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
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Investment Period: 5 years
Yearly Return on Investment in Year 5
22.70%
Cumulative Return on Investment in Year 5
107.59%
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 126 days
$44,850
5% in 491 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 | - | - | $16,000 | $29,000 | $30,000 | $31,000 | $32,000 | $34,000 | $35,000 | $37,000 | $244,000 |
| mortgage principal reduction | - | - | $6,000 | $11,000 | $12,000 | $13,000 | $13,000 | $14,000 | $14,000 | $15,000 | $99,000 |
| deposit interest | $4,000 | $9,000 | $3,000 | - | - | - | - | - | - | - | $15,000 |
| gst hst rebate | - | - | $24,000 | - | - | - | - | - | - | - | $24,000 |
| total income return | $50,000 | $58,000 | $101,000 | $94,000 | $99,000 | $104,000 | $109,000 | $114,000 | $120,000 | $126,000 | $974,000 |
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 | - | - | $7,000 | $12,000 | $12,000 | $13,000 | $13,000 | $13,000 | $14,000 | $14,000 | $98,000 |
| mortgage payment | - | - | $26,000 | $45,000 | $45,000 | $45,000 | $45,000 | $45,000 | $45,000 | $45,000 | $341,000 |
| total expense investment | $90,000 | $45,000 | $147,000 | $57,000 | $57,000 | $58,000 | $58,000 | $58,000 | $59,000 | $59,000 | $688,000 |
Other
| Category | Y1 | Y2 | Y3 | Y4 | Y5 | Y6 | Y7 | Y8 | Y9 | Y10 | Total |
|---|---|---|---|---|---|---|---|---|---|---|---|
| net gain loss | -$39,589 | $13,000 | -$46,468 | $37,000 | $42,000 | $46,000 | $51,000 | $56,000 | $61,000 | $67,000 | $286,000 |
| cumulative roi | $56 | $80 | $78 | $93 | $108 | $121 | $134 | $146 | $159 | $171 | $1,000 |
JOYA Condos
Address: Toronto W08, Ontario
Price Range: $460,000 - $1,245,000
Avail. suites: 21
0—3 bd
336—1094 SqFt