Suite number:
1.1C (Tower Collection)
Project:
Address:
Toronto, Ontario
Developer:
Freed Developments
Property type:
condo
Floor plan:
Bathrooms:
1
Bedrooms:
1
Size:
558 sqft
Occupancy Date:
Jan 2030
Price, CAD
$994,900
Available
ROI
Want to own a unit? —
Investment Period: 5 years
Yearly Return on Investment in Year 5
36.48%
Cumulative Return on Investment in Year 5
129.81%
Property Price at the End of Year 5
$1,282,000
Deposit Schedule
$10,000 at Signing
Total up to 5% in 30 days
$49,745
5% in 180 days
$49,745
2.5% in 720 days
$24,873
2.5% in 1200 days
$24,873
5% on Occupancy
$49,745
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 | $52,000 | $54,000 | $57,000 | $60,000 | $63,000 | $67,000 | $70,000 | $74,000 | $78,000 | $82,000 | $657,000 |
| rent income | - | - | - | - | $6,000 | $13,000 | $14,000 | $14,000 | $15,000 | $16,000 | $79,000 |
| mortgage principal reduction | - | - | - | - | $6,000 | $13,000 | $13,000 | $14,000 | $14,000 | $15,000 | $75,000 |
| deposit interest | $3,000 | $5,000 | $6,000 | $9,000 | $3,000 | - | - | - | - | - | $27,000 |
| gst hst rebate | - | - | - | - | $24,000 | - | - | - | - | - | $24,000 |
| total income return | $55,000 | $60,000 | $64,000 | $69,000 | $103,000 | $93,000 | $97,000 | $102,000 | $107,000 | $113,000 | $862,000 |
Expense/ Investment
| Category | Y1 | Y2 | Y3 | Y4 | Y5 | Y6 | Y7 | Y8 | Y9 | Y10 | Total |
|---|---|---|---|---|---|---|---|---|---|---|---|
| deposit | $99,000 | $25,000 | - | $25,000 | $50,000 | - | - | - | - | - | $199,000 |
| remaining balance payment | - | - | - | - | - | - | - | - | - | - | - |
| closing cost | - | - | - | - | $73,000 | - | - | - | - | - | $73,000 |
| operating expense | - | - | - | - | $5,000 | $10,000 | $10,000 | $11,000 | $11,000 | $11,000 | $58,000 |
| mortgage payment | - | - | - | - | $25,000 | $50,000 | $50,000 | $50,000 | $50,000 | $50,000 | $274,000 |
| total expense investment | $99,000 | $25,000 | - | $25,000 | $153,000 | $60,000 | $60,000 | $60,000 | $61,000 | $61,000 | $604,000 |
Other
| Category | Y1 | Y2 | Y3 | Y4 | Y5 | Y6 | Y7 | Y8 | Y9 | Y10 | Total |
|---|---|---|---|---|---|---|---|---|---|---|---|
| net gain loss | -$44,838 | $35,000 | $64,000 | $44,000 | -$49,710 | $33,000 | $37,000 | $42,000 | $47,000 | $52,000 | $258,000 |
| cumulative roi | $55 | $92 | $143 | $166 | $130 | $136 | $141 | $147 | $153 | $158 | $1,000 |
Freed Hotel & Residences
Address: Toronto, Ontario
Price Range: $600,000 - $13,250,000
Avail. suites: 47
0—3 bd
275—5722 SqFt