Suite number:
401
Project:
Address:
Toronto C10, Ontario
Developer:
Freed Developments
Property type:
condo
Bathrooms:
2
Bedrooms:
2
Size:
1022 sqft
Occupancy Date:
Dec 2024
Price, CAD
$2,099,900
Available
ROI
Want to own a unit? —
Investment Period: 5 years
Yearly Return on Investment in Year 5
17.46%
Cumulative Return on Investment in Year 5
81.53%
Property Price at the End of Year 5
$2,705,000
Deposit Schedule
$10,000 at Signing
Total up to 20% in 10149 days
$419,980
Net Gain (Loss)
Get Expert Advice
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 | $109,000 | $115,000 | $121,000 | $127,000 | $134,000 | $141,000 | $148,000 | $156,000 | $164,000 | $172,000 | $1,386,000 |
| rent income | $27,000 | $31,000 | $32,000 | $34,000 | $35,000 | $37,000 | $38,000 | $40,000 | $42,000 | $44,000 | $360,000 |
| mortgage principal reduction | $25,000 | $28,000 | $30,000 | $31,000 | $32,000 | $34,000 | $35,000 | $37,000 | $39,000 | $40,000 | $331,000 |
| deposit interest | - | - | - | - | - | - | - | - | - | - | - |
| gst hst rebate | $24,000 | - | - | - | - | - | - | - | - | - | $24,000 |
| total income return | $185,000 | $174,000 | $183,000 | $192,000 | $201,000 | $211,000 | $222,000 | $233,000 | $244,000 | $256,000 | $2,101,000 |
Expense/ Investment
| Category | Y1 | Y2 | Y3 | Y4 | Y5 | Y6 | Y7 | Y8 | Y9 | Y10 | Total |
|---|---|---|---|---|---|---|---|---|---|---|---|
| deposit | $420,000 | - | - | - | - | - | - | - | - | - | $420,000 |
| remaining balance payment | - | - | - | - | - | - | - | - | - | - | - |
| closing cost | $117,000 | - | - | - | - | - | - | - | - | - | $117,000 |
| operating expense | $14,000 | $16,000 | $16,000 | $17,000 | $17,000 | $18,000 | $18,000 | $19,000 | $19,000 | $20,000 | $172,000 |
| mortgage payment | $94,000 | $102,000 | $102,000 | $102,000 | $102,000 | $102,000 | $102,000 | $102,000 | $102,000 | $102,000 | $1,013,000 |
| total expense investment | $644,000 | $118,000 | $118,000 | $119,000 | $119,000 | $120,000 | $120,000 | $121,000 | $121,000 | $122,000 | $1,722,000 |
Other
| Category | Y1 | Y2 | Y3 | Y4 | Y5 | Y6 | Y7 | Y8 | Y9 | Y10 | Total |
|---|---|---|---|---|---|---|---|---|---|---|---|
| net gain loss | -$459,287 | $57,000 | $65,000 | $73,000 | $82,000 | $92,000 | $101,000 | $112,000 | $123,000 | $134,000 | $379,000 |
| cumulative roi | $26 | $43 | $58 | $70 | $82 | $92 | $102 | $111 | $120 | $129 | $831 |
Residences on Keewatin Park
Address: Toronto C10, Ontario
Price Range: $2,100,000 - $3,700,000
Avail. suites: 15
1—4.5 bd
619—2328 SqFt