5,000 | $9,000 | $9,000 | $10,000 | $10,000 | $11,000 | $11,000 | $12,000 | $77,000 |
| deposit interest | $3,000 | $7,000 | $2,000 | - | - | - | - | - | - | - | $12,000 |
| gst hst rebate | - | - | $24,000 | - | - | - | - | - | - | - | $24,000 |
| total income return | $39,000 | $45,000 | $81,000 | $69,000 | $73,000 | $76,000 | $80,000 | $84,000 | $88,000 | $92,000 | $727,000 |
Expense/ Investment
| Category | Y1 | Y2 | Y3 | Y4 | Y5 | Y6 | Y7 | Y8 | Y9 | Y10 | Total |
|---|---|---|---|---|---|---|---|---|---|---|---|
| deposit | $70,000 | $35,000 | $35,000 | - | - | - | - | - | - | - | $139,000 |
| remaining balance payment | - | - | - | - | - | - | - | - | - | - | - |
| closing cost | - | - | $61,000 | - | - | - | - | - | - | - | $61,000 |
| operating expense | - | - | $5,000 | $8,000 | $8,000 | $8,000 | $9,000 | $9,000 | $9,000 | $9,000 | $65,000 |
| mortgage payment | - | - | $20,000 | $35,000 | $35,000 | $35,000 | $35,000 | $35,000 | $35,000 | $35,000 | $265,000 |
| total expense investment | $70,000 | $35,000 | $121,000 | $43,000 | $43,000 | $43,000 | $44,000 | $44,000 | $44,000 | $44,000 | $531,000 |
Other
| Category | Y1 | Y2 | Y3 | Y4 | Y5 | Y6 | Y7 | Y8 | Y9 | Y10 | Total |
|---|---|---|---|---|---|---|---|---|---|---|---|
| net gain loss | -$30,762 | $10,000 | -$39,749 | $26,000 | $29,000 | $33,000 | $36,000 | $40,000 | $44,000 | $48,000 | $196,000 |
| cumulative roi | $56 | $80 | $77 | $91 | $104 | $115 | $126 | $137 | $147 | $158 | $1,000 |
JOYA Condos
Address: Toronto W08, Ontario
Price Range: $460,000 - $1,245,000
Avail. suites: 21
0—3 bd
336—1094 SqFt