Suite number:
1201 (Lower Penthouses)
Project:
Address:
Toronto, Ontario
Developer:
Freed Developments
Property type:
condo
Floor plan:
Bathrooms:
3
Bedrooms:
3.5
Size:
1527 sqft
Occupancy Date:
Sep 2025
Price, CAD
$3,435,900
Available
ROI
Want to own a unit? —
Investment Period: 5 years
Yearly Return on Investment in Year 5
17.50%
Cumulative Return on Investment in Year 5
80.27%
Property Price at the End of Year 5
$4,426,000
Deposit Schedule
$5,000 at Signing
Total up to 5% in 30 days
$171,795
15% on Occupancy
$515,385
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 | $178,000 | $188,000 | $198,000 | $208,000 | $219,000 | $230,000 | $242,000 | $255,000 | $268,000 | $282,000 | $2,268,000 |
rent income | $40,000 | $55,000 | $57,000 | $60,000 | $62,000 | $65,000 | $68,000 | $71,000 | $74,000 | $77,000 | $630,000 |
mortgage principal reduction | $32,000 | $44,000 | $46,000 | $48,000 | $51,000 | $53,000 | $56,000 | $58,000 | $61,000 | $64,000 | $513,000 |
deposit interest | $1,000 | - | - | - | - | - | - | - | - | - | $1,000 |
gst hst rebate | $24,000 | - | - | - | - | - | - | - | - | - | $24,000 |
total income return | $275,000 | $287,000 | $301,000 | $316,000 | $332,000 | $348,000 | $366,000 | $384,000 | $403,000 | $423,000 | $3,436,000 |
Expense/ Investment
Category | Y1 | Y2 | Y3 | Y4 | Y5 | Y6 | Y7 | Y8 | Y9 | Y10 | Total |
---|---|---|---|---|---|---|---|---|---|---|---|
deposit | $687,000 | - | - | - | - | - | - | - | - | - | $687,000 |
remaining balance payment | - | - | - | - | - | - | - | - | - | - | - |
closing cost | $185,000 | - | - | - | - | - | - | - | - | - | $185,000 |
operating expense | $21,000 | $28,000 | $29,000 | $30,000 | $30,000 | $31,000 | $32,000 | $33,000 | $33,000 | $34,000 | $301,000 |
mortgage payment | $129,000 | $172,000 | $172,000 | $172,000 | $172,000 | $172,000 | $172,000 | $172,000 | $172,000 | $172,000 | $1,678,000 |
total expense investment | $1,022,000 | $200,000 | $201,000 | $202,000 | $202,000 | $203,000 | $204,000 | $205,000 | $205,000 | $206,000 | $2,851,000 |
Other
Category | Y1 | Y2 | Y3 | Y4 | Y5 | Y6 | Y7 | Y8 | Y9 | Y10 | Total |
---|---|---|---|---|---|---|---|---|---|---|---|
net gain loss | -$747,576 | $86,000 | $100,000 | $114,000 | $129,000 | $145,000 | $162,000 | $179,000 | $198,000 | $217,000 | $585,000 |
cumulative roi | $24 | $42 | $56 | $69 | $80 | $91 | $100 | $109 | $118 | $127 | $817 |
ANX Condos
Address: Toronto, Ontario
Price Range: $1,100,000 - $6,174,000
Avail. suites: 18
2—4 bd
701—2806 SqFt