Suite number:
404 - 2BD-T
Project:
Address:
Toronto W08, Ontario
Developer:
Marlin Spring Developments
Property type:
condo
Floor plan:
Bathrooms:
2
Bedrooms:
2.5
Size:
798 sqft
Occupancy Date:
Mar 2028
Price, CAD
$896,990
Available
ROI
Want to own a unit? —
Investment Period: 5 years
Yearly Return on Investment in Year 5
24.17%
Cumulative Return on Investment in Year 5
113.06%
Property Price at the End of Year 5
$1,156,000
Deposit Schedule
$7,500 at Signing
Total up to 5% in 30 days
$44,850
5% in 358 days
$44,850
5% in 723 days
$44,850
5% on Occupancy
$44,850
Net Gain (Loss)
Get Expert Advice
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 | $47,000 | $49,000 | $52,000 | $54,000 | $57,000 | $60,000 | $63,000 | $67,000 | $70,000 | $74,000 | $592,000 |
| rent income | - | - | - | $26,000 | $29,000 | $30,000 | $32,000 | $33,000 | $34,000 | $36,000 | $219,000 |
| mortgage principal reduction | - | - | - | $10,000 | $12,000 | $12,000 | $13,000 | $13,000 | $14,000 | $15,000 | $89,000 |
| deposit interest | $2,000 | $7,000 | $7,000 | $345 | - | - | - | - | - | - | $17,000 |
| gst hst rebate | - | - | - | $24,000 | - | - | - | - | - | - | $24,000 |
| total income return | $49,000 | $56,000 | $59,000 | $114,000 | $98,000 | $102,000 | $107,000 | $113,000 | $118,000 | $124,000 | $941,000 |
Expense/ Investment
| Category | Y1 | Y2 | Y3 | Y4 | Y5 | Y6 | Y7 | Y8 | Y9 | Y10 | Total |
|---|---|---|---|---|---|---|---|---|---|---|---|
| deposit | $90,000 | $45,000 | - | $45,000 | - | - | - | - | - | - | $179,000 |
| remaining balance payment | - | - | - | - | - | - | - | - | - | - | - |
| closing cost | - | - | - | $69,000 | - | - | - | - | - | - | $69,000 |
| operating expense | - | - | - | $11,000 | $12,000 | $13,000 | $13,000 | $13,000 | $13,000 | $14,000 | $89,000 |
| mortgage payment | - | - | - | $41,000 | $45,000 | $45,000 | $45,000 | $45,000 | $45,000 | $45,000 | $311,000 |
| total expense investment | $90,000 | $45,000 | - | $166,000 | $57,000 | $57,000 | $58,000 | $58,000 | $58,000 | $59,000 | $648,000 |
Other
| Category | Y1 | Y2 | Y3 | Y4 | Y5 | Y6 | Y7 | Y8 | Y9 | Y10 | Total |
|---|---|---|---|---|---|---|---|---|---|---|---|
| net gain loss | -$40,802 | $11,000 | $59,000 | -$52,021 | $40,000 | $45,000 | $50,000 | $55,000 | $60,000 | $65,000 | $292,000 |
| cumulative roi | $55 | $78 | $122 | $99 | $113 | $126 | $139 | $151 | $164 | $176 | $1,000 |
JOYA Condos
Address: Toronto W08, Ontario
Price Range: $460,000 - $1,264,000
Avail. suites: 27
0—3 bd
336—1094 SqFt