Suite number:
401
Project:
Address:
Toronto C10, Ontario
Developer:
Freed Developments
Property type:
condo
Bathrooms:
Bedrooms:
2
Size:
971 sqft
Occupancy Date:
Dec 2024
Price, CAD
$2,099,900
Available
ROI
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Investment Period: 5 years
Yearly Return on Investment in Year 5
18.39%
Cumulative Return on Investment in Year 5
85.54%
Property Price at the End of Year 5
$2,705,000
Deposit Schedule
$10,000 at Signing
Total up to 5% in 30 days
$94,995
15% on Occupancy
$314,985
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 | $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 | $21,000 | $29,000 | $31,000 | $32,000 | $33,000 | $35,000 | $36,000 | $38,000 | $39,000 | $41,000 | $335,000 |
| mortgage principal reduction | $22,000 | $30,000 | $32,000 | $33,000 | $34,000 | $36,000 | $37,000 | $39,000 | $40,000 | $42,000 | $346,000 |
| deposit interest | $700 | - | - | - | - | - | - | - | - | - | $700 |
| gst hst rebate | $24,000 | - | - | - | - | - | - | - | - | - | $24,000 |
| total income return | $177,000 | $175,000 | $183,000 | $192,000 | $201,000 | $211,000 | $221,000 | $232,000 | $243,000 | $255,000 | $2,092,000 |
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 | $11,000 | $15,000 | $15,000 | $16,000 | $16,000 | $17,000 | $17,000 | $18,000 | $19,000 | $19,000 | $164,000 |
| mortgage payment | $72,000 | $96,000 | $96,000 | $96,000 | $96,000 | $96,000 | $96,000 | $96,000 | $96,000 | $96,000 | $938,000 |
| total expense investment | $620,000 | $111,000 | $112,000 | $112,000 | $113,000 | $113,000 | $114,000 | $114,000 | $115,000 | $115,000 | $1,639,000 |
Other
| Category | Y1 | Y2 | Y3 | Y4 | Y5 | Y6 | Y7 | Y8 | Y9 | Y10 | Total |
|---|---|---|---|---|---|---|---|---|---|---|---|
| net gain loss | -$443,118 | $63,000 | $71,000 | $80,000 | $89,000 | $98,000 | $108,000 | $118,000 | $129,000 | $140,000 | $452,000 |
| cumulative roi | $26 | $45 | $60 | $74 | $86 | $97 | $107 | $117 | $126 | $135 | $872 |
Keewatin is a luxury collection of 36 high-end, modern condominiums located at Mt. Pleasant and Eglinton. Spacious and stately, the homes range from 800 to 2,500 sq. ft. with 1-bedroom + den, 2-bedroom, 2-bedroom + den, 3-bedroom, 3-bedroom + den and...
Address: Toronto C10, Ontario
Price Range: $2,100,000 - $3,700,000
Avail. suites: 16
1—4.5 bd
619—2328 SqFt