Suite number:
522 - 1JD
Project:
Address:
Toronto W08, Ontario
Developer:
Marlin Spring Developments
Property type:
condo
Floor plan:
Bathrooms:
2
Bedrooms:
2
Size:
646 sqft
Occupancy Date:
Mar 2028
Price, CAD
$745,990
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
102.96%
Property Price at the End of Year 5
$961,000
Deposit Schedule
$7,500 at Signing
Total up to 5% in 30 days
$37,300
5% in 126 days
$37,300
5% in 491 days
$37,300
5% on Occupancy
$37,300
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 | $39,000 | $41,000 | $43,000 | $45,000 | $48,000 | $50,000 | $53,000 | $55,000 | $58,000 | $61,000 | $492,000 |
| rent income | - | - | $11,000 | $19,000 | $20,000 | $21,000 | $22,000 | $23,000 | $24,000 | $25,000 | $165,000 |
| mortgage principal reduction | - | - | $5,000 | $9,000 | $10,000 | $10,000 | $11,000 | $11,000 | $12,000 | $13,000 | $82,000 |
| deposit interest | $3,000 | $7,000 | $2,000 | - | - | - | - | - | - | - | $13,000 |
| gst hst rebate | - | - | $24,000 | - | - | - | - | - | - | - | $24,000 |
| total income return | $42,000 | $48,000 | $85,000 | $74,000 | $78,000 | $81,000 | $85,000 | $90,000 | $94,000 | $99,000 | $776,000 |
Expense/ Investment
| Category | Y1 | Y2 | Y3 | Y4 | Y5 | Y6 | Y7 | Y8 | Y9 | Y10 | Total |
|---|---|---|---|---|---|---|---|---|---|---|---|
| deposit | $75,000 | $37,000 | $37,000 | - | - | - | - | - | - | - | $149,000 |
| remaining balance payment | - | - | - | - | - | - | - | - | - | - | - |
| closing cost | - | - | $63,000 | - | - | - | - | - | - | - | $63,000 |
| operating expense | - | - | $5,000 | $10,000 | $10,000 | $10,000 | $10,000 | $10,000 | $11,000 | $11,000 | $77,000 |
| mortgage payment | - | - | $22,000 | $37,000 | $37,000 | $37,000 | $37,000 | $37,000 | $37,000 | $37,000 | $283,000 |
| total expense investment | $75,000 | $37,000 | $128,000 | $47,000 | $47,000 | $47,000 | $48,000 | $48,000 | $48,000 | $48,000 | $573,000 |
Other
| Category | Y1 | Y2 | Y3 | Y4 | Y5 | Y6 | Y7 | Y8 | Y9 | Y10 | Total |
|---|---|---|---|---|---|---|---|---|---|---|---|
| net gain loss | -$32,925 | $11,000 | -$42,409 | $27,000 | $31,000 | $34,000 | $38,000 | $42,000 | $46,000 | $50,000 | $204,000 |
| cumulative roi | $56 | $80 | $77 | $91 | $103 | $114 | $125 | $135 | $145 | $156 | $1,000 |
JOYA Condos
Address: Toronto W08, Ontario
Price Range: $460,000 - $1,245,000
Avail. suites: 21
0—3 bd
336—1094 SqFt