Suite number:
304
Project:
Address:
Toronto C02, Ontario
Developer:
Freed Developments
Property type:
condo
Bathrooms:
2.5
Bedrooms:
2
Size:
1669 sqft
Occupancy Date:
Mar 2023
Price, CAD
$2,329,900
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
$3,002,000
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 | $121,000 | $127,000 | $134,000 | $141,000 | $148,000 | $156,000 | $164,000 | $173,000 | $182,000 | $191,000 | $1,538,000 |
| rent income | - | - | - | - | - | - | - | - | - | - | - |
| mortgage principal reduction | $83,000 | $34,000 | $35,000 | $37,000 | $39,000 | $41,000 | $42,000 | $44,000 | $46,000 | $49,000 | $451,000 |
| deposit interest | - | - | - | - | - | - | - | - | - | - | - |
| gst hst rebate | - | - | - | - | - | - | - | - | - | - | - |
| total income return | $204,000 | $161,000 | $170,000 | $178,000 | $187,000 | $197,000 | $207,000 | $217,000 | $228,000 | $240,000 | $1,988,000 |
Expense/ Investment
| Category | Y1 | Y2 | Y3 | Y4 | Y5 | Y6 | Y7 | Y8 | Y9 | Y10 | Total |
|---|---|---|---|---|---|---|---|---|---|---|---|
| deposit | - | - | - | - | - | - | - | - | - | - | - |
| remaining balance payment | - | - | - | - | - | - | - | - | - | - | - |
| closing cost | - | - | - | - | - | - | - | - | - | - | - |
| operating expense | - | - | - | - | - | - | - | - | - | - | - |
| mortgage payment | $113,000 | $113,000 | $113,000 | $113,000 | $113,000 | $113,000 | $113,000 | $113,000 | $113,000 | $113,000 | $1,133,000 |
| total expense investment | $113,000 | $113,000 | $113,000 | $113,000 | $113,000 | $113,000 | $113,000 | $113,000 | $113,000 | $113,000 | $1,133,000 |
Other
| Category | Y1 | Y2 | Y3 | Y4 | Y5 | Y6 | Y7 | Y8 | Y9 | Y10 | Total |
|---|---|---|---|---|---|---|---|---|---|---|---|
| net gain loss | $91,000 | $48,000 | $56,000 | $65,000 | $74,000 | $83,000 | $93,000 | $104,000 | $115,000 | $126,000 | $855,000 |
| 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