Suite number:
404
Project:
Address:
Toronto C10, Ontario
Developer:
Freed Developments
Property type:
condo
Bathrooms:
Bedrooms:
2.5
Size:
1733 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
19.41%
Cumulative Return on Investment in Year 5
89.27%
Property Price at the End of Year 5
$4,251,000
Deposit Schedule
$10,000 at Signing
Total up to 5% in 30 days
$154,995
15% on Occupancy
$494,985
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 | $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 | $46,000 | $63,000 | $65,000 | $68,000 | $71,000 | $74,000 | $78,000 | $81,000 | $84,000 | $88,000 | $718,000 |
| mortgage principal reduction | $35,000 | $48,000 | $50,000 | $52,000 | $54,000 | $56,000 | $58,000 | $61,000 | $63,000 | $66,000 | $543,000 |
| deposit interest | $1,000 | - | - | - | - | - | - | - | - | - | $1,000 |
| gst hst rebate | $24,000 | - | - | - | - | - | - | - | - | - | $24,000 |
| total income return | $276,000 | $291,000 | $305,000 | $320,000 | $335,000 | $352,000 | $369,000 | $386,000 | $405,000 | $425,000 | $3,464,000 |
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 | $19,000 | $26,000 | $27,000 | $28,000 | $29,000 | $30,000 | $31,000 | $32,000 | $33,000 | $34,000 | $289,000 |
| mortgage payment | $113,000 | $151,000 | $151,000 | $151,000 | $151,000 | $151,000 | $151,000 | $151,000 | $151,000 | $151,000 | $1,475,000 |
| total expense investment | $970,000 | $178,000 | $178,000 | $179,000 | $180,000 | $181,000 | $182,000 | $183,000 | $184,000 | $185,000 | $2,600,000 |
Other
| Category | Y1 | Y2 | Y3 | Y4 | Y5 | Y6 | Y7 | Y8 | Y9 | Y10 | Total |
|---|---|---|---|---|---|---|---|---|---|---|---|
| net gain loss | -$693,138 | $114,000 | $127,000 | $141,000 | $155,000 | $170,000 | $187,000 | $203,000 | $221,000 | $240,000 | $864,000 |
| cumulative roi | $25 | $45 | $61 | $76 | $89 | $102 | $113 | $125 | $136 | $147 | $919 |
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