Suite number:
1T - Suite 311
Project:
Address:
Toronto, Ontario
Developer:
Marlin Spring Developments
Property type:
condo
Floor plan:
Bathrooms:
1
Bedrooms:
1
Size:
536 sqft
Occupancy Date:
Aug 2025
Price, CAD
$653,990
Available
ROI
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Investment Period: 5 years
Yearly Return on Investment in Year 5
15.99%
Cumulative Return on Investment in Year 5
79.77%
Property Price at the End of Year 5
$843,000
Deposit Schedule
$7,500 at Signing
Total up to 10% in 9999 days
$65,399
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 | $34,000 | $36,000 | $38,000 | $40,000 | $42,000 | $44,000 | $46,000 | $48,000 | $51,000 | $54,000 | $432,000 |
rent income | $11,000 | $13,000 | $14,000 | $14,000 | $15,000 | $15,000 | $16,000 | $17,000 | $17,000 | $18,000 | $150,000 |
mortgage principal reduction | $7,000 | $8,000 | $9,000 | $9,000 | $10,000 | $10,000 | $11,000 | $11,000 | $12,000 | $12,000 | $100,000 |
deposit interest | - | - | - | - | - | - | - | - | - | - | - |
gst hst rebate | $24,000 | - | - | - | - | - | - | - | - | - | $24,000 |
total income return | $77,000 | $57,000 | $60,000 | $63,000 | $66,000 | $69,000 | $73,000 | $76,000 | $80,000 | $84,000 | $706,000 |
Expense/ Investment
Category | Y1 | Y2 | Y3 | Y4 | Y5 | Y6 | Y7 | Y8 | Y9 | Y10 | Total |
---|---|---|---|---|---|---|---|---|---|---|---|
deposit | $65,000 | - | - | - | - | - | - | - | - | - | $65,000 |
remaining balance payment | $65,000 | - | - | - | - | - | - | - | - | - | $65,000 |
closing cost | $60,000 | - | - | - | - | - | - | - | - | - | $60,000 |
operating expense | $7,000 | $8,000 | $8,000 | $8,000 | $8,000 | $8,000 | $9,000 | $9,000 | $9,000 | $9,000 | $83,000 |
mortgage payment | $30,000 | $33,000 | $33,000 | $33,000 | $33,000 | $33,000 | $33,000 | $33,000 | $33,000 | $33,000 | $325,000 |
total expense investment | $227,000 | $40,000 | $41,000 | $41,000 | $41,000 | $41,000 | $41,000 | $42,000 | $42,000 | $42,000 | $598,000 |
Other
Category | Y1 | Y2 | Y3 | Y4 | Y5 | Y6 | Y7 | Y8 | Y9 | Y10 | Total |
---|---|---|---|---|---|---|---|---|---|---|---|
net gain loss | -$150,622 | $17,000 | $19,000 | $22,000 | $25,000 | $28,000 | $31,000 | $35,000 | $38,000 | $42,000 | $108,000 |
cumulative roi | $31 | $45 | $58 | $69 | $80 | $89 | $99 | $107 | $116 | $125 | $820 |
Curio Condos
Address: Toronto, Ontario
Price Range: $536,000 - $1,112,000
Avail. suites: 42
0—3 bd
440—1054 SqFt