Suite number:
305
Project:
Address:
Toronto C10, Ontario
Developer:
Freed Developments
Property type:
condo
Floor plan:
Bathrooms:
2
Bedrooms:
2.5
Size:
1735 sqft
Occupancy Date:
Dec 2024
Price, CAD
$2,799,900
Available
ROI
Want to own a unit? —
Investment Period: 5 years
Yearly Return on Investment in Year 5
45.93%
Cumulative Return on Investment in Year 5
213.21%
Property Price at the End of Year 5
$3,607,000
Deposit Schedule
$10,000 at Signing
Total up to 20% in 9999 days
$559,980
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 | $145,000 | $153,000 | $161,000 | $169,000 | $178,000 | $188,000 | $197,000 | $208,000 | $218,000 | $230,000 | $1,848,000 |
| rent income | $63,000 | $66,000 | $69,000 | $71,000 | $75,000 | $78,000 | $81,000 | $85,000 | $88,000 | $92,000 | $767,000 |
| mortgage principal reduction | $35,000 | $36,000 | $38,000 | $40,000 | $42,000 | $44,000 | $46,000 | $48,000 | $51,000 | $53,000 | $432,000 |
| deposit interest | - | - | - | - | - | - | - | - | - | - | - |
| gst hst rebate | $24,000 | - | - | - | - | - | - | - | - | - | $24,000 |
| total income return | $267,000 | $255,000 | $268,000 | $281,000 | $295,000 | $309,000 | $324,000 | $340,000 | $357,000 | $375,000 | $3,070,000 |
Expense/ Investment
| Category | Y1 | Y2 | Y3 | Y4 | Y5 | Y6 | Y7 | Y8 | Y9 | Y10 | Total |
|---|---|---|---|---|---|---|---|---|---|---|---|
| deposit | - | - | - | - | - | - | - | - | - | - | - |
| remaining balance payment | - | - | - | - | - | - | - | - | - | - | - |
| closing cost | - | - | - | - | - | - | - | - | - | - | - |
| operating expense | $25,000 | $25,000 | $26,000 | $27,000 | $27,000 | $28,000 | $28,000 | $29,000 | $30,000 | $31,000 | $276,000 |
| mortgage payment | $140,000 | $140,000 | $140,000 | $140,000 | $140,000 | $140,000 | $140,000 | $140,000 | $140,000 | $140,000 | $1,402,000 |
| total expense investment | $165,000 | $166,000 | $166,000 | $167,000 | $167,000 | $168,000 | $169,000 | $169,000 | $170,000 | $171,000 | $1,678,000 |
Other
| Category | Y1 | Y2 | Y3 | Y4 | Y5 | Y6 | Y7 | Y8 | Y9 | Y10 | Total |
|---|---|---|---|---|---|---|---|---|---|---|---|
| net gain loss | $102,000 | $90,000 | $101,000 | $114,000 | $127,000 | $141,000 | $156,000 | $171,000 | $187,000 | $204,000 | $1,392,000 |
| cumulative roi | $218 | $203 | $204 | $207 | $213 | $220 | $228 | $236 | $245 | $255 | $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