Suite number:
B8
Project:
Address:
Toronto W03, Ontario
Developer:
Marlin Spring Developments
Property type:
condo
Bathrooms:
1
Bedrooms:
1
Size:
502 sqft
Occupancy Date:
Sep 2026
$670,990
Available
Want to own a unit? —
Investment Period: 5 years
Yearly Return on Investment in Year 5
18.75%
Cumulative Return on Investment in Year 5
88.67%
Property Price at the End of Year 5
$864,000
Deposit Schedule
$10,000 at Signing
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 | $35,000 | $37,000 | $39,000 | $41,000 | $43,000 | $45,000 | $47,000 | $50,000 | $52,000 | $55,000 | $443,000 |
rent income | - | $2,000 | $12,000 | $12,000 | $13,000 | $13,000 | $14,000 | $15,000 | $15,000 | $16,000 | $112,000 |
mortgage principal reduction | - | $1,000 | $9,000 | $9,000 | $10,000 | $10,000 | $10,000 | $11,000 | $11,000 | $12,000 | $84,000 |
deposit interest | $518 | $424 | - | - | - | - | - | - | - | - | $942 |
gst hst rebate | - | $24,000 | - | - | - | - | - | - | - | - | $24,000 |
total income return | $35,000 | $64,000 | $59,000 | $62,000 | $65,000 | $68,000 | $72,000 | $75,000 | $79,000 | $83,000 | $663,000 |
Expense/ Investment
Category | Y1 | Y2 | Y3 | Y4 | Y5 | Y6 | Y7 | Y8 | Y9 | Y10 | Total |
---|---|---|---|---|---|---|---|---|---|---|---|
deposit | $10,000 | - | - | - | - | - | - | - | - | - | $10,000 |
remaining balance payment | - | $124,000 | - | - | - | - | - | - | - | - | $124,000 |
closing cost | - | $59,000 | - | - | - | - | - | - | - | - | $59,000 |
operating expense | - | $1,000 | $8,000 | $8,000 | $8,000 | $8,000 | $9,000 | $9,000 | $9,000 | $9,000 | $69,000 |
mortgage payment | - | $5,000 | $33,000 | $33,000 | $33,000 | $33,000 | $33,000 | $33,000 | $33,000 | $33,000 | $267,000 |
total expense investment | $10,000 | $190,000 | $40,000 | $40,000 | $41,000 | $41,000 | $41,000 | $41,000 | $42,000 | $42,000 | $529,000 |
Other
Category | Y1 | Y2 | Y3 | Y4 | Y5 | Y6 | Y7 | Y8 | Y9 | Y10 | Total |
---|---|---|---|---|---|---|---|---|---|---|---|
net gain loss | $25,000 | -$125,187 | $19,000 | $22,000 | $24,000 | $27,000 | $31,000 | $34,000 | $37,000 | $41,000 | $135,000 |
cumulative roi | $353 | $50 | $65 | $78 | $89 | $99 | $108 | $117 | $125 | $133 | $1,000 |
316 Junction Condos
Address: Toronto W03, Ontario
Price Range: $620,000 - $1,296,000
Avail. suites: 26
1—3 bd
457—1086 SqFt