Suite number:
404
Project:
Address:
Toronto C10, Ontario
Developer:
Freed Developments
Property type:
condo
Floor plan:
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
44.80%
Cumulative Return on Investment in Year 5
207.25%
Property Price at the End of Year 5
$4,251,000
Deposit Schedule
$10,000 at Signing
Total up to 20% in 9999 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 | $71,000 | $74,000 | $77,000 | $80,000 | $84,000 | $87,000 | $91,000 | $95,000 | $99,000 | $103,000 | $861,000 |
mortgage principal reduction | $41,000 | $43,000 | $45,000 | $47,000 | $49,000 | $52,000 | $54,000 | $57,000 | $60,000 | $62,000 | $509,000 |
deposit interest | - | - | - | - | - | - | - | - | - | - | - |
gst hst rebate | $24,000 | - | - | - | - | - | - | - | - | - | $24,000 |
total income return | $307,000 | $297,000 | $312,000 | $327,000 | $343,000 | $360,000 | $378,000 | $396,000 | $416,000 | $436,000 | $3,571,000 |
Expense/ Investment
Category | Y1 | Y2 | Y3 | Y4 | Y5 | Y6 | Y7 | Y8 | Y9 | Y10 | Total |
---|---|---|---|---|---|---|---|---|---|---|---|
deposit | - | - | - | - | - | - | - | - | - | - | - |
remaining balance payment | - | - | - | - | - | - | - | - | - | - | - |
closing cost | - | - | - | - | - | - | - | - | - | - | - |
operating expense | $28,000 | $29,000 | $30,000 | $30,000 | $31,000 | $32,000 | $33,000 | $33,000 | $34,000 | $35,000 | $315,000 |
mortgage payment | $165,000 | $165,000 | $165,000 | $165,000 | $165,000 | $165,000 | $165,000 | $165,000 | $165,000 | $165,000 | $1,653,000 |
total expense investment | $194,000 | $194,000 | $195,000 | $196,000 | $196,000 | $197,000 | $198,000 | $199,000 | $199,000 | $200,000 | $1,967,000 |
Other
Category | Y1 | Y2 | Y3 | Y4 | Y5 | Y6 | Y7 | Y8 | Y9 | Y10 | Total |
---|---|---|---|---|---|---|---|---|---|---|---|
net gain loss | $113,000 | $103,000 | $117,000 | $131,000 | $147,000 | $163,000 | $180,000 | $198,000 | $217,000 | $236,000 | $1,604,000 |
cumulative roi | $209 | $197 | $198 | $202 | $207 | $214 | $221 | $229 | $238 | $247 | $2,000 |
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