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
37.24%
Cumulative Return on Investment in Year 5
132.89%
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 | - | - | - | - | $5,000 | $13,000 | $14,000 | $14,000 | $15,000 | $16,000 | $77,000 |
| mortgage principal reduction | - | - | - | - | $5,000 | $13,000 | $13,000 | $14,000 | $14,000 | $15,000 | $74,000 |
| deposit interest | $4,000 | $5,000 | $6,000 | $9,000 | $4,000 | - | - | - | - | - | $29,000 |
| gst hst rebate | - | - | - | - | $24,000 | - | - | - | - | - | $24,000 |
| total income return | $55,000 | $60,000 | $64,000 | $69,000 | $102,000 | $92,000 | $97,000 | $102,000 | $107,000 | $112,000 | $861,000 |
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 | - | - | - | - | $4,000 | $10,000 | $10,000 | $11,000 | $11,000 | $11,000 | $57,000 |
| mortgage payment | - | - | - | - | $21,000 | $50,000 | $50,000 | $50,000 | $50,000 | $50,000 | $270,000 |
| total expense investment | $99,000 | $25,000 | - | $25,000 | $148,000 | $60,000 | $60,000 | $60,000 | $61,000 | $61,000 | $599,000 |
Other
| Category | Y1 | Y2 | Y3 | Y4 | Y5 | Y6 | Y7 | Y8 | Y9 | Y10 | Total |
|---|---|---|---|---|---|---|---|---|---|---|---|
| net gain loss | -$44,185 | $35,000 | $64,000 | $44,000 | -$45,974 | $32,000 | $37,000 | $42,000 | $46,000 | $52,000 | $262,000 |
| cumulative roi | $56 | $92 | $144 | $166 | $133 | $138 | $144 | $149 | $155 | $160 | $1,000 |
Freed Hotel & Residences
Address: Toronto, Ontario
Price Range: $600,000 - $13,250,000
Avail. suites: 47
0—3 bd
275—5722 SqFt