Suite number:
404 - 2BD-T
Project:
Address:
Toronto W08, Ontario
Developer:
Marlin Spring Developments
Property type:
condo
Bathrooms:
2
Bedrooms:
2.5
Size:
798 sqft
Occupancy Date:
Mar 2027
Price, CAD
$896,990
Available
ROI
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Investment Period: 5 years
Yearly Return on Investment in Year 5
22.76%
Cumulative Return on Investment in Year 5
107.33%
Property Price at the End of Year 5
$1,156,000
Deposit Schedule
$7,500 at Signing
Total up to 5% in 0 days
$44,850
5% in 0 days
$44,850
5% in 60 days
$44,850
5% on Occupancy
$44,850
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 | $47,000 | $49,000 | $52,000 | $54,000 | $57,000 | $60,000 | $63,000 | $67,000 | $70,000 | $74,000 | $592,000 |
| rent income | - | - | $21,000 | $29,000 | $30,000 | $31,000 | $33,000 | $34,000 | $36,000 | $37,000 | $251,000 |
| mortgage principal reduction | - | - | $9,000 | $12,000 | $13,000 | $13,000 | $14,000 | $14,000 | $15,000 | $16,000 | $105,000 |
| deposit interest | $3,000 | $8,000 | $2,000 | - | - | - | - | - | - | - | $13,000 |
| gst hst rebate | - | - | $24,000 | - | - | - | - | - | - | - | $24,000 |
| total income return | $50,000 | $57,000 | $107,000 | $95,000 | $100,000 | $105,000 | $110,000 | $115,000 | $121,000 | $126,000 | $985,000 |
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 | - | - | $68,000 | - | - | - | - | - | - | - | $68,000 |
| operating expense | - | - | $9,000 | $12,000 | $13,000 | $13,000 | $13,000 | $14,000 | $14,000 | $15,000 | $104,000 |
| mortgage payment | - | - | $33,000 | $44,000 | $44,000 | $44,000 | $44,000 | $44,000 | $44,000 | $44,000 | $338,000 |
| total expense investment | $90,000 | $45,000 | $154,000 | $56,000 | $56,000 | $57,000 | $57,000 | $58,000 | $58,000 | $58,000 | $689,000 |
Other
| Category | Y1 | Y2 | Y3 | Y4 | Y5 | Y6 | Y7 | Y8 | Y9 | Y10 | Total |
|---|---|---|---|---|---|---|---|---|---|---|---|
| net gain loss | -$40,159 | $12,000 | -$47,469 | $39,000 | $44,000 | $48,000 | $53,000 | $58,000 | $63,000 | $68,000 | $296,000 |
| cumulative roi | $55 | $79 | $76 | $92 | $107 | $121 | $135 | $148 | $161 | $174 | $1,000 |
JOYA Condos
Address: Toronto W08, Ontario
Price Range: $460,000 - $1,264,000
Avail. suites: 25
0—3 bd
336—1094 SqFt