Suite number:
602
Project:
Address:
Toronto C02, Ontario
Developer:
Freed Developments
Property type:
condo
Bathrooms:
2.5
Bedrooms:
2.5
Size:
2112 sqft
Occupancy Date:
Mar 2023
Price, CAD
$3,499,900
Available
ROI
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Investment Period: 5 years
Yearly Return on Investment in Year 5
33.03%
Cumulative Return on Investment in Year 5
158.87%
Property Price at the End of Year 5
$4,509,000
Deposit Schedule
$5 at Signing
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 | $181,000 | $191,000 | $201,000 | $212,000 | $223,000 | $234,000 | $247,000 | $259,000 | $273,000 | $287,000 | $2,310,000 |
| rent income | - | - | - | - | - | - | - | - | - | - | - |
| mortgage principal reduction | $125,000 | $51,000 | $53,000 | $56,000 | $58,000 | $61,000 | $64,000 | $67,000 | $70,000 | $73,000 | $677,000 |
| deposit interest | - | - | - | - | - | - | - | - | - | - | - |
| gst hst rebate | - | - | - | - | - | - | - | - | - | - | - |
| total income return | $307,000 | $242,000 | $255,000 | $268,000 | $281,000 | $295,000 | $310,000 | $326,000 | $343,000 | $360,000 | $2,987,000 |
Expense/ Investment
| Category | Y1 | Y2 | Y3 | Y4 | Y5 | Y6 | Y7 | Y8 | Y9 | Y10 | Total |
|---|---|---|---|---|---|---|---|---|---|---|---|
| deposit | - | - | - | - | - | - | - | - | - | - | - |
| remaining balance payment | - | - | - | - | - | - | - | - | - | - | - |
| closing cost | - | - | - | - | - | - | - | - | - | - | - |
| operating expense | - | - | - | - | - | - | - | - | - | - | - |
| mortgage payment | $170,000 | $170,000 | $170,000 | $170,000 | $170,000 | $170,000 | $170,000 | $170,000 | $170,000 | $170,000 | $1,702,000 |
| total expense investment | $170,000 | $170,000 | $170,000 | $170,000 | $170,000 | $170,000 | $170,000 | $170,000 | $170,000 | $170,000 | $1,702,000 |
Other
| Category | Y1 | Y2 | Y3 | Y4 | Y5 | Y6 | Y7 | Y8 | Y9 | Y10 | Total |
|---|---|---|---|---|---|---|---|---|---|---|---|
| net gain loss | $136,000 | $72,000 | $84,000 | $97,000 | $111,000 | $125,000 | $140,000 | $156,000 | $172,000 | $190,000 | $1,285,000 |
| cumulative roi | $180 | $161 | $157 | $157 | $159 | $161 | $164 | $168 | $171 | $175 | $2,000 |
346 Davenport
Address: Toronto C02, Ontario
Price Range: $2,330,000 - $4,580,000
Avail. suites: 4
2—4 bd
1019—2801 SqFt