Suite number:
404
Project:
Address:
Toronto C10, Ontario
Developer:
Freed Developments
Property type:
condo
Bathrooms:
2
Bedrooms:
2.5
Size:
1948 sqft
Occupancy Date:
Dec 2024
Price, CAD
$3,299,900
Available
ROI
Want to own a unit? —
Investment Period: 5 years
Yearly Return on Investment in Year 5
18.70%
Cumulative Return on Investment in Year 5
86.33%
Property Price at the End of Year 5
$4,251,000
Deposit Schedule
$10,000 at Signing
Total up to 20% in 10149 days
$659,980
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 | $171,000 | $180,000 | $190,000 | $200,000 | $210,000 | $221,000 | $233,000 | $245,000 | $257,000 | $271,000 | $2,178,000 |
| rent income | $63,000 | $71,000 | $74,000 | $77,000 | $81,000 | $84,000 | $88,000 | $91,000 | $95,000 | $100,000 | $824,000 |
| mortgage principal reduction | $39,000 | $44,000 | $46,000 | $49,000 | $51,000 | $53,000 | $56,000 | $58,000 | $61,000 | $64,000 | $520,000 |
| deposit interest | - | - | - | - | - | - | - | - | - | - | - |
| gst hst rebate | $24,000 | - | - | - | - | - | - | - | - | - | $24,000 |
| total income return | $297,000 | $296,000 | $310,000 | $326,000 | $342,000 | $358,000 | $376,000 | $394,000 | $414,000 | $434,000 | $3,546,000 |
Expense/ Investment
| Category | Y1 | Y2 | Y3 | Y4 | Y5 | Y6 | Y7 | Y8 | Y9 | Y10 | Total |
|---|---|---|---|---|---|---|---|---|---|---|---|
| deposit | $660,000 | - | - | - | - | - | - | - | - | - | $660,000 |
| remaining balance payment | - | - | - | - | - | - | - | - | - | - | - |
| closing cost | $177,000 | - | - | - | - | - | - | - | - | - | $177,000 |
| operating expense | $25,000 | $28,000 | $29,000 | $30,000 | $31,000 | $32,000 | $33,000 | $34,000 | $36,000 | $37,000 | $317,000 |
| mortgage payment | $147,000 | $161,000 | $161,000 | $161,000 | $161,000 | $161,000 | $161,000 | $161,000 | $161,000 | $161,000 | $1,592,000 |
| total expense investment | $1,009,000 | $189,000 | $190,000 | $191,000 | $192,000 | $193,000 | $194,000 | $195,000 | $196,000 | $197,000 | $2,746,000 |
Other
| Category | Y1 | Y2 | Y3 | Y4 | Y5 | Y6 | Y7 | Y8 | Y9 | Y10 | Total |
|---|---|---|---|---|---|---|---|---|---|---|---|
| net gain loss | -$712,674 | $107,000 | $121,000 | $135,000 | $150,000 | $165,000 | $182,000 | $199,000 | $218,000 | $237,000 | $800,000 |
| cumulative roi | $25 | $44 | $59 | $73 | $86 | $98 | $110 | $121 | $132 | $142 | $891 |
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