Suite number:
1M - Suite 917
Project:
Address:
Toronto, Ontario
Developer:
Marlin Spring Developments
Property type:
condo
Floor plan:
Bathrooms:
1
Bedrooms:
1
Size:
500 sqft
Occupancy Date:
Aug 2025
Price, CAD
$656,990
Available
ROI
Want to own a unit? —
Investment Period: 5 years
Yearly Return on Investment in Year 5
15.87%
Cumulative Return on Investment in Year 5
79.11%
Property Price at the End of Year 5
$846,000
Deposit Schedule
$7,500 at Signing
Total up to 10% in 9999 days
$65,699
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 | $49,000 | $51,000 | $54,000 | $434,000 |
rent income | $11,000 | $12,000 | $13,000 | $13,000 | $14,000 | $14,000 | $15,000 | $16,000 | $16,000 | $17,000 | $140,000 |
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 | $76,000 | $57,000 | $59,000 | $62,000 | $65,000 | $69,000 | $72,000 | $76,000 | $79,000 | $83,000 | $698,000 |
Expense/ Investment
Category | Y1 | Y2 | Y3 | Y4 | Y5 | Y6 | Y7 | Y8 | Y9 | Y10 | Total |
---|---|---|---|---|---|---|---|---|---|---|---|
deposit | $66,000 | - | - | - | - | - | - | - | - | - | $66,000 |
remaining balance payment | $66,000 | - | - | - | - | - | - | - | - | - | $66,000 |
closing cost | $60,000 | - | - | - | - | - | - | - | - | - | $60,000 |
operating expense | $7,000 | $7,000 | $8,000 | $8,000 | $8,000 | $8,000 | $8,000 | $8,000 | $9,000 | $9,000 | $79,000 |
mortgage payment | $30,000 | $33,000 | $33,000 | $33,000 | $33,000 | $33,000 | $33,000 | $33,000 | $33,000 | $33,000 | $326,000 |
total expense investment | $228,000 | $40,000 | $40,000 | $41,000 | $41,000 | $41,000 | $41,000 | $41,000 | $41,000 | $42,000 | $596,000 |
Other
Category | Y1 | Y2 | Y3 | Y4 | Y5 | Y6 | Y7 | Y8 | Y9 | Y10 | Total |
---|---|---|---|---|---|---|---|---|---|---|---|
net gain loss | -$151,723 | $16,000 | $19,000 | $22,000 | $25,000 | $28,000 | $31,000 | $34,000 | $38,000 | $42,000 | $102,000 |
cumulative roi | $30 | $45 | $58 | $69 | $79 | $89 | $98 | $106 | $115 | $123 | $811 |
Curio Condos
Address: Toronto, Ontario
Price Range: $536,000 - $1,112,000
Avail. suites: 42
0—3 bd
440—1054 SqFt