Suite number:
1AG-D - Suite 702
Project:
Address:
Toronto, Ontario
Developer:
Marlin Spring Developments
Property type:
condo
Floor plan:
Bathrooms:
1
Bedrooms:
1.5
Size:
618 sqft
Occupancy Date:
Aug 2025
Price, CAD
$733,990
Available
ROI
Want to own a unit? —
Investment Period: 5 years
Yearly Return on Investment in Year 5
18.06%
Cumulative Return on Investment in Year 5
88.95%
Property Price at the End of Year 5
$946,000
Deposit Schedule
$7,500 at Signing
Total up to 5% in 30 days
$36,700
5% on Occupancy
$36,700
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 | $38,000 | $40,000 | $42,000 | $44,000 | $47,000 | $49,000 | $52,000 | $54,000 | $57,000 | $60,000 | $484,000 |
rent income | $18,000 | $22,000 | $23,000 | $24,000 | $25,000 | $26,000 | $28,000 | $29,000 | $30,000 | $31,000 | $257,000 |
mortgage principal reduction | $8,000 | $9,000 | $10,000 | $10,000 | $11,000 | $11,000 | $12,000 | $13,000 | $13,000 | $14,000 | $111,000 |
deposit interest | $47 | - | - | - | - | - | - | - | - | - | $47 |
gst hst rebate | $24,000 | - | - | - | - | - | - | - | - | - | $24,000 |
total income return | $88,000 | $72,000 | $75,000 | $79,000 | $83,000 | $87,000 | $91,000 | $96,000 | $100,000 | $105,000 | $877,000 |
Expense/ Investment
Category | Y1 | Y2 | Y3 | Y4 | Y5 | Y6 | Y7 | Y8 | Y9 | Y10 | Total |
---|---|---|---|---|---|---|---|---|---|---|---|
deposit | $73,000 | - | - | - | - | - | - | - | - | - | $73,000 |
remaining balance payment | $73,000 | - | - | - | - | - | - | - | - | - | $73,000 |
closing cost | $63,000 | - | - | - | - | - | - | - | - | - | $63,000 |
operating expense | $8,000 | $10,000 | $10,000 | $10,000 | $10,000 | $10,000 | $11,000 | $11,000 | $11,000 | $11,000 | $102,000 |
mortgage payment | $31,000 | $37,000 | $37,000 | $37,000 | $37,000 | $37,000 | $37,000 | $37,000 | $37,000 | $37,000 | $361,000 |
total expense investment | $248,000 | $46,000 | $46,000 | $47,000 | $47,000 | $47,000 | $47,000 | $48,000 | $48,000 | $48,000 | $673,000 |
Other
Category | Y1 | Y2 | Y3 | Y4 | Y5 | Y6 | Y7 | Y8 | Y9 | Y10 | Total |
---|---|---|---|---|---|---|---|---|---|---|---|
net gain loss | -$160,396 | $26,000 | $29,000 | $32,000 | $36,000 | $40,000 | $44,000 | $48,000 | $52,000 | $57,000 | $204,000 |
cumulative roi | $31 | $47 | $62 | $76 | $89 | $101 | $113 | $125 | $138 | $150 | $933 |
Curio Condos
Address: Toronto, Ontario
Price Range: $536,000 - $1,112,000
Avail. suites: 42
0—3 bd
440—1054 SqFt